HYG

The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) invests in U.S.‑dollar‑denominated high‑yield (sub‑investment‑grade) corporate bonds issued primarily by companies in the United States, with maturities generally ranging from one to fifteen years. The fund seeks to track the Markit iBoxx USD Liquid High Yield Index, using a representative sampling approach and market‑value weighting to replicate the index’s exposure to a broad set of liquid high‑yield issuers across sectors such as consumer, energy, technology and industrials. Because it focuses on higher‑yield, lower‑credit‑quality debt, HYG is suited for investors who want to add income‑generating fixed‑income exposure to a diversified portfolio and are comfortable with the greater credit and interest‑rate risk that accompany high‑yield bonds.