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1D
1W
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YTD
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2Y
5Y
ALL
AUM
$1.65B
P/E ratio
--
Dividend yield
6.988%
Expense ratio
0.35%
Beta
0.399863
Previous close
$47.38
Today's open
$47.37
Day's range
$47.27 - $47.37
52 week range
$44.04 - $47.99
show more
Headquarters
US
Exchange
CBOE Global Markets BZX
Issue type
Exchange-Traded Fund
Bonds
Domestic
0.98%
HYDB: High-Yield Bond ETF With Superior Risk-Adjusted Return
iShares High Yield Systematic Bond ETF invests in high-yield bonds with a strategy aiming to reduce the probability and impact of defaults. HYDB has a low-risk profile in its category, based on credit rating, maturity, duration, and diversification. HYDB has outperformed the benchmark HYG since inception and shows a superior Sharpe ratio compared to competitors.
Seeking Alpha • Sep 22, 2025

HYDB: Unique High-Yield Corporate Bond ETF, Strong, Proven Investment Strategy
Credit spreads have widened, making high-yield corporate bond funds much more attractive to investors. High-yield corporate bond ETFs offer a simple, cheap way to get exposure to these securities. HYDB is one such ETF, with a solid investment strategy: focusing on bonds with wide spreads, compelling risk-return yields. It yields 7.0%.
Seeking Alpha • Jun 30, 2025

Five Strong High-Yield Corporate Bond ETFs
High-yield corporate bond ETFs provide investors with strong yields, albeit somewhat elevated credit risk. There are lots of high-yield bond ETFs available to investors. Some with higher yields, some with better performance track-records, some focusing on more niche areas of the market. A quick overview of five of these follows. ETFs include simple, cheap vanilla ETFs, smart beta ETFs, and those targeting niche, best-performing bonds.
Seeking Alpha • Jun 29, 2025

HYDB: Picking The Best Of The Junk
iShares High Yield Systematic Bond ETF (HYDB) is a junk bond ETF with a rules-based strategy aiming to mitigate risk. HYDB is well-diversified across sectors and issuers, with a focus on higher credit quality and maturities inferior to 5 years. HYDB shows superior risk-adjusted performance compared to other high-yield bond ETFs.
Seeking Alpha • Jan 13, 2025

HYDB: Strong High-Yield Bond ETF, Solid Strategy, Above-Average 6.9% Dividend Yield And Performance
HYDB focuses on high-yield corporate bonds with higher quality and wider spreads. This results in an above-average 6.9% dividend yield, and consistent outperformance to peers. HYDB's strategy has worked in the past and will, I believe, continue to work in the future, making the fund a solid investment opportunity.
Seeking Alpha • Sep 15, 2024

HYDB: Risk-Free Rates Down, But Spreads Up
iShares High Yield Systematic Bond ETF pursues fixed income investments in junkier markets. Recent market conditions have increased credit spreads. The ETF consists mostly of BB or B rated instruments, with recent rise in credit spreads offsetting benefits from lower prevailing rates associated to recession chatter. The negative correlation between spreads and risk-free rates limits the appeal of high-yield credit in the current market.
Seeking Alpha • Aug 7, 2024

This Week in ETFs: Closures Outnumber New ETFs
Although 14 new ETFs debuted in the U.S. this past week, closure announcements came in even stronger, largely due to Global X pruning its lineup. Launches during the week included funds from BondBloxx, WisdomTree, Innovator, JPMorgan, and Range ETFs.
ETF Trends • Jan 26, 2024

This Week in ETFs: VictoryShares Adds Small-Cap FCF Fund
The last full week of the year was a busy one, with 18 new ETFs launching. Among the rolled-out funds were offerings from Texas Capital, PlanRock, PGIM, John Hancock, SP Funds, Bancreek, KB Asset Management, ProShares, and WisdomTree.
ETF Trends • Dec 22, 2023

HYDB: If You Want Better Junk, This Is It
The iShares High Yield Bond Factor ETF seeks to outperform the broader high-yield corporate bond market by focusing on quality and value factors. HYDB has performed well compared to other high-yield bond ETFs like HYG and JNK, highlighting the potential benefits of its factor-based investment strategy. Investing in HYDB offers advantages such as superior risk-adjusted returns, a lower expense ratio, and monthly dividend distributions, but it also carries credit risk, interest rate risk, and liquidity risk.
Seeking Alpha • Nov 16, 2023

HYDB: 8.6% Yield From A Defensive High Yield Fund
HYDB is an exchange-traded fund that aims to provide enhanced risk-adjusted returns relative to the comparable capitalization-weighted Indices for the U.S. high yield corporate bond market. The fund aims to track the BlackRock High Yield Defensive Bond Index, which uses a set of analytical tools to screen the HY bond universe for outperformers. These tools are designed to identify undervalued bonds that have better risk/reward metrics.
Seeking Alpha • Jun 21, 2023

¹ Disclosures

Open an M1 investment account to buy and sell iShares Edge High Yield Defensive Bond ETF commission-free¹. Build wealth for the long term using automated trading and transfers.