HYG provides excess returns over LQD by keeping its duration low and investing in borderline non-IG debt. Read why we prefer HYG over LQD at this stage.

HYG has experienced a large sell-off over the last year. Much of this sell-off has been driven by an increase in interest rates, and not by an increase in the spreads of high-yield corporate bonds.

HYG currently holds a broad portfolio of more than 1,272 high-yield corporate bonds. As of April 15, the average yield to maturity is 8.16%, which estimates the annual return an investor can ...

Looking at the chart above, HYG's low point in its 52 week range is $71.68 per share, with $78.60 as the 52 week high point — that compares with a last trade of $77.95.

Looking at the chart above, HYG's low point in its 52 week range is $79.88 per share, with $88.16 as the 52 week high point — that compares with a last trade of $81.59.