ETF Evaluator: iShares ESG Advanced Hi Yld Corp Bd ETF (HYXF) Follow This ETF

iShares ESG Advanced Hi Yld Corp Bd ETF Overview

iShares ESG Advanced Hi Yld Corp Bd ETF (HYXF) is a passively managed Taxable Bond High Yield Bond exchange-traded fund (ETF). iShares launched the ETF in 2016.

The investment seeks to track the investments results of the Bloomberg MSCI US High Yield Choice ESG Screened Index. The index is designed to reflect the performance of U.S. dollar-denominated high yield corporate bonds of issuers with favorable ESG ratings, as identified by the index Provider, while applying additional screens. The fund will invest at least 80% of its assets in the component securities of the underlying index, and it will invest at least 90% of its assets in fixed income securities of the types included in the underlying index.

About iShares ESG Advanced Hi Yld Corp Bd ETF (HYXF)

There are 3 members of the management team with an average tenure of 3.96 years: James Mauro (2016), Jonathan Graves (2025) and Marcus Tom (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: Bloomberg US Universal TR USD index with a weighting of 100% and Bloomberg MSCI US HY Choi ESG Scr TR USD index with a weighting of 100%. iShares ESG Advanced Hi Yld Corp Bd ETF has 615 securities in its portfolio. The top 10 holdings constitute 8.3% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is considered to have an ESG focus with its investment selection and management.

iShares ESG Advanced Hi Yld Corp Bd ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. iShares ESG Advanced Hi Yld Corp Bd ETF has 5.9% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 98.7% (92.8% domestic bond, 5.9% foreign bond and 0.0% convertible bond). iShares ESG Advanced Hi Yld Corp Bd ETF has 1.3% of the portfolio in cash.

Assets Under Management

The fund has $205 million in total assets, which is below the $1 billion average for the High Yield Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

HYXF Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The iShares ESG Advanced Hi Yld Corp Bd ETF expense ratio is below average compared to funds in the High Yield Bond category. iShares ESG Advanced Hi Yld Corp Bd ETF has an expense ratio of 0.35%, which is 12% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. iShares ESG Advanced Hi Yld Corp Bd ETF has a portfolio turnover rate of 30%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 73% for the High Yield Bond category.

Recently, in the month of June 2026, iShares ESG Advanced Hi Yld Corp Bd ETF returned 0.4%, which earned it a grade of A, as the High Yield Bond category had an average return of 0.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

iShares ESG Advanced Hi Yld Corp Bd ETF has a trailing yield of 6.07%, which is below the 6.68% category average. The fund normally distributes its income monthly.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

iShares ESG Advanced Hi Yld Corp Bd ETF Grades

Year to date, the ETF has returned 1.6%, 0.3 percentage points worse than the category, which translates into a grade of D. The fund has returned 4.8% over the past year (grade of F), 8.6% over the past three years (grade of B) and 3.6% per year over the past five years (grade of D) and 5.1% per year over the past 10 years (grade of C).

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