Centene Corp vs iShares iBoxx $ High Yield Corporate Bond ETF — how do they compare? Centene Corp trades at $65.13 (market cap $32.05B), while iShares iBoxx $ High Yield Corporate Bond ETF trades at $79.57. The key difference: Centene Corp is trading nearer its 52-week high, iShares iBoxx $ High Yield Corporate Bond ETF nearer its low. Which is the better fit depends on your goals.
| CNC | HYG | |
|---|---|---|
Market Cap | $32.05B | — |
Sector | Health | Fixed Income |
52-Week High | $68.72 | $81.32 |
52-Week Low | $26.17 | $78.72 |
Enterprise Value | $21.10B | — |
Trailing returns across standard periods
Latest headlines on both assets
Centene is a managed-care organization focused on government-sponsored healthcare plans, including Medicaid, Medicare, and the individual exchanges. Centene served 22 million medical members as of September 2021, mostly in Medicaid (68% of membership), the individual exchanges (10%), Medicare Advantage (6%), and the balance in Tricare (West region), correctional facility, and international plans. The company also serves 4 million users through the Medicare Part D pharmaceutical program.
Read more on CNC →HYG is the world's largest high-yield bond ETF, tracking the Markit iBoxx USD Liquid High Yield Index. It provides liquid exposure to non-investment grade corporate debt, with 2026 top holdings including Cloud Software Group and Medline.
Read more on HYG →