IHY Stock Summary and Trading Ideas (Vaneck International High Yield Bond ETF | ARCA:IHY)

VanEck International High Yield Bond ETF (IHY) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of ICE BofA Merrill Lynch Global ex-US Issuers High Yield Constrained Index (HXUS).The Index is comprised of below investment-grade debt issued by corporations located throughout the world (which may include emerging market countries) excluding the United States, denominated in Euros, U.S. dollars, Canadian dollars or pound sterling issued in the major domestic or Eurobond markets

Vaneck International High Yield Bond ETF trades on the ARCA stock market under the symbol IHY.

As of January 6, 2025, IHY stock price climbed to $20.60 with 89,933 million shares trading.

IHY has a market cap of $22.66 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, IHY traded as high as $23.90 and as low as $17.60.

IHY has underperformed the market in the last year with a return of +5.7%, while the SPY ETF gained +28.7%. In the last 3 month period, IHY fell short of the market, returning -2.4%, while SPY returned +4.2%. However, in the most recent 2 weeks IHY has outperformed the stock market by returning +0.4%, while SPY returned +0.1%.

IHY support price is $20.42 and resistance is $20.57 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IHY shares will trade within this expected range on the day.