Loading…
Loading…
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.
Is IHY's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
Today's market environment is pushing investors to look beyond traditional fixed income for higher yield. VanEck's income-focused ETFs provide access across asset classes.
Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY - Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 37,400 shares, a growth of 60.5% from the September 30th total of 23,300 shares. Currently, 1.1% of the company's stock are
I rate IHY as a Buy, due to its strong historical outperformance of the core bond index by 285 basis points annually over 26 years. IHY offers solid diversification benefits, equity independence, and a higher yield compared to AGG, making it attractive for international fixed-income exposure. Despite its higher expense ratio and notable index lag, IHY's yield and inflation resilience outweigh these drawbacks for yield-seeking investors.
Exclude China and broadly defined EM stocks are posting substantially softer results, based on a set of ETFs through Friday's close. US shares are effectively neck and next with EM so far in 2024.
Yields have reset higher across fixed income markets, leaving bonds well positioned in a range of different economic and interest rate scenarios in 2024. Introduction to Income Investing Income investing is a strategy that aims to generate a steady stream of income from investments, typically through interest payments or dividends.