AUM $16.0MER 0.40%NAV $22.00Holdings 415Inception Feb 2017
Price Chart
Key Statistics
Previous Close
—Day Range
N/A52-Week Range
N/AAvg Volume
932Dividend Yield
—Expense Ratio
0.40%AUM
$16.0MShares Outstanding
—ETF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Cash & Others | 100.00% |
Country Allocation
| Country | Weight % |
|---|---|
| Other | 100.00% |
Fund Information
- Issuer
- NY Life Investments
- Category
- Cash & Others
- Inception Date
- Feb 14, 2017
- Description
- The fund uses a "Representative Sampling" strategy in seeking to track the performance of the underlying index. The underlying index is comprised of U.S. dollar denominated high yield corporate bonds that have been selected in accordance with a rules-based methodology that seeks to identify securities that, in the aggregate, are expected to have lower volatility relative to the broad U.S. dollar denominated high yield corporate bond market.
Similar ETFs
The IQ S&P High Yield Low Volatility Bond ETF (HYLV) is an exchange-traded fund issued by NY Life Investments that launched on Feb 14, 2017. It currently manages $16.0M in assets under management. The fund charges an expense ratio of 0.40%. The fund holds 415 securities in its portfolio. It falls under the Cash & Others category.
Top 10 holdings represent 9.6% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | CASH | 1.91% | 272,124 | $272K |
| 2 | — | TRANSDIGM INC 6.25 3/26 | 1.09% | 157,000 | $156K |
| 3 | — | SPRINT CAP CO 6.875 11/28 | 0.93% | 124,000 | $133K |
| 4 | — | MEDLINE BORROW 3.875 4/29 | 0.92% | 154,000 | $132K |
| 5 | — | CCO HOLDINGS LLC 5 2/28 | 0.88% | 136,000 | $126K |
| 6 | — | SPRINT CORP 7.625 3/26 | 0.87% | 118,000 | $125K |
| 7 | — | AMERICAN AIRLINE 5.5 4/26 | 0.84% | 122,000 | $119K |
| 8 | — | OCCIDENTAL PETE 8.5 7/27 | 0.78% | 101,000 | $112K |
| 9 | — | TRANSDIGM INC 5.5 11/27 | 0.70% | 105,000 | $99K |
| 10 | — | UNIVISION COMM 5.125 2/25 | 0.69% | 102,000 | $99K |
| 11 | — | LAS VEGAS SANDS 3.5 8/26 | 0.69% | 105,000 | $98K |
| 12 | — | CAESARS ENT 6.25 7/25 | 0.68% | 98,000 | $98K |
| 13 | — | TENET HEALTHC 5.125 11/27 | 0.68% | 101,000 | $97K |
| 14 | — | FORD MOTOR CRE 5.584 3/24 | 0.67% | 96,000 | $95K |
| 15 | — | IRON MOUNTAIN 4.5 2/31 | 0.62% | 104,000 | $89K |
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Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | — | |
| 1W | — | |
| 1M | — | |
| 3M | — | |
| 6M | — | |
| YTD | — | |
| 1Y | — | |
| 3Y | — | |
| 5Y | -12.35% |
Moving Averages
20-Day MA
—
50-Day MA
—
200-Day MA
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Price with Moving Averages
Support & Resistance
52-Week High
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Current Price
$21.88
52-Week Low
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Current Yield
—
Annual Dividend
—
Frequency
—
Last Ex-Date
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Dividends
No dividend data available for this ETF.
Category Comparison
| Metric | HYLV | Cash & Others(1140 ETFs) | Low Volatility(71 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.40% | 0.67% | 0.37% |
| AUM | $16.0M | $1.85B | $1.05B |
| Dividend Yield | — | 9.56% | 2.39% |
| Avg Volume | 932 | 759.2K | 131.0K |
| Holdings | 415 | 251 | 212 |
| Performance | |||
| 1-Month Return | — | -1.95% | +0.07% |
| 6-Month Return | — | +6.46% | +2.59% |
| YTD Return | — | +1.62% | +8.93% |
| 1-Year Return | — | +1.09% | +6.51% |
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