iShares High Yield Bond Factor ETF (HYDB)
HYDB is a passive ETF by iShares tracking the investment results of the BlackRock High Yield Defensive Bond Index. HYDB launched on Jul 11, 2017 and has a 0.35% expense ratio.
ETF Info
| Issuer | iShares |
|---|---|
| Inception Date | Jul 11, 2017 |
| Region | Developed Markets (Broad) |
| Category | High Yield Bonds |
| Leveraged | 1x |
| Index Tracked | BlackRock High Yield Defensive Bond Index |
| Asset Class | Bond |
Expense Ratio
HYDB features an expense ratio of 0.35%, falling within the medium range.
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: HYDB vs. VWEAX, HYDB vs. PGHY, HYDB vs. HYXU, HYDB vs. HYG, HYDB vs. FLHY, HYDB vs. SPHY, HYDB vs. EMCB, HYDB vs. SHYG, HYDB vs. IGEB, HYDB vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iShares High Yield Bond Factor 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 High Yield Bond Factor ETF had a return of 9.70% year-to-date (YTD) and 16.14% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 9.70% | 25.70% |
| 1 month | 1.31% | 3.51% |
| 6 months | 6.81% | 14.80% |
| 1 year | 16.14% | 37.91% |
| 5 years (annualized) | 5.24% | 14.18% |
| 10 years (annualized) | N/A | 11.41% |
Monthly Returns
The table below presents the monthly returns of HYDB, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.71% | -0.11% | 1.57% | -0.86% | 1.65% | 0.56% | 2.18% | 1.43% | 1.65% | -0.91% | 9.70% | ||
| 2023 | 3.65% | -1.66% | 1.72% | 0.65% | -0.53% | 1.80% | 1.72% | -0.02% | -1.55% | -0.40% | 5.02% | 3.01% | 14.02% |
| 2022 | -2.59% | -0.79% | -1.09% | -3.37% | 0.61% | -6.85% | 6.18% | -2.62% | -3.89% | 3.09% | 3.11% | -1.56% | -9.99% |
| 2021 | 0.03% | 0.61% | 0.67% | 0.81% | 0.10% | 1.47% | 0.04% | 0.47% | -0.18% | 0.29% | -1.23% | 1.99% | 5.14% |
| 2020 | -0.43% | -0.75% | -11.59% | 4.30% | 3.44% | 0.89% | 5.05% | 0.84% | -0.99% | 1.27% | 4.20% | 2.03% | 7.39% |
| 2019 | 5.05% | 1.39% | 0.96% | 1.75% | -2.01% | 3.23% | 1.03% | 1.04% | 0.58% | 0.43% | -0.31% | 2.07% | 16.13% |
| 2018 | 0.37% | -0.89% | -0.48% | 0.00% | 0.27% | 0.12% | 1.33% | 0.77% | 0.42% | -2.12% | -0.76% | -2.19% | -3.17% |
| 2017 | 0.81% | 0.16% | 1.31% | 0.30% | 0.09% | 0.41% | 3.12% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of HYDB is 93, placing it in the top 7% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares High Yield Bond Factor ETF (HYDB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
iShares High Yield Bond Factor ETF provided a 6.95% dividend yield over the last twelve months, with an annual payout of $3.32 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $3.32 | $3.23 | $2.74 | $2.42 | $2.98 | $2.88 | $2.86 | $1.37 |
Dividend yield | 6.95% | 7.00% | 6.30% | 4.70% | 5.81% | 5.68% | 6.17% | 2.70% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares High Yield Bond Factor 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.21 | $0.27 | $0.33 | $0.28 | $0.29 | $0.28 | $0.28 | $0.28 | $0.27 | $0.28 | $2.75 | |
| 2023 | $0.00 | $0.25 | $0.25 | $0.27 | $0.27 | $0.28 | $0.27 | $0.27 | $0.30 | $0.29 | $0.23 | $0.57 | $3.23 |
| 2022 | $0.00 | $0.21 | $0.21 | $0.22 | $0.23 | $0.22 | $0.22 | $0.24 | $0.22 | $0.24 | $0.24 | $0.51 | $2.74 |
| 2021 | $0.00 | $0.25 | $0.22 | $0.20 | $0.18 | $0.17 | $0.17 | $0.18 | $0.20 | $0.21 | $0.20 | $0.43 | $2.42 |
| 2020 | $0.00 | $0.24 | $0.24 | $0.25 | $0.24 | $0.23 | $0.24 | $0.25 | $0.24 | $0.25 | $0.26 | $0.54 | $2.98 |
| 2019 | $0.00 | $0.26 | $0.25 | $0.25 | $0.24 | $0.25 | $0.23 | $0.24 | $0.23 | $0.22 | $0.24 | $0.49 | $2.88 |
| 2018 | $0.00 | $0.21 | $0.23 | $0.24 | $0.23 | $0.25 | $0.24 | $0.24 | $0.25 | $0.24 | $0.24 | $0.48 | $2.86 |
| 2017 | $0.36 | $0.23 | $0.23 | $0.54 | $1.37 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares High Yield Bond Factor 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 High Yield Bond Factor ETF was 21.58%, occurring on Mar 23, 2020. Recovery took 139 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.58% | Feb 21, 2020 | 22 | Mar 23, 2020 | 139 | Oct 8, 2020 | 161 |
| -14.28% | Dec 29, 2021 | 188 | Sep 27, 2022 | 297 | Dec 1, 2023 | 485 |
| -6.51% | Oct 4, 2018 | 52 | Dec 24, 2018 | 25 | Feb 5, 2019 | 77 |
| -3.37% | Jan 31, 2018 | 5 | Feb 9, 2018 | 71 | Aug 7, 2018 | 76 |
| -2.43% | Aug 14, 2017 | 4 | Aug 21, 2017 | 36 | Oct 23, 2017 | 40 |
Volatility
Volatility Chart
The current iShares High Yield Bond Factor ETF volatility is 1.13%, 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.