iShares BB Rated Corporate Bond ETF (HYBB)
HYBB is a passive ETF by iShares tracking the investment results of the ICE BofA BB US High Yield Constrained Index (USD). HYBB launched on Oct 6, 2020 and has a 0.25% expense ratio.
ETF Info
| Issuer | iShares |
|---|---|
| Inception Date | Oct 6, 2020 |
| Category | High Yield Bonds |
| Index Tracked | ICE BofA BB US High Yield Constrained Index (USD) |
| Home Page | www.ishares.com |
| Asset Class | Bond |
Expense Ratio
HYBB has a high expense ratio of 0.25%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: HYBB vs. USFR, HYBB vs. PIAMX, HYBB vs. HYDB
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iShares BB Rated Corporate Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
iShares BB Rated Corporate Bond ETF had a return of 0.85% year-to-date (YTD) and 8.12% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 0.85% | 5.21% |
| 1 month | -0.33% | -4.30% |
| 6 months | 7.62% | 18.42% |
| 1 year | 8.12% | 21.82% |
| 5 years (annualized) | N/A | 11.27% |
| 10 years (annualized) | N/A | 10.33% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.33% | 0.00% | 1.14% | -0.61% | ||||||||
| 2023 | -0.33% | 4.71% | 2.85% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HYBB is 70, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
iShares BB Rated Corporate Bond ETF(HYBB)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares BB Rated Corporate Bond ETF (HYBB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
iShares BB Rated Corporate Bond ETF granted a 6.03% dividend yield in the last twelve months. The annual payout for that period amounted to $2.74 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Dividend | $2.74 | $2.89 | $2.24 | $2.17 | $0.40 |
Dividend yield | 6.03% | 6.28% | 5.04% | 4.18% | 0.76% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares BB Rated Corporate Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.19 | $0.24 | $0.24 | ||||||||
| 2023 | $0.00 | $0.32 | $0.23 | $0.23 | $0.27 | $0.23 | $0.23 | $0.23 | $0.23 | $0.23 | $0.21 | $0.48 |
| 2022 | $0.00 | $0.17 | $0.17 | $0.19 | $0.11 | $0.19 | $0.19 | $0.17 | $0.21 | $0.21 | $0.17 | $0.46 |
| 2021 | $0.00 | $0.17 | $0.17 | $0.16 | $0.17 | $0.16 | $0.33 | $0.17 | $0.16 | $0.17 | $0.16 | $0.35 |
| 2020 | $0.40 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares BB Rated Corporate Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares BB Rated Corporate Bond ETF was 15.27%, occurring on Sep 27, 2022. Recovery took 371 trading sessions.
The current iShares BB Rated Corporate Bond ETF drawdown is 0.78%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.27% | Sep 16, 2021 | 260 | Sep 27, 2022 | 371 | Mar 20, 2024 | 631 |
| -2.72% | Feb 16, 2021 | 23 | Mar 18, 2021 | 52 | Jun 2, 2021 | 75 |
| -2.12% | Mar 28, 2024 | 13 | Apr 16, 2024 | — | — | — |
| -1.82% | Oct 13, 2020 | 12 | Oct 28, 2020 | 5 | Nov 4, 2020 | 17 |
| -0.81% | Jul 8, 2021 | 8 | Jul 19, 2021 | 4 | Jul 23, 2021 | 12 |
Volatility
Volatility Chart
The current iShares BB Rated Corporate Bond ETF volatility is 1.82%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.