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ETFs

iShares US & Intl High Yield Corp Bond ETF

GHYG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 03 2012
Expense Ratio
0.40%
Type
Global Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$1,311,101
AUM
$150,191,830
Associated Index
Markit iBoxx Global Developed Markets High Yield Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
BLK CSH FND TREASURY SL AGENCY
0.88%
n/a
MOZART DEBT MERGER SUB INC 144A
0.29%
n/a
EUR CASH
0.29%
n/a
Transdigm Inc 6.25 % Notes 2019-15.03.26 Secd -144A-
0.28%
SLH5479266
PICARD MIDCO INC 144A
0.27%
AAL5147590
AADVANTAGE LOYALTY IP LTD 144A
0.27%
DISH5500551
DISH NETWORK CORP
0.27%
T5226549
DIRECTV FINANCING LLC 144A
0.25%
CHTR4445834
CCO HOLDINGS LLC 144A
0.24%
F/25
Ford Motor Credit Company LLC - 5.125% NT REDEEM 16/06/2025 USD 200000
0.24%
Invest with GHYG

What is GHYG?

The iShares US & Intl High Yield Corp Bond ETF seeks to track the investment results of an index composed of U.S. dollar, euro, British pound sterling and Canadian dollar-denominated, high yield corporate bonds. Exposure to local currency-denominated high yield corporate bonds issued by companies from around the world.

ETFs related toGHYG

ETFs correlated to GHYG include HYG, UJB, JNK

GHYG
BlackRock Institutional Trust Company N.A. - iShares US & Intl High Yield Corp Bond ETF
HYG
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD High Yield Corporate Bond ETF
UJB
ProShares Trust - ProShares Ultra High Yield 2x Shares
JNK
SPDR Series Trust - SPDR Bloomberg High Yield Bond ETF
HYLB
DBX ETF Trust - Xtrackers USD High Yield Corporate Bond ETF
BBHY
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders USD High Yield Corporate Bond ETF
WFHY
WisdomTree Trust - WisdomTree U.S. High Yield Corporate Bond Fund
BKHY
BNY Mellon ETF Trust - BNY Mellon High Yield Beta ETF
FDHY
Fidelity Covington Trust - Fidelity High Yield Factor ETF
HYDW
DBX ETF Trust - Xtrackers Low Beta High Yield Bond ETF
USHY
BlackRock Institutional Trust Company N.A. - iShares Broad USD High Yield Corporate Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toGHYG

#INC

Dynamic Income

Category

Composer's Picks

Risk Rating

Moderate

#DRAGON

Dragon Portfolio

Category

Go Global

Risk Rating

Aggressive

Create your own algorithmic trading strategy with GHYG using Composer

FAQ

GHYG is a Global Bonds ETF. The iShares US & Intl High Yield Corp Bond ETF seeks to track the investment results of an index composed of U.S. dollar, euro, British pound sterling and Canadian dollar-denominated, high yield corporate bonds. Exposure to local currency-denominated high yield corporate bonds issued by companies from around the world.

GHYG tracks the Markit iBoxx Global Developed Markets High Yield Index.

No, GHYG is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, GHYG is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on GHYG is -0.0036%. This is the percent change in the value of GHYG over the most recent 1-month period. The 3-month return on GHYG is 0.0082%. This is the percent change in the value of GHYG over the most recent 3-month period.

The standard deviation of GHYG for the past year is 0.126%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to GHYG include VCSH, SPIB, and IGIB.

ETFs correlated to GHYG include HYG, UJB, and JNK.

ETFs that are inversely correlated to GHYG include SJB, EFZ, and EPV.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.