BHYB

Xtrackers USD High Yield BB-B ex Financials ETF

$54.34

+0.00%

Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The Xtrackers USD High Yield BB-B ex Financials ETF seeks to provide investment results that correspond generally to the performance of the Solactive USD High Yield Corporates BB-B ex-Financials Index.

Overview

ETF tracking Xtrackers USD High Yield BB-B ex Financials ETF

Category High Yield

Issuer Other

Inception Date 2023-10-27

Market Cap $1.1B

Average Volume N/A

Dividend Yield 5.51%

52-Week Range $51.46 - $54.99

VWAP $54.22

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a portfolio of high-yield, non-financial corporate bonds denominated in U.S. dollars. The fund aims to track the Solactive index, which includes bonds rated BB to B by major credit rating agencies, excluding the financial sector.

✨ Key Features

Exposure to a diversified portfolio of high-yield, non-financial corporate bonds
Focuses on bonds rated BB to B, which are considered high-yield or 'junk' grade
Excludes the financial sector, which can help reduce volatility
Passively managed to track the Solactive USD High Yield Corporates BB-B ex-Financials Index

⚠️ Primary Risks

High-yield bonds are subject to greater credit and default risk than investment-grade bonds
Sector concentration risk, as the fund excludes the financial sector
Interest rate risk, as bond prices may decline when interest rates rise
Liquidity risk, as high-yield bonds may be less liquid than investment-grade bonds

👤 Best For

This ETF may be suitable for investors seeking exposure to higher-yielding, non-financial corporate bonds as part of a diversified fixed-income allocation. Investors should have a higher risk tolerance and a longer-term investment horizon to withstand the potential volatility associated with high-yield bonds.