iShares Euro High Yield Corporate Bond USD Hedged ETF(CBOE:EUHY)

EUHY provides exposure to Euro-denominated high-yield corporate bonds, while minimizing the effect of Euro-USD exchange rate fluctuations. The index includes fixed-rate bonds issued from developed and emerging markets. Inclusion depends on currency of issuance rather than domicile, and eligible securities must have a minimum of one year to maturity. The index is market capitalization-weighted and rebalanced monthly. Securities such as contingent capital, floating-rate, inflation-linked, perpetual, and other illiquid or structured securities are excluded. To hedge currency risk, the fund uses foreign currency forward contracts, including both deliverable and non-deliverable forward. The fund sells the full Euro exposure forward each month at the one-month forward rate, hedging Euro/USD risk. Before Nov. 3, 2025, the fund tracked the Markit iBoxx Global Developed Markets ex-US High Yield Index, was named the iShares International High Yield Bond ETF, and traded under the ticker HYXU.