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As of August 12, 2026, iShares iBoxx $ High Yield Corporate Bond ETF (HYG) trades at $79.51. RSI at 50 is in neutral territory, and the price is below its 50-day average of $79.67.
iShares iBoxx $ High Yield Corporate Bond ETF (HYG)
$79.51 0.0300 (0.04%)
At close: Aug 11, 4:00 PM EDT
AI Analyst Consensus
50 / 100
The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) is currently positioned in a neutral technical state, as indicated by its price action relative to key moving averages. The ETF is trading below its 50-day and 200-day simple moving averages, as well as its 20-day exponential moving average. This positioning suggests that recent price trends have been to the downside or are consolidating, failing to break through established resistance levels. The ETF's dividend yield stands at approximately 5.90%, offering a notable income component for investors, though this is tempered by the current technical posture.
HYG Price Analysis
Market Metrics
Open
$79.55
Day Range
$79.49 to $79.57
Prev Close
$79.48
Volume
17.95M
52-Week Range
$78.57 to $81.36
Market Cap
$15.74B
HYG Analysis
AI Analyst Target +3.00% Upside
Target Price
$81.90
AI Technical Analysis
HYG's technical indicators present a mixed picture, leaning towards neutrality. The Relative Strength Index (RSI) is at 49.71, firmly within the neutral zone and not indicating overbought or oversold conditions. The Moving Average Convergence Divergence (MACD) is slightly negative at -0.056, suggesting a minor bearish momentum, though it is close to the zero line. The price is currently below the 50-day SMA (79.67) and the 200-day SMA (80.20), with the 20-day EMA (79.52) also acting as resistance. The Stochastic indicator at 67.27 suggests some upward momentum but is not in overbought territory. The Commodity Channel Index (CCI) at 76.55 indicates positive momentum but is not extreme.
ProTips
- Monitor credit spread movements closely, as widening spreads are a key indicator of increased risk aversion in the high-yield market.
- Consider the ETF's dividend yield as a component of total return, but do not let it overshadow the underlying credit and interest rate risks.
- Evaluate HYG in conjunction with broader market sentiment and macroeconomic indicators to gauge its potential performance.
Market Outlook
The outlook for HYG in the next 6-12 months will largely depend on the trajectory of interest rates and the broader economic environment. If inflation moderates and the Federal Reserve signals a pause or pivot in monetary policy, it could provide a tailwind for high-yield bonds. Conversely, persistent inflation or a significant economic slowdown could increase default rates and pressure HYG's price. Key technical levels to watch include the 50-day SMA (79.67) as near-term resistance and the 200-day SMA (80.20) as a more significant long-term hurdle. A sustained break above these levels would signal a potential shift in momentum.
Market Correlations
How this etf moves relative to other assets
Based on 1 year of daily price data. Correlations may vary over different time periods.
S&P 500 (SPY) +0.77
Strong correlation
Nasdaq 100 (QQQ) +0.68
Moderate correlation
Bitcoin (BTC) +0.21
Weak correlation
Gold (XAU) +0.16
Weak correlation
Check Custom Correlation
Key Statistics
| Net Assets (Market Cap) | 15.74B |
| Yield | 5.90% |
| Day High | $79.57 |
| Day Low | $79.49 |
| 52 Week High | 81.36 |
| 52 Week Low | 78.57 |
The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) tracks the performance of the U.S. high-yield corporate debt market. This segment of the bond market is sensitive to economic growth expectations and credit risk appetite. Currently, the sector is navigating a period where investors are weighing inflation concerns against potential economic slowdowns. High-yield bonds, often referred to as 'junk bonds', carry a higher risk of default compared to investment-grade bonds, thus demanding a higher yield. The performance of HYG is intrinsically linked to the overall health of corporate balance sheets and the broader economic environment, with corporate defaults being a key risk factor.
Earnings & Growth Analysis
As an ETF tracking corporate bonds, HYG does not have direct earnings in the traditional sense. However, the underlying corporate issuers within the iBoxx $ High Yield Corporate Bond Index are subject to earnings performance. A strong earnings environment for these corporations generally translates to lower default risk and potentially tighter credit spreads, which would be beneficial for HYG. Conversely, deteriorating corporate earnings can lead to increased default rates and wider spreads, negatively impacting the ETF's value. Investors should monitor aggregate corporate earnings trends and credit rating agency outlooks for insights into the health of HYG's constituents.
Key Risks
The primary risks for HYG stem from its exposure to high-yield corporate debt. A significant risk is credit risk, where underlying issuers may default on their debt obligations, especially during economic downturns. Interest rate risk is also a factor; rising interest rates can decrease the value of existing bonds. Furthermore, sector concentration risk exists, as the ETF is focused solely on high-yield corporate bonds, making it vulnerable to specific headwinds affecting this asset class, such as a sudden increase in risk aversion among investors.
Technical Indicators
| RSI (14) | 49.71 |
| MACD | -0.06 |
| SMA 50 | 79.67 |
| SMA 200 | 80.20 |
Technical Rating Bearish
RSI
Neutral
SMA Cross
Neutral
Price vs SMA
Bearish
MACD
Neutral
Price is trading below the 50-day SMA.
HYG Trade Plans
Specific entry, exit, and risk management levels
Select Your Trade Bias
Risk Tolerance
Conservative 2% Aggressive
Portfolio Value
$
Position Size: Enter portfolio size →
Entry Strategies (click to switch)
CONSERVATIVE
$78.71
Slight discount to current
Wait for small dip
AGGRESSIVE
$79.51
At current price
Enter now if confident
Risk Management
STOP LOSS
$76.35
MAX LOSS
-3.0%
Volatility-Adjusted Stop Loss
Calculated based on RSI (49.7) and current market volatility
Profit Targets (Based on Conservative Entry)
TARGET 1
$81.08
+3% (Conservative)
+2.0% (Aggressive)
TARGET 2
$82.65
+5% (Conservative)
+3.9% (Aggressive)
TARGET 3
$85.01
+8% (Conservative)
+6.9% (Aggressive)
Consider scaling out: Take 50% profit at Target 1, 30% at Target 2, let 20% run to Target 3
Calculate Your Trade
ℹ️ ETF Investment Disclaimer
This AI-generated analysis of HYG is for educational purposes only and does not constitute investment advice. ETFs are subject to market risk including possible loss of principal. Performance depends on the underlying index or assets tracked. Read the fund prospectus before investing. Past performance does not guarantee future results. Generated on August 12, 2026. Growth of $10,000
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Frequently Asked Questions
As of August 2026, the iShares iBoxx $ High Yield Corporate Bond ETF (HYG) offers a dividend yield of approximately 5.90%.
In August 2026, HYG is trading below its 50-day SMA (79.67), 200-day SMA (80.20), and 20-day EMA (79.52), indicating a current bearish or consolidating price trend.
The RSI for HYG is currently at 49.71, which is considered neutral, suggesting neither overbought nor oversold conditions and a lack of strong directional momentum.
The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) focuses on the high yield corporate bond market, tracking the performance of U.S. dollar-denominated, high-yield corporate debt.
Trading below the 200-day SMA suggests that HYG's long-term trend may be weakening or has turned negative, with the 200-day SMA acting as a potential resistance level.
The MACD for HYG is slightly negative at -0.056, indicating a minor bearish momentum, though its proximity to the zero line suggests this trend is not yet strongly established.
Given its neutral RSI and price below key moving averages, HYG's immediate outlook is one of consolidation or potential further downside if support levels are breached, with upside likely requiring a break above the 50-day SMA.