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Upturn AI SWOT - About
iShares Interest Rate Hedged High Yield Bond ETF (HYGH)
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Upturn Advisory Summary
10/01/2025: HYGH (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 15.87% | Avg. Invested days 98 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/01/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.36 | 52 Weeks Range 76.54 - 86.43 | Updated Date 06/29/2025 |
52 Weeks Range 76.54 - 86.43 | Updated Date 06/29/2025 |
Upturn AI SWOT
iShares Interest Rate Hedged High Yield Bond ETF
ETF Overview
Overview
The iShares Interest Rate Hedged High Yield Bond ETF (HYGH) seeks to provide high current income by investing in a portfolio of high-yield corporate bonds while mitigating interest rate risk through the use of interest rate swaps.
Reputation and Reliability
BlackRock, the issuer of iShares ETFs, is one of the world's largest asset managers with a strong reputation for reliability and innovation.
Management Expertise
BlackRock has a dedicated team of portfolio managers and analysts with extensive experience in fixed income and derivative strategies.
Investment Objective
Goal
To track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds with interest rate risk hedged.
Investment Approach and Strategy
Strategy: The ETF employs a representative sampling strategy, meaning it may not hold all of the securities in the underlying index but aims to track its performance closely. It uses interest rate swaps to hedge against fluctuations in interest rates.
Composition The ETF primarily holds U.S. dollar-denominated high yield corporate bonds and uses interest rate swaps to mitigate interest rate risk.
Market Position
Market Share: The market share of HYGH within the interest rate hedged high yield bond ETF sector is limited due to fewer competitor ETFs.
Total Net Assets (AUM): 48770000
Competitors
Key Competitors
- ProShares High Yield Interest Rate Hedged ETF (HYHG)
Competitive Landscape
The competitive landscape is relatively concentrated with few players. HYGH aims to differentiate itself by offering interest rate hedging. HYHG aims to do the same with slightly different holdings and a more actively managed approach.
Financial Performance
Historical Performance: Historical performance data is readily available on the iShares website and financial data providers.
Benchmark Comparison: The ETF's performance can be compared to the performance of its underlying index, as well as broad high-yield bond benchmarks.
Expense Ratio: 0.5
Liquidity
Average Trading Volume
HYGH has a moderate average daily trading volume, implying reasonable liquidity.
Bid-Ask Spread
The bid-ask spread for HYGH is generally moderate, reflecting the liquidity of the underlying assets.
Market Dynamics
Market Environment Factors
Economic growth, interest rate movements, credit spreads, and overall market sentiment influence the ETF's performance.
Growth Trajectory
The growth trajectory depends on investor demand for high yield bond exposure and interest rate hedging.
Moat and Competitive Advantages
Competitive Edge
HYGH's competitive advantage lies in its combination of high yield bond exposure with interest rate hedging. This can be attractive to investors seeking high income while mitigating interest rate risk. The ETF benefits from BlackRock's reputation and experience in managing fixed income and derivative portfolios. However, other ETFs offer similar solutions which lowers the competitive moat.
Risk Analysis
Volatility
HYGH's volatility is influenced by the volatility of high yield bonds and the effectiveness of the interest rate hedging strategy.
Market Risk
The primary market risks include credit risk associated with high yield bonds and the risk that the interest rate hedging strategy may not perfectly offset interest rate movements.
Investor Profile
Ideal Investor Profile
The ideal investor is one seeking high current income from high yield bonds but is also concerned about the potential negative impact of rising interest rates.
Market Risk
HYGH is more suited for investors who tolerate moderate risk and have a longer-term investment horizon.
Summary
The iShares Interest Rate Hedged High Yield Bond ETF (HYGH) offers investors exposure to high-yield corporate bonds with a strategy to mitigate interest rate risk. It is managed by BlackRock, a well-known and reputable asset manager. The ETF is suitable for investors seeking income and protection from rising rates. Its performance is influenced by credit spreads, interest rates, and the effectiveness of its hedging strategy. While the fund provides some hedge, it is not a risk-free investment.
Peer Comparison
Sources and Disclaimers
Data Sources:
- iShares website
- Bloomberg
- Morningstar
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About iShares Interest Rate Hedged High Yield Bond ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund seeks to track the investment results of the underlying index, which is designed to minimize the interest-rate risk of a portfolio composed of U.S. dollar-denominated, high yield corporate bonds, represented in the underlying index by the underlying fund. It invests at least 80% of its net assets in component securities and instruments in the fund"s underlying index.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.