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1D
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3M
6M
YTD
1Y
2Y
5Y
ALL
AUM
$444433350
P/E ratio
--
Dividend yield
5.7951%
Expense ratio
0.52%
Beta
0.291527
Previous close
$86.38
Today's open
$86.38
Day's range
$86.11 - $86.39
52 week range
$78.23 - $87.69
Bonds
Domestic
95.35%
2.83%
HYGH: Unappealing In Stable Or Decreasing Rates
iShares Interest Rate Hedged High Yield Bond ETF offers a high yield with an effective interest rate hedge, outperforming peers in total return and risk metrics. HYGH's portfolio is primarily HYG, with interest rate swaps reducing effective duration to near zero. The fund's hedging strategy excelled during periods of rising rates, but chronic value erosion in junk bonds remains a concern.
Seeking Alpha • Sep 29, 2025

HYGH: 3 Reasons To Avoid This ETF
HYGH's high expense ratio is a major drawback, especially compared to cheaper high yield ETFs like SPHY and USHY. High yield bond spreads are currently tight relative to historical norms. Fed rate cuts are likely to benefit high yield ETFs which have moderate interest rate exposure.
Seeking Alpha • Jul 9, 2025

Fed Cuts Rates by 0.25%, Signals Fewer Cuts: ETFs to Play
The Fed slashes rates by 25 basis points, as expected but provides a somewhat hawkish guidance.
Zacks Investment Research • Dec 19, 2024

End Of 2024 Trending Exchange-Traded Funds
I updated my universe of exchange-traded funds to track based on superior long-term performance. Nearly 450 ETFs are ranked based on short-term monthly returns, exponential moving average, and money flows into funds. With valuations and concentrations high, I select twenty trending ETFs Lipper Categories with less risk of correction in 2025 for further analysis.
Seeking Alpha • Dec 16, 2024

HYGH: Best ETF In Its Category, Yet Unconvincing
iShares Interest Rate Hedged High Yield Bond ETF invests in high-yield bonds while using derivatives to hedge interest rate variations. HYGH underperformed the non-hedged underlying index when rates were staying in a range, then it outperformed when they surged. HYGH is the largest, most liquid and best performing “junk bond” ETF with an interest rate hedge.
Seeking Alpha • Sep 9, 2024

Undercovered Dozen ETF Edition: China, Bitcoin, Cybersecurity, Motley Fool +
This ETF Edition highlights 12 less covered exchange-traded fund ideas on Seeking Alpha from June 1st - July 15th. ETFs in our first edition include Saba Closed-End Funds, iShares 20+ Year Treasury Bond BuyWrite Strategy, Global X Russell 2000 Covered Call, Invesco S&P 500 GARP, and more. Managed futures are in focus with one ETF idea where the author writes they "offer potential for maximizing income, boosting returns, and reducing volatility in a portfolio".
Seeking Alpha • Jul 17, 2024

HYGH: 9.1% Yielding Corporate Bond ETF, Interest Rate Hedged, Solid Performance
HYGH invests in high-yield corporate bonds and hedges its interest rate risk through swaps. HYGH has a strong 9.1% dividend yield, 3.1% higher than HYG, the largest unhedged high-yield bond ETF in the market. The fund's performance track record is good, outperforming most bonds and bond sub-asset classes since inception.
Seeking Alpha • Jun 17, 2024

3 Strong, Little-Known Income ETFs
Some income ETFs offer high yields and strong value propositions, but fly under the radar of most investors. I've identified three such ETFs: RISR, HYGH and CLOZ. These offer yields in the 7% - 9% range, have outperformed since inception, and get little coverage at Seeking Alpha.
Seeking Alpha • Jun 6, 2024

HYGH: Removing Rate Risk, Keeping Credit Risk
The iShares Interest Rate Hedged High Yield Bond ETF (HYGH) offers investors exposure to high-yield corporate bonds while mitigating interest rate risk. HYGH achieves this by investing in the iShares iBoxx $ High Yield Corporate Bond ETF (HYG) and maintaining short positions in interest rate swaps.
Seeking Alpha • Apr 21, 2024

Play New Interest Rate Realities With These ETFs
Traders have dialed back their expectations for immediate Fed rate cuts, now viewing them as less likely in the near term. Investors can navigate this edgy investing backdrop with these ETFs.
Zacks Investment Research • Mar 18, 2024

¹ Disclosures

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