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The best indicator for High Yield (HYG)

We backtested 382 indicators across daily, weekly and hourly charts on real High Yield (HYG) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.

Signaling FLAT right now — DEMA 20/50 Cross (Weekly) is out of the market. Signal computed on 2026-09-07, 2 days behind the price data on this page (it is rebuilt on a separate schedule).
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Key levels · as of 2026-09-09

Where High Yield (HYG) stands

78.98
last daily close (2026-09-09)
78.15
200-day simple moving average price 1.1% above
78.99
50-day simple moving average price 0.0% below
75.72–79.48
52-week range

Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.

Trend · Weekly

DEMA 20/50 Cross

On the weekly chart, this is the strongest risk-adjusted edge we found for High Yield (HYG) over ~19.2 years — trailing buy-and-hold by 0.8% CAGR.

4.1%
CAGR
0.82
Sharpe
-7.1%
Max DD
73.3%
Win rate
16.23
Profit factor
-0.8%
vs Buy&Hold
Chart

High Yield (HYG) on the weekly chart

The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.

Chart by TradingView. Loading it contacts tradingview.com, which may set its own cookies — see our privacy policy.

NOTHING BEAT BUY-AND-HOLD
Full strategy report — every setup ranked out-of-sample, corrected for data-mining, and forward-tracked in public.
Read the verdict
Confluence · Weekly

Best multi-indicator combo

EMA 20/50 CrossQQE

Going long only when all 2 agree was the strongest confluence setup we found for High Yield (HYG) — trailing buy-and-hold by 0.1% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.

4.8%
CAGR
0.75
Sharpe
66.7%
Win rate
48
Trades
-0.1%
vs Buy&Hold
Best by timeframe

The winner on each chart

Weekly
DEMA 20/50 Cross
-0.8% · Sharpe 0.82
Daily
TRIMA 200 Trend
-1.3% · Sharpe 0.75
Full results

Every indicator, ranked

Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1DEMA 20/50 Cross Weekly4.1%0.82-7.1%73.3%15-0.8%
2TRIMA 200 Trend Daily3.6%0.75-9.4%41.7%36-1.3%
3Hull MA 100 Trend Weekly3.1%0.75-5.4%69.2%39-1.8%
4WMA 10/40 Cross Weekly4.4%0.75-12.3%73.3%15-0.5%
5RSI (50) Daily4.4%0.74-14.0%45.7%81-0.5%
6EMA 200 Trend Daily4.2%0.73-10.4%37.3%59-0.8%
7ROC (14) Daily4.6%0.73-13.5%42.3%222-0.3%
8CCI (200) Daily4.1%0.73-11.7%38.6%57-0.9%
9CMO (14) Daily4.6%0.73-13.5%42.3%222-0.3%
10Disparity (100) Daily4.3%0.73-14.0%44.4%81-0.6%
11Cutler's RSI Daily4.5%0.72-13.5%42.4%224-0.4%
12EMA 100 Trend Daily4.3%0.72-14.0%44.4%81-0.7%
13Vortex Daily4.4%0.71-14.5%43.2%213-0.6%
14Random Walk IndexDaily4.4%0.71-14.0%42.7%218-0.5%

= held up out-of-sample. Hypothetical, costs included. See methodology.

The leverage question

What it would take to beat buy & hold on High Yield (HYG)

2 of 569 tested setups beat buy-and-hold on High Yield (HYG) outright. Another 241 could get there with leverage they would survive — but 59 would be liquidated by their own drawdown before they caught it.

IndicatorBeats B&H unlevered Leverage neededLeverage survived
Trend Regularity Adaptive MA14.78×9.25×
TRIMA 200 Trend1none needed17.24×
Net Volume2.03×15.77×
Liquidity Flow Oscillator2.03×15.77×
Connors RSI2.13×11.93×
Connors RSI-22.31×13.57×

Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way

What this means

For High Yield (HYG), DEMA 20/50 Cross on the weekly timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.

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