Industry Distribution:

• Energy: 15%
• Communication: 14%
• Consumer Goods: 12%

Top 3 Markets:

• USA: 60%
• Europe: 25%
• Asia: 10%

The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) invests in high-yield corporate bonds, mainly from the energy, communication, and consumer goods sectors. These industries are known for their capital intensity and the need to use debt financing.

The largest markets for HYG are the USA, followed by Europe and Asia. The high percentage of the USA reflects the strong presence and focus of the ETF on the American market, while Europe and Asia also have significant but smaller shares.

iShares Trust - iShares iBoxx $ High Yield Corporate Bond ETF (ARCA:HYG) is an exchange-traded fund (ETF) and not a company that produces physical products.

This ETF invests in a portfolio of high-yield bonds issued by various companies. Therefore, there are no production facilities or physical products manufactured by iShares Trust itself.

Instead, iShares, a brand of BlackRock, manages this ETF by investing in bonds issued by companies worldwide.

Current Dividend Yield: 5.2% (2025)
Total Expense Ratio: 0.49% (2025)

The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) aims to provide investors with an attractive return through investments in high-yield corporate bonds. The ETF's strategy focuses on diversifying bonds across different industries and regions to spread risk and generate stable returns.

For future growth, the ETF plans to strengthen its position in emerging markets and increase allocation in sectors with higher growth potential. This could be achieved by adjusting the weighting in industries such as technology and healthcare, which tend to offer higher returns.

Additionally, the ETF could expand its investment strategy by integrating ESG criteria (Environmental, Social, and Governance) to meet the growing demands of investors who prefer sustainable investments. This could also help mitigate risk and secure long-term stable returns.

Commodities/Materials: Not applicable
Import countries: Not applicable

The iShares iBoxx $ High Yield Corporate Bond ETF (ARCA:HYG) is an exchange-traded fund (ETF) that invests in high-yield corporate bonds. As a financial product, it does not import or process any physical commodities or materials. Instead, the ETF invests in bonds issued by companies operating in various sectors. The performance of the ETF depends on the underlying bonds and economic conditions, not on physical imports.

Market Share: Approximately 40% in the High Yield Corporate Bond ETFs sector (2023)

Assets Under Management: Over 15 billion USD (2023)

The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) is one of the largest and most well-known ETFs in the high yield bond sector. Its competitive advantage lies in the broad diversification and high liquidity it offers to investors.

Being part of iShares, a brand of BlackRock, HYG benefits from a strong distribution network and an established market presence. This allows the ETF to attract a significant amount of assets under management and solidify its position as a market leader.

In addition, HYG provides a cost-effective way to invest in a diversified portfolio of high yield bonds, making it attractive to institutional and retail investors alike. The continuous demand for high yield bonds and BlackRock's expertise in asset management further strengthen the ETF's competitive advantage.

Institutional Investor Share: approximately 85% (estimated for 2025)
Insider Buys/Sells: No significant insider transactions known

The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) is a popular investment instrument among institutional investors, as it provides access to a diversified portfolio of high-yield bonds. The institutional investor share is typically high, as pension funds, insurance companies, and other large financial institutions use such ETFs to diversify their portfolios and generate income.

Insider transactions are less relevant for ETFs like HYG, as it is a fund and not a single company with traditional management that could buy or sell stocks. Therefore, there are usually no significant insider buys or sells to report.

Market share of iShares iBoxx $ High Yield Corporate Bond ETF (HYG): approximately 25% (estimated for 2025)

Top competitors and their market shares:

1. SPDR Bloomberg Barclays High Yield Bond ETF (JNK): approximately 20%
2. Vanguard High Yield Corporate Fund (VWEHX): approximately 15%
3. Invesco High Yield Equity Dividend Achievers ETF (PEY): approximately 10%
4. VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL): approximately 8%
5. Fidelity High Yield Factor ETF (FDHY): approximately 5%

Moat of iShares iBoxx $ High Yield Corporate Bond ETF (HYG):

The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) has a significant moat due to its size and liquidity. With an estimated market share of 25%, HYG is one of the largest ETFs in this segment, giving it a strong bargaining position with bond sellers and high liquidity for investors.

Another advantage is the broad diversification and comprehensive coverage of the high-yield market, providing investors with solid risk diversification. These factors make HYG a preferred choice for institutional investors.

Compared to competitors, HYG has a strong brand name and access to extensive resources and networks through the iShares brand, which is owned by BlackRock. This can be considered an additional moat that allows HYG to remain competitive.

Competitors, especially JNK and VWEHX, also offer strong products, but HYG maintains an advantageous position due to its market leadership and associated benefits. Nevertheless, competition is intense, and other ETFs offer specialized strategies that may be attractive to certain investors.

Total Expense Ratio (TER): 0.49% (2023)
Distribution Yield: Approximately 5% (2023)
Asset Class: High Yield Corporate Bonds

The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) invests in high yield corporate bonds, which typically offer higher returns but also come with higher risks. The total expense ratio of 0.49% is moderate compared to other ETFs and could be attractive to investors looking for a diversified bond option.

The distribution yield of about 5% makes this ETF appealing to investors seeking regular income. However, investors should consider the risks of high yield bonds, especially during times of economic uncertainty or rising interest rates that can negatively impact the bond markets.

Overall, HYG could be a good investment for risk-tolerant investors seeking returns and willing to accept the higher risk of high yield bonds. However, a careful assessment of individual risk tolerance and current market conditions is crucial.

Dividend Yield: Approx. 5-6% (2024, estimate based on historical data)

Payout Frequency: Monthly

The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) is known for distributing regular monthly dividends. The dividend yield typically ranges from 5-6%, depending on the underlying bonds and current market conditions.

The reliability of the payouts is relatively high as the ETF invests in a diversified portfolio of high-yield bonds, which usually offer higher coupons. However, the dividend amounts can fluctuate as they depend on the interest payments of the bonds held in the ETF.

It is important to note that high-yield bonds carry higher risks, which can be reflected in the volatility of the payouts. Therefore, investors should keep an eye on the credit quality of the underlying bonds and the general market conditions.