HYLV
IQ S&P High Yield Low Volatility Bond ETF
$21.88
+0.06
(+0.30%)
AUM
$16.01M
Expense Ratio
0.40%
NAV
$22.00
Holdings
415
Asset Class
Equity
Inception
02/14/2017
Provider
NY Life Investments
Fund 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.