FlexShares High Yield Value-Scored US Bond Index Fund (HYGV)
HYGV is a passive ETF by Northern Trust tracking the investment results of the Northern Trust High Yield Value-Scored US Corporate Bond Index. HYGV launched on Jul 17, 2018 and has a 0.37% expense ratio.
ETF Info
| ISIN | US33939L6627 |
|---|---|
| CUSIP | 33939L662 |
| Issuer | Northern Trust |
| Inception Date | Jul 17, 2018 |
| Region | Developed Markets (Broad) |
| Category | High Yield Bonds |
| Leveraged | 1x |
| Index Tracked | Northern Trust High Yield Value-Scored US Corporate Bond Index |
| Asset Class | Bond |
Expense Ratio
HYGV features an expense ratio of 0.37%, 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: HYGV vs. IWY, HYGV vs. PFXF, HYGV vs. HYG, HYGV vs. HYUP, HYGV vs. CEFS, HYGV vs. SPHY, HYGV vs. HNDL, HYGV vs. HYGH, HYGV vs. SPY, HYGV vs. SCHD
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in FlexShares High Yield Value-Scored US Bond Index Fund, 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
FlexShares High Yield Value-Scored US Bond Index Fund had a return of 8.52% year-to-date (YTD) and 15.17% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.52% | 25.70% |
| 1 month | 1.24% | 3.51% |
| 6 months | 6.49% | 14.80% |
| 1 year | 15.17% | 37.91% |
| 5 years (annualized) | 4.76% | 14.18% |
| 10 years (annualized) | N/A | 11.41% |
Monthly Returns
The table below presents the monthly returns of HYGV, 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 | 0.39% | 0.57% | 1.09% | -1.24% | 1.22% | 0.47% | 2.19% | 1.35% | 1.60% | -0.93% | 8.52% | ||
| 2023 | 4.42% | -1.78% | 1.09% | 0.42% | -1.14% | 2.28% | 1.41% | 0.42% | -1.33% | -1.67% | 4.29% | 3.36% | 12.12% |
| 2022 | -2.11% | -1.33% | -1.20% | -4.32% | 0.41% | -7.78% | 6.27% | -3.36% | -4.00% | 3.51% | 3.20% | -1.84% | -12.59% |
| 2021 | 0.10% | 0.78% | 0.89% | 0.92% | 0.08% | 1.61% | 0.07% | 0.54% | 0.01% | -0.05% | -1.51% | 3.50% | 7.08% |
| 2020 | -0.19% | -1.45% | -13.39% | 5.68% | 4.56% | 0.90% | 5.15% | 0.90% | -0.81% | 0.20% | 5.04% | 2.68% | 8.02% |
| 2019 | 5.31% | 1.56% | 1.39% | 1.79% | -1.79% | 2.55% | 0.05% | 0.61% | 0.84% | -0.34% | 0.09% | 2.85% | 15.77% |
| 2018 | 0.62% | 0.90% | 0.49% | -1.73% | -1.44% | -3.00% | -4.14% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of HYGV is 84, placing it in the top 16% 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 FlexShares High Yield Value-Scored US Bond Index Fund (HYGV) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
FlexShares High Yield Value-Scored US Bond Index Fund provided a 8.23% dividend yield over the last twelve months, with an annual payout of $3.41 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $3.41 | $3.58 | $3.05 | $3.50 | $3.03 | $3.86 | $2.56 |
Dividend yield | 8.23% | 8.77% | 7.64% | 7.15% | 6.18% | 7.95% | 5.63% |
Monthly Dividends
The table displays the monthly dividend distributions for FlexShares High Yield Value-Scored US Bond Index Fund. 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 | $0.31 | $0.28 | $0.31 | $0.28 | $0.28 | $0.27 | $0.26 | $0.29 | $0.26 | $0.26 | $2.80 | |
| 2023 | $0.00 | $0.31 | $0.27 | $0.31 | $0.29 | $0.30 | $0.29 | $0.29 | $0.31 | $0.30 | $0.31 | $0.61 | $3.58 |
| 2022 | $0.00 | $0.23 | $0.21 | $0.23 | $0.23 | $0.25 | $0.25 | $0.25 | $0.26 | $0.28 | $0.29 | $0.56 | $3.05 |
| 2021 | $0.00 | $0.25 | $0.21 | $0.24 | $0.23 | $0.22 | $0.21 | $0.18 | $0.21 | $0.20 | $0.21 | $1.35 | $3.50 |
| 2020 | $0.00 | $0.25 | $0.23 | $0.25 | $0.22 | $0.22 | $0.25 | $0.26 | $0.29 | $0.26 | $0.27 | $0.54 | $3.03 |
| 2019 | $0.00 | $0.39 | $0.30 | $0.39 | $0.28 | $0.29 | $0.38 | $0.42 | $0.33 | $0.35 | $0.26 | $0.48 | $3.86 |
| 2018 | $0.31 | $0.47 | $0.46 | $0.43 | $0.88 | $2.56 |
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 FlexShares High Yield Value-Scored US Bond Index Fund. 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 FlexShares High Yield Value-Scored US Bond Index Fund was 23.47%, occurring on Mar 23, 2020. Recovery took 114 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.47% | Feb 21, 2020 | 22 | Mar 23, 2020 | 114 | Sep 2, 2020 | 136 |
| -17.12% | Dec 28, 2021 | 189 | Sep 27, 2022 | 410 | May 15, 2024 | 599 |
| -7.91% | Oct 3, 2018 | 57 | Dec 24, 2018 | 42 | Feb 26, 2019 | 99 |
| -2.46% | Sep 3, 2020 | 16 | Sep 25, 2020 | 11 | Oct 12, 2020 | 27 |
| -2.33% | Nov 8, 2021 | 16 | Nov 30, 2021 | 13 | Dec 17, 2021 | 29 |
Volatility
Volatility Chart
The current FlexShares High Yield Value-Scored US Bond Index Fund volatility is 1.03%, 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.