iShares High Yield Active ETF

iShares High Yield Active ETF

About

iShares High Yield Active ETF (US0925288682) is a US-listed bond ETF tracking the Bloomberg U.S. Corporate High Yield 2% Issuer Capped Index. With a expense ratio of 0.45%, its costs are on the higher end for an ETF, paying distributions. The fund holds 892 positions across 14 regions with 122M in assets, with heavy concentration — 37% in corporate bonds.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jun 22, 2026
Component Score Details
Cost (30%) 7.7 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio: 2.4
Liquidity (25%) 5.9 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker BRHY
ISIN
Fund Size $122.2M
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Jun 2024
Base Currency USD
Index Bloomberg U.S. Corporate High Yield 2% Issuer Capped Index
Asset Class Bonds
Category High Yield Bond

Costs

7.7
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.45%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
1 Year+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month
3 Months
6 Months
1 Year +8.62%
3 Years
5 Years
10 Years
YTD +1.82%
Since Inception +8.79%

Holdings

This fund invests into 892 individual investments.
#1
BLK CSH FND TREASURY SL AGENCY
2.27%
#2
ISHARES BROAD USD HIGH YIELD CORPO
1.44%
#3
Beignet Investor LLC
1.39%
#4
MERIDIAN ARC HOLDCO LLC 144A
1.20%
#5
HUB International Ltd
1.14%
#6
1261229 BC LTD
0.97%
#7
PROJECT POWER 144A
0.94%
#8
ALLIED UNIVERSAL HOLDCO LLC 144A
0.77%
#9
STATE STREET SPDR BLACKSTONE SENIO
0.75%
#10
TransDigm Inc
0.73%
View all holdings (50)
# Holding Ticker Weight
1 BLK CSH FND TREASURY SL AGENCY XTSLA 227.41%
2 ISHARES BROAD USD HIGH YIELD CORPO USHY 144.11%
3 Beignet Investor LLC RPLDCI 139.19%
4 MERIDIAN ARC HOLDCO LLC 144A MERIDI 119.62%
5 HUB International Ltd HBGCN 113.88%
6 1261229 BC LTD BHCCN 96.99%
7 PROJECT POWER 144A TLN 93.60%
8 ALLIED UNIVERSAL HOLDCO LLC 144A UNSEAM 76.52%
9 STATE STREET SPDR BLACKSTONE SENIO SRLN 75.31%
10 TransDigm Inc TDG 72.98%
11 LEVEL 3 FIN I 6.875% Jun33 LVLT 68.05%
12 CHS/Community Health Systems Inc CYH 67.84%
13 EFESTO BIDCO SPA 144A EBIDCO 66.83%
14 MAUSER PACKAGING SOLUTIONS HOLDING 144A BWY 66.29%
15 WHITE CAP SUPPLY HOLDINGS LLC 144A WHTCAP 65.53%
16 Wynn Macau Ltd WYNMAC 65.51%
17 HUB International Ltd HBGCN 65.50%
18 ALLIED UNIVERSAL HOLDCO LLC 144A UNSEAM 65.22%
19 CONSTELLIUM S 6.375% Aug32 CSTM 63.90%
20 LEVEL 3 FIN I 7% Mar34 LVLT 63.48%
21 LEVEL 3 FIN I 8.5% Jan36 LVLT 60.22%
22 CQP HOLDCO LP 144A BLKCQP 60.19%
23 Panther Escrow Issuer LLC TIHLLC 58.51%
24 CARVANA CO FRN Jun31 CVNA 55.99%
25 BAUSCH HEALTH 11% Sep28 BHCCN 54.23%
26 SV RNO Property Owner 1 LLC TRACTC 51.73%
27 ARDONAGH FINCO LTD 144A ARDGRP 51.30%
28 WINDST SERVI/ 8.25% Oct31 UNIT 51.21%
29 EMRLD BORROWER LP 144A EMECLI 51.19%
30 VOLTAGRID LLC 144A VOLTAG 50.57%
31 Olympus Water US Holding Corp SOLEIN 49.33%
32 AthenaHealth Group Inc ATHENA 47.90%
33 TRANSDIGM INC 144A TDG 47.43%
34 ECHOSTAR CORP SATS 47.17%
35 NRG Energy Inc NRG 46.30%
36 CHOBANI LLC 144A CHBANI 45.74%
37 PROJECT POWER 144A TLN 45.57%
38 MPT Operating Partnership LP / MPT Finance Corp MPW 44.86%
39 Cloud Software Group Inc TIBX 43.84%
40 WASTE PRO USA INC 144A WASPRO 42.97%
41 Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC AMPBEV 42.83%
42 XPLR INFRAST 7.75% Apr34 XIFR 42.77%
43 Garda World Security Corp GWCN 42.59%
44 SURGERY CENTE 7.25% Apr32 SURCEN 42.54%
45 Garda World Security Corp GWCN 41.47%
46 SERVICE PROPERTIES TRUST 144A SVC 40.57%
47 CLEAR CHANNEL 7.5% Mar33 CCO 40.51%
48 VENTURE GLOBAL LNG INC 144A VENLNG 39.51%
49 Flash Compute LLC FLASHC 38.57%
50 PR RNO PROPERTY OWNER 1 LLC 144A TRACTD 37.40%

Sectors

Allocation by industry sector.
 
Sector Weight
Unknown 5378.00%
Corporate Bonds 3730.00%
Consumer Discretionary 362.00%
Materials 315.00%
Health Care 279.00%
Financials 250.00%
Industrials 110.00%
Utilities 45.00%
Consumer Staples 40.00%
Technology 38.00%
Real Estate 19.00%
Energy 2.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
United States 4859.00%
UNKNOWN 4309.00%
Canada 307.00%
MULT 137.00%
Cayman Islands 97.00%
Bermuda 62.00%
United Kingdom 49.00%
Netherlands 43.00%
Ireland 35.00%
Denmark 34.00%
Jersey 33.00%
Japan 18.00%
Italy 9.00%
Australia 5.00%
Panama 3.00%
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