H
HYG
iShares iBoxx $ High Yield Corporate Bond ETF
$76.81
Current Price
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6M
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About iShares iBoxx $ High Yield Corporate Bond ETF
HYG is the iShares iBoxx $ High Yield Corporate Bond ETF, a fund that pools money from investors and uses it to buy a basket of U.S. dollar-denominated corporate bonds issued by companies with below-investment-grade ("junk") credit ratings. It makes money for holders through the interest payments (yield) those bonds pay out, plus or minus changes in the bonds' market value, rather than through selling products or services like a typical company.