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iShares 0-5 Year High Yield Corporate Bond ETF
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- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| iShares 0-5 Year High Yield Corporate Bond ETF is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the performance of the Markit iBoxx USD Liquid High Yield 0-5 Index. |
| Category | Corporate |
| Fund Sponsor | iShares/USA |
| Website | www.ishares.com |
| Inception date | Oct 15, 2013 |
| Assets (mns) | $5,439 |
| Currency | USD |
| Expense ratio | 30 bp |
| Distributions | Monthly |
| Regulation | Open-End Investment Company |
| Custodian | |
| Weighting | Market Cap |
| Index replication | Optimized |
| No. of constituents | |
| No of distinct issuers | |
| Inflation protected | 0% |
| Variable/Fixed coupon | 100% /0% |
| Non-standard maturity (callable, etc.) | 100% |
| SPRINT CORP. 7.9% 9/15/23 | 1.0 % |
| COMMUNITY HEALTH SYST 6.3% 3/31/23 | 0.6 % |
| TENET HEALTHCARE CORP 8.1% 4/01/22 | 0.6 % |
| TEVA PHARMACEUTICAL F 2.2% 7/21/21 | 0.6 % |
| TEVA PHARMACEUTICAL F 2.8% 7/21/23 | 0.5 % |
| REYNOLDS GROUP ISSUER 5.8% 1/15/20 | 0.5 % |
| CLEAR CHANNEL WORLDWI 9.3% 2/15/24 | 0.5 % |
| 0.0% /00/00 | 0.5 % |
| SPRINT COMMUNICATIONS 6.0% 11/15/22 | 0.5 % |
| NIELSEN FINANCE LLC 5.0% 4/15/22 | 0.5 % |
| TOTAL | 5.9 % |
|---|
| FORD MOTOR CREDIT COMPANY LLC | 3.0% |
| AMERICAN AIRLINES, INC. | 1.2% |
| TEVA PHARMACEUTICAL FINANCE NETHER... | 1.2% |
| CCO HOLDINGS LLC | 1.0% |
| COLT MERGER SUB, INC. | 0.9% |
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UNITED STATES | 77.8 % |
 |
CANADA | 5.0 % |
 |
UNITED KINGDOM | 2.3 % |
 |
NETHERLANDS | 1.9 % |
 |
IRELAND | 1.6 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 1.9% | 10.2% | 4.0% | 3.8% | 3.9% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.68 | 57% |
| S&P500 | 0.31 | 71% |
| MSCI EAFE | 0.32 | 73% |
| MSCI Emg. Mkts. | 0.23 | 38% |
| Recent close | $41.96 |
| 30d moving avg. | $41.53 |
| Annualized volatility | 6.5% |
| Short interest (ETF) | 0.3% |
| Relative strength (RSI) | 70 |
| Avg. volume (thou.) | 1,575 |
| Avg. daily value traded (mns) | $66 |
| Turnover | 1.2% |
| Bid/Ask (% of price) | 0.02 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| SHYG | 2.9 yrs | Category Avg.* |
4.6 yrs |
| SHYG | 2.7% | Category Avg.* |
4.5% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 11.13% | -11.8% | $37.02 |
| +200 bp | 10.13% | -7.1% | $39.00 |
| +150 bp | 9.63% | -5.0% | $39.86 |
| +100 bp | 9.13% | -3.1% | $40.64 |
| +75 bp | 8.88% | -2.3% | $41.00 |
| +50 bp | 8.63% | -1.5% | $41.34 |
| +25 bp | 8.38% | -0.7% | $41.66 |
| 0 bp | 8.13% | 0% | $41.96 |
| -25 bp | 7.88% | 0.7% | $42.24 |
| -50 bp | 7.63% | 1.3% | $42.49 |
| -75 bp | 7.38% | 1.8% | $42.73 |
| -100 bp | 7.13% | 2.4% | $42.95 |
| -150 bp | 6.63% | 3.2% | $43.32 |
| -200 bp | 6.13% | 3.9% | $43.60 |
| -300 bp | 5.13% | 4.7% | $43.93 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
813 | bp |
| Less: Annual "default factor" |
354 | bp |
| Less: Expense ratio | 30 | bp |
| Equals: ALTAR Score | 4.29 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.6% |
| Corporate | 4.5% |
| Emerging Market | 6.3% |
| Government | 4.7% |
| Inflation Protected | 3.0% |
| Mortgage | 5.3% |
| Municipals | 3.4% |
| *Note: The iShares 0-5 Year High Yield Corporate Bond ETF is classified as a Corporate fund. | |