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Upturn AI SWOT - About
iShares BB Rated Corporate Bond ETF (HYBB)
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Upturn Advisory Summary
03/18/2025: HYBB (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 1.92% | Avg. Invested days 53 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/18/2025 |
Key Highlights
Volume (30-day avg) 20290 | Beta 0.85 | 52 Weeks Range 42.54 - 46.63 | Updated Date 03/28/2025 |
52 Weeks Range 42.54 - 46.63 | Updated Date 03/28/2025 |
Upturn AI SWOT
iShares BB Rated Corporate Bond ETF
ETF Overview
Overview
The iShares BB Rated Corporate Bond ETF (HYBB) seeks to track the investment results of an index composed of U.S. dollar-denominated, BB-rated corporate bonds. It provides exposure to the high yield corporate bond market, focusing on securities with a BB credit rating. The ETF invests in a diversified portfolio of these bonds, aiming to replicate the performance of its underlying index.
Reputation and Reliability
BlackRock is a leading global asset manager with a strong reputation for providing reliable investment products.
Management Expertise
BlackRock has a highly experienced management team with deep expertise in fixed-income investing.
Investment Objective
Goal
The investment seeks to track the investment results of the ICE BofA BB US Corporate Index, which measures the performance of U.S. dollar-denominated, investment-grade corporate bonds rated BB.
Investment Approach and Strategy
Strategy: The ETF employs a replication strategy, attempting to hold all of the bonds in its underlying index.
Composition The ETF holds a portfolio of U.S. dollar-denominated corporate bonds rated BB.
Market Position
Market Share: Data unavailable to determine current market share of HYBB in its specific BB rated corporate bond ETF segment.
Total Net Assets (AUM): 2100000000
Competitors
Key Competitors
- Xtrackers USD High Yield Corporate Bond ETF (HYLB)
- VanEck Fallen Angel High Yield Bond ETF (ANGL)
- SPDR Portfolio High Yield Bond ETF (SPHY)
Competitive Landscape
The competitive landscape includes several high-yield corporate bond ETFs, each with varying investment strategies and expense ratios. HYBB competes on its targeted BB-rated exposure. Competitors may offer broader or more niche high-yield strategies, impacting portfolio diversification and risk/return profiles. HYBB's advantage lies in its specific focus, while disadvantages stem from narrower exposure compared to broader high-yield funds.
Financial Performance
Historical Performance: Historical performance data not available.
Benchmark Comparison: Benchmark comparison data not available.
Expense Ratio: 0.3
Liquidity
Average Trading Volume
The average trading volume for HYBB provides adequate liquidity for most investors.
Bid-Ask Spread
The bid-ask spread for HYBB is generally tight, minimizing trading costs.
Market Dynamics
Market Environment Factors
Economic growth, interest rate changes, credit spreads, and overall market sentiment influence HYBB's performance. A strong economy and low interest rates typically support corporate bond prices.
Growth Trajectory
The growth trajectory of HYBB depends on the demand for BB-rated corporate bond exposure. Changes in credit ratings and market conditions can affect the ETF's composition and performance.
Moat and Competitive Advantages
Competitive Edge
HYBB's competitive advantage lies in its specific focus on BB-rated corporate bonds, offering targeted exposure to this segment of the high-yield market. This specialization can appeal to investors seeking a particular risk/return profile within the broader high-yield space. BlackRock's brand reputation and expertise in fixed-income investing also contribute to the ETF's attractiveness. The ETF offers a relatively low expense ratio compared to some competitors further enhancing its value proposition.
Risk Analysis
Volatility
HYBB's volatility is typically higher than investment-grade bond ETFs but lower than ETFs focusing on lower-rated high-yield bonds.
Market Risk
HYBB is subject to credit risk (risk of default) and interest rate risk (risk of price decline due to rising interest rates). Credit spreads can also widen during economic downturns, negatively impacting the ETF's value.
Investor Profile
Ideal Investor Profile
The ideal investor profile for HYBB is a risk-tolerant investor seeking higher yields than investment-grade bonds while accepting moderate credit risk. It can be suitable for investors diversifying a fixed-income portfolio.
Market Risk
HYBB is best suited for long-term investors seeking income and diversification within a fixed-income portfolio. It is less suitable for risk-averse investors or those with a short investment horizon.
Summary
The iShares BB Rated Corporate Bond ETF (HYBB) offers targeted exposure to BB-rated U.S. corporate bonds. It aims to track the ICE BofA BB US Corporate Index, providing diversification within the high-yield market segment. The ETF carries credit and interest rate risks, but its focus on BB-rated bonds positions it between investment-grade and lower-rated high-yield options. BlackRock's management and a reasonable expense ratio add to its appeal for income-seeking investors with moderate risk tolerance.
Similar Companies
- HYLB
- ANGL
- SPHY
- JNK
- CIU
Sources and Disclaimers
Data Sources:
- iShares.com
- BlackRock.com
- Morningstar.com
- ETF.com
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investment decisions should be made based on individual circumstances and after consulting with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About iShares BB Rated Corporate Bond ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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 BFA believes will help the fund track the underlying index.
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