About iShares 0-5 Year High Yield Corporate Bond ETF (SHYG)

The iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) is an exchange-traded fund that seeks to track the performance of the Bloomberg Barclays U.S. 0-5 Year High Yield Bond Index. This index is designed to measure the performance of high yield corporate bonds with remaining maturities of less than five years. The ETF provides investors with exposure to a diversified portfolio of shorter-term, high yield bonds.

Investing in high yield corporate bonds can offer higher yields compared to investment-grade bonds, but they also come with higher credit risk. SHYG aims to mitigate this risk by focusing on bonds with shorter maturities, which may be less sensitive to interest rate changes and offer a higher level of liquidity. The ETF employs a passive investment approach, meaning it seeks to replicate the performance of the index rather than actively manage the portfolio.