(HYDB) Edge High Yield Defensive - Overview
Etf: High-Yield Bonds, Fixed Income, Corporate Debt
Dividends
| Dividend Yield | 7.66% |
| Yield on Cost 5y | 8.84% |
| Yield CAGR 5y | 8.39% |
| Payout Consistency | 97.7% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 3.03% |
| Relative Tail Risk | -2.59% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.57 |
| Alpha | 0.33 |
| Character TTM | |
|---|---|
| Beta | 0.250 |
| Beta Downside | 0.268 |
| Drawdowns 3y | |
|---|---|
| Max DD | 5.58% |
| CAGR/Max DD | 1.79 |
Description: HYDB Edge High Yield Defensive January 14, 2026
The iShares Edge High Yield Defensive Bond ETF (BATS: HYDB) commits to allocating at least 80 % of its net assets to the securities that compose its benchmark index, and a minimum of 90 % to fixed-income instruments that the fund’s manager believes will best replicate the index’s performance.
Key quantitative traits (as of the latest filing) include an expense ratio of 0.20 %, a weighted-average credit rating around BB-, and a portfolio duration of roughly 4 years, which together suggest moderate sensitivity to interest-rate moves while targeting higher yields than investment-grade bonds. The fund’s performance is closely tied to high-yield spread dynamics-particularly the BAA-Treasury spread-and to macro-economic variables such as the Federal Reserve’s policy stance and corporate default rates, which have been elevated amid the current cycle of tightening credit conditions. Sector exposure is typically weighted toward energy and industrials, reflecting the higher coupon offerings in those industries during periods of commodity-price volatility.
For a deeper, data-driven look at HYDB’s risk-return profile, you might explore ValueRay’s analytics platform.
What is the price of HYDB shares?
Over the past week, the price has changed by +0.12%, over one month by +0.45%, over three months by +2.51% and over the past year by +7.43%.
Is HYDB a buy, sell or hold?
What are the forecasts/targets for the HYDB price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 54.6 | 14.8% |
HYDB Fundamental Data Overview February 05, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 1.66b USD (1.66b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 1.66b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 1.66b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.83% (E(1.66b)/V(1.66b) * Re(6.83%) + (debt-free company))
Discount Rate = 6.83% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)