(HYDB) iShares Edge High Yield - Ratings and Ratios

Exchange: BATS • Country: USA • Currency: USD • Type: Etf • ISIN: US46435G2509 • High Yield Bond

HYDB: Bonds, Corporate Debt, High Yield Bonds

The iShares Edge High Yield Defensive Bond ETF (HYDB) is a fixed-income ETF designed to provide exposure to high-yield bonds with a defensive twist. It invests at least 80% of its assets in the component securities of its underlying index, and at least 90% in fixed-income securities of the types included in that index. This structure is intended to align the fund closely with the performance of its benchmark while maintaining a focus on higher-yield debt instruments.

With an AUM of $1.226 billion, HYDB is a sizeable fund in the high-yield bond ETF category. It trades on the BATS exchange under the ticker symbol HYDB. The fund is structured to appeal to investors seeking income from higher-yielding, lower-rated corporate bonds while incorporating defensive characteristics to mitigate potential downside risks.

As a high-yield bond ETF, HYDB is designed for investors looking to tap into the returns of below-investment-grade debt securities. These bonds typically offer higher yields to compensate for the increased credit risk. The funds defensive approach may make it more attractive to risk-averse investors within the high-yield category, as it seeks to balance income generation with a focus on stability.

Its important for investors and fund managers to note that high-yield bond funds like HYDB are sensitive to changes in interest rates and credit market conditions. While they can provide attractive yields, they also carry higher default risk compared to investment-grade bonds. The funds performance will depend on the ability of its managers to select and monitor the underlying securities effectively.

For those evaluating HYDB, it’s crucial to consider the current economic cycle. High-yield bonds often perform well in a late-cycle environment where defaults remain low, but they can be more volatile during periods of economic uncertainty or rising interest rates. As with any ETF, understanding the underlying index, expense structure, and the issuers track record is essential for making an informed decision.

Additional Sources for HYDB ETF

HYDB ETF Overview

Market Cap in USD 1,535m
Category High Yield Bond
TER 0.35%
IPO / Inception 2017-07-11

HYDB ETF Ratings

Growth 5y 65.9%
Fundamental -
Dividend 71.8%
Rel. Strength Industry 8.49
Analysts -
Fair Price Momentum 48.61 USD
Fair Price DCF -

HYDB Dividends

Dividend Yield 12m 6.61%
Yield on Cost 5y 9.64%
Annual Growth 5y 1.87%
Payout Consistency 97.5%

HYDB Growth Ratios

Growth Correlation 3m 81.6%
Growth Correlation 12m 97.3%
Growth Correlation 5y 67.2%
CAGR 5y 8.07%
CAGR/Max DD 5y 0.57
Sharpe Ratio 12m 1.49
Alpha 3.97
Beta 0.22
Volatility 4.62%
Current Volume 2679k
Average Volume 20d 240.4k
What is the price of HYDB stocks?
As of March 15, 2025, the stock is trading at USD 47.03 with a total of 2,678,967 shares traded.
Over the past week, the price has changed by -0.84%, over one month by -0.52%, over three months by +0.51% and over the past year by +9.58%.
Is iShares Edge High Yield a good stock to buy?
Yes. Based on ValueRay Analyses, iShares Edge High Yield (BATS:HYDB) is currently (March 2025) a good stock to buy. It has a ValueRay Growth Rating of 65.90 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of HYDB as of March 2025 is 48.61. This means that HYDB is currently overvalued and has a potential downside of 3.36%.
Is HYDB a buy, sell or hold?
iShares Edge High Yield has no consensus analysts rating.
What are the forecast for HYDB stock price target?
According to ValueRays Forecast Model, HYDB iShares Edge High Yield will be worth about 52.9 in March 2026. The stock is currently trading at 47.03. This means that the stock has a potential upside of +12.48%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 52.9 12.5%