|Day Lo||-||Day Hi||-|
This ETF offers exposure to the global high yield bond market, making GHYG one of many options available to investors looking to gain access to junk bonds. GHYG could be a component of a long-term, buy-and-hold portfolio, especially since many broad-based bond ETFs focus only on the investment grade segment of the market. This ETF could also be a useful tactical tool for beefing up current returns or increasing the risk exposure within a fixed income portfolio. Junk bonds have potential to deliver substantial returns, though they are subject to significant volatility in certain environments. For investors with the tolerance for such risk, GHYG offers a way to tap into an asset class that has tremendous potential but is often overlooked or underweighted in portfolios. Most of the ETFs in the High Yield Bonds ETFdb Category focus exclusively on debt of U.S. issuers; by contrast, GHYG includes international securities as well. It should be noted, however, that there is a huge tilt towards the U.S., with U.S. issuers accounting for the majority of exposure. Moreover, the international component is dominated by Canada and Western Europe, with little or no weight afforded to emerging markets or developed Asian economies. For those looking to access junk bonds elsewhere in the world, EMHY and HYXU might be useful tools for ex-U.S. exposure.
The adjacent table gives investors an individual Realtime Rating for GHYG on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the High Yield Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
|Cash And Equivalents||0.75%|
|Commercial Mortgage Backed||0.13%|
|Agency Mortgage Backed||0.0%|
|Non Agency Residential Mortgage Backed||0.0%|
|US Municipal Tax Advantaged||0.0%|
|0% to 1%||0.78%|
|1% to 2%||0.22%|
|2% to 3%||2.98%|
|3% to 4%||8.32%|
|4% to 5%||15.05%|
|5% to 6%||30.35%|
|6% to 7%||20.24%|
|7% to 8%||11.76%|
|8% to 9%||3.93%|
|9% to 10%||1.9%|
|Greater Than 10%||2.48%|
|Less Than 1 Year||0.06%|
This ETF is not currently available for commission free trading on any platforms.
There are 17 other ETFs in the High Yield Bonds ETFdb Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of GHYG relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
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