GHYG Global High Yield Corporate Bond Fund

  • ETF
  • GHYG
  • Category
  • High Yield Bonds
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GHYG - Profile

Vitals

Investment Themes

Alternative ETFs in the High Yield Bonds Category

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Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest
Largest (AUM)
Most Liquid (Volume)
Top YTD Performer

Description

The Underlying Index is a rules-based index consisting of high yield corporate bonds denominated in U.S. dollars, Euros, British pounds sterling and Canadian dollars. The Underlying Index is also a market value weighted index with a cap on each issuer of 3%.

Realtime Rating

GHYG - Realtime Rating

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Realtime Rating Summary

GHYG is a passive ETF that seeks to replicate Markit iBoxx Global Developed Markets High Yield Index. The Underlying Index is a rules-based index consisting of high yield corporate bonds denominated in U.S. dollars, Euros, British pounds sterling and Canadian dollars. The Underlying Index is also a market value weighted index with a cap on each issuer of 3%.

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.

GHYG Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B- n/a
Expenses A n/a
Performance
Volatility
Dividend
Concentration

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GHYG In-Depth Analysis

The following tables and charts contain in-depth metrics for GHYG and compare it to similar peer ETFs within its ETFdb Category.

Holdings

GHYG - Holdings

Filings Data as of: Apr 05, 2015
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Top Ten Holdings

  1. Wind Acquisition Fin Sa 144A 7.375%
    0.45%
  2. Hca 6.5%
    0.37%
  3. Tenet Healthcare 8.125%
    0.36%
  4. Sprint 7.875%
    0.33%
  5. First Data 12.625%
    0.32%
  6. Sprint Nextel 144A 9%
    0.31%
  7. Chrysler Grp Llc / Cg Co-Iss 8.25%
    0.30%
  8. Wind Acquisition Fin Sa Sr Secured Regs 07/20 4
    0.29%
  9. Commerzbank Ag 7.75%
    0.29%
  10. Unicredit Spa 6.95%
    0.29%

Concentration Analysis

This section compares how balanced and deep GHYG is relative to the peer group ETFdb Category.

Number of Holdings
GHYG Rank:
GHYG 958
Category Low
Category High
% Assets in Top 10
GHYG Rank:
GHYG 3.30%
Category Low
Category High

GHYG Asset Allocation

Asset Percentage
U.S. Stocks 0.0%
International Stocks 0.0%
U.S. Bonds 62.17%
International Bonds 25.83%
Preferred Stock 0.38%
Convertibles 0.14%
Cash 2.16%
Other 9.32%

GHYG Bond Sector Breakdown

Bond Sector Percentage
Treasury 0.0%
TIPS 0.0%
U.S. Agency 0.0%
MBS 0.0%
U.S. Corporate 0.0%
Asset-Backed 0.0%
Convertible 0.0%
Muni 0.0%
Foreign Government 0.0%
Foreign Corporate 0.0%
Other 100.0%

GHYG Bond Detailed Sector Breakdown

Bond Sector Percentage
Corporate Bond 81.91%
Government 1.38%
Convertible 1.03%
Cash And Equivalents 0.99%
Commercial Mortgage Backed 0.64%
Future Forward 0.45%
Agency Mortgage Backed 0.0%
Non Agency Residential Mortgage Backed 0.0%
Covered Bond 0.0%
Preferred 0.0%
Asset Backed 0.0%
Sector Swap 0.0%
Bank Loan 0.0%
US Municipal Tax Advantaged 0.0%
Municipal Taxable 0.0%
Government Related 0.0%
Option Warrant 0.0%

GHYG Coupon Breakdown

Coupon Range Percentage
0% to 1% 5.56%
1% to 2% 0.28%
2% to 3% 0.47%
3% to 4% 4.32%
4% to 5% 9.8%
5% to 6% 21.74%
6% to 7% 21.66%
7% to 8% 12.86%
8% to 9% 7.07%
9% to 10% 2.52%
Greater Than 10% 1.88%

GHYG Credit Quality

Credit Percentage
AAA 0.0%
AA 0.0%
A 0.0%
BBB 0.46%
BB 46.34%
B 36.78%
Below B 10.51%
Not Rated 5.91%

GHYG Maturity Breakdown

Maturity Percentage
Less Than 1 Year 0.0%
1-3 Years 9.09%
3-5 Years 19.11%
5-7 Years 31.91%
7-10 Years 26.26%
10-15 Years 0.77%
15-20 Years 0.0%
20-30 Years 0.35%
30+ Years 0.66%
Expense

GHYG - Expenses & Fees

This section compares the cost efficiency of GHYG to peers in the same ETFdb Category.

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Expenses Ratio Analysis

Expense Ratio
GHYG Rank:
GHYG 0.40%
Category Low
Category High

Commission Free Trading in GHYG

GHYG is not currently available for commission free trading on any platforms.

Category Commission Free Trading

There are 18 other ETFs in the High Yield Bonds ETFdb Category that are also eligible for commission free trading:

Performance

GHYG - Performance

This section shows how GHYG has performed relative to its peer group ETFdb Category.

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1 Week Return
GHYG Rank:
GHYG 0.34%
Category Low
Category High
4 Week Return
GHYG Rank:
GHYG 1.55%
Category Low
Category High
13 Week Return
GHYG Rank:
GHYG 3.22%
Category Low
Category High
26 Week Return
GHYG Rank:
GHYG -1.99%
Category Low
Category High
Year to Date Return
GHYG Rank:
GHYG 1.96%
Category Low
Category High
1 Year Return
GHYG Rank:
GHYG -3.53%
Category Low
Category High
3 Year Return
GHYG Rank:
GHYG 13.88%
Category Low
Category High
5 Year Return
GHYG Rank:
No Ranking Available
Category Low
Category High
Charts

GHYG - Charts

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.

Valuation

GHYG - Valuation

This section shows how the P/E multiple of GHYG compares to the peer group ETFdb Category.

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P/E Ratio
GHYG Rank:
No Ranking Available
Category Low
Category High

As of Apr 27, 2015

Dividend

GHYG - Dividend

This section shows how the dividend yield of GHYG compares to the peer group ETFdb Category.

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Annual Dividend Yield
GHYG Rank:
GHYG 4.90%
Category Low
Category High

As of Apr 27, 2015

Technicals

GHYG - Technicals

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GHYG Volatility Analysis

This section shows how the volatility of GHYG compares to the peer group ETFdb Category.

5 Day Volatility
GHYG Rank:
GHYG 45.84%
Category Low
Category High
20 Day Volatility
GHYG Rank:
GHYG 3.50%
Category Low
Category High
50 Day Volatility
GHYG Rank:
GHYG 7.06%
Category Low
Category High
200 Day Volatility
GHYG Rank:
GHYG 9.67%
Category Low
Category High
Beta
GHYG Rank:
GHYG -0.56
Category Low
Category High
Standard Deviation
GHYG Rank:
GHYG 1.21%
Category Low
Category High

GHYG Technicals

  • 20 Day MA: $49.89
  • 60 Day MA: $50.07
  • MACD 15 Period: 0.33
  • MACD 100 Period: 0.57
  • Williams % Range 10 Day: 58.11
  • Williams % Range 20 Day: 36.29
  • RSI 10 Day: 69
  • RSI 20 Day: 58
  • RSI 30 Day: 54
  • Ultimate Oscillator: 45

GHYG Bollinger Bands

  • Lower Bollinger (10 Day): $49.71
  • Upper Bollinger (10 Day): $50.57
  • Lower Bollinger (20 Day): $49.30
  • Upper Bollinger (20 Day): $50.50
  • Lower Bollinger (30 Day): $49.23
  • Upper Bollinger (30 Day): $50.38

GHYG Support & Resistance

  • Support Level 1: $50.16
  • Support Level 2: $50.00
  • Resistance Level 1: $50.64
  • Resistance Level 2: $50.96

GHYG Stochastic

  • Stochastic Oscillator %D (1 Day): 30.60
  • Stochastic Oscillator %D (5 Day): 38.63
  • Stochastic Oscillator %K (1 Day): 46.17
  • Stochastic Oscillator %K (5 Day): 45.63
Fact Sheet

GHYG - Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.