SHYL

Xtrackers Short Duration High Yield Bond ETF

$44.82

+0.00%

Market closed. Last update: 10:55 PM ET

📎 Investment Objective

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

Overview

ETF tracking Xtrackers Short Duration High Yield Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2018-01-10

Market Cap $228.6M

Average Volume N/A

Dividend Yield 5.87%

52-Week Range $42.73 - $45.49

VWAP $44.83

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a diversified portfolio of high-yield corporate bonds with short-term maturities, typically less than 5 years. The fund aims to offer exposure to the short-duration segment of the high-yield bond market.

✨ Key Features

Focuses on high-yield corporate bonds with short-term maturities, typically less than 5 years
Seeks to provide exposure to the short-duration segment of the high-yield bond market
Passively managed to track the Solactive USD High Yield Corporates Total Market Index Short Duration
Low expense ratio of 0.00%

⚠️ Primary Risks

Credit risk: Invests in high-yield bonds, which have a higher risk of default compared to investment-grade bonds
Interest rate risk: Shorter-duration bonds are less sensitive to interest rate changes, but still carry some risk
Liquidity risk: High-yield bonds may have lower liquidity compared to investment-grade bonds
Concentration risk: Focused on the short-duration high-yield bond segment

👤 Best For

This ETF may be suitable for investors seeking exposure to the short-duration high-yield bond market as part of a diversified fixed-income portfolio. It may be appropriate for investors with a higher risk tolerance who are looking to generate income while mitigating interest rate sensitivity.