The iShares ESG Advanced High Yield Corporate Bond ETF seeks to track the investment results of an index composed of U.S. 0.35% expense ratio, $201M AUM, 634 holdings, inception 2016.
iShares ESG Advanced High Yield Corporate Bond ETF (HYXF) ETF — Price, Holdings & Analysis
The iShares ESG Advanced High Yield Corporate Bond ETF seeks to track the investment results of an index composed of U.S. 0.35% expense ratio, $201M AUM, 634 holdings, inception 2016.
ETF Overview
The iShares ESG Advanced High Yield Corporate Bond ETF seeks to track the investment results of an index composed of U.S. dollar-denominated high yield corporate bonds from issuers with a favorable environmental, social and governance rating as identified by the index provider, while applying extensive screens for involvement in controversial activities.
The iShares ESG Advanced High Yield Corporate Bond ETF seeks to track the investment results of an index composed of U.S. dollar-denominated high yield corporate bonds from issuers with a favorable environmental, social and governance rating as identified by the index provider, while applying extensive screens for involvement in controversial activities. iShares ESG Advanced High Yield Corporate Bond ETF provides exposure to the fixed income market. The portfolio is broadly diversified with 634 holdings.
Risk Metrics
With 634 holdings, the fund offers broad diversification that mitigates individual security risk. Heavy allocation to Communication Services (100.0%) means sector-specific downturns could disproportionately affect performance. A beta of 0.70 indicates lower volatility relative to the broader market.
<a href="/etf/uscl">iShares Climate Conscious & Transition MSCI USA ETF (USCL)</a> (Equity) — 0.08% ER
Risk Metrics
Beta: 0.70
Questions & Answers
What is iShares ESG Advanced High Yield Corporate Bond ETF (HYXF)?
The iShares ESG Advanced High Yield Corporate Bond ETF seeks to track the investment results of an index composed of U.S. dollar-denominated high yield corporate bonds from issuers with a favorable environmental, social and governance rating as ident It holds 634 securities. With $201M in assets under management, it is a funds in its category.
What is the expense ratio for HYXF?
iShares ESG Advanced High Yield Corporate Bond ETF has an expense ratio of 0.35%, which is considered moderate for fixed income ETFs. This means for every $10,000 invested, annual fees would be approximately $35. Lower expense ratios generally lead to better long-term returns, all else being equal.
How long has HYXF been around?
iShares ESG Advanced High Yield Corporate Bond ETF was launched in 2016, making it 10 years old. With over a decade of history, it has navigated various market conditions. It is managed by IShares.
What is the current NAV of HYXF?
iShares ESG Advanced High Yield Corporate Bond ETF has a net asset value (NAV) of approximately $46.22 per share. The NAV represents the per-share value of the fund's underlying assets minus liabilities. Market price may differ slightly from NAV due to supply and demand dynamics during trading hours.
Is HYXF a good investment?
iShares ESG Advanced High Yield Corporate Bond ETF is a fixed income ETF with $201M in assets and 634 holdings. Fixed income ETFs generally provide more stable returns than equity funds but are sensitive to interest rate changes. When rates rise, bond prices typically fall, and vice versa. Whether it is suitable depends on your investment goals, risk tolerance, and time horizon. Consider consulting a financial advisor for personalized guidance.