NYSEARCA:HYG

79.49
0.02 (0.03%) 1d
0
Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

The iShares Hi Yield Corp Bond ETF (HYG-N) has received positive reviews from experts, with a focus on its Unhedged nature, large number of issues, relatively short duration, and reasonable yields at maturity. Experts believe that it has performed well in the past and is likely to continue to do so in the future.

Consensus
Positive
Valuation
Fair Value
Similar
VWEAX-Vanguard High-Yield Corporate Fund Admiral Shares
BUY

Unhedged, with 1,157 issues, duration is 3.4 years and yields at maturity under 6%. It has done well and will continue to.

E.T.F.'s
DON'T BUY
A great time to buy high-yield bonds, paying over 7%. But Canadians shouldn't buy HYG, because the USD is strong and if it falls, it will hurt you. Instead, buy a bond ETF that's currency-hedged.
E.T.F.'s
COMMENT
One of the biggest risks is the credit markets in the sheer amount of debt that is sitting at investment-grade that will get downgraded. This is a high yield bond ETF. $75 to $80 is probably the range that you want to nibble away at. There will be some value developing in the high yield space.
E.T.F.'s
HOLD

The high-yield bond market in the US is interesting. In January everybody thought the troubles in the high-yield bond market would echo itself into something that would look more like a sub prime crisis in 2008. He had disagreed with this, so has been very Long on this all year. The bond and credit markets have done really well over the last few months, so he would recommend you shorten your duration in bond markets and increase your credit risks.

E.T.F.'s
COMMENT

High-yield bonds with a shorter duration? This is a relatively short duration of around 5 years, and would be his preferred choice.

E.T.F.'s
PAST TOP PICK
(A Top Pick June 7/10. Up 16.75%.) US High Yield Corp. Bond ETF. Switched to the US High Yield Bond Index Fund (XHY-T) because it is hedged back to the Cdn $. Returns are almost identical.
E.T.F.'s
PAST TOP PICK
(A Top Pick Oct 30/09. Up 16.1%.) US High-yield corporate bonds ETF. (Top Pick is the Canadian version XHY-T.)
E.T.F.'s
PAST TOP PICK
(A Top Pick Oct 30/09. Up 2.9%.) US High-yield corporate bonds ETF. Cdn$ took 1% of the return so switched to the US High Yield Bond Index Fund (XHY-T). (See Top Picks.)
E.T.F.'s
WEAK BUY
Hi Yield Corp Bond ETF. Diversification reduces risk of holding low-investment-grade bonds. Gives full exposure to high yields as an asset class. Higher asset class has performed very well over the last decade. Prefers Canadian hedged versions such as the High Yield Bond ETF (CHB-T) because of currency changes, especially in RRSPs.
E.T.F.'s
PAST TOP PICK
(Top Pick Oct 20/09, Up 1% because of yield) They converted to a Canadian dollar hedged fund in January. He thinks you will get double-digit returns out of this fund.
E.T.F.'s
BUY
Hedged in Canadian $. Recommended for a TFSA.
E.T.F.'s
TOP PICK
Hedged in Canadian $ and well diversified. Default rate has gone down significantly in the US. Reasonable chance of double-digit returns. Yield to maturity of 9.75%
E.T.F.'s
TOP PICK
US High-yield corporate bonds ETF. Yielding in double-digit territory. There will be a recovery. It will be slow. Spreads will continue to grind in more narrowly.
E.T.F.'s
BUY
High Yield Space. Have had a great run. 10% as a running yield.
E.T.F.'s
BUY
High-yield bonds is a place you want to be when coming out of a recession into a bit of a recovery. Has had quite a bit of a run. Spreads between these and treasuries are now tightening a little. Could still be room to go. Pays around 10% yield.
E.T.F.'s
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iShares Hi Yield Corp Bond ETF(HYG-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for iShares Hi Yield Corp Bond ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

iShares Hi Yield Corp Bond ETF(HYG-N) Frequently Asked Questions

What is iShares Hi Yield Corp Bond ETF stock symbol?

iShares Hi Yield Corp Bond ETF is a American stock, trading under the symbol HYG-N on the NYSE Arca (HYG). It is usually referred to as AMEX:HYG or HYG-N

Is iShares Hi Yield Corp Bond ETF a buy or a sell?

In the last year, 1 stock analyst published opinions about HYG-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for iShares Hi Yield Corp Bond ETF.

Is iShares Hi Yield Corp Bond ETF a good investment or a top pick?

iShares Hi Yield Corp Bond ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for iShares Hi Yield Corp Bond ETF.

Why is iShares Hi Yield Corp Bond ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is iShares Hi Yield Corp Bond ETF worth watching?

In the last year, there was no coverage of iShares Hi Yield Corp Bond ETF published on Stockchase.

What is iShares Hi Yield Corp Bond ETF stock price?

On 2024-11-22, iShares Hi Yield Corp Bond ETF (HYG-N) stock closed at a price of $79.49.