VanEck International High Yield Bond ETF (IHY)
VanEck International High Yield Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $21.07, down 0.14% on the session, giving a market capitalisation of $42.3M. Its beta of 0.77 implies it has historically moved less than the broad market.
The VanEck International High Yield Bond ETF (IHY) aims to closely track the total returns – both price appreciation and yield – of the ICE BofA Global ex-US Issuers High Yield Constrained Index (HXUS), prior to accounting for its own fees and expenses. This underlying index is composed of high-yield corporate bonds, meaning those rated below investment grade. These bonds are issued by companies located outside the United States and are denominated in U.S. dollars, Canadian dollars, British pounds sterling, or euros. They are sourced from key domestic or international Eurobond markets.
VanEck International High Yield Bond ETF is most often compared with the following Financial Services names: