XHYF

BondBloxx USD High Yield Bond Financial & REIT Sector ETF

$37.83
+0.00%
Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The BondBloxx USD High Yield Bond Financial & REIT Sector ETF seeks to track the performance of a benchmark index that provides exposure to high-yield corporate bonds issued by companies in the financial and real estate investment trust (REIT) sectors.

Overview

ETF tracking BondBloxx USD High Yield Bond Financial & REIT Sector ETF

Issuer Other
Inception Date 2022-02-17
Market Cap $34.0M
Average Volume N/A
Dividend Yield 5.62%
52-Week Range $36.03 - $38.30
VWAP $38.00

Performance

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Investment Summary

📎 Investment Objective

The BondBloxx USD High Yield Bond Financial & REIT Sector ETF seeks to track the performance of a benchmark index that provides exposure to high-yield corporate bonds issued by companies in the financial and real estate investment trust (REIT) sectors.

🎯 Investment Strategy

The ETF employs a passive management approach, seeking to replicate the performance of its underlying index by holding a representative sample of the index's constituent securities. The index is designed to provide exposure to high-yield corporate bonds issued by companies in the financial and REIT sectors.

✨ Key Features

  • Provides targeted exposure to high-yield corporate bonds in the financial and REIT sectors
  • Passively managed to track the performance of its underlying index
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • High-yield bond risk: Invests in lower-rated, higher-risk corporate bonds that may be subject to greater market fluctuations and risk of default
  • Sector concentration risk: Focused exposure to the financial and REIT sectors, which may be more volatile than a more diversified portfolio
  • Liquidity risk: Potential for reduced liquidity in the high-yield bond market, especially during periods of market stress
  • Tracking error risk: The fund may not perfectly track the performance of its underlying index

👤 Best For

This ETF may be suitable for investors seeking targeted exposure to high-yield corporate bonds in the financial and REIT sectors as part of a diversified fixed-income allocation. Investors should have a higher risk tolerance and a longer-term investment horizon to accommodate the potential volatility of high-yield bonds.