iShares iBoxx $ High Yield Corporate Bond ETF
iShares Trust · Series S000016772 · 1 share classes
data updated 2026-08-10
Fund profile
As filed in the prospectus · 2026 Q2
The iShares iBoxx $ High Yield Corporate Bond ETF (the Fund ) seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds.
The fund tracks the iBoxx USD Liquid High Yield Index using representative sampling, holding a sample of high yield corporate bonds selected to match the index's investment characteristics, sector weights, and credit profile rather than all constituents. Because the fund does not hold all index components, its returns may diverge from the index. The fund concentrates its holdings in industries to the same extent as the index, which as of the filing date held a significant portion in consumer goods and services.
| Share class | Expense ratio |
|---|---|
| HYG | 0.49% |
Portfolio turnover 22.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q1
| Bonds | 97.22% |
| Cash & short-term | 17.08% |
| Loans | 0.13% |
| Stocks | 0.01% |
These positions come to 114.44% of the fund's net assets. This counts only what the fund reported holding — the holdings disclosure covers assets, not liabilities such as borrowings — so it is not expected to reconcile to 100%.
Latest quarter
What changed since the fund's previous filing
Largest new: ASURION LLC/ASURION CO ×2, ECHOSTAR CORP, MAUSER PACKAGING SOLUT, CONNECT HOLDING II LLC, VENTURE GLOBAL PLAQUE, LEVEL 3 FINANCING INC, CCO HLDGS LLC/CAP CORP
Largest exited: MAUSER PACKAGING SOLUT ×2, BOOST NEWCO BORROWER LLC, CELANESE US HOLDINGS LLC, ALBERTSONS COS/SAFEWAY, POST HOLDINGS INC, HERC HOLDINGS INC, SPIRIT AEROSYSTEMS INC
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-02-28
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 99.9% |
| Floating rate | 0.1% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 0.7% |
| 1-3y | 20.2% |
| 3-5y | 37.6% |
| 5-10y | 38.5% |
| 10y+ | 3.0% |
These three overlap — one holding can be in arrears and paying in kind at once — so they are shown separately and never summed.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q1
More of this fund’s sensitivity sits in credit spreads than in interest rates — a rate rally that comes with a credit selloff works against it.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Credit spreads | 66% |
| Interest rates | 34% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| High yield | +2.78 yr |
| Investment grade | +0.02 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.03 yr | 2% |
| 1 yr | 0.27 yr | 19% |
| 5 yr | 1.07 yr | 75% |
| 10 yr | 0.07 yr | 5% |
30 yr is NEGATIVE (-0.00 yr) — a deliberate hedge at that point on the curve, so it is not part of the band above.
| 3 mo | 0.02 yr | 1% |
| 1 yr | 0.33 yr | 12% |
| 5 yr | 2.34 yr | 84% |
| 10 yr | 0.10 yr | 4% |
| 30 yr | 0.01 yr | 0% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.03 | +0.00 | +0.02 | $123 | $33.4k |
| 1 yr | +0.27 | +0.00 | +0.33 | $0 | $547.0k |
| 5 yr | +1.07 | +0.02 | +2.32 | $33.5k | $3.89m |
| 10 yr | +0.07 | +0.00 | +0.10 | $0 | $165.5k |
| 30 yr | -0.00 | +0.00 | +0.01 | $0 | $9.6k |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | BlackRock Funds III | 15.84% | $2.65B | — |
| — | BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES | 1.24% | $207.61M | — |
| — | 1261229 BC LTD10.00% · due 2032-04-15 | 0.52% | $87.51M | — |
| — | QUIKRETE HOLDINGS INC6.38% · due 2032-03-01 | 0.39% | $64.54M | — |
| — | ASURION LLC/ASURION CO8.00% · due 2032-12-31 | 0.35% | $58.40M | — |
| — | CLOUD SOFTWARE GRP INC6.50% · due 2029-03-31 | 0.35% | $57.96M | — |
| — | CLOUD SOFTWARE GRP INC9.00% · due 2029-09-30 | 0.34% | $57.84M | — |
| — | DISH NETWORK CORP11.75% · due 2027-11-15 | 0.34% | $56.62M | — |
| — | ECHOSTAR CORP10.75% · due 2029-11-30 | 0.32% | $53.69M | — |
| — | WULF COMPUTE LLC7.75% · due 2030-10-15 | 0.31% | $51.70M | — |
Top 10 positions are 20.00% of net assets, top 25 23.81%, across 525 issuers.
See more of this fund's book
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