iShares Advantaged U.S. High Yield Bond Index ETF Review (CHB) 2024

Last Updated: 3/7/2024

Wealth Awesome Rating: 69/100
This fixed income ETF has an MER of 0.56%. With higher than average fees, it’s a premium option. Managing 251 million in assets, it’s less popular among investors. Suitable for those preferring stability with a low to medium risk tolerance.
 
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.

CHB trades on the TSX exchange.
Looking to invest in fixed income? Consider an fixed income ETF as an easy way to get access. The iShares Advantaged U.S. High Yield Bond Index (CHB) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.  

What is the iShares Advantaged U.S. High Yield Bond Index ETF

A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.56%. This ETF trades on the TSX exchange.

CHB stock price and other stats

ETF Key Stats

Exchange: TSX

Assets Under Management: $251MM

Expense Ratio: 0.56%

Price: #N/A (Updated: 3/7/2024)



iShares Advantaged U.S. High Yield Bond Index (CHB) Breakdown by Market Cap

CategoryValue
Mega0
Big0.09408
Medium0
Small0
Micro0

iShares Advantaged U.S. High Yield Bond Index (CHB) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials00.11462
Consumer Cyclicals03.40897
Financial Services03.96086
Real Estate00.02547
Communication Services08.7453
Energy058.12867
Industrials08.46087
Technology00
Consumer Defensive06.94742
Healthcare00.14859
Utilities010.05922

iShares Advantaged U.S. High Yield Bond Index (CHB) Geographic Breakdown

RegionEquity %Relative to Category
North America093.837
United Kingdom03.16802
Europe Developed02.91
Europe Emerging00
Africa/Middle East00
Japan00
Australasia00.084
Asia Developed00
Asia Emerging00
Latin America00

CHB Management Expense Ratio

CHB has a management expense ratio of  0.56% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.  


How to Buy  iShares Advantaged U.S. High Yield Bond Index TSX ETF

You can buy  CHB on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:  
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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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