iShares iBoxx $ High Yield Corporate Bond ETF vs Illinois Tool Works Inc. — how do they compare? iShares iBoxx $ High Yield Corporate Bond ETF trades at $79.57, while Illinois Tool Works Inc. trades at $293.7 (market cap $83.49B). The key difference: Illinois Tool Works Inc. pays a 2.35% dividend while iShares iBoxx $ High Yield Corporate Bond ETF pays none, and Illinois Tool Works 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.
| HYG | ITW | |
|---|---|---|
Sector | Fixed Income | Industrials |
52-Week High | $81.32 | $299.60 |
52-Week Low | $78.72 | $241.07 |
Market Cap | — | $83.49B |
Enterprise Value | — | $92.34B |
Dividend Yield | — | 2.35% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Illinois Tool Works is a diversified global manufacturer that produces specialized industrial equipment, consumables, and related services. The firm operates 87 global divisions through seven distinct operating segments: automotive OEM, construction products, food equipment, specialty products, test/measurement and electronics, polymers and fluids, and welding. About half of its revenue comes from its operations in North America, with the remainder originating from international markets. ITW takes a bottom-up and decentralized approach to portfolio management, with the exception that each segment must apply its 80/20 operating process modeled on the Pareto principle.
Read more on ITW →