iShares $ High Yield Corp Bond ESG SRI UCITS ETF

What this fund is

iShares $ High Yield Corp Bond ESG SRI UCITS ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker DHYD (ISIN IE00BKF09C98). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about lending to governments and companies in return for regular interest, which tends to be steadier than shares but grows more slowly, spread across its target market. Its largest holdings include BLK ICS USD LEAF AGENCY DIST, 1261229 BC LTD 144A and NEXSTAR MEDIA INC 144A. Spread across roughly 1027 holdings (the ten largest ≈ 5.4%), no one position makes or breaks the fund.

Its biggest country exposures are ~88.2% United States, ~4.1% Canada and ~2.2% United Kingdom. Its heaviest sectors are ~99.7% Corporate and ~0.3% Other. Funds like this are often used as the steadier, lower-swing part of a portfolio — the ballast that cushions the ups and downs of shares. Its ongoing charge (TER) is 0.25% a year — about €25 a year on a €10,000 holding, taken automatically from the fund. It is a distributing share class — dividends are paid to you as cash rather than reinvested, and over the last year it paid out roughly 6.809886% (its trailing yield).

It holds the underlying investments directly (physical replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors and trades in USD. Its price has swung about 4.4% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2019. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from iShares.)