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 |
| Index Tracked | Northern Trust High Yield Value-Scored US Corporate Bond Index |
| Asset Class | Bond |
Expense Ratio
The FlexShares High Yield Value-Scored US Bond Index Fund has a high expense ratio of 0.37%, indicating higher-than-average management fees.
Share Price Chart
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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 -0.06% year-to-date (YTD) and 7.86% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -0.06% | 5.29% |
| 1 month | -1.67% | -2.47% |
| 6 months | 8.05% | 16.40% |
| 1 year | 7.86% | 20.88% |
| 5 years (annualized) | 3.61% | 11.60% |
| 10 years (annualized) | N/A | 10.43% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.39% | 0.57% | 1.09% | |||||||||
| 2023 | -1.33% | -1.67% | 4.29% | 3.35% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
FlexShares High Yield Value-Scored US Bond Index Fund(HYGV)
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 granted a 8.99% dividend yield in the last twelve months. The annual payout for that period amounted to $3.59 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $3.59 | $3.58 | $3.05 | $3.50 | $3.03 | $3.86 | $2.56 |
Dividend yield | 8.99% | 8.77% | 7.64% | 7.15% | 6.18% | 7.94% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.31 | $0.28 | |||||||||
| 2023 | $0.00 | $0.31 | $0.27 | $0.31 | $0.29 | $0.30 | $0.29 | $0.29 | $0.31 | $0.30 | $0.31 | $0.60 |
| 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 |
| 2021 | $0.00 | $0.25 | $0.21 | $0.24 | $0.23 | $0.22 | $0.20 | $0.18 | $0.21 | $0.20 | $0.21 | $1.35 |
| 2020 | $0.00 | $0.25 | $0.23 | $0.24 | $0.22 | $0.22 | $0.25 | $0.26 | $0.29 | $0.26 | $0.27 | $0.54 |
| 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 |
| 2018 | $0.31 | $0.47 | $0.46 | $0.43 | $0.88 |
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 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.
The current FlexShares High Yield Value-Scored US Bond Index Fund drawdown is 2.41%.
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 | — | — | — |
| -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 1.48%, 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.