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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) | $6,054 |
| 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. |
| 7.1% | 13.4% | 4.5% | 4.3% | 4.1% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.67 | 59% |
| S&P500 | 0.33 | 77% |
| MSCI EAFE | 0.32 | 73% |
| MSCI Emg. Mkts. | 0.24 | 40% |
| Recent close | $43.07 |
| 30d moving avg. | $43.06 |
| Annualized volatility | 6.6% |
| Short interest (ETF) | 0.3% |
| Relative strength (RSI) | 57 |
| Avg. volume (thou.) | 984 |
| Avg. daily value traded (mns) | $42 |
| Turnover | 0.7% |
| 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 | 10.02% | -11.8% | $38.00 |
| +200 bp | 9.02% | -7.1% | $40.03 |
| +150 bp | 8.52% | -5.0% | $40.92 |
| +100 bp | 8.02% | -3.1% | $41.72 |
| +75 bp | 7.77% | -2.3% | $42.09 |
| +50 bp | 7.52% | -1.5% | $42.44 |
| +25 bp | 7.27% | -0.7% | $42.76 |
| 0 bp | 7.02% | 0% | $43.07 |
| -25 bp | 6.77% | 0.7% | $43.35 |
| -50 bp | 6.52% | 1.3% | $43.62 |
| -75 bp | 6.27% | 1.8% | $43.86 |
| -100 bp | 6.02% | 2.4% | $44.08 |
| -150 bp | 5.52% | 3.2% | $44.46 |
| -200 bp | 5.02% | 3.9% | $44.76 |
| -300 bp | 4.02% | 4.7% | $45.09 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
702 | bp |
| Less: Annual "default factor" |
354 | bp |
| Less: Expense ratio | 30 | bp |
| Equals: ALTAR Score | 3.18 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.2% |
| Corporate | 4.0% |
| Emerging Market | 5.9% |
| Government | 7.1% |
| Inflation Protected | 2.7% |
| Mortgage | 5.0% |
| Municipals | 3.2% |
| *Note: The iShares 0-5 Year High Yield Corporate Bond ETF is classified as a Corporate fund. | |