iShares International High Yield Bond ETF (HYXU)

The iShares International High Yield Bond ETF is an exchange-traded fund managed by BlackRock's iShares unit. It seeks to track an index of high yield, below-investment-grade corporate bonds issued by companies in developed markets outside the United States, historically the Markit iBoxx Global Developed Markets ex-US High Yield Index. Many of its holdings are denominated in euros and British pounds.

The fund began trading on April 3, 2012 and is listed on the Cboe BZX exchange. It charges an expense ratio of 0.40% and does not hedge its currency exposure, so returns for U.S. investors reflect both bond prices and movements in the dollar against other currencies.

The ETF is used by investors who want high yield credit exposure beyond the U.S. market, complementing domestic junk bond funds. It remains much smaller than the largest U.S. high yield bond ETFs. The fund was scheduled for a name and index change around October 31, 2025 while keeping the HYXU ticker.