iShares iBoxx $ High Yield Corporate Bond ETF (HYG)High Yield Bond | Exchange Traded Fund | NYSEArca
79.74 USD
-0.13
(-0.163%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 79.67 -0.07 (-0.070%) ⇩ (Aug. 28, 2026, 7:52 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5:06 a.m. EDT
The high-yield bond market is currently under siege, with the ETF trading at a discount to its book value while facing a hostile options environment. The sheer volume of put buying—particularly the 'wall' of open interest at the September 18th strike—signals that institutional players are aggressively hedging against a credit spread widening or a rate repricing event. While the underlying assets offer a robust 5.94% yield that provides a strong floor, the price action is being dragged down by this defensive positioning. The statistical forecast model, which predicts a negligible drift, aligns with the current stalemate but fails to capture the asymmetric risk implied by the options flow. For investors, this is a classic 'sell the news' setup where the headline yield is attractive, but the immediate probability of a price drop is elevated due to market fear. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.002408 |
| AutoARIMA | 0.002408 |
| MSTL | 0.002507 |
| AutoTheta | 0.003039 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 78% |
| H-stat | 2.02 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.434 |
| Excess Kurtosis | -0.83 |
| Attribute | Value |
|---|---|
| Trailing P/E | 10.96 |
| Forward P/E | 1329.00 |
As of Aug. 22, 2026, 5:06 a.m. EDT: Speculators are heavily positioning for downside protection, evidenced by massive open interest in out-of-the-money puts (over 1.8 million contracts at the September 18th expiration) and significant volume spikes at strikes like 75.00 and 74.00. Conversely, call activity is muted and concentrated near the money, suggesting a defensive bias where traders are betting on volatility or a potential correction rather than a rally.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.48% | 5.85% | 5.92% | 5.59% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-03 | 0.384 | 0.484176 |
| 2026-07-01 | 0.369 | 0.463626 |
| 2026-06-01 | 0.409 | 0.512275 |
| 2026-05-01 | 0.419 | 0.523357 |
| 2026-04-01 | 0.384 | 0.483810 |
| 2026-03-02 | 0.394 | 0.490782 |
| 2026-02-02 | 0.399 | 0.493995 |
| 2025-12-19 | 0.381 | 0.474116 |
| 2025-12-01 | 0.375 | 0.466012 |
| 2025-11-03 | 0.410 | 0.511605 |
| 2025-10-01 | 0.381 | 0.470603 |
| 2025-09-02 | 0.383 | 0.476427 |
| 2025-08-01 | 0.404 | 0.505126 |
| 2025-07-01 | 0.379 | 0.472745 |
| 2025-06-02 | 0.376 | 0.474867 |
| 2025-05-01 | 0.401 | 0.512133 |
| 2025-04-01 | 0.382 | 0.485449 |
| 2025-03-03 | 0.374 | 0.469908 |
| 2025-02-03 | 0.360 | 0.454201 |
| 2024-12-18 | 0.409 | 0.523219 |
| 2024-12-02 | 0.361 | 0.453233 |
| 2024-11-01 | 0.395 | 0.501587 |
| 2024-10-01 | 0.390 | 0.488293 |
| 2024-09-03 | 0.380 | 0.482969 |
| 2024-08-01 | 0.409 | 0.524628 |
| 2024-07-01 | 0.405 | 0.527894 |
| 2024-06-03 | 0.358 | 0.464875 |
| 2024-05-01 | 0.400 | 0.524315 |
| 2024-04-01 | 0.395 | 0.512854 |
| 2024-03-01 | 0.438 | 0.567505 |
| 2024-02-01 | 0.384 | 0.495228 |
| 2023-12-14 | 0.379 | 0.491569 |
| 2023-12-01 | 0.344 | 0.452691 |
| 2023-11-01 | 0.388 | 0.532455 |
| 2023-10-02 | 0.385 | 0.528193 |
| 2023-09-01 | 0.351 | 0.467564 |
| 2023-08-01 | 0.358 | 0.478802 |
| 2023-07-03 | 0.403 | 0.540577 |
| 2023-06-01 | 0.353 | 0.475741 |
| 2023-05-01 | 0.326 | 0.436471 |
| 2023-04-03 | 0.342 | 0.455090 |
| 2023-03-01 | 0.450 | 0.609178 |
| 2023-02-01 | 0.368 | 0.479416 |
| 2022-12-15 | 0.396 | 0.528000 |
| 2022-12-01 | 0.319 | 0.421846 |
| 2022-11-01 | 0.280 | 0.380486 |
| 2022-10-03 | 0.351 | 0.487703 |
| 2022-09-01 | 0.366 | 0.492200 |
| 2022-08-01 | 0.304 | 0.390194 |
| 2022-07-01 | 0.329 | 0.444715 |
| 2022-06-01 | 0.307 | 0.389100 |
| 2022-05-02 | 0.305 | 0.389876 |
| 2022-04-01 | 0.334 | 0.407566 |
| 2022-03-01 | 0.307 | 0.369301 |
| 2022-02-01 | 0.305 | 0.359967 |
| 2021-12-16 | 0.296 | 0.342394 |
| 2021-12-01 | 0.282 | 0.330327 |
| 2021-11-01 | 0.277 | 0.320009 |
| 2021-10-01 | 0.289 | 0.330626 |
| 2021-09-01 | 0.275 | 0.312891 |
| 2021-08-02 | 0.283 | 0.324021 |
| 2021-07-01 | 0.292 | 0.332120 |
| 2021-06-01 | 0.291 | 0.333907 |
| 2021-05-03 | 0.294 | 0.337233 |
| 2021-04-01 | 0.294 | 0.337659 |
| 2021-03-01 | 0.307 | 0.352468 |
| 2021-02-01 | 0.318 | 0.365812 |
| 2020-12-17 | 0.359 | 0.414502 |
| 2020-12-01 | 0.341 | 0.395592 |
| 2020-11-02 | 0.359 | 0.428810 |
| 2020-10-01 | 0.357 | 0.425862 |
| 2020-09-01 | 0.341 | 0.400470 |
| 2020-08-03 | 0.341 | 0.400846 |
| 2020-07-01 | 0.343 | 0.420704 |
| 2020-06-01 | 0.321 | 0.388056 |
| 2020-05-01 | 0.369 | 0.468988 |
| 2020-04-01 | 0.385 | 0.516224 |
| 2020-03-02 | 0.380 | 0.440273 |
| 2020-02-03 | 0.366 | 0.419966 |
| 2019-12-19 | 0.314 | 0.357427 |
| 2019-12-02 | 0.341 | 0.394037 |
| 2019-11-01 | 0.361 | 0.415803 |
| 2019-10-01 | 0.350 | 0.404064 |
| 2019-09-03 | 0.371 | 0.428703 |
| 2019-08-01 | 0.367 | 0.424179 |
| 2019-07-01 | 0.386 | 0.444598 |
| 2019-06-03 | 0.386 | 0.455995 |
| 2019-05-01 | 0.366 | 0.424151 |
| 2019-04-01 | 0.379 | 0.440339 |
| 2019-03-01 | 0.382 | 0.446210 |
| 2019-02-01 | 0.389 | 0.459376 |
| 2018-12-18 | 0.391 | 0.476365 |
| 2018-12-03 | 0.376 | 0.448687 |
| 2018-11-01 | 0.415 | 0.492173 |
| 2018-10-01 | 0.389 | 0.450753 |
| 2018-09-04 | 0.371 | 0.432351 |
| 2018-08-01 | 0.367 | 0.427589 |
| 2018-07-02 | 0.381 | 0.449398 |
| 2018-06-01 | 0.384 | 0.450757 |
| 2018-05-01 | 0.363 | 0.425059 |
| 2018-04-02 | 0.349 | 0.410782 |
| 2018-03-01 | 0.341 | 0.399906 |
| 2018-02-01 | 0.366 | 0.421805 |
| 2017-12-21 | 0.361 | 0.415324 |
| 2017-12-01 | 0.372 | 0.425727 |
| 2017-11-01 | 0.366 | 0.415815 |
| 2017-10-02 | 0.365 | 0.413130 |
| 2017-09-01 | 0.370 | 0.418931 |
| 2017-08-01 | 0.368 | 0.415209 |
| 2017-07-03 | 0.377 | 0.428555 |
| 2017-06-01 | 0.377 | 0.425844 |
| 2017-05-01 | 0.375 | 0.427156 |
| 2017-04-03 | 0.373 | 0.426969 |
| 2017-03-01 | 0.384 | 0.435226 |
| 2017-02-01 | 0.382 | 0.437672 |
| 2016-12-22 | 0.286 | 0.330865 |
| 2016-12-01 | 0.381 | 0.448922 |
| 2016-11-01 | 0.386 | 0.452520 |
| 2016-10-03 | 0.386 | 0.444598 |
| 2016-09-01 | 0.371 | 0.428902 |
| 2016-08-01 | 0.383 | 0.452986 |
| 2016-07-01 | 0.397 | 0.469989 |
| 2016-06-01 | 0.402 | 0.482361 |
| 2016-05-02 | 0.382 | 0.457485 |
| 2016-04-01 | 0.379 | 0.465774 |
| 2016-03-01 | 0.419 | 0.517795 |
| 2016-02-01 | 0.391 | 0.498534 |
| 2015-12-24 | 0.424 | 0.526774 |
| 2015-12-01 | 0.398 | 0.478136 |
| 2015-11-02 | 0.394 | 0.461142 |
| 2015-10-01 | 0.398 | 0.483244 |
| 2015-09-01 | 0.383 | 0.447534 |
| 2015-08-03 | 0.396 | 0.453037 |
| 2015-07-01 | 0.395 | 0.446732 |
| 2015-06-01 | 0.402 | 0.443415 |
| 2015-05-01 | 0.402 | 0.442780 |
| 2015-04-01 | 0.406 | 0.449165 |
| 2015-03-02 | 0.393 | 0.429696 |
| 2015-02-02 | 0.365 | 0.404611 |
| 2014-12-24 | 0.386 | 0.427701 |
| 2014-12-01 | 0.417 | 0.464365 |
| 2014-11-03 | 0.404 | 0.437608 |
| 2014-10-01 | 0.391 | 0.426576 |
| 2014-09-02 | 0.430 | 0.457836 |
| 2014-08-01 | 0.431 | 0.468275 |
| 2014-07-01 | 0.415 | 0.437718 |
| 2014-06-02 | 0.429 | 0.454835 |
| 2014-05-01 | 0.423 | 0.450863 |
| 2014-04-01 | 0.445 | 0.472801 |
| 2014-03-03 | 0.463 | 0.490570 |
| 2014-02-03 | 0.462 | 0.499405 |
| 2013-12-26 | 0.467 | 0.503504 |
| 2013-12-02 | 0.450 | 0.483871 |
| 2013-11-01 | 0.450 | 0.484809 |
| 2013-10-01 | 0.445 | 0.486179 |
| 2013-09-03 | 0.480 | 0.531032 |
| 2013-08-01 | 0.453 | 0.494272 |
| 2013-07-01 | 0.480 | 0.528111 |
| 2013-06-03 | 0.479 | 0.518623 |
| 2013-05-01 | 0.468 | 0.491597 |
| 2013-04-01 | 0.488 | 0.518983 |
| 2013-03-01 | 0.506 | 0.539906 |
| 2013-02-01 | 0.499 | 0.533804 |
| 2012-12-26 | 0.505 | 0.542952 |
| 2012-12-03 | 0.489 | 0.525637 |
| 2012-10-01 | 0.485 | 0.529129 |
| 2012-09-04 | 0.508 | 0.553256 |
| 2012-08-01 | 0.505 | 0.550769 |
| 2012-07-02 | 0.518 | 0.570045 |
| 2012-06-01 | 0.542 | 0.626807 |
| 2012-05-01 | 0.509 | 0.560820 |
| 2012-04-02 | 0.545 | 0.603343 |
| 2012-03-01 | 0.537 | 0.585286 |
| 2012-02-01 | 0.507 | 0.560841 |
| 2011-12-27 | 0.535 | 0.599306 |
| 2011-12-01 | 0.549 | 0.635196 |
| 2011-11-01 | 0.526 | 0.603419 |
| 2011-10-03 | 0.538 | 0.661747 |
| 2011-09-01 | 0.563 | 0.644091 |
| 2011-08-01 | 0.551 | 0.607497 |
| 2011-07-01 | 0.582 | 0.638088 |
| 2011-06-01 | 0.566 | 0.619934 |
| 2011-05-02 | 0.573 | 0.621273 |
| 2011-04-01 | 0.570 | 0.624452 |
| 2011-03-01 | 0.579 | 0.630856 |
| 2011-02-01 | 0.589 | 0.644632 |
| 2010-12-28 | 0.577 | 0.643040 |
| 2010-12-01 | 0.588 | 0.659045 |
| 2010-11-01 | 0.601 | 0.668000 |
| 2010-10-01 | 0.587 | 0.657924 |
| 2010-09-01 | 0.625 | 0.714612 |
| 2010-08-02 | 0.599 | 0.676989 |
| 2010-07-01 | 0.623 | 0.735711 |
| 2010-06-01 | 0.643 | 0.769415 |
| 2010-05-03 | 0.640 | 0.721127 |
| 2010-04-01 | 0.658 | 0.752000 |
| 2010-03-01 | 0.646 | 0.746045 |
| 2010-02-01 | 0.663 | 0.771110 |
| 2009-12-29 | 0.580 | 0.664147 |
| 2009-12-01 | 0.622 | 0.725788 |
| 2009-11-02 | 0.703 | 0.825699 |
| 2009-10-01 | 0.705 | 0.845425 |
| 2009-09-01 | 0.703 | 0.869511 |
| 2009-08-03 | 0.709 | 0.845054 |
| 2009-07-01 | 0.725 | 0.915635 |
| 2009-06-01 | 0.715 | 0.905637 |
| 2009-05-01 | 0.591 | 0.782160 |
| 2009-04-01 | 0.806 | 1.201192 |
| 2009-03-02 | 0.719 | 1.103607 |
| 2009-02-02 | 0.753 | 1.032922 |
| 2008-12-29 | 0.524 | 0.695976 |
| 2008-12-01 | 0.698 | 1.087227 |
| 2008-11-03 | 0.690 | 0.959800 |
| 2008-10-01 | 0.690 | 0.813200 |
| 2008-09-02 | 0.620 | 0.675381 |
| 2008-08-01 | 0.663 | 0.714286 |
| 2008-07-01 | 0.651 | 0.698123 |
| 2008-06-02 | 0.634 | 0.655094 |
| 2008-05-01 | 0.568 | 0.563380 |
| 2008-04-01 | 0.642 | 0.665630 |
| 2008-03-03 | 0.616 | 0.643073 |
| 2008-02-01 | 0.664 | 0.675689 |
| 2007-12-27 | 0.565 | 0.556705 |
| 2007-12-03 | 0.642 | 0.627014 |
| 2007-11-01 | 0.680 | 0.663415 |
| 2007-10-01 | 0.645 | 0.621687 |
| 2007-09-04 | 0.623 | 0.612285 |
| 2007-08-01 | 0.630 | 0.653188 |
| 2007-07-02 | 0.603 | 0.591176 |
| 2007-06-01 | 0.586 | 0.557511 |
| 2007-05-01 | 0.293 | 0.278173 |
| Attribute | Value |
|---|---|
| All Time High | 106.47 |
| All Time Low | 61.5 |
| Ask | 79.74 |
| Ask Size | 41,700 |
| Average Daily Volume10 Day | 29,900,230 |
| Average Daily Volume3 Month | 31,526,012 |
| Average Volume | 31,526,012 |
| Average Volume10Days | 29,900,230 |
| Beta3 Year | 0.66 |
| Bid | 79.69 |
| Bid Size | 44,300 |
| Book Value | 87.966 |
| Category | High Yield Bond |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 79.945 |
| Day Low | 79.66 |
| Dividend Yield | 5.94 |
| Eps Forward | 0.06 |
| Eps Trailing Twelve Months | 7.2726674 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 79.655 |
| Fifty Day Average Change | 0.084999084 |
| Fifty Day Average Change Percent | 0.0010670904 |
| Fifty Two Week Change Percent | -0.6468475 |
| Fifty Two Week High | 81.36 |
| Fifty Two Week High Change | -1.6200027 |
| Fifty Two Week High Change Percent | -0.019911539 |
| Fifty Two Week Low | 78.57 |
| Fifty Two Week Low Change | 1.1699982 |
| Fifty Two Week Low Change Percent | 0.014891157 |
| Fifty Two Week Range | 78.57 - 81.36 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,176,298,200,000 |
| Five Year Average Return | 0.0371168 |
| Forward P E | 1,329.0 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.130005 |
| Fullday Change Percent | -0.162771 |
| Fullday Price | 79.67 |
| Fund Family | iShares |
| Fund Inception Date | 1,175,644,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The underlying index is a rules-based index consisting of U.S. dollar-denominated, high yield corporate bonds for sale in the U.S. The fund will invest at least 80% of its assets in the component securities of the underlying index, and the fund will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that the advisor believes will help the fund track the underlying index. |
| Long Name | iShares iBoxx $ High Yield Corporate Bond ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_33837611 |
| Nav Price | 79.72136 |
| Net Assets | 17,113,127,900.0 |
| Net Expense Ratio | 0.49 |
| Open | 79.9 |
| Phone | 415-670-2000 |
| Post Market Change | -0.069999695 |
| Post Market Change Percent | -0.08778492 |
| Post Market Price | 79.67 |
| Post Market Time | 1,787,961,125 |
| Previous Close | 79.87 |
| Price Hint | 2 |
| Price To Book | 0.9064865 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.130005 |
| Regular Market Change Percent | -0.162771 |
| Regular Market Day High | 79.945 |
| Regular Market Day Low | 79.66 |
| Regular Market Day Range | 79.66 - 79.945 |
| Regular Market Open | 79.9 |
| Regular Market Previous Close | 79.87 |
| Regular Market Price | 79.74 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 35,119,569 |
| Shares Outstanding | 195,600,000 |
| Short Name | iShares iBoxx $ High Yield Corp |
| Source Interval | 15 |
| Symbol | HYG |
| Three Year Average Return | 0.085209705 |
| Total Assets | 17,113,127,936 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 3.803 |
| Trailing Annual Dividend Yield | 0.047614872 |
| Trailing P E | 10.96434 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 0.28938 |
| Trailing Three Month Returns | 0.28938 |
| Triggerable | 1 |
| Two Hundred Day Average | 80.1469 |
| Two Hundred Day Average Change | -0.4068985 |
| Two Hundred Day Average Change Percent | -0.005076909 |
| Type Disp | ETF |
| Volume | 35,119,569 |
| Yield | 0.0594 |
| Ytd Return | 1.3586 |