Vaneck International High Etf Profile
| IHY Etf | USD 20.71 0.05 0.24% |
Performance0 of 100
| Odds Of DistressLess than 9
|
VanEck International is trading at 20.71 as of the 24th of November 2024; that is 0.24 percent decrease since the beginning of the trading day. The etf's open price was 20.76. VanEck International has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for VanEck International High are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of August 2024 and ending today, the 24th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck International is traded on NYSEARCA Exchange in the United States. More on VanEck International High
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VanEck Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | High Yield ETFs, Corporate ETFs, High Yield Bond, VanEck (View all Sectors) |
| Issuer | Van Eck |
| Inception Date | 2012-04-02 |
| Benchmark | ICE BofA Global ex-US Issuers High Yield Constrained Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 22.91 Million |
| Average Trading Valume | 18,157.7 |
| Asset Type | Fixed Income |
| Category | Corporate |
| Focus | High Yield |
| Market Concentration | Blended Development |
| Region | Global ex-U.S. |
| Administrator | Van Eck Associates Corporation |
| Advisor | Van Eck Associates Corporation |
| Custodian | State Street Bank and Trust Company |
| Distributor | Van Eck Securities Corporation |
| Portfolio Manager | Francis G. Rodilosso |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 368 |
| Market Maker | Jane Street |
| Total Expense | 0.4 |
| Management Fee | 0.4 |
| Country Name | USA |
| Returns Y T D | 3.67 |
| Name | VanEck International High Yield Bond ETF |
| Currency Code | USD |
| Open Figi | BBG002VH39B8 |
| In Threey Volatility | 10.14 |
| 1y Volatility | 6.68 |
| 200 Day M A | 20.8358 |
| 50 Day M A | 21.1746 |
| Code | IHY |
| Updated At | 24th of November 2024 |
| Currency Name | US Dollar |
VanEck International High [IHY] is traded in USA and was established 2012-04-02. The fund is classified under High Yield Bond category within VanEck family. The entity is thematically classified as High Yield ETFs. VanEck International High currently have 52.42 M in assets under management (AUM). , while the total return for the last year was 8.9%.
Check VanEck International Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on VanEck Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding VanEck Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as VanEck International High Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
VanEck International High Currency Exposure
VanEck International High holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of VanEck International will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in VanEck International High.
VanEck International Top Holders
| BTSRX | Bts Managed Income | Mutual Fund | Nontraditional Bond | |
| RQIAX | Resq Strategic Income | Mutual Fund | Allocation--15% to 30% Equity | |
| RQICX | Resq Strategic Income | Mutual Fund | Allocation--15% to 30% Equity | |
| RQIIX | Resq Strategic Income | Mutual Fund | Allocation--15% to 30% Equity |
VanEck International High Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VanEck International. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.42) |
VanEck International Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck International High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of VanEck International High is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck International's value that differs from its market value or its book value, called intrinsic value, which is VanEck International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck International's market value can be influenced by many factors that don't directly affect VanEck International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck International's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.