iShares ESG Advanced High Yield Corporate Bond ETF (HYXF)
iShares ESG Advanced High Yield Corporate Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $45.41, down 0.10% on the session, giving a market capitalisation of $202.0M. Its beta of 0.74 implies it has historically moved less than the broad market.
This ETF is designed to replicate the returns of an underlying index that invests in speculative-grade corporate debt. These bonds, issued in U.S. dollars, originate from companies that demonstrate strong environmental, social, and governance (ESG) performance, as assessed by the index provider. A critical aspect of its methodology involves rigorous negative screening to exclude firms implicated in controversial business activities.
iShares ESG Advanced High Yield Corporate Bond ETF is most often compared with the following Financial Services names: