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ETFs

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

HYS
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jun 16, 2011
Expense Ratio
0.55%
Type
US Bonds
Fund Owner
PIMCO
Volume (1m avg. daily)
$9,674,424
AUM
$1,160,270,519
Associated Index
ICE BofA 0-5 Year US High Yield Constrained Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

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US DOLLAR
3.68%
—
PARIBAS REPO
3.3%
—
US TREASURY N/B 06/25 4.625
1.69%
—
US TREASURY N/B 05/28 3.625
1.23%
—
CCWFSZUS2 WELLS FARGO CCPC COC CCWFSZUS2 WELLS FARGO CCPC CO
0.81%
AAL5147590
AMERICAN AIRLINES/AADVAN SR SECURED 144A 04/26 5.5
0.67%
T5226549
DIRECTV FIN LLC/COINC SR SECURED 144A 08/27 5.875
0.66%
CCL5129977
CARNIVAL CORP COMPANY GUAR 144A 03/27 5.75
0.64%
—
Transdigm Inc 6.25 % Notes 2019-15.03.26 Secd -144A-
0.58%
DISH5500551
DISH NETWORK CORP SR SECURED 144A 11/27 11.75
0.58%
Invest with HYS
Trade HYS Options

What is HYS?

The Fund seeks to provide total return that closely corresponds,before fees and expenses, to the total return of ICE BofA 0-5 Year US High Yield Constrained Index. It tracks the performance of short-term U.S. dollar denominated below investment grade corporate debt issued in the U.S. domestic market with less than five years remaining term to final maturity, a fixed coupon schedule and a minimum amount outstanding of $100 million, issued publicly.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

HYS
Performance Measures**

for the time period Jun 17, 2011 to Dec 4, 2025

Returns

1M Trailing Return: 1.2%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 1.5%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -20.9%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 6.3%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.83

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.24

The annualized return divided by the max drawdown for the selected time period.

ETFs related toHYS

ETFs correlated to HYS include SHYG, JNK, USHY

HYS
Pimco Exchange Traded Fund - PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
SHYG
BlackRock Institutional Trust Company N.A. - iShares 0-5 Year High Yield Corporate Bond ETF
JNK
SPDR Series Trust - SPDR Bloomberg High Yield Bond ETF
USHY
BlackRock Institutional Trust Company N.A. - iShares Broad USD High Yield Corporate Bond ETF
HYG
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD High Yield Corporate Bond ETF
SJNK
SPDR Series Trust - SPDR Bloomberg Short Term High Yield Bond ETF
HYDB
BlackRock Institutional Trust Company N.A. - iShares High Yield Bond Factor ETF
HYLB
DBX ETF Trust - Xtrackers USD High Yield Corporate Bond ETF
HYGV
FlexShares Trust - FlexShares High Yield Value Scored Bond Index ETF
BBHY
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders USD High Yield Corporate Bond ETF
HYBB
iShares Trust - iShares BB Rated 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.

Trading Strategies
Related toHYS

IRA

Category

Global macro, Long/short, Volatility timing, Currencies, Commodities, Crypto, Tech tilt, Leveraged ETFs, Risk-on/risk-off

OOS Cumulative Return

3.74%

Create your own algorithmic trading strategy with HYS using Composer

FAQ

HYS is a US Bonds ETF. The Fund seeks to provide total return that closely corresponds,before fees and expenses, to the total return of ICE BofA 0-5 Year US High Yield Constrained Index. It tracks the performance of short-term U.S. dollar denominated below investment grade corporate debt issued in the U.S. domestic market with less than five years remaining term to final maturity, a fixed coupon schedule and a minimum amount outstanding of $100 million, issued publicly.

HYS tracks the ICE BofA 0-5 Year US High Yield Constrained Index.

No, HYS 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, HYS 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 HYS is 0.0025%. This is the percent change in the value of HYS over the most recent 1-month period. The 3-month return on HYS is 0.0108%. This is the percent change in the value of HYS over the most recent 3-month period.

The standard deviation of HYS for the past year is 0.0761%. 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 HYS include IGSB, SPIB, and VCIT.

ETFs correlated to HYS include SHYG, JNK, and USHY.

ETFs that are inversely correlated to HYS include SJB, SPXU, and HIBS.

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.