IHYVanEck International High Yield Bond ETF
Index Key Points
The ICE BofA Global ex-US Issuers High Yield Constrained Index (HXUS) comprises:
Below investment grade debt issued by corporations located throughout the world, which may include emerging market countries, excluding the United States, denominated in Euros, U.S. dollars, Canadian dollars or pounds sterling issued in the major domestic or Eurobond markets.
Index Weighting:
Index constituents are capitalization-weighted, based on their current amount outstanding, provided the total allocation to an individual issuer does not exceed 3%. Issuers that exceed the limit are reduced to 3% and the face value of each of their bonds is adjusted on a pro-rata basis. Similarly, the face value of bonds of all other issuers that fall below the 3% cap are increased on a pro-rata basis.
Index Provider: ICE Data Indices, LLC11
Index Profile
-
Ticker
HXUS -
Inception Date
03/20/2012 -
Rebalance Frequency
Monthly
Index Fundamentals4 as of 02/07/23
-
Yield to Worst
8.07% -
Yield to Maturity
8.16% -
Effective Duration (yrs)
3.50 -
Years to Maturity
4.86 -
Modified Duration (yrs)
3.65 -
Coupon
5.04%
Index Top 10 Constituents (%) as of 01/31/23
Constituent Name |
Coupon
|
Maturity | Weightings (%) |
---|---|---|---|
Ind & Comm Bk Of China |
3.200 |
01/01/1900 | 0.64 |
Teva Pharmaceuticals Ne |
3.150 |
10/01/2026 | 0.34 |
Petroleos Mexicanos |
0.000 |
01/23/2050 | 0.34 |
Petroleos Mexicanos |
0.000 |
02/16/2032 | 0.33 |
Bank Of Communications |
3.800 |
01/01/1900 | 0.29 |
1011778 Bc / New Red Fin |
0.000 |
10/15/2030 | 0.27 |
Lorca Telecom Bondco |
0.000 |
09/18/2027 | 0.26 |
Bellis Acquisition Co Pl |
0.000 |
02/16/2026 | 0.25 |
Vodafone Group Plc |
0.000 |
04/04/2079 | 0.23 |
Petroleos Mexicanos |
0.000 |
09/21/2047 | 0.22 |
Top 10 Total (%) | 3.16 |
Index Country Weightings (%)
as of 01/31/23
Country | % of Net Assets |
---|---|
● United Kingdom | 10.07 |
● France | 8.48 |
● Italy | 8.14 |
● Canada | 6.91 |
● Luxembourg | 5.71 |
● Brazil | 5.51 |
● Germany | 5.42 |
● Netherlands | 4.79 |
● China | 4.68 |
● Mexico | 4.25 |
● Spain | 3.81 |
● United States | 2.62 |
● Colombia | 2.09 |
● Japan | 1.95 |
● Turkey | 1.91 |
● India | 1.59 |
● Israel | 1.50 |
● Ireland | 1.39 |
● Sweden | 1.35 |
● Greece | 1.22 |
● OTHERS | 16.60 |
Index Sector Weightings (%)
as of 01/31/23
Sector | % of Net Assets |
---|---|
● Financials | 32.2 |
● Technology | 12.8 |
● Industrials | 12.4 |
● Energy | 10.9 |
● Basic Materials | 7.5 |
● Consumer Cyclicals | 7.4 |
● Utilities | 6.3 |
● Healthcare | 3.8 |
● Consumer Non-Cyclicals | 3.4 |
● Real Estate | 2.7 |
● OTHER | 0.4 |
Index Credit Quality (%)† as of 01/31/23
Composite | % of Net Assets | |
---|---|---|
Investment Grade | BBB | 1.48 |
Non-Investment Grade | BB | 53.73 |
B | 29.90 | |
CCC | 7.27 | |
CC | 0.26 | |
C | 0.01 | |
D | 0.11 | |
Total Investment Grade | -- | 1.48 |
Total Non-Investment Grade | -- | 91.27 |
Not Rated | -- | 7.25 |
Maturity (%)
as of 01/31/23
Average Maturity: 4.88 Years