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1D
1W
1M
3M
6M
YTD
1Y
2Y
5Y
ALL
AUM
$1.52B
P/E ratio
--
Dividend yield
7.1587%
Expense ratio
0.35%
Beta
0.391556
Previous close
$45
Today's open
$45.03
Day's range
$44.86 - $45.06
52 week range
$44.40 - $47.78
show more
Headquarters
US
Exchange
CBOE Global Markets BZX
Issue type
Exchange-Traded Fund
Bonds
Domestic
1.59%
HYDB: Systematic High-Yield Bond ETF, Solid Strategy, Track Record, Dividend Yield
HYDB is a high-yield corporate bond index ETF. Its index is quite unique, focusing on high-yield bonds with above-average spreads for their credit quality. HYDB's strategy results in slightly higher dividend yields than average, with the fund yielding 7.0% right now.
Seeking Alpha • Aug 22, 2026

HYDB: A Disciplined High-Yield Bond ETF That Leads On Returns
iShares High Yield Systematic Bond ETF employs a rules-based, risk-focused approach to junk bonds, recently delivering top total returns among peers. HYDB offers strong diversification and a low-risk profile within high yield but trails SHYG in risk-adjusted performance and matches HYG since its 2024 index change. HYDB's effective duration of 3.19 years exposes it to moderate rate risk; hedged ETFs like HYGH are preferable if multiple rate hikes materialize.
Seeking Alpha • Aug 21, 2026

HYDB: Higher Expense Ratio For More Volatility Unappealing Amid Uncertain Market Recovery
The iShares High Yield Systematic Bond ETF underperformed YTD despite a higher energy allocation and value tilt versus USHY. HYDB's higher expense ratio (0.35% vs. 0.08% for USHY) is questionable given higher volatility and the worse performance. The value tilt in the index maybe isn't adding much. Credit spreads had already normalized, limiting HYDB's capital appreciation potential even if geopolitical risks subside as related to general macro considerations.
Seeking Alpha • Apr 20, 2026

HYDB: High-Yield Bond ETF With Superior Risk-Adjusted Return
iShares High Yield Systematic Bond ETF invests in high-yield bonds with a strategy aiming to reduce the probability and impact of defaults. HYDB has a low-risk profile in its category, based on credit rating, maturity, duration, and diversification. HYDB has outperformed the benchmark HYG since inception and shows a superior Sharpe ratio compared to competitors.
Seeking Alpha • Sep 22, 2025

HYDB: Unique High-Yield Corporate Bond ETF, Strong, Proven Investment Strategy
Credit spreads have widened, making high-yield corporate bond funds much more attractive to investors. High-yield corporate bond ETFs offer a simple, cheap way to get exposure to these securities. HYDB is one such ETF, with a solid investment strategy: focusing on bonds with wide spreads, compelling risk-return yields. It yields 7.0%.
Seeking Alpha • Jun 30, 2025

Five Strong High-Yield Corporate Bond ETFs
High-yield corporate bond ETFs provide investors with strong yields, albeit somewhat elevated credit risk. There are lots of high-yield bond ETFs available to investors. Some with higher yields, some with better performance track-records, some focusing on more niche areas of the market. A quick overview of five of these follows. ETFs include simple, cheap vanilla ETFs, smart beta ETFs, and those targeting niche, best-performing bonds.
Seeking Alpha • Jun 29, 2025

HYDB: Picking The Best Of The Junk
iShares High Yield Systematic Bond ETF (HYDB) is a junk bond ETF with a rules-based strategy aiming to mitigate risk. HYDB is well-diversified across sectors and issuers, with a focus on higher credit quality and maturities inferior to 5 years. HYDB shows superior risk-adjusted performance compared to other high-yield bond ETFs.
Seeking Alpha • Jan 13, 2025

HYDB: Strong High-Yield Bond ETF, Solid Strategy, Above-Average 6.9% Dividend Yield And Performance
HYDB focuses on high-yield corporate bonds with higher quality and wider spreads. This results in an above-average 6.9% dividend yield, and consistent outperformance to peers. HYDB's strategy has worked in the past and will, I believe, continue to work in the future, making the fund a solid investment opportunity.
Seeking Alpha • Sep 15, 2024

HYDB: Risk-Free Rates Down, But Spreads Up
iShares High Yield Systematic Bond ETF pursues fixed income investments in junkier markets. Recent market conditions have increased credit spreads. The ETF consists mostly of BB or B rated instruments, with recent rise in credit spreads offsetting benefits from lower prevailing rates associated to recession chatter. The negative correlation between spreads and risk-free rates limits the appeal of high-yield credit in the current market.
Seeking Alpha • Aug 7, 2024

This Week in ETFs: Closures Outnumber New ETFs
Although 14 new ETFs debuted in the U.S. this past week, closure announcements came in even stronger, largely due to Global X pruning its lineup. Launches during the week included funds from BondBloxx, WisdomTree, Innovator, JPMorgan, and Range ETFs.
ETF Trends • Jan 26, 2024

¹ Disclosures

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