SHYG

iShares 0-5 Year High Yield Corporate Bond ETF

$42.06
+0.00%
Market closed. Last update: 2:17 AM ET

📎 Investment Objective

The iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds with remaining maturities of less than 5 years.

Overview

ETF tracking iShares 0-5 Year High Yield Corporate Bond ETF

Category High Yield
Issuer BlackRock
Inception Date 2013-10-17
Market Cap $7.6B
Average Volume N/A
Dividend Yield 5.88%
52-Week Range $40.82 - $43.37
VWAP $42.11

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds with remaining maturities of less than 5 years.

🎯 Investment Strategy

The ETF invests in a representative sample of the underlying index, which is designed to measure the performance of U.S. dollar-denominated, high yield corporate bonds with remaining maturities of less than 5 years. The fund aims to provide exposure to the short-term high yield corporate bond market.

✨ Key Features

  • Focuses on high yield corporate bonds with less than 5 years to maturity
  • Seeks to track the performance of the underlying index
  • Potentially lower interest rate risk compared to longer-dated high yield bonds
  • Diversified exposure to the short-term high yield corporate bond market

⚠️ Primary Risks

  • Credit risk: Exposure to bonds with higher risk of default or credit downgrade
  • Interest rate risk: Prices may decline as interest rates rise
  • Liquidity risk: Difficulty buying or selling shares due to low trading volume
  • Market risk: Fluctuations in the value of the underlying securities

👤 Best For

This ETF may be suitable for investors seeking exposure to the short-term high yield corporate bond market as part of a diversified fixed income allocation. It may be appropriate for investors with a higher risk tolerance who are willing to accept the increased credit risk in exchange for the potential for higher returns.