# iShares High Yield Systematic Bond ETF (HYDB) — Overview

HYDB · BATS · Fund

Canonical page: https://www.lighthorse.io/tickers/hydb

## Price

Last close $44.73 on Oct 15, 2026. 52-week range $44.60 – $47.77.

## Fund profile

HYDB tracks a broad-maturity, multifactor index of high-yield bonds. The index selects and weights bonds based on default probability, default-adjusted spreads, and volatility.

| Metric | Value |
| --- | --- |
| Issuer | BlackRock Fund Advisors |
| Industry | — |
| Inception | Jul 11, 2017 |
| Assets under management | $1.5B |
| Expense ratio | 0.35% |
| Net asset value | $44.64 (as of Oct 15, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is iShares High Yield Systematic Bond ETF (HYDB)?

HYDB tracks a broad-maturity, multifactor index of high-yield bonds. The index selects and weights bonds based on default probability, default-adjusted spreads, and volatility.

### What is HYDB's expense ratio?

iShares High Yield Systematic Bond ETF charges an annual expense ratio of 0.35%. The fund is issued by BlackRock Fund Advisors.

### How large is HYDB?

iShares High Yield Systematic Bond ETF manages $1.5B in assets and has traded since Jul 11, 2017.

### How do I buy shares of iShares High Yield Systematic Bond ETF (HYDB)?

HYDB trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).