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Upturn AI SWOT - About
HYBI (HYBI)
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Upturn Advisory Summary
03/18/2025: HYBI (1-star) is a SELL. SELL since 5 days. Profits (-0.98%). Updated daily EoD!
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
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -0.98% | Avg. Invested days 23 | Today’s Advisory SELL |
Upturn Star Rating | Upturn Advisory Performance  1.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/18/2025 |
Key Highlights
Volume (30-day avg) 13763 | Beta - | 52 Weeks Range 49.87 - 51.12 | Updated Date 03/27/2025 |
52 Weeks Range 49.87 - 51.12 | Updated Date 03/27/2025 |
Upturn AI SWOT
HYBI
ETF Overview
Overview
The iShares iBoxx High Yield Corporate Bond ETF (HYBI) seeks to track the investment results of the Markit iBoxx USD Liquid High Yield Index, which is composed of U.S. dollar-denominated, high yield corporate bonds. It provides exposure to a broad range of below-investment grade corporate debt.
Reputation and Reliability
BlackRock is the world's largest asset manager with a strong reputation for providing reliable and innovative investment products.
Management Expertise
BlackRock's fixed income team has extensive experience in managing bond portfolios and ETFs.
Investment Objective
Goal
To track the investment results of the Markit iBoxx USD Liquid High Yield Index.
Investment Approach and Strategy
Strategy: HYBI employs a passive management strategy, seeking to replicate the performance of its benchmark index.
Composition The ETF primarily holds U.S. dollar-denominated high yield corporate bonds.
Market Position
Market Share: Data is not available to determine an exact market share, as defining the overall high yield ETF 'market' is subjective.
Total Net Assets (AUM): 721400000
Competitors
Key Competitors
- HYG
- SPHY
- JNK
Competitive Landscape
The high-yield corporate bond ETF market is competitive, dominated by HYG and JNK. HYBI offers a similar exposure but with a smaller AUM. HYBI's advantage might lie in slight differences in index construction or expense ratio, however HYG's liquidity is significantly higher. HYBI's disadvantage lies in its smaller AUM, which can affect liquidity and tracking error compared to its larger competitors.
Financial Performance
Historical Performance: Historical performance data can be found on financial websites. Performance varies based on market conditions.
Benchmark Comparison: HYBI's performance closely tracks the Markit iBoxx USD Liquid High Yield Index. Tracking error may exist.
Expense Ratio: 0.15
Liquidity
Average Trading Volume
HYBI's average trading volume indicates moderate liquidity, although lower than HYG and JNK.
Bid-Ask Spread
The bid-ask spread can fluctuate depending on market conditions, but typically is greater than HYG and JNK.
Market Dynamics
Market Environment Factors
Economic growth, interest rate changes, and credit spreads significantly impact HYBI's performance.
Growth Trajectory
HYBI's growth depends on investor demand for high yield bonds and its ability to attract assets compared to its competitors. There have been no strategic shift in focus.
Moat and Competitive Advantages
Competitive Edge
HYBI's competitive edge lies in BlackRock's brand recognition and established presence in the ETF market. Its low expense ratio is another potentially attractive aspect. It provides focused exposure to the high-yield corporate bond sector. However, it lacks the scale and liquidity of its larger competitors. BlackRock's expertise in managing fixed income investments adds credibility.
Risk Analysis
Volatility
HYBI's volatility reflects the inherent risk of high yield bonds, which are sensitive to economic conditions and credit risk.
Market Risk
HYBI is subject to market risk, including interest rate risk, credit risk, and liquidity risk.
Investor Profile
Ideal Investor Profile
HYBI is suitable for investors seeking income and willing to accept moderate risk associated with high yield bonds. Investors with a positive view on the economy and expectations for stable or improving credit conditions are likely to be drawn to HYBI.
Market Risk
HYBI is more appropriate for long-term investors seeking income diversification, but may be used by active traders looking to express a view on high yield credit.
Summary
HYBI provides exposure to U.S. dollar-denominated high yield corporate bonds, managed by BlackRock. Its performance closely tracks its benchmark index, with a moderate expense ratio. While it offers a low expense ratio, it competes with larger, more liquid ETFs like HYG and JNK. It is appropriate for investors seeking income and diversification within their fixed income portfolio and those expecting stable or improving credit conditions. HYBI is exposed to market risk, including interest rate and credit risk, inherent to high yield bonds.
Similar Companies
- HYG
- JNK
- SPHY
- ANGL
- USHY
Sources and Disclaimers
Data Sources:
- iShares website
- Morningstar
- Bloomberg
- ETF.com
Disclaimers:
The information provided is for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results. Investment decisions should be based on your own research and due diligence.
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 HYBI
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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