HYG · iShares iBoxx $ High Yield Corporate Bond ETF
Issuer: BlackRock
A fixed-income ETF seeking to track the iBoxx USD Liquid High Yield Index through exposure to US dollar-denominated, below-investment-grade corporate bonds. It pays monthly distributions, but faces default risk, credit-spread widening and interest-rate risk. Its annual expense ratio is 0.49%.
ETF · US ETF average
Long-term returns ★★★★☆☆☆☆☆☆ Five-year cumulative total return around 18.4%.
Stability ★★★★★★★☆☆☆ Five-year maximum price drawdown near 18.7%.
Costs ★★★★★★☆☆☆☆ Annual expense ratio of 0.49%.
Upside potential ★★★★☆☆☆☆☆☆ Best calendar-year return: 11.5% in 2023.
Liquidity ★★★★★★★★★★ One-year average daily trading value about $3.3 billion.
Performance
1-month total return: 1%
1-year total return: 2%
5-year total return: 18%
Stability
1-month MDD: -1%
1-year MDD: -5%
5-year MDD: -19%