HYGW vs. HYGH ETF Comparison
Comparison of iShares High Yield Corporate Bond BuyWrite Strategy ETF (HYGW) to iShares Interest Rate Hedged High Yield Bond ETF (HYGH)
HYGW
iShares High Yield Corporate Bond BuyWrite Strategy ETF
HYGW Description
iShares High Yield Corporate Bond BuyWrite Strategy ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in fixed income markets of global developed region. The fund invests through derivatives in high yield corporate bonds. It employs long/short strategy and uses derivatives such as options to create its portfolio. The fund seeks to track the performance of the Cboe HYG BuyWrite Index, by using representative sampling technique. iShares High Yield Corporate Bond BuyWrite Strategy ETF is domiciled in the United States.
Grade (RS Rating)
Last Trade
$32.42
Average Daily Volume
98,667
1
HYGH
iShares Interest Rate Hedged High Yield Bond ETF
HYGH Description
The investment seeks to mitigate the interest rate risk of a portfolio composed of U.S. Dollar-denominated, high yield corporate bonds. The fund seeks to invest at least 80% of its net assets in U.S. Dollar-denominated high yield bonds, U.S. Treasury securities (or cash equivalents) and in one or more underlying funds that principally invest in high yield bonds. It is an actively managed exchange-traded fund ("ETF") that does not seek to replicate the performance of a specified index. The fund may also invest in other interest rate futures contracts, including but not limited to, Eurodollar and Federal Funds futures.Grade (RS Rating)
Last Trade
$87.12
Average Daily Volume
31,137
1
Performance
Period | HYGW | HYGH |
---|---|---|
30 Days | 0.52% | 1.36% |
60 Days | -0.44% | 2.43% |
90 Days | 0.56% | 3.84% |
12 Months | 4.43% | 13.18% |
1 Overlapping Holdings
Symbol | Grade | Weight in HYGW | Weight in HYGH | Overlap | |
---|---|---|---|---|---|
HYG | A | 99.0% | 93.94% | 93.94% |
HYGW Overweight 0 Positions Relative to HYGH
Symbol | Grade | Weight |
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HYGW Underweight 0 Positions Relative to HYGH
Symbol | Grade | Weight |
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HYGW: Top Represented Industries & Keywords
HYGH: Top Represented Industries & Keywords