FundNYSEARCACorporate High Yield

iShares Interest Rate Hedged High Yield Bond ETF

HYGH NYSE Arca

HYGH seeks to provide exposure to high yield corporate bonds while mitigating interest rate risk by holding HYG (iShares iBoxx $ High Yield Corporate Bond ETF) and short positions in interest rate swaps.

84.81USD
+3.46 (+4.25%) 1 Year · close Oct 30

Hover to inspectDrag to measure a move← → to step through days

Fund size
108M
as of Feb 2020
Expense ratio
0.54%
per year
Dividend yield
6.00%
Monthly
Volatility · 1Y
3.6%
Below Average
Beta
0.28
vs the market
52-week range
81.0786.25
01 Performance

How HYGH has paid off

Price return over every period, and total return with dividends reinvested, set against price alone.

Return by period

Price · to Oct 30
Strong performance Select a period to update every chart on the page.

Total return vs price return

Price only
+6.3 pts
0%5%10% HYGH +10.5% Price +4.2%

Over 1 year, HYGH returned +10.5% with dividends reinvested — dividends added +6.3 pts to the price move.

02 Risk

How bumpy is the ride?

Return only means something next to the risk taken to earn it. Volatility, drawdowns and market sensitivity over 1 year.

Volatility

Annualized · 1Y
3.6%Below Average

A typical year sees the price swing about ±4% around its trend.

Drawdown from peak

How far below its previous high the price has been
−1.8%
0%-1%−1.8%

Deepest fall −1.8% on Oct 22, 2026 — 30 days after the previous high
More than 5% below a high 0% of the time.

Market sensitivity

Beta
Market moves+10.0%
HYGH tends to move+2.8%

A beta of 0.28 means HYGH has moved less than the market.

Sharpe ratio 0.39 Return earned per unit of volatility
03 Technicals

Trend & momentum

Where the price sits against its moving averages, and how stretched the recent move is.

Price vs moving averages

Uptrend
84.81
  • 12-day average85.02 −0.2%
  • 26-day average85.16 −0.4%
  • 50-day average85.29 −0.6%
  • 200-day average84.35 +0.5%

The price is above 1 of 4 averages. The 50-day average is above the 200-day, a sign of a rising longer-term trend.

Relative strength (RSI)

Neutral
OversoldOverbought40.8

RSI compares recent gains with recent losses on a 0–100 scale. Above 70 a move is often considered stretched, below 30 washed out.

Technical indicators describe past prices. They are not a forecast.

04 Fund

Inside the fund

Corporate High Yield · Interest Rate Hedged — tracking the Markit iBoxx USD Liquid High Yield Interest Rate Hedged Swaps Index.

  • Assets under management108MUSD
  • Expense ratio0.54%per year
  • Holdings13
  • Risk score5.1Medium

Launched May 2014. Fund data as of Feb 28, 2020.

05 Dividends

What it pays you

Cash distributions over the last twelve months, and how they have grown.

Dividend yield6.00%

About 60 USD a year for every 1,000 USD invested at today's price.

Per share
5.09
Frequency
Monthly
Last paid
Oct 2, 2026

Last 12 months

5.09 USD / share
0.50Nov 40.45Dec 20.48Dec 230.43Feb 30.47Mar 30.49Apr 20.49May 40.46Jun 20.44Aug 40.48Sep 20.40Oct 2
06 Themes

Where HYGH shows up

Curated themes and indices that hold HYGH. Open one to see it in context, or test the whole theme in a portfolio.

07 Profile

About iShares Interest Rate Hedged High Yield Bond ETF

HYGH seeks to provide exposure to high yield corporate bonds while mitigating interest rate risk by holding HYG (iShares iBoxx $ High Yield Corporate Bond ETF) and short positions in interest rate swaps.

  • Featured in 1 curated theme
  • 13 holdings
Ticker
HYGH
Exchange
NYSE Arca
ISIN
US46431W6066
CUSIP
46431W606
Currency
U.S. Dollar (USD)
Country
USA
Sector
Corporate High Yield
Industry
Interest Rate Hedged
Benchmark
Markit iBoxx USD Liquid High Yield Interest Rate Hedged Swaps Index
All key statistics

Details

NameiShares Interest Rate Hedged High Yield Bond ETF
TickerHYGH
ISINUS46431W6066
CUSIP46431W606
ExchangeNYSEARCA
CategoryCorporate High Yield
Sub CategoryInterest Rate Hedged
CountryUSA
CurrencyU.S. Dollar
Inception DateMay 27, 2014
BenchmarkMarkit iBoxx USD Liquid High Yield Interest Rate Hedged Swaps Index

Shareas of Oct 30, 2026

Close Price USD84.81
52W Low / High 81.07 / 86.25
1Y Total Return10.26%
Strong
1Y Volatility3.81%
Below Average
Beta0.28
12M Dividends5.08805
Last Dividend DateOct 2, 2026
Dist. FrequencyMonthly
Dividend Yield6.00%

Dataas of Feb 28, 2020

AUM108 M
Discount/Premium-0.081%
NAV86.00
Shares Outstanding1.3 M
Volume 20D Avg12 K
Nbr of Holdings13
Risk RankMedium
Net Expense0.540%
Options available-
Next step

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Data for information only, not investment advice. Past performance does not guarantee future results.