(HYGV) High Yield Value-Scored Bond - Overview
Etf: High-Yield Bonds, USD-Denominated, Corporates, Value-Scored
Dividends
| Dividend Yield | 8.11% |
| Yield on Cost 5y | 8.95% |
| Yield CAGR 5y | 0.60% |
| Payout Consistency | 93.7% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 3.07% |
| Relative Tail Risk | -3.11% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.51 |
| Alpha | -0.12 |
| Character TTM | |
|---|---|
| Beta | 0.265 |
| Beta Downside | 0.300 |
| Drawdowns 3y | |
|---|---|
| Max DD | 5.56% |
| CAGR/Max DD | 1.54 |
Description: HYGV High Yield Value-Scored Bond January 18, 2026
The FlexShares® High Yield Value-Scored Bond Index Fund (HYGV) tracks an NTI-constructed index that screens U.S.-dollar-denominated high-yield corporate bonds for strong fundamentals, attractive valuations, and sufficient liquidity. The scoring model ranks issuers on metrics such as debt-to-EBITDA, cash-flow coverage, and spread-to-treasury, aiming to capture the “value” premium within the high-yield space.
In practice, the ETF commits at least 80 % of its net assets (excluding securities-lending collateral) to the index constituents, providing diversified exposure across sectors like energy, consumer discretionary, and financials. The portfolio’s average effective duration is roughly 4.5 years, and its weighted-average spread over Treasuries hovers near 400 bps, making it sensitive to both credit cycle dynamics and interest-rate movements.
Key drivers for HYGV’s performance include the U.S. corporate credit outlook, the Federal Reserve’s policy stance, and sector-specific supply-side shocks (e.g., oil price volatility for energy issuers). As of the latest quarter, the fund’s turnover rate was about 45 % annually, reflecting a balance between score-driven rebalancing and liquidity considerations. For a deeper dive into how value-oriented high-yield strategies compare across the market, you might explore the analytics on ValueRay.
What is the price of HYGV shares?
Over the past week, the price has changed by +0.18%, over one month by +0.44%, over three months by +2.51% and over the past year by +7.19%.
Is HYGV a buy, sell or hold?
What are the forecasts/targets for the HYGV price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 46.3 | 13.4% |
HYGV Fundamental Data Overview February 02, 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 = 1.19b USD (1.19b + (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 1.19b)
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 1.19b / 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 = 6.89% (E(1.19b)/V(1.19b) * Re(6.89%) + (debt-free company))
Discount Rate = 6.89% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)