Ishares Edge High Etf Profile
| HYDB Etf | USD 47.95 0.10 0.21% |
Performance14 of 100
| Odds Of DistressLess than 9
|
IShares Edge is trading at 47.95 as of the 30th of November 2024, a 0.21 percent increase since the beginning of the trading day. The etf's open price was 47.85. IShares Edge has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for iShares Edge High are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund will invest at least 80 percent of its assets in the component securities of the index, and the fund will invest at least 90 percent of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the index. More on iShares Edge High
Moving together with IShares Etf
| 0.97 | HYG | iShares iBoxx High | PairCorr |
| 0.99 | USHY | iShares Broad USD | PairCorr |
| 0.98 | JNK | SPDR Bloomberg High | PairCorr |
| 0.97 | SHYG | iShares 0 5 | PairCorr |
| 0.92 | HYLB | Xtrackers USD High | PairCorr |
| 0.92 | SJNK | SPDR Bloomberg Short | PairCorr |
Moving against IShares Etf
IShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Corporate ETFs, High Yield ETFs, High Yield Bond, iShares (View all Sectors) |
| Issuer | iShares |
| Inception Date | 2017-07-11 |
| Benchmark | BlackRock High Yield Defensive Bond Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 1.13 Billion |
| Average Trading Valume | 501,864.5 |
| Asset Type | Fixed Income |
| Category | Corporate |
| Focus | High Yield |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | State Street Bank and Trust Company |
| Advisor | BlackRock Fund Advisors |
| Custodian | State Street Bank and Trust Company |
| Distributor | BlackRock Investments, LLC |
| Portfolio Manager | James Mauro, Scott Radell |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 28-Feb |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 270 |
| Market Maker | Jane Street |
| Total Expense | 0.35 |
| Management Fee | 0.35 |
| Country Name | USA |
| Returns Y T D | 9.85 |
| Name | iShares Edge High Yield Defensive Bond ETF |
| Currency Code | USD |
| Open Figi | BBG00H4BNP11 |
| In Threey Volatility | 8.4 |
| 1y Volatility | 5.57 |
| 200 Day M A | 46.845 |
| 50 Day M A | 47.6159 |
| Code | HYDB |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
iShares Edge High [HYDB] is traded in USA and was established 2017-07-11. The fund is listed under High Yield Bond category and is part of iShares family. The entity is thematically classified as Corporate ETFs. iShares Edge High currently have 113.07 M in assets under management (AUM). , while the total return for the last 3 years was 4.7%.
Check IShares Edge Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as iShares Edge High Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
iShares Edge High Currency Exposure
iShares Edge High holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of IShares Edge will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in iShares Edge High.
iShares Edge High Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Edge. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1071 | |||
| Jensen Alpha | 0.0126 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.44) |
IShares Edge Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Edge High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of iShares Edge High is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Edge's value that differs from its market value or its book value, called intrinsic value, which is IShares Edge's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Edge's market value can be influenced by many factors that don't directly affect IShares Edge's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Edge's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Edge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Edge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.