iShares BB Rated Corporate Bond ETF

iShares BB Rated Corporate Bond ETF

About

iShares BB Rated Corporate Bond ETF (US46435U4739) is a US-listed bond ETF tracking the ICE BofA BB US High Yield Constrained Index. With a expense ratio of 0.25%, it is moderately priced, paying distributions. The fund holds 1,090 positions across 15 regions with 403M in assets, with heavy concentration — 62% in United States, 36% 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%) 8.4 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio: 4.6
Liquidity (25%) 7.1 Assets Under Management

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

Ticker HYBB
ISIN
Fund Size $403.2M
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Oct 2020
Base Currency USD
Index ICE BofA BB US High Yield Constrained Index
Asset Class Bonds
Category High Yield Bond

Costs

8.4
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 0.25%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month
3 Months
6 Months
1 Year +7.21%
3 Years +8.31%
5 Years +3.81%
10 Years
YTD +1.51%
Since Inception +4.35%

Holdings

This fund invests into 1,090 individual investments.
#1
BLK CSH FND TREASURY SL AGENCY
1.05%
#2
MERIDIAN ARC HOLDCO LLC 144A
0.65%
#3
PR RNO PROPERTY OWNER 1 LLC 144A
0.53%
#4
Quikrete Holdings Inc
0.47%
#5
Cloud Software Group Inc
0.46%
#6
SV RNO Property Owner 1 LLC
0.44%
#7
Asurion LLC/ Asurion Co-Issuer Inc
0.40%
#8
WULF Compute LLC
0.40%
#9
Nexstar Media Inc
0.39%
#10
CORE SCIENTIFIC FINANCE I LLC 144A
0.38%
View all holdings (50)
# Holding Ticker Weight
1 BLK CSH FND TREASURY SL AGENCY 104.65%
2 MERIDIAN ARC HOLDCO LLC 144A 65.48%
3 PR RNO PROPERTY OWNER 1 LLC 144A 52.92%
4 Quikrete Holdings Inc 47.30%
5 Cloud Software Group Inc 45.64%
6 SV RNO Property Owner 1 LLC 44.45%
7 Asurion LLC/ Asurion Co-Issuer Inc 39.68%
8 WULF Compute LLC 39.61%
9 Nexstar Media Inc 38.96%
10 CORE SCIENTIFIC FINANCE I LLC 144A 38.29%
11 Venture Global LNG Inc 38.20%
12 Centene Corp 38.01%
13 DISCOVERY COMMUNICATIONS LLC 37.32%
14 CARNIVAL CORP 144A 35.28%
15 OAK-Eagle Acquireco Inc 34.43%
16 American Airlines Inc/AAdvantage Loyalty IP Ltd 33.84%
17 EMRLD BORROWER LP 144A 32.83%
18 DISCOVERY COMMUNICATIONS LLC 32.21%
19 TransDigm Inc 32.18%
20 1011778 BC UL 4% Oct30 31.56%
21 DaVita Inc 31.08%
22 Nissan Motor Co Ltd 30.10%
23 LEVEL 3 FIN I 7% Mar34 29.68%
24 Medline Borrower LP 29.07%
25 APLD COMPUTECO LLC 144A 28.98%
26 NRG Energy Inc 28.18%
27 Nissan Motor Co Ltd 28.14%
28 CVS HEALTH CO VAR Mar55 27.47%
29 Venture Global LNG Inc 26.41%
30 QXO BLDG PROD 6.75% Apr32 26.40%
31 TRANSDIGM INC 144A 25.93%
32 RAKUTEN GROUP 9.75% Apr29 25.81%
33 TransDigm Inc 25.56%
34 Venture Global LNG Inc 25.32%
35 Organon & Co / Organon Foreign Debt Co-Issuer BV 25.31%
36 Directv Financing LLC / Directv Financing Co-Obligor Inc 25.28%
37 APLD ComputeCo 2 LLC 24.97%
38 VENTURE GLOBAL PLAQUE 24.87%
39 IQVIA Inc 24.61%
40 Vodafone Group Plc 24.60%
41 VENTURE GLOBAL PLAQUE 24.45%
42 LEVEL 3 FIN I 6.875% Jun33 24.39%
43 CAESARS ENTERTAINMENT INC 144A 24.06%
44 Rocket Cos Inc 23.96%
45 JANE STREET GROUP LLC 144A 23.95%
46 CARNIVAL CORP 144A 23.85%
47 CCO Holdings LLC / CCO Holdings Capital Corp 23.83%
48 Rocket Cos Inc 23.76%
49 Centene Corp 23.37%
50 Block Inc 23.33%

Sectors

Allocation by industry sector.
 
Sector Weight
Unknown 4495.00%
Corporate Bonds 3570.00%
Consumer Discretionary 778.00%
Financials 590.00%
Materials 398.00%
Industrials 285.00%
Health Care 257.00%
Technology 205.00%
Consumer Staples 119.00%
Utilities 52.00%
Energy 30.00%
Real Estate 17.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
United States 6198.00%
UNKNOWN 2925.00%
Canada 322.00%
Japan 121.00%
Australia 99.00%
United Kingdom 90.00%
MULT 52.00%
Netherlands 52.00%
Panama 37.00%
Denmark 32.00%
Italy 25.00%
Bermuda 13.00%
France 12.00%
Cayman Islands 8.00%
Germany 7.00%
Norway 7.00%
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