|
iShares 0-5 Year High Yield Corporate Bond ETF
|
|||||||||||||||||
- 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) | $6,255 |
| 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% |
| 0.0% // | 0.8 % |
| 0.0% // | 0.7 % |
| 0.0% // | 0.5 % |
| 0.0% // | 0.5 % |
| 0.0% // | 0.5 % |
| 0.0% // | 0.5 % |
| 0.0% // | 0.5 % |
| 0.0% // | 0.4 % |
| 0.0% // | 0.4 % |
| 0.0% // | 0.4 % |
| TOTAL | 5.2 % |
|---|
| 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% |
 |
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. |
| 0.8% | 5.4% | 5.4% | 4.0% | 3.9% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.66 | 56% |
| S&P500 | 0.34 | 77% |
| MSCI EAFE | 0.30 | 64% |
| MSCI Emg. Mkts. | 0.21 | 32% |
| Recent close | $42.50 |
| 30d moving avg. | $42.34 |
| Annualized volatility | 6.5% |
| Short interest (ETF) | 1.2% |
| Relative strength (RSI) | 55 |
| Avg. volume (thou.) | 1,241 |
| Avg. daily value traded (mns) | $53 |
| Turnover | 0.8% |
| 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 | 10.39% | -11.8% | $37.50 |
| +200 bp | 9.39% | -7.1% | $39.50 |
| +150 bp | 8.89% | -5.0% | $40.37 |
| +100 bp | 8.39% | -3.1% | $41.17 |
| +75 bp | 8.14% | -2.3% | $41.53 |
| +50 bp | 7.89% | -1.5% | $41.88 |
| +25 bp | 7.64% | -0.7% | $42.20 |
| 0 bp | 7.39% | 0% | $42.50 |
| -25 bp | 7.14% | 0.7% | $42.78 |
| -50 bp | 6.89% | 1.3% | $43.04 |
| -75 bp | 6.64% | 1.8% | $43.28 |
| -100 bp | 6.39% | 2.4% | $43.50 |
| -150 bp | 5.89% | 3.2% | $43.87 |
| -200 bp | 5.39% | 3.9% | $44.16 |
| -300 bp | 4.39% | 4.7% | $44.50 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
739 | bp |
| Less: Annual "default factor" |
354 | bp |
| Less: Expense ratio | 30 | bp |
| Equals: ALTAR Score | 3.55 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.1% |
| Corporate | 4.0% |
| Emerging Market | 5.9% |
| Government | 7.1% |
| Inflation Protected | 2.3% |
| Mortgage | 4.9% |
| Municipals | 3.5% |
| *Note: The iShares 0-5 Year High Yield Corporate Bond ETF is classified as a Corporate fund. | |