VGHY ETF Analysis: High-Yield Active | BATS
High Yield Bond | BATS, USA | Market Cap: 297m USD | 12M Return: 2.9% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.13M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality
The Vanguard High-Yield Active ETF (VGHY) uses an active management strategy to invest mainly in higher-risk corporate bonds with below-investment-grade credit ratings, commonly referred to as junk bonds. The fund commits at least 80% of its net assets (plus any borrowings for investment purposes) to bonds rated below Baa by Moodys or the equivalent by another recognized rating agency. Bonds without formal ratings may also qualify if the funds advisors determine them to be of comparable credit quality.
High-yield bond ETFs in this category target issuers with weaker credit profiles, offering higher coupon income to offset the elevated risk of default compared to investment-grade debt. The junk bond market typically includes companies with higher leverage or those in cyclical or distressed industries, and active funds in the space rely on credit research and security selection to manage downside risk.
- High-yield credit spreads widen as recession fears intensify
- Fed rate cuts boost lower-rated corporate bond demand
- Junk bond default rates rise amid slowing economic growth
As of July 28, 2026, the stock is trading at USD 74.22 with a total of 36,547 shares traded. Over the past week, the price has changed by -0.47%, over one month by -0.39%, over three months by +0.10% and over the past year by +2.94%.
Current recommended Stop Loss: 74.00 (which is 0.3% or 1.3 ATR below the current price).
High-Yield Active has no consensus analysts rating.