Consolidated Edison, Inc. vs iShares iBoxx $ High Yield Corporate Bond ETF — how do they compare? Consolidated Edison, Inc. trades at $107.5 (market cap $39.76B), while iShares iBoxx $ High Yield Corporate Bond ETF trades at $79.57. The key difference: Consolidated Edison, Inc. pays a 3.27% dividend while iShares iBoxx $ High Yield Corporate Bond ETF pays none, and Consolidated Edison, Inc. 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.
| ED | HYG | |
|---|---|---|
Market Cap | $39.76B | — |
Sector | Utilities | Fixed Income |
52-Week High | $115.46 | $81.32 |
52-Week Low | $95.37 | $78.72 |
Enterprise Value | $66.61B | — |
Dividend Yield | 3.27% | — |
Trailing returns across standard periods
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities will generate nearly all of Con Ed's earnings once it closes the sale of its clean energy business to RWE. Con Ed's clean energy business owns the second-largest portfolio of utility-scale solar projects in the U.S. Following the sale, Con Ed's only non-utility earnings will come from investments in gas and electric transmission.
Read more on ED →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 →