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IQ S&P High Yield Low Volatility Bond ETF
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- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| The IQ S&P High Yield Low Volatility Bond ETF tracks an index of USD-denominated high-yield bonds. Securities are selected by their marginal contribution of risk–price volatility due to changes in credit spreads. |
| Category | Corporate |
| Fund Sponsor | IndexIQ |
| Website | www.nylinvestments.com |
| Inception date | Feb 14, 2017 |
| Assets (mns) | $0 |
| Currency | USD |
| Expense ratio | 0 bp |
| Distributions | Monthly |
| Regulation | Open-Ended Fund |
| Custodian | |
| Weighting | Market Value |
| Index replication |
| No. of constituents | 485 |
| No of distinct issuers | 226 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 4% /96% |
| Non-standard maturity (callable, etc.) | 92% |
| TRANSDIGM, INC. 6.3% 3/15/26 | 1.0 % |
| NEW RED FINANCE, INC. 5.0% 1/15/25 | 0.7 % |
| ALLY FINANCIAL INC. 8.0% 11/01/31 | 0.7 % |
| SPRINT CORP. 7.3% 9/15/21 | 0.6 % |
| HCA, INC. 5.4% 2/01/25 | 0.6 % |
| SPRINT COMMUNICATIONS 6.0% 11/15/22 | 0.6 % |
| WESTERN DIGITAL CORPO 4.8% 2/15/26 | 0.6 % |
| NETFLIX, INC. 5.9% 11/15/28 | 0.6 % |
| FREEPORT-MCMORAN, INC 3.6% 3/01/22 | 0.6 % |
| CSC HOLDINGS, LLC 6.5% 2/01/29 | 0.6 % |
| TOTAL | 6.5 % |
|---|
| CCO HOLDINGS LLC | 2.8% |
| KRAFT HEINZ FOODS CO. | 2.7% |
| TENET HEALTHCARE CORPORATION | 2.6% |
| CENTENE CORPORATION | 2.6% |
| FORD MOTOR CREDIT COMPANY LLC | 2.4% |
 |
UNITED STATES | 83.3 % |
 |
CANADA | 4.6 % |
 |
NETHERLANDS | 1.9 % |
 |
LUXEMBOURG | 1.8 % |
 |
UNITED KINGDOM | 1.3 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| -- | -- | -- | -- | -- |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | -- | -- |
| S&P500 | -- | -- |
| MSCI EAFE | -- | -- |
| MSCI Emg. Mkts. | -- | -- |
| Recent close | $0.00 |
| 30d moving avg. | $0.00 |
| Annualized volatility | 0.0% |
| Short interest (ETF) | 0.0% |
| Relative strength (RSI) |
| Avg. volume (thou.) | 0 |
| Avg. daily value traded (mns) | $0 |
| Turnover | 0.0% |
| Bid/Ask (% of price) | 0.00 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| HYLV | 5.4 yrs | Category Avg.* |
4.6 yrs |
| HYLV | 5.3% | Category Avg.* |
4.5% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 9.57% | -12.6% | $0.00 |
| +200 bp | 8.57% | -9.1% | $0.00 |
| +150 bp | 8.07% | -7.1% | $0.00 |
| +100 bp | 7.57% | -4.9% | $0.00 |
| +75 bp | 7.32% | -3.8% | $0.00 |
| +50 bp | 7.07% | -2.6% | $0.00 |
| +25 bp | 6.82% | -1.3% | $0.00 |
| 0 bp | 6.57% | 0% | $0.00 |
| -25 bp | 6.32% | 1.3% | $0.00 |
| -50 bp | 6.07% | 2.7% | $0.00 |
| -75 bp | 5.82% | 4.2% | $0.00 |
| -100 bp | 5.57% | 5.6% | $0.00 |
| -150 bp | 5.07% | 8.7% | $0.00 |
| -200 bp | 4.57% | 12.0% | $0.00 |
| -300 bp | 3.57% | 19.1% | $0.00 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
657 | bp |
| Less: Annual "default factor" |
212 | bp |
| Less: Expense ratio | 0 | bp |
| Equals: ALTAR Score | 0.00 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.2% |
| Corporate | 4.0% |
| Emerging Market | 5.9% |
| Government | 7.1% |
| Inflation Protected | 2.7% |
| Mortgage | 5.1% |
| Municipals | 3.3% |
| *Note: The IQ S&P High Yield Low Volatility Bond ETF is classified as a Corporate fund. | |