iShares Inflation Hedged High Yield Bond ETF (HYGI)
HYGI is a passive ETF by iShares tracking the investment results of the BlackRock Inflation Hedged High Yield Bond Index - Benchmark TR Gross. HYGI launched on Jun 22, 2022 and has a 0.52% expense ratio.
ETF Info
| ISIN | US46431W5498 |
|---|---|
| Issuer | iShares |
| Inception Date | Jun 22, 2022 |
| Region | North America (U.S.) |
| Category | Inflation-Protected Bonds |
| Leveraged | 1x |
| Index Tracked | BlackRock Inflation Hedged High Yield Bond Index - Benchmark TR Gross |
| Asset Class | Bond |
Expense Ratio
HYGI features an expense ratio of 0.52%, 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: HYGI vs. SHYG, HYGI vs. IVV, HYGI vs. SPHY, HYGI vs. FALN, HYGI vs. HYG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iShares Inflation Hedged High Yield 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 Inflation Hedged High Yield Bond ETF had a return of 6.10% year-to-date (YTD) and 11.77% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.10% | 15.73% |
| 1 month | 2.66% | 6.43% |
| 6 months | 4.70% | 8.14% |
| 1 year | 11.77% | 22.75% |
| 5 years (annualized) | N/A | 13.18% |
| 10 years (annualized) | N/A | 10.67% |
Monthly Returns
The table below presents the monthly returns of HYGI, 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 | 0.13% | 0.71% | 1.35% | -0.64% | 1.42% | 0.42% | 1.69% | 1.11% | 6.10% | ||||
| 2023 | 2.84% | -0.67% | 1.95% | -0.25% | -1.31% | 2.28% | 1.72% | -0.36% | -1.14% | -0.53% | 3.95% | 2.84% | 11.72% |
| 2022 | -2.76% | 7.52% | -3.79% | -5.05% | 4.88% | 2.27% | -1.75% | 0.65% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of HYGI is 94, placing it in the top 6% 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 Inflation Hedged High Yield Bond ETF (HYGI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
iShares Inflation Hedged High Yield Bond ETF granted a 6.16% dividend yield in the last twelve months. The annual payout for that period amounted to $1.63 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $1.63 | $1.61 | $0.79 |
Dividend yield | 6.16% | 6.22% | 3.19% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Inflation Hedged High Yield 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.11 | $0.15 | $0.13 | $0.14 | $0.12 | $0.14 | $0.14 | $0.13 | $1.06 | |||
| 2023 | $0.00 | $0.12 | $0.16 | $0.13 | $0.11 | $0.12 | $0.14 | $0.13 | $0.14 | $0.15 | $0.15 | $0.27 | $1.61 |
| 2022 | $0.15 | $0.11 | $0.18 | $0.12 | $0.24 | $0.79 |
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 Inflation Hedged High Yield 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 Inflation Hedged High Yield Bond ETF was 9.65%, occurring on Sep 30, 2022. Recovery took 194 trading sessions.
The current iShares Inflation Hedged High Yield Bond ETF drawdown is 0.27%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -9.65% | Aug 15, 2022 | 34 | Sep 30, 2022 | 194 | Jul 12, 2023 | 228 |
| -3.21% | Sep 15, 2023 | 13 | Oct 3, 2023 | 23 | Nov 3, 2023 | 36 |
| -2.76% | Jun 27, 2022 | 4 | Jun 30, 2022 | 10 | Jul 15, 2022 | 14 |
| -1.98% | Aug 1, 2023 | 13 | Aug 17, 2023 | 18 | Sep 13, 2023 | 31 |
| -1.74% | Aug 1, 2024 | 3 | Aug 5, 2024 | 8 | Aug 15, 2024 | 11 |
Volatility
Volatility Chart
The current iShares Inflation Hedged High Yield Bond ETF volatility is 1.14%, 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.