iShares US High Yield Bond Index ETF

XHY-T

Analysis and Opinions about XHY-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
February 11, 2020

Holds investment-grade bonds? Doesn't like it, because "high-yield" means "junk." Never trust yield on a bond or mutual fund. Go beyond the current yield. XBB is fine or ZST.

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Holds investment-grade bonds? Doesn't like it, because "high-yield" means "junk." Never trust yield on a bond or mutual fund. Go beyond the current yield. XBB is fine or ZST.

John Hood

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Price
$19.330
Owned
Unknown
BUY
BUY
January 30, 2020
For high-yield bonds, you want to own most US bonds. He owns XHY which is hedged to the CAD. Vanguard and BMO also both offer strategies.
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For high-yield bonds, you want to own most US bonds. He owns XHY which is hedged to the CAD. Vanguard and BMO also both offer strategies.
DON'T BUY
DON'T BUY
March 26, 2019
For US high-yield bonds, he hedges the currency. No sense buying a US high-yield bond fund, if the CAD rises from the 75 cent level. There is a US high-yield bond ETF that hedges the currency so you don't get burned if the US dollar softens up. He doesn't think XHY hedges, but check. Do not buy US bonds unless you're going to have a currency hedge.
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For US high-yield bonds, he hedges the currency. No sense buying a US high-yield bond fund, if the CAD rises from the 75 cent level. There is a US high-yield bond ETF that hedges the currency so you don't get burned if the US dollar softens up. He doesn't think XHY hedges, but check. Do not buy US bonds unless you're going to have a currency hedge.
COMMENT
COMMENT
February 19, 2019
The problem with high-yield bonds are junk bonds, but XHY has held up well. If you don't believe we'll fall into recession, high-yields will perform well. That said, he'd rather buy blue-chip stocks or their convertible debentures.
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The problem with high-yield bonds are junk bonds, but XHY has held up well. If you don't believe we'll fall into recession, high-yields will perform well. That said, he'd rather buy blue-chip stocks or their convertible debentures.
DON'T BUY
DON'T BUY
November 23, 2018
These are high yield corporate junk bonds. It has a good yield, but it is exposed to more credit risk – many are in the energy sector. In times of crisis, this could be very dangerous. Be very careful here as this will trade like equity in a falling market. Yield 5.7%.
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These are high yield corporate junk bonds. It has a good yield, but it is exposed to more credit risk – many are in the energy sector. In times of crisis, this could be very dangerous. Be very careful here as this will trade like equity in a falling market. Yield 5.7%.
DON'T BUY
DON'T BUY
September 6, 2018

He would look rather at emerging market bonds for income. The credit quality is higher as the US economy is late stage with higher probability of defaults.

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He would look rather at emerging market bonds for income. The credit quality is higher as the US economy is late stage with higher probability of defaults.

COMMENT
COMMENT
January 19, 2018

Which fund would you recommend for high-yield bonds? You are always dealing with US bonds in this one. He would probably look at the ZHY as well as the XHY. Remember, you are not getting the same premium for high-yield that you used to. He would rather buy a Covered Call. He isn’t a big fan of high-yield stuff.

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Which fund would you recommend for high-yield bonds? You are always dealing with US bonds in this one. He would probably look at the ZHY as well as the XHY. Remember, you are not getting the same premium for high-yield that you used to. He would rather buy a Covered Call. He isn’t a big fan of high-yield stuff.

John Hood

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Price
$19.740
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
June 1, 2017

(Top Pick Mar 14’16, Up 15%) You have to take credit rate rise in the fixed income market. This one is hedged. He switched recently into HYI-T for an active manager.

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(Top Pick Mar 14’16, Up 15%) You have to take credit rate rise in the fixed income market. This one is hedged. He switched recently into HYI-T for an active manager.

COMMENT
COMMENT
May 16, 2017

ETF’s for bonds are not like stocks. They don’t have great tracking. If you are going to buy a high yield bond ETF, only buy a Cdn$ hedged ETF. If the Cdn$ starts to rally, you are going to lose your whole return, and possibly more.

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ETF’s for bonds are not like stocks. They don’t have great tracking. If you are going to buy a high yield bond ETF, only buy a Cdn$ hedged ETF. If the Cdn$ starts to rally, you are going to lose your whole return, and possibly more.

BUY
BUY
March 9, 2017

A Canadian hedged version of the iShares High Yield Bond ETF. (The US$ version is HYG-N for those people who want to own this in US$, and who are more bullish on the US$.) If you have regular government bonds in your portfolio, this gives you high-yield bonds for picking up more income. It has done well in the last 12 months being up by about 13%. Thinks we are probably in the 6th inning of the high-yield bond market.

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A Canadian hedged version of the iShares High Yield Bond ETF. (The US$ version is HYG-N for those people who want to own this in US$, and who are more bullish on the US$.) If you have regular government bonds in your portfolio, this gives you high-yield bonds for picking up more income. It has done well in the last 12 months being up by about 13%. Thinks we are probably in the 6th inning of the high-yield bond market.

COMMENT
COMMENT
January 13, 2017

Doesn’t think you need the Canadian hedge. You want to be exposed to US dollars. He would rather own iShares High Yield Corporate Bond (HYG-N). Also, if you have a credit crunch or an economic malaise of some sort, high-yield bonds tend to fall quicker than traditional government and investment grade corporate bonds. However, the economy looks to be recovering at this point and high-yield bonds are probably the place to be.

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Doesn’t think you need the Canadian hedge. You want to be exposed to US dollars. He would rather own iShares High Yield Corporate Bond (HYG-N). Also, if you have a credit crunch or an economic malaise of some sort, high-yield bonds tend to fall quicker than traditional government and investment grade corporate bonds. However, the economy looks to be recovering at this point and high-yield bonds are probably the place to be.

Stan Wong

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Price
$20.050
Owned
Unknown
BUY
BUY
December 16, 2016

Likes the spread on this. It has been hit a bit. He doesn’t mind that it is hedged, as you already have the risk of the underlying asset plus the currency risk. It is very attractive. He prefers corporate credits and risk credit to governments.

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Likes the spread on this. It has been hit a bit. He doesn’t mind that it is hedged, as you already have the risk of the underlying asset plus the currency risk. It is very attractive. He prefers corporate credits and risk credit to governments.

TOP PICK
TOP PICK
March 14, 2016

One of the few hedged things he has at the moment. He likes the US high-yield bond market. The spread has got huge on this. The yield on this is roughly around 7%. With a yield to maturity and a duration of about 4 years, this is pretty good. The hedge works, because you don’t have to take your currency risk. Also, you don’t get a withholding tax.

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One of the few hedged things he has at the moment. He likes the US high-yield bond market. The spread has got huge on this. The yield on this is roughly around 7%. With a yield to maturity and a duration of about 4 years, this is pretty good. The hedge works, because you don’t have to take your currency risk. Also, you don’t get a withholding tax.

TOP PICK
TOP PICK
February 1, 2016

(A Top Pick Feb 11/15. Down 10.5%.) This has been one of the worst years ever for the high-yield market. He has been in and out of this twice since his recommendation. This is nothing, but US high-yield bonds, and hedged back to the Cdn$. Well diversified both by maturity and credit. The yield to maturity is slightly under 9%.

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(A Top Pick Feb 11/15. Down 10.5%.) This has been one of the worst years ever for the high-yield market. He has been in and out of this twice since his recommendation. This is nothing, but US high-yield bonds, and hedged back to the Cdn$. Well diversified both by maturity and credit. The yield to maturity is slightly under 9%.

HOLD
HOLD
January 26, 2016

Has always been a “canary in the coal mine” for him. There has been a deterioration in the credit qualities because there is quite a bit of energy included. There is also the issue of the interest rate scenario. Treasuries and high-yields seem to be poised to do little bit better now, so now is not a bad time to just sit tight. There might be a little bit of a rebound. 6% dividend yield and it is hedged to the Cdn$.

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Has always been a “canary in the coal mine” for him. There has been a deterioration in the credit qualities because there is quite a bit of energy included. There is also the issue of the interest rate scenario. Treasuries and high-yields seem to be poised to do little bit better now, so now is not a bad time to just sit tight. There might be a little bit of a rebound. 6% dividend yield and it is hedged to the Cdn$.

Showing 1 to 15 of 68 entries

iShares US High Yield Bond Index ETF(XHY-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 3

Stockchase rating for iShares US High Yield Bond Index 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 US High Yield Bond Index ETF(XHY-T) Frequently Asked Questions

What is iShares US High Yield Bond Index ETF stock symbol?

iShares US High Yield Bond Index ETF is a Canadian stock, trading under the symbol XHY-T on the Toronto Stock Exchange (XHY-CT). It is usually referred to as TSX:XHY or XHY-T

Is iShares US High Yield Bond Index ETF a buy or a sell?

In the last year, 3 stock analysts published opinions about XHY-T. 1 analyst recommended to BUY the stock. 2 analyst recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for iShares US High Yield Bond Index ETF.

Is iShares US High Yield Bond Index ETF a good investment or a top pick?

iShares US High Yield Bond Index ETF was recommended as a Top Pick by John Hood on 2020-02-11. Read the latest stock experts ratings for iShares US High Yield Bond Index ETF.

Why is iShares US High Yield Bond Index 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 US High Yield Bond Index ETF worth watching?

3 stock analysts on Stockchase covered iShares US High Yield Bond Index ETF In the last year. It is a trending stock that is worth watching.

What is iShares US High Yield Bond Index ETF stock price?

On 2020-02-26, iShares US High Yield Bond Index ETF (XHY-T) stock closed at a price of $18.95.