iShares High Yield Corporate Bond Buywrite Strategy ETF (HYGW)High Yield Bond | Exchange Traded Fund | Cboe US
29.23 USD
+0.01
(0.034%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 29.23 Short-term: ★★★☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★☆☆☆ |
Hot Take | April 18, 2026, 7:53 p.m. EDT
HYGW offers a deceptive 12.23% yield that masks a severe 'yield trap' characterized by steady share price erosion and a NAV-erosive payout structure; while recent momentum shows a flat stabilization near $29.22, the long-term trajectory is fundamentally negative due to declining distributions relative to historical norms, making it a high-risk income vehicle suitable only for short-term yield capture with no expectation of capital preservation. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.004500 |
| MSTL | 0.006448 |
| AutoETS | 0.006458 |
| AutoARIMA | 0.006878 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 45% |
| H-stat | 8.71 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.152 |
| Excess Kurtosis | -0.65 |
| Attribute | Value |
|---|---|
| Trailing P/E | 10.09 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.62% | 13.17% | 15.05% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-02 | 0.472 | 1.622551 |
| 2026-03-03 | 0.189 | 0.648659 |
| 2026-02-03 | 0.220 | 0.754253 |
| 2025-12-23 | 0.237 | 0.819909 |
| 2025-12-02 | 0.240 | 0.834662 |
| 2025-11-04 | 0.281 | 0.982799 |
| 2025-10-02 | 0.268 | 0.939976 |
| 2025-09-03 | 0.160 | 0.565717 |
| 2025-08-04 | 0.298 | 1.061717 |
| 2025-07-02 | 0.419 | 1.500651 |
| 2025-06-03 | 0.387 | 1.399733 |
| 2025-05-02 | 0.560 | 2.034505 |
| 2025-04-02 | 0.351 | 1.271977 |
| 2025-03-04 | 0.210 | 0.760560 |
| 2025-02-04 | 0.330 | 1.200070 |
| 2024-12-20 | 0.358 | 1.310500 |
| 2024-12-03 | 0.243 | 0.885098 |
| 2024-11-04 | 0.207 | 0.762711 |
| 2024-10-02 | 0.313 | 1.149981 |
| 2024-09-04 | 0.224 | 0.828754 |
| 2024-08-02 | 0.280 | 1.049360 |
| 2024-07-02 | 0.361 | 1.361236 |
| 2024-06-04 | 0.381 | 1.446889 |
| 2024-05-02 | 0.323 | 1.233044 |
| 2024-04-02 | 0.395 | 1.508068 |
| 2024-03-04 | 0.424 | 1.627258 |
| 2024-02-02 | 0.396 | 1.536920 |
| 2023-12-22 | 0.547 | 2.146071 |
| 2023-12-04 | 0.229 | 0.904507 |
| 2023-11-02 | 0.413 | 1.656090 |
| 2023-10-03 | 0.362 | 1.462983 |
| 2023-09-05 | 0.393 | 1.549428 |
| 2023-08-02 | 0.242 | 0.955540 |
| 2023-07-05 | 0.495 | 1.970162 |
| 2023-06-02 | 0.450 | 1.799827 |
| 2023-05-02 | 0.401 | 1.614692 |
| 2023-04-04 | 0.858 | 3.477730 |
| 2023-03-02 | 0.380 | 1.558166 |
| 2023-02-02 | 0.576 | 2.321930 |
| 2022-12-23 | 0.599 | 2.499329 |
| 2022-12-02 | 0.490 | 2.049544 |
| 2022-11-02 | 0.698 | 2.982273 |
| 2022-10-04 | 0.787 | 3.360930 |
| 2022-09-02 | 0.586 | 2.501756 |
| Attribute | Value |
|---|---|
| All Time High | 39.96 |
| All Time Low | 29.01 |
| Ask | 29.5 |
| Ask Size | 600 |
| Average Daily Volume10 Day | 60,520 |
| Average Daily Volume3 Month | 56,800 |
| Average Volume | 56,800 |
| Average Volume10Days | 60,520 |
| Beta3 Year | 0.29 |
| Bid | 28.0 |
| Bid Size | 800 |
| Category | High Yield Bond |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 29.33 |
| Day Low | 29.215 |
| Dividend Yield | 12.23 |
| Eps Trailing Twelve Months | 2.8966484 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 29.53736 |
| Fifty Day Average Change | -0.3073597 |
| Fifty Day Average Change Percent | -0.010405795 |
| Fifty Two Week Change Percent | -4.881221 |
| Fifty Two Week High | 31.184 |
| Fifty Two Week High Change | -1.9540005 |
| Fifty Two Week High Change Percent | -0.06266035 |
| Fifty Two Week Low | 29.01 |
| Fifty Two Week Low Change | 0.21999931 |
| Fifty Two Week Low Change Percent | 0.0075835683 |
| Fifty Two Week Range | 29.01 - 31.184 |
| First Trade Date Milliseconds | 1,661,175,000,000 |
| Full Exchange Name | Cboe US |
| Fund Family | iShares |
| Fund Inception Date | 1,660,780,800 |
| 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 fund will seek to write call options up to (but not exceeding) the full amount of shares of the underlying fund held in the fund (i.e., the short position in the call option is offset, or “covered,” by the long position the fund holds in shares of the underlying fund). The underlying index utilizes “European-style” call options. |
| Long Name | iShares High Yield Corporate Bond Buywrite Strategy ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1780838005 |
| Nav Price | 29.18874 |
| Net Assets | 172,639,744.0 |
| Net Expense Ratio | 0.69 |
| Open | 29.215 |
| Phone | 415-670-2000 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 29.23 |
| Post Market Time | 1,776,464,581 |
| Previous Close | 29.22 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0100002 |
| Regular Market Change Percent | 0.0342239 |
| Regular Market Day High | 29.33 |
| Regular Market Day Low | 29.215 |
| Regular Market Day Range | 29.215 - 29.33 |
| Regular Market Open | 29.215 |
| Regular Market Previous Close | 29.22 |
| Regular Market Price | 29.23 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 164,230 |
| Short Name | iShares High Yield Corporate Bo |
| Source Interval | 15 |
| Symbol | HYGW |
| Three Year Average Return | 0.056683503 |
| Total Assets | 172,639,744 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 10.090973 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 0.32324 |
| Trailing Three Month Returns | 0.32324 |
| Triggerable | 1 |
| Two Hundred Day Average | 29.96255 |
| Two Hundred Day Average Change | -0.73254967 |
| Two Hundred Day Average Change Percent | -0.024448844 |
| Type Disp | ETF |
| Volume | 164,230 |
| Yield | 0.1223 |
| Ytd Return | 0.32324 |