{"schemaVersion":1,"ticker":"HYG","asOf":"2026-10-26","desk":"core","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/hyg/","methodology":"https://etfiq.com/methodology/","as_of":"2026-10-26","credit":"Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent","class":"mixed","license":"https://etfiq.com/license/","license_text":"Only the numbers in etfiq_fields are ETFIQ's, free to use with attribution: ETFIQ (etfiq.com). Every other number stays under its owner's terms: issuer_fields as the issuer published them, vendor_fields from an end-of-day data vendor.","fields_note":"Not yet classed field by field: only data ETFIQ computes is covered by its licence.","cite_as":"ETFIQ, Risk and return scorecard, HYG against its benchmark, data as of 2026-10-26, https://etfiq.com/funds/hyg/"},"benchmark":{"ticker":"IUSB","name":"Bloomberg U.S. Universal Index","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"kind":"benchmark","a":"HYG","b":"IUSB","window":{"from":"2014-06-20","to":"2026-10-23","firstReturn":"2014-06-27","weeklyReturns":644,"years":12.34,"short":false,"weekEnding":"2026-10-25"},"riskFree":{"rate":0.02059909,"perWeek":0.0003961364,"days":3087,"series":"13-week Treasury bill, coupon equivalent, average of daily yields","source":"U.S. Department of the Treasury, Daily Treasury Bill Rates","url":"https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_bill_rates"},"measures":{"total":{"a":0.56046949,"b":0.28284413,"edge":"HYG","lead":"HYG"},"annualised":{"a":0.03658391,"b":0.02031563,"edge":"HYG","lead":"HYG"},"price":{"a":-0.19175496,"b":-0.10716069,"edge":"IUSB","lead":"IUSB"},"volatility":{"a":0.09128963,"b":0.0503656,"edge":"IUSB","lead":"IUSB"},"downsideDeviation":{"a":0.06313963,"b":0.03645212,"edge":"IUSB","lead":"IUSB"},"maxDrawdown":{"a":-0.20749912,"b":-0.17727906,"edge":"IUSB","lead":"IUSB","aPeak":"2020-02-14","aTrough":"2020-03-20","bPeak":"2020-12-31","bTrough":"2022-10-21"},"excess":{"a":0.01950585,"b":0.00078317,"edge":"HYG","lead":"HYG"},"sharpe":{"a":0.21366989,"b":0.01554968,"edge":"HYG","lead":"HYG"},"sortino":{"a":0.30893193,"b":0.02148487,"edge":"HYG","lead":"HYG"},"calmar":{"a":0.17630875,"b":0.11459687,"edge":"HYG","lead":"HYG"}},"relative":{"HYG":{"on":"IUSB","beta":1.00498161,"r2":0.30742653,"alpha":0.01871878,"alphaT":0.86641372,"alphaLow":-0.02370602,"alphaHigh":0.06114357,"upsideCapture":0.62095383,"downsideCapture":0.48402618,"treynor":0.01940916,"trackingError":0.07597256,"informationRatio":0.24643999,"upWeeks":361,"downWeeks":275,"treynorReference":0.00078317,"edges":{"beta":{"edge":"Tie","neutral":true},"r2":{"edge":null,"neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"IUSB","lead":"IUSB"},"downsideCapture":{"edge":"HYG","lead":"HYG"},"treynor":{"edge":"HYG","lead":"HYG"},"informationRatio":{"edge":null,"lead":"HYG","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"HYG":{"kept":"2026-10-26","distributions":148,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":644,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.56046949}},"IUSB":{"kept":"2026-10-26","distributions":147,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":644,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.28284413}}}}