iShares iBoxx $ High Yield Corporate Bond ETF Price & Performance (HYG)

The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) advanced 0.90% Thursday, closing at $78.70 and marking its third consecutive day of gains. Analysts have upgraded HYG to a buy candidate despite a short-term forecast suggesting potential declines. The ETF's low volatility and positive technical signals warrant close monitoring for trend changes.12

A review of HYG's latest holdings shows broad diversification, with top allocations including EchoStar, Medline, and Quikrete Holdings. The ETF's portfolio spans over 1,200 securities, primarily in sub-investment grade U.S. corporate bonds, reflecting its strategy to capture high-yield opportunities while managing credit risk.34

Based on 18 years of performance data, HYG has historically declined by an average of 0.9% over the following year, with a 55% probability of losses. Currently trading near $78, the ETF's risk profile is higher than usual, indicating investors should weigh short-term buy signals against longer-term headwinds.25