BYLD vs. HFND ETF Comparison
Comparison of iShares Yield Optimized Bond ETF (BYLD) to Unlimited HFND Multi-Strategy Return Tracker ETF (HFND)
BYLD
iShares Yield Optimized Bond ETF
BYLD Description
The investment seeks to track the investment results of an index composed of underlying fixed income funds that collectively seek to deliver current income. The fund invests primarily in underlying funds that themselves seek investment results corresponding to their own underlying indexes. The fund also invests in a combination of other exchange-traded funds ("ETFs") (including other iShares ETFs), cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates ("BlackRock Cash Funds"). The underlying index is a broadly diversified fixed income index that seeks to deliver current income.
Grade (RS Rating)
Last Trade
$22.42
Average Daily Volume
62,695
6
HFND
Unlimited HFND Multi-Strategy Return Tracker ETF
HFND Description
The fund"s portfolio will generally consist of long and short positions in 30 to 50 Underlying ETFs and futures contracts. In addition, the fund may invest in swap agreements. It will not invest in hedge funds. To achieve an appropriate risk/return profile for the fund"s portfolio, the fund will also "short" the securities of Underlying ETFs. It is non-diversified.Grade (RS Rating)
Last Trade
$22.25
Average Daily Volume
7,134
9
Performance
Period | BYLD | HFND |
---|---|---|
30 Days | -1.62% | -0.29% |
60 Days | -0.22% | 0.82% |
90 Days | 0.54% | 3.95% |
12 Months | 10.38% | 10.30% |
1 Overlapping Holdings
Symbol | Grade | Weight in BYLD | Weight in HFND | Overlap | |
---|---|---|---|---|---|
CMBS | C | 9.98% | 3.48% | 3.48% |
BYLD: Top Represented Industries & Keywords
HFND: Top Represented Industries & Keywords