Ishares Edge High Etf Profile

HYDB Etf  USD 46.79  0.24  0.52%   

Performance

5 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
IShares Edge is trading at 46.79 as of the 28th of March 2024, a 0.52 percent increase since the beginning of the trading day. The etf's open price was 46.55. IShares Edge has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for IShares Edge High are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
The fund will invest at least 80 percent of its assets in the component securities of the index, and the fund will invest at least 90 percent of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the index. More on IShares Edge High

Moving together with IShares Etf

  0.83HYG IShares IBoxx HighPairCorr
  0.87USHY IShares Broad USDPairCorr
  0.86JNK SPDR Bloomberg HighPairCorr
  0.84SHYG IShares 0-5 YearPairCorr
  0.84HYLB Xtrackers USD HighPairCorr
  0.84SJNK SPDR Bloomberg ShortPairCorr
  0.89ANGL VanEck Fallen AngelPairCorr

Moving against IShares Etf

  0.68BITI ProShares Trust -PairCorr

IShares Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. IShares Edge's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IShares Edge or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationHigh Yield ETFs, Corporate ETFs, High Yield Bond, iShares (View all Sectors)
IssueriShares
Inception Date2017-07-11
BenchmarkBlackRock High Yield Defensive Bond Index
Entity TypeRegulated Investment Company
Asset Under Management505.19 Million
Average Trading Valume349,187.4
Asset TypeFixed Income
CategoryCorporate
FocusHigh Yield
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorState Street Bank and Trust Company
AdvisorBlackRock Fund Advisors
CustodianState Street Bank and Trust Company
DistributorBlackRock Investments, LLC
Transfer AgentState Street Bank and Trust Company
Fiscal Year End28-Feb
ExchangeCboe BZX Exchange, Inc.
Number of Constituents254
Market MakerJane Street
Total Expense0.35
Management Fee0.35
Country NameUSA
Returns Y T D1.81
NameiShares Edge High Yield Defensive Bond ETF
Currency CodeUSD
Open FigiBBG00H4BNP11
In Threey Volatility8.23
1y Volatility6.18
200 Day M A45.0674
50 Day M A46.3317
CodeHYDB
Updated At28th of March 2024
Currency NameUS Dollar
In Threey Sharp Ratio0.01
IShares Edge High [HYDB] is traded in USA and was established 2017-07-11. The fund is listed under High Yield Bond category and is part of iShares family. The entity is thematically classified as High Yield ETFs. IShares Edge High currently have 113.07 M in assets under management (AUM). , while the total return for the last 3 years was 2.8%.
Check IShares Edge Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as IShares Edge High Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

IShares Edge High Currency Exposure

IShares Edge High holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of IShares Edge will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in IShares Edge High.

IShares Edge Target Price Odds Analysis

What are IShares Edge's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of IShares Edge jumping above the current price in 90 days from now is near 1%. The IShares Edge High probability density function shows the probability of IShares Edge etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days IShares Edge has a beta of 0.0528. This usually indicates as returns on the market go up, IShares Edge average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding IShares Edge High will be expected to be much smaller as well. Additionally, iShares Edge High has an alpha of 0.0119, implying that it can generate a 0.0119 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 46.79HorizonTargetOdds Above 46.79
99.43%90 days
 46.79 
0.51%
Based on a normal probability distribution, the odds of IShares Edge to move above the current price in 90 days from now is near 1 (This IShares Edge High probability density function shows the probability of IShares Etf to fall within a particular range of prices over 90 days) .

IShares Edge High Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. IShares Edge market risk premium is the additional return an investor will receive from holding IShares Edge long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Edge. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although IShares Edge's alpha and beta are two of the key measurements used to evaluate IShares Edge's performance over the market, the standard measures of volatility play an important role as well.

IShares Edge Against Markets

Picking the right benchmark for IShares Edge etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in IShares Edge etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for IShares Edge is critical whether you are bullish or bearish towards IShares Edge High at a given time. Please also check how IShares Edge's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in IShares Edge without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy IShares Etf?

Before investing in IShares Edge, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in IShares Edge. To buy IShares Edge etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of IShares Edge. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase IShares Edge etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located IShares Edge High etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased IShares Edge High etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as IShares Edge High, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy IShares Etf please use our How to Invest in IShares Edge guide.

Already Invested in IShares Edge High?

The danger of trading IShares Edge High is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of IShares Edge is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than IShares Edge. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile IShares Edge High is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether IShares Edge High offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares Edge's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ishares Edge High Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Edge High Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IShares Edge High. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the IShares Edge High information on this page should be used as a complementary analysis to other IShares Edge's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the CEOs Directory module to screen CEOs from public companies around the world.

Complementary Tools for IShares Etf analysis

When running IShares Edge's price analysis, check to measure IShares Edge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IShares Edge is operating at the current time. Most of IShares Edge's value examination focuses on studying past and present price action to predict the probability of IShares Edge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IShares Edge's price. Additionally, you may evaluate how the addition of IShares Edge to your portfolios can decrease your overall portfolio volatility.
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The market value of IShares Edge High is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Edge's value that differs from its market value or its book value, called intrinsic value, which is IShares Edge's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Edge's market value can be influenced by many factors that don't directly affect IShares Edge's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Edge's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Edge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Edge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.