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ETFs

VanEck International High Yield Bond ETF

IHY
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 02 2012
Expense Ratio
0.40%
Type
Global Ex. US Bonds
Fund Owner
Van Eck Associates Corporation
Volume (1m avg. daily)
$192,742
AUM
$51,064,000
Associated Index
ICE BofA Merrill Lynch Global ex-US Issuers High Yield Constrained Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
Industrial & Commercial Bank of China Ltd. - FXDFR BD UNDATED USD 200000 - 238342171
0.92%
n/a
0.55%
n/a
BELLIS ACQUISITION CO PL
0.42%
n/a
Lamar Funding Ltd. - 3.958% NT REDEEM 07/05/2025 USD 200000 - Reg S
0.42%
n/a
Bank of East Asia Ltd. - FXDFR CS UNDATED USD 250000 - Ser 140
0.42%
n/a
Vodafone Group plc - FXDFR CS REDEEM 03/10/2078 USD 200000
0.41%
n/a
Unicredit Spa - FXDFR NT REDEEM 23/09/2029 EUR 200000
0.40%
n/a
ALLWYN INTERNATIONAL AS
0.40%
n/a
DP WORLD SALAAM
0.40%
n/a
BAYER AG
0.39%
Invest with IHY

What is IHY?

VanEck International High Yield Bond ETF (IHY) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of ICE BofA Merrill Lynch Global ex-US Issuers High Yield Constrained Index (HXUS).The Index is comprised of below investment-grade debt issued by corporations located throughout the world (which may include emerging market countries) excluding the United States, denominated in Euros, U.S. dollars, Canadian dollars or pound sterling issued in the major domestic or Eurobond markets

ETFs related toIHY

ETFs correlated to IHY include GHYG, SCHC, SCZ

IHY
VanEck ETF Trust - VanEck International High Yield Bond ETF
GHYG
BlackRock Institutional Trust Company N.A. - iShares US & Intl High Yield Corp Bond ETF
SCHC
Schwab Strategic Trust - Schwab International Small-Cap Equity ETF
SCZ
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Small-Cap ETF
DFIS
Dimensional ETF Trust - Dimensional International Small Cap ETF
VSS
Vanguard Group, Inc. - Vanguard FTSE All-World Ex-US Small Capital Index Fund ETF
FNDC
Schwab Strategic Trust - Schwab Fundamental International Small Company Index ETF
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US ETF
DMXF
iShares Trust - iShares ESG Advanced MSCI EAFE ETF
JPIN
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return International Equity ETF
IEFA
BlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE 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 toIHY

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with IHY using Composer

FAQ

IHY is a Global Ex. US Bonds ETF. VanEck International High Yield Bond ETF (IHY) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of ICE BofA Merrill Lynch Global ex-US Issuers High Yield Constrained Index (HXUS).The Index is comprised of below investment-grade debt issued by corporations located throughout the world (which may include emerging market countries) excluding the United States, denominated in Euros, U.S. dollars, Canadian dollars or pound sterling issued in the major domestic or Eurobond markets

IHY tracks the ICE BofA Merrill Lynch Global ex-US Issuers High Yield Constrained Index.

No, IHY 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, IHY 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 IHY is -0.0084%. This is the percent change in the value of IHY over the most recent 1-month period. The 3-month return on IHY is -0.002%. This is the percent change in the value of IHY over the most recent 3-month period.

The standard deviation of IHY for the past year is 0.1134%. 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 IHY include IGIB, LQD, and IGSB.

ETFs correlated to IHY include GHYG, SCHC, and SCZ.

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

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.