Consolidated Edison, Inc. vs iShares iBoxx $ High Yield Corporate Bond ETF — how do they compare? Consolidated Edison, Inc. trades at $111.71 (market cap $40.65B), while iShares iBoxx $ High Yield Corporate Bond ETF trades at $79.8. The key difference: Consolidated Edison, Inc. pays a 3.15% 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 | $40.65B | — |
Sector | Utilities | Fixed Income |
52-Week High | $115.46 | $81.32 |
52-Week Low | $95.37 | $78.72 |
Enterprise Value | $67.68B | — |
Dividend Yield | 3.15% | — |
Signals from Pluang's Aura AI — not financial advice
Con Edison (ED) trades at $111.94, showing modest daily gains. The stock exhibits a bullish technical trend with strong moving average signals, while recent earnings have been mixed with a Q1 2026 miss. Revenue growth is steady, supported by a 12.52% net income margin and a reasonable P/E of 18.6. Recent news highlights grid upgrades and electric fleet expansions, aligning with rising power demand trends.
ED offers stable income with a solid dividend history but faces risks from high debt levels and capital expenditure demands. Analyst consensus is cautious, with a hold-heavy rating and a price target below the current price, suggesting limited near-term upside amid macroeconomic and regulatory pressures.
HYG trades at $79.785, up 0.13% with a bearish technical signal from moving averages. Recent dividend payments of $0.37-$0.42 per share provide income, but key valuation ratios like P/E and P/B are unavailable. The ETF faces pressure from rising bond yields and Federal Reserve policy uncertainty, with elevated put volume indicating bearish sentiment among traders.
Outlook remains cautious due to interest rate sensitivity and inflation concerns. Investment opportunity exists for yield-seeking investors despite technical weakness, but risks include Fed rate hikes and narrowing market breadth that could pressure high-yield bonds further.
Trailing returns across standard periods
Latest headlines on both assets
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 →