iShares International High Yield Bond ETF (HYXU)
iShares International High Yield 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 $54.78, down 0.20% on the session, giving a market capitalisation of $72.0M. Its beta of 0.99 implies it has historically moved less than the broad market.
This iShares fund, known as the Euro High Yield Bond USD Hedged ETF, is engineered to replicate the investment performance of a specific benchmark. This underlying index primarily consists of higher-risk, higher-return debt instruments issued in Euros. A key characteristic of this ETF is its method to lessen the effect of currency movements between the Euro and the U.S. dollar.
iShares International High Yield Bond ETF is most often compared with the following Financial Services names: