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FlexShares High Yield Value-Scored Bond Index Fund (HYGV)

High Yield Bond | Exchange Traded Fund | NYSEArca
40.00 USD -0.09 (-0.224%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★⯪☆
Hot Take | July 11, 2026, 3:54 a.m. EDT

The high-yield bond fund offers a robust 7.37% distribution, which is attractive for income-focused investors seeking stability above inflation. However, the underlying price trajectory tells a different story; over the last seven years, the asset has lost nearly 19% of its value, indicating that the market has consistently priced in lower credit spreads or higher default risks despite the steady payouts. While the most recent annual return was flat, the long-term trend remains structurally negative, suggesting the current yield may be compensating for persistent capital erosion rather than signaling a turnaround. For the short term, the price is hovering near its 52-week lows with no immediate momentum catalyst to reverse the downtrend, making it a neutral hold rather than a compelling entry.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.007922
AutoTheta0.007973
MSTL0.008604
AutoARIMA0.009163

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 78%
H-stat 0.79
Ljung-Box p 0.000
Jarque-Bera p 0.969
Excess Kurtosis -0.08

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.61% 7.31% 7.97% 7.97%
Dividend History
Date Dividend Yield %
2026-07-01 0.244 0.609315
2026-06-01 0.257 0.640259
2026-05-01 0.249 0.617713
2026-04-01 0.254 0.636273
2026-03-02 0.226 0.558025
2026-02-02 0.244 0.598039
2025-12-19 0.203 0.500062
2025-12-01 0.295 0.724994
2025-11-03 0.244 0.601281
2025-10-01 0.243 0.591961
2025-09-02 0.254 0.624385
2025-08-01 0.247 0.608524
2025-07-01 0.253 0.621011
2025-06-02 0.275 0.683909
2025-05-01 0.265 0.669192
2025-04-01 0.263 0.653985
2025-03-03 0.258 0.631115
2025-02-03 0.249 0.609100
2024-12-20 0.269 0.661909
2024-12-02 0.265 0.642736
2024-11-01 0.258 0.632663
2024-10-01 0.258 0.623640
2024-09-03 0.287 0.701197
2024-08-01 0.262 0.643893
2024-07-01 0.268 0.668163
2024-06-03 0.283 0.701363
2024-05-01 0.283 0.703805
2024-04-01 0.310 0.763171
2024-03-01 0.282 0.690500
2024-02-01 0.311 0.760949
2023-12-15 0.317 0.781944
2023-12-01 0.288 0.717489
2023-11-01 0.310 0.798352
2023-10-02 0.302 0.770212
2023-09-01 0.305 0.755886
2023-08-01 0.289 0.719442
2023-07-03 0.286 0.713128
2023-06-01 0.300 0.754167
2023-05-01 0.292 0.728725
2023-04-03 0.311 0.769707
2023-03-01 0.273 0.678429
2023-02-01 0.311 0.745446
2022-12-16 0.282 0.696812
2022-12-01 0.281 0.685199
2022-11-01 0.285 0.711255
2022-10-03 0.282 0.718288
2022-09-01 0.261 0.639079
2022-08-01 0.250 0.589692
2022-07-01 0.253 0.626083
2022-06-01 0.254 0.581369
2022-05-02 0.229 0.521878
2022-04-01 0.231 0.500325
2022-03-01 0.209 0.447346
2022-02-01 0.229 0.478179
2021-12-17 1.131 2.322382
2021-12-01 0.215 0.443299
2021-11-01 0.212 0.430020
2021-10-01 0.197 0.396378
2021-09-01 0.207 0.414747
2021-08-02 0.179 0.360306
2021-07-01 0.205 0.410000
2021-06-01 0.223 0.450587
2021-05-03 0.226 0.455930
2021-04-01 0.244 0.493977
2021-03-01 0.209 0.422820
2021-02-01 0.253 0.515485
2020-12-18 0.275 0.563756
2020-12-01 0.266 0.550588
2020-11-02 0.274 0.592945
2020-10-01 0.262 0.565264
2020-09-01 0.288 0.611205
2020-08-03 0.257 0.549909
2020-07-01 0.247 0.550111
2020-06-01 0.220 0.490798
2020-05-01 0.224 0.530806
2020-04-01 0.245 0.613113
2020-03-02 0.226 0.474491
2020-02-03 0.250 0.517598
2019-12-20 0.251 0.518081
2019-12-02 0.228 0.481013
2019-11-01 0.255 0.533194
2019-10-01 0.352 0.734205
2019-09-03 0.330 0.688921
2019-08-01 0.421 0.876846
2019-07-01 0.379 0.781685
2019-06-03 0.292 0.612802
2019-05-01 0.278 0.571006
2019-04-01 0.385 0.797349
2019-03-01 0.301 0.626431
2019-02-01 0.388 0.818721
2018-12-21 0.428 0.950435
2018-12-03 0.455 0.952680
2018-11-01 0.431 0.887014
2018-10-01 0.461 0.923903
2018-09-04 0.472 0.944945
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 7.37

Info Dump

Attribute Value
All Time High 50.47
All Time Low 36.86
Ask 0.0
Ask Size 800
Average Daily Volume10 Day 107,460
Average Daily Volume3 Month 115,111
Average Volume 115,111
Average Volume10Days 107,460
Beta3 Year 0.61
Bid 0.0
Bid Size 700
Category High Yield Bond
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 40.1
Day Low 39.98
Dividend Yield 7.37
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 40.186
Fifty Day Average Change -0.18600082
Fifty Day Average Change Percent -0.004628498
Fifty Two Week Change Percent -1.3533473
Fifty Two Week High 41.316
Fifty Two Week High Change -1.3160019
Fifty Two Week High Change Percent -0.03185211
Fifty Two Week Low 39.55
Fifty Two Week Low Change 0.45000076
Fifty Two Week Low Change Percent 0.011378022
Fifty Two Week Range 39.55 - 41.316
First Trade Date Milliseconds 1,531,920,600,000
Five Year Average Return 0.0334146
Full Exchange Name NYSEArca
Fund Family Flexshares Trust
Fund Inception Date 1,531,785,600
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 designed to reflect the performance of a diversified universe of high yield, U.S.-dollar denominated bonds of companies exhibiting favorable fundamental qualities, market valuations and liquidity, as defined by NTI’s proprietary scoring models. The fund generally will invest under normal circumstances at least 80% of its total assets (exclusive of collateral held from securities lending) in the securities of its index.
Long Name FlexShares High Yield Value-Scored Bond Index Fund
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_557846515
Nav Price 40.0713
Net Assets 1,102,703,230.0
Net Expense Ratio 0.37
Open 40.1
Phone 1-855-353-9383
Pre Market Change -0.005001068
Pre Market Change Percent -0.0125011075
Pre Market Price 40.0
Pre Market Time 1,784,016,009
Previous Close 40.09
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.0900002
Regular Market Change Percent -0.224495
Regular Market Day High 40.1
Regular Market Day Low 39.98
Regular Market Day Range 39.98 - 40.1
Regular Market Open 40.1
Regular Market Previous Close 40.09
Regular Market Price 40.0
Regular Market Time 1,783,972,800
Regular Market Volume 68,309
Short Name FlexShares High Yield Value-Sco
Source Interval 15
Symbol HYGV
Three Year Average Return 0.0766088
Total Assets 1,102,703,232
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 2.68596
Trailing Three Month Returns 2.68596
Triggerable 1
Two Hundred Day Average 40.55827
Two Hundred Day Average Change -0.5582695
Two Hundred Day Average Change Percent -0.013764628
Type Disp ETF
Volume 68,309
Yield 0.073699996
Ytd Return 1.89701