- ISIN
- US46431W5498
- Delisting Date
- Aug 19, 2025
- Issuer
- iShares
- Inception Date
- Jun 22, 2022
- Region
- North America (U.S.)
- Category
- Inflation-Protected Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- BlackRock Inflation Hedged High Yield Bond Index - Benchmark TR Gross
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $5M
Share Price Chart
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Performance
HYGI Performance Chart
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Returns By Period
iShares Inflation Hedged High Yield Bond ETF
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
HYGI Monthly Returns History
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.57% | 0.94% | -0.50% | -0.03% | 1.61% | 1.79% | 0.38% | 0.29% | 6.20% | ||||
| 2024 | 0.13% | 0.71% | 1.35% | -0.65% | 1.42% | 0.42% | 1.69% | 1.12% | 1.76% | -0.44% | 1.63% | -0.31% | 9.16% |
| 2023 | 2.84% | -0.67% | 1.95% | -0.25% | -1.31% | 2.28% | 1.71% | -0.36% | -1.14% | -0.53% | 3.95% | 2.84% | 11.71% |
| 2022 | -2.76% | 7.52% | -3.79% | -5.06% | 4.88% | 2.27% | -1.75% | 0.65% |
Benchmark Metrics
iShares Inflation Hedged High Yield Bond ETF has an annualized alpha of 2.31%, beta of 0.35, and R2 of 0.58 versus S&P 500 Index. Calculated based on daily prices since June 24, 2022.
- This ETF participated in 40.89% of S&P 500 Index downside but only 37.50% of its upside - more exposed to losses than it benefited from rallies.
- This ETF generated an annualized alpha of 2.31% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.35 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 2.31%
- Beta
- 0.35
- R²
- 0.58
- Upside Capture
- 37.50%
- Downside Capture
- 40.89%
Expense Ratio
HYGI has an expense ratio of 0.52%, placing it in the medium range.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares Inflation Hedged High Yield Bond ETF (HYGI) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HYGI | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.37 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.78 | — |
| Martin ratioReturn relative to average drawdown | — | 12.44 | — |
Dividends
Dividend History
iShares Inflation Hedged High Yield Bond ETF provided a 0.97% dividend yield over the last twelve months, with an annual payout of $0.27 per share.
| Period | TTM | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Dividend | $0.27 | $1.62 | $1.61 | $0.79 |
Dividend yield | 0.97% | 6.08% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.13 | $0.13 | $0.14 | $0.14 | $0.13 | $0.13 | $0.14 | $0.93 | ||||
| 2024 | $0.00 | $0.11 | $0.15 | $0.13 | $0.14 | $0.12 | $0.14 | $0.14 | $0.13 | $0.13 | $0.14 | $0.28 | $1.62 |
| 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.
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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.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -9.65%Sep 2022 | 1mo 16d | 9mo 15d | 11mo 1dAug 2022 - Jul 2023 |
2025 selloff2025 | -4.54%Apr 2025 | 14d | 1mo 4d | 1mo 18dMar 2025 - May 2025 |
2023 pullback2023 | -3.21%Oct 2023 | 18d | 1mo 1d | 1mo 19dSep 2023 - Nov 2023 |
Bear market2022 | -2.76%Jun 2022 | 3d | 15d | 18dJun 2022 - Jul 2022 |
2023 pullback2023 | -1.98%Aug 2023 | 16d | 27d | 1mo 13dAug 2023 - Sep 2023 |
Drawdown Indicators
| HYGI | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -56.78% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | — | -1.80% | — |
Average DrawdownAverage peak-to-trough decline | — | -10.71% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.03% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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