HYUP

Xtrackers High Beta High Yield Bond ETF

$41.95

+0.00%

Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The Xtrackers High Beta High Yield Bond ETF (HYUP) seeks to provide investment results that closely correspond to the performance of the Solactive High Beta High Yield Bond Index.

Overview

ETF tracking Xtrackers High Beta High Yield Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2018-01-11

Market Cap $18.9M

Average Volume N/A

Dividend Yield 6.16%

52-Week Range $39.48 - $42.84

VWAP $41.98

Performance

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Investment Summary

📎 Investment Objective

The Xtrackers High Beta High Yield Bond ETF (HYUP) seeks to provide investment results that closely correspond to the performance of the Solactive High Beta High Yield Bond Index.

🎯 Investment Strategy

The ETF invests in a portfolio of high-yield corporate bonds that are intended to provide higher potential returns but also higher risk compared to traditional high-yield bond funds. The fund's strategy is to track the Solactive index, which selects bonds based on a high beta methodology to target higher volatility and return potential.

✨ Key Features

Focuses on high-yield corporate bonds with higher beta (volatility) characteristics
Seeks to provide higher potential returns compared to the broader high-yield bond market
Passively tracks the Solactive High Beta High Yield Bond Index
Currently has $0 in assets under management

⚠️ Primary Risks

Higher volatility and risk profile compared to traditional high-yield bond funds
Potential for increased credit risk and default risk from the high-yield bond holdings
Limited diversification given the targeted high beta strategy
Tracking error risk in replicating the underlying index

👤 Best For

This ETF may be suitable for experienced, risk-tolerant investors seeking higher potential returns from the high-yield bond market, but who understand the increased volatility and risks involved. It is not recommended for conservative or risk-averse investors.