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AUM
$1.18B
P/E ratio
--
Dividend yield
6.8772%
Expense ratio
0.37%
Beta
0.436282
Previous close
$40.83
Today's open
$40.81
Day's range
$40.72 - $40.81
52 week range
$38.01 - $41.32
Bonds
Domestic
Is FlexShares High Yield Value-Scored Bond ETF (HYGV) a Strong ETF Right Now?
Designed to provide broad exposure to the High-Yield/Junk Bond ETFs category of the market, the FlexShares High Yield Value-Scored Bond ETF (HYGV) is a smart beta exchange traded fund launched on 07/17/2018.
Zacks Investment Research • Oct 21, 2025

HYGV: Junk Bond ETF Beating The Benchmark, But Lagging Some Competitors
FlexShares High Yield Value-Scored Bond Index Fund offers a 7% yield from high-yield bonds, focusing on industrials. HYGV has outperformed inflation and a junk bond benchmark in total return but shows capital erosion and stagnation in distribution. Among competitors, HYDB executes a different fundamentals-based strategy, showing a higher return and lower volatility.
Seeking Alpha • Sep 28, 2025

HYGV: Beating Other Junk Bond ETFs, But Lagging Fallen Angels
FlexShares High Yield Value-Scored Bond Index Fund (HYGV) is a junk bond ETF focused on fundamentals and risk management. HYGV is overweight in debt of U.S. industrial companies. Despite a high distribution rate, HYGV's dividend growth has not kept pace with inflation, and the share price points to a steep decay in value.
Seeking Alpha • Sep 10, 2024

HYGV: A Filtered High-Yield Approach That Works
Investing in high-yield bonds is becoming tricky, as credit spreads are near cycle lows and the market looks complacent. The FlexShares® High Yield Value-Scored Bond Index Fund ETF offers a means to tap into the high-yield bond market while emphasizing value and quality issuers. The fund's diversified portfolio, value-scoring approach, and focus on liquidity set it apart from traditional market-capitalization-weighted indices.
Seeking Alpha • May 16, 2024

HYGV Is One Of The Highest-Yielding Bond ETFs With An 8.8% Yield
HYGV is one of the highest-yielding bond ETFs in the market, with an 8.8% dividend yield. Its total returns are above average too, and without any significant increase to risk or volatility. Fundamentals have somewhat improved in the recent past, with higher returns and strong dividend growth.
Seeking Alpha • Feb 27, 2024

Higher-Yield ETFs By Asset Class
ETFs offer investors diversified exposure to different asset classes, including U.S. and international equities, fixed-rate and variable rate bonds. Within each market sub-segment some ETFs offer particularly compelling yields. A short, curated overview of some of these ETFs follows. Yields range from 5% - 10%.
Seeking Alpha • Feb 14, 2024

HYGV: Opportunistic Exposure To Attractive Credit As Equities Remain Expensive
2023 saw a severe bear market and low valuations in the bond market, creating an opportunity for bond allocation in portfolios. The bond market experienced sharp declines while equities reached all-time highs, highlighting the difference in reaction to interest rate increases. The HYGV smart beta ETF offers credit exposure with a 9.3% yield, making it an attractive option compared to the 4% earnings yield of US equities.
Seeking Alpha • Oct 23, 2023

Time for Low-Beta ETFs?
Despite the Fed's most aggressive tightening campaign in decades, the U.S. economy has displayed remarkable resilience, characterized by a robust labor market and strong consumer spending. Inflation too has steadily decreased since reaching its highest point in June 2022.
Zacks Investment Research • Sep 12, 2023

HYGV: Over 8% Yield, Strong Dividend Growth
HYGV has a strong 8.6% dividend yield, highest amongst its peers. The fund performs well on most other relevant metrics too. Outperformance relative to other bond sub-asset classes was due to the fund's comparatively low duration, plus aggressive Fed hikes.
Seeking Alpha • Jul 11, 2023

HYGV: Smart Beta High Yield Fund
The FlexShares High Yield Value-Scored Bond Index Fund (HYGV) is a smart beta ETF that focuses on the U.S. high yield market. The fund follows an index which uses proprietary value, credit, and liquidity scores to identify undervalued names. HYGV has been successful in outperforming the market, but underperforms the iShares High Yield Bond Factor ETF (HYDB) and takes on more credit risk.
Seeking Alpha • Jun 18, 2023

¹ Disclosures

Open an M1 investment account to buy and sell FlexShares High Yield Value-Scored Bond Index Fund commission-free¹. Build wealth for the long term using automated trading and transfers.