HYLB

Xtrackers USD High Yield Corporate Bond ETF

$36.67

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Xtrackers USD High Yield Corporate Bond ETF seeks to provide investment results that closely correspond to the performance of the Solactive USD High Yield Corporates Total Market Index.

Overview

ETF tracking Xtrackers USD High Yield Corporate Bond ETF

Category High Yield

Issuer Other

Inception Date 2016-12-07

Market Cap $3.8B

Average Volume N/A

Dividend Yield 5.23%

52-Week Range $34.72 - $37.16

VWAP $36.69

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Xtrackers USD High Yield Corporate Bond ETF seeks to provide investment results that closely correspond to the performance of the Solactive USD High Yield Corporates Total Market Index.

🎯 Investment Strategy

The ETF invests in a representative sample of high-yield, U.S. dollar-denominated corporate bonds to track the index. The index includes bonds issued by companies domiciled in developed countries, with a focus on bonds rated below investment grade.

✨ Key Features

Exposure to the high-yield corporate bond market in the United States
Seeks to provide income and total return potential
Diversified portfolio of high-yield corporate bonds
Low expense ratio of 0.00%

⚠️ Primary Risks

Credit risk: The risk that the issuer of a bond will default on interest or principal payments
Interest rate risk: The risk that bond prices will decline as interest rates rise
Liquidity risk: The risk that the ETF may have difficulty selling certain securities at an advantageous time or price
High-yield bond risk: High-yield bonds are subject to greater market fluctuations and risk of loss of income and principal than higher-rated securities

👤 Best For

The Xtrackers USD High Yield Corporate Bond ETF may be suitable for investors seeking exposure to the high-yield corporate bond market as part of a diversified portfolio. Investors should have a higher risk tolerance and a longer-term investment horizon to withstand the volatility associated with high-yield bonds.