XHYT

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF

$34.55
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF (XHYT) seeks to track the performance of a benchmark index that provides exposure to high-yield corporate bonds issued by companies in the telecom, media, and technology sectors.

Overview

ETF tracking BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF

Issuer Other
Inception Date 2022-02-17
Market Cap $62.2M
Average Volume N/A
Dividend Yield 6.42%
52-Week Range $32.96 - $35.51
VWAP $34.63

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF (XHYT) seeks to track the performance of a benchmark index that provides exposure to high-yield corporate bonds issued by companies in the telecom, media, and technology sectors.

🎯 Investment Strategy

The ETF invests in a portfolio of high-yield corporate bonds that are designed to closely match the holdings and performance of its target index. The index is composed of US dollar-denominated, high-yield corporate bonds issued by companies in the telecom, media, and technology industries.

✨ Key Features

  • Provides targeted exposure to the high-yield bond market within the telecom, media, and technology sectors
  • Seeks to track the performance of a specialized index focused on this market segment
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • High-yield bonds are subject to greater credit and default risk compared to investment-grade bonds
  • Sector-specific funds like this may be more volatile and less diversified than broad-based bond funds
  • Interest rate risk as bond prices generally decline when interest rates rise
  • Limited liquidity and trading volume for this new ETF

👤 Best For

This ETF may be suitable for investors seeking targeted high-yield bond exposure in the telecom, media, and technology sectors as part of a diversified fixed-income allocation. However, due to the fund's limited history, it may be more appropriate for experienced investors willing to accept the higher risks associated with high-yield and sector-specific bond investments.