iShares Broad USD High Yield Corporate Bond ETF (USHY)
| Assets | $25.20B |
| Expense Ratio | 0.08% |
| PE Ratio | n/a |
| Shares Out | 636.30M |
| Dividend (ttm) | $2.51 |
| Dividend Yield | 6.72% |
| Ex-Dividend Date | Jul 1, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 2,370,285 |
| Open | 37.42 |
| Previous Close | 37.44 |
| Day's Range | 37.36 - 37.42 |
| 52-Week Low | 34.90 |
| 52-Week High | 37.72 |
| Beta | 0.41 |
| Holdings | 1940 |
| Inception Date | Oct 25, 2017 |
About USHY
Fund Home PageThe iShares Broad USD High Yield Corporate Bond ETF (USHY) is an exchange-traded fund that is based on the ICE BofA US High Yield Constrained index. The fund tracks a market value-weighted index of USD-denominated high yield corporate debt with broad maturities. USHY was launched on Oct 25, 2017 and is issued by BlackRock.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 1, 2025 | $0.21132 | Jul 7, 2025 |
| Jun 2, 2025 | $0.21077 | Jun 5, 2025 |
| May 1, 2025 | $0.20166 | May 6, 2025 |
| Apr 1, 2025 | $0.21027 | Apr 4, 2025 |
| Mar 3, 2025 | $0.21027 | Mar 6, 2025 |
| Feb 3, 2025 | $0.21429 | Feb 6, 2025 |
Performance
USHY had a total return of 8.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.64%.
News
CLOZ Vs. USHY: Which Is Best For Income Investors And Retirees?
CLOs have been one of the best-performing income asset classes of these past few years, as has CLOZ. Due to the fund's strong investment thesis and popularity, I thought to compare it with USHY, a sim...
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 ...
JPMorgan Expands Fixed Income Lead With Record High-Yield ETF Launch
JPMorgan, already the largest manager of actively managed fixed income ETFs, expanded its capabilities with a splash today. The JPMorgan Active High Yield ETF (JPHY) began trading today with the aid o...
USHY: We Were Maybe Wrong About Inflation
More neutral on inflation risks given recent moderate CPI amid encouraging jobs data. USHY remains sensitive to overall YTM changes with 3-year duration, but the reduced evidence of stagflation reduce...
Profit From Wider Credit Spreads With These High-Yield Bond Funds
The ongoing trade war has led to a massive increase in uncertainty and bearish sentiment. Credit spreads have widened as a result, going from their lowest levels in history, to solidly above-average. ...
3 Reasons Why USHY's Yield Could Still Be Attractive Despite Its Low Spread Over IG Bonds
My initial pessimism on USHY was too severe; deeper analysis shows a less wicked outlook for 2025 despite low spread levels. USHY holds exposure to BB and B-rated bonds, which in 2025 experienced a de...
USHY: Yield Spread Hits A New Low Vs. Investment-Grade Bonds (Rating Downgrade)
The narrowing spread between U.S. investment-grade yields and high-yield bonds has become a risk to consider. Historically, high-yield bonds underperform during periods of spread expansion, as seen in...
Undercovered ETFs: Nuclear, Uranium, China, India +
The 'Undercovered' Dozen series highlights lesser-covered ETFs, offering insights from various authors on potential investment opportunities and market trends. Global X Uranium ETF is seen as well-pla...
Junk Bonds Have a ‘Fallen Angel' Problem
A strong economy and falling interest rates have been a great combination for investors in high-yield bonds.
Breakeven Federal Reserve Cuts For Short-Term And Variable Rate ETFs
Federal Reserve cuts will lead to lower dividend yields on ultra short-term and variable rate investments. Most of these trade with healthy spreads to comparable fixed-rate bonds. Breakevens vary thou...
USHY: Largest High-Yield Corporate Bond ETF, Good 6.6% Dividend Yield And Performance
iShares Broad USD High Yield Corporate Bond ETF is the largest high-yield corporate bond ETF in the market. It yields 6.6% and has performed reasonably well since inception. USHY is a solid income ETF...
Bonds still bouncing along
Bonds still bouncing along.
USHY: A Low-Fee Junk Bond ETF
iShares Broad USD High Yield Corporate Bond ETF is the largest “junk bond” ETF, based on assets under management. The USHY ETF has an attractive yield, but its price has suffered a 12% decay since 201...
USHY: Soft Landing In Question, Yet Credit Spreads Go Lower
iShares Broad USD High Yield Corporate Bond ETF has performed well with 3-year rates falling in the last 6 months and declining credit spreads. However, we strongly agree with lower credit spreads, pa...
USHY: High-Yield Bonds Are Expensive But The Market Loves Them
The ETF USHY is a preferred investment solution compared to its competitors, as high-yield bonds have historically maintained their value. The current yields of the ETF present a low-risk premium, des...
Consider Selling HYG And Buying SPHY Or USHY Instead
HYG is the largest high-yield bond ETF in the market. It is not a particularly good choice. A look at the fund, and some better alternatives, follows.
USHY: Not Enough Premium For The Risk
iShares Broad USD High Yield Corporate Bond ETF has a broad diversification and decent performance compared to peers, but mid-term outlook is not appealing. Current credit spreads suggest high-yield b...
USHY: The Time To Worry Is Now
Credit spreads are abnormally tight, indicating a potential risk of a credit event in the bond market. The iShares Broad USD High Yield Corporate Bond ETF may not be the best choice for investors due ...
USHY: A Competitor To The S&P 500's Low Earnings Yield
Goldman Sachs predicts an increase in domestic high-yield defaults, followed by a retreat in the second half of next year. In August, corporate defaults reached the highest level since 2009, while cor...
USHY: Credit Spreads Low Given Recession Risks
USHY's implied credit spread for its higher yield portfolio is in line with the broader market, but where historically spreads are low in the face of a recession. This seems to mean that the market be...
Junk Bonds Conspicuously Quiet In 2023, Spotting Prices To Watch
Despite a banking crisis and volatile oil prices, the domestic high-yield market hasn't made big moves this year. I see balanced risks with USHY as we head into a positive stretch on the calendar.
December CPI Verifies With Expectations, Stocks Waver: USHY Upside Potential
The all-important December Consumer Price Index (CPI) report verified in line with economist expectations. Stocks drifted around the flat line while short-term bond yields dropped.
Avoid USHY Due To Weak LevFin Conditions And Duration Risk
USHY has pretty high durations across the portfolio, and financing conditions for the bond issues in the portfolio are weaker, with LevFin markets almost closed. Investing in it will depend on your vi...
USHY Sees Risk From Rates Not Accomplishing Inflation Smash
USHY in broad strokes does not look particularly compelling due to uncertainty over rates and inflation. While earnings so far have been decent, especially in the US, it is still unclear how much rate...