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Xtrackers USD High Yield Corporate Bond ETF
ETF
HYLB
Payout Change
Pending
Price as of:
$36.52
+0.05
+0.14%
primary theme
High Yield Bond
HYLB (ETF)
Xtrackers USD High Yield Corporate Bond ETF
Payout Change
Pending
Price as of:
$36.52
+0.05
+0.14%
primary theme
High Yield Bond
HYLB (ETF)
Xtrackers USD High Yield Corporate Bond ETF
Payout Change
Pending
Price as of:
$36.52
+0.05
+0.14%
primary theme
High Yield Bond
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
8.2%
1 yr return
13.1%
3 Yr Avg Return
3.1%
5 Yr Avg Return
3.9%
Net Assets
$3.26 B
Holdings in Top 10
10.9%
52 WEEK LOW AND HIGH
$36.5
$34.46
$36.92
Expenses
OPERATING FEES
Expense Ratio 0.05%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 37.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
HYLB - Profile
Distributions
- YTD Total Return 8.2%
- 3 Yr Annualized Total Return 3.1%
- 5 Yr Annualized Total Return 3.9%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 4.27%
- Dividend Yield 6.3%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameXtrackers USD High Yield Corporate Bond ETF
-
Fund Family NameXTRACKERS
-
Inception DateDec 07, 2016
-
Shares Outstanding114387501
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBrandon Matsui
Fund Description
The fund, using a “passive” or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the Underlying Index, which is comprised of US dollar-denominated high yield corporate bonds.The fund uses a representative sampling indexing strategy in seeking to track the Underlying Index, meaning it generally will invest in a sample of securities in the index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Underlying Index as a whole. The fund will invest at least 80% of its total assets (but typically far more) in instruments that comprise the Underlying Index.The high yield bond positions included in the Underlying Index are designed to represent a more liquid selection of bonds than the universe of high yield bonds in the United States not included in the Underlying Index. Currently, the bonds eligible for inclusion in the Underlying Index include US dollar-denominated high yield corporate bonds that: (i) are issued by companies with a country of risk classified as developed markets by the index provider; (ii) have a composite rating calculated from available ratings among three rating agencies: Moody’s®Investors Service, Inc. (“Moody’s”), Fitch, Inc. (“Fitch”) and Standard & Poor’s® Financial Services, LLC (“S&P”) as sub-investment grade; (iii) are from issuers with at least $1 billion outstanding face value; (iv) have at least $400 million of outstanding face value; (v) have an original maturity date at most 15 years; and (vi) have at least one year to maturity (or at least 20 months to maturity for bonds newly added to the Underlying Index). In addition, the Underlying Index may include a substantial number of bonds offered pursuant to Rule 144A under the Securities Act of 1933, as amended (the “1933 Act”). Under normal circumstances, the Underlying Index is reconstituted and rebalanced on a monthly basis. The fund changesits portfolio in accordance with the Underlying Index, and, therefore, any changes to the Underlying Index’s reconstitution and rebalance schedule will result in corresponding changes to the fund’s schedule of portfolio changes. The Underlying Index is market capitalization weighted and the percentage weight of any issuer is capped at 3%. The Underlying Index is sponsored by Solactive AG (“Solactive” or “Index Provider”), which is not affiliated with or sponsored by the fund or the Advisor.As of October 31, 2023, the Underlying Index was comprised of 1,083 bonds issued by 464 different issuers with an average amount outstanding of approximately $879 million and a minimum amount outstanding of approximately $300 million, from issuers in the following countries (as indicated by country of domicile): Australia, Austria, Bermuda, British Virgin Islands, Canada, CaymanIslands, France, Germany, Hong Kong, Ireland, Israel, Japan, Jersey Channel Islands, Luxembourg, the Netherlands,Singapore, Spain, the United Kingdom and the United States.As of October 31, 2023, a significant percentage of the Underlying Index was comprised of issuers from the United States.The fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in high yield corporate bonds.The fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to the extent that its Underlying Index is concentrated. As of October 31, 2023, a significant percentage of the Underlying Index was comprised of issuers in the consumer cyclical andcommunicationssectors. The fund’s exposure to particular sectors or countries may change over time to correspond to changes in the Underlying Index.The fund is not sponsored, endorsed, sold or promoted by Solactive.Securities lending. The fund may lend securities (up to one-third of total assets) to approved institutions, such as registered broker-dealers,pooled investment vehicles,banks and other financial institutions. In connection with such loans, the fund receives liquid collateral in an amount that isbased on the type and value of the securities being lent.
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HYLB - Performance
Return Ranking - Trailing
| Period | HYLB Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.2% | -7.0% | 15.5% | 28.66% |
| 1 Yr | 13.1% | -1.8% | 17.8% | 31.92% |
| 3 Yr | 3.1%* | -14.3% | 21.4% | 36.61% |
| 5 Yr | 3.9%* | -11.1% | 37.3% | 47.62% |
| 10 Yr | N/A* | -4.9% | 20.1% | 11.53% |
* Annualized
Return Ranking - Calendar
| Period | HYLB Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 5.5% | -4.7% | 14.3% | 44.61% |
| 2022 | -15.4% | -33.4% | 3.6% | 47.19% |
| 2021 | -0.6% | -8.4% | 8.2% | 73.46% |
| 2020 | -0.6% | -13.2% | 302.7% | 58.02% |
| 2019 | 7.7% | -4.4% | 13.3% | 56.99% |
Total Return Ranking - Trailing
| Period | HYLB Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.2% | -7.0% | 15.5% | 28.66% |
| 1 Yr | 13.1% | -1.8% | 17.8% | 31.92% |
| 3 Yr | 3.1%* | -14.3% | 21.4% | 36.61% |
| 5 Yr | 3.9%* | -11.1% | 37.3% | 47.62% |
| 10 Yr | N/A* | -4.9% | 20.1% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | HYLB Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 12.0% | -4.7% | 18.7% | 56.37% |
| 2022 | -10.8% | -33.4% | 47.8% | 52.64% |
| 2021 | 3.9% | -8.4% | 12.4% | 75.34% |
| 2020 | 5.0% | -9.6% | 325.6% | 59.08% |
| 2019 | 14.1% | -3.8% | 19.4% | 46.46% |
HYLB - Holdings
Concentration Analysis
| HYLB | Category Low | Category High | HYLB % Rank | |
|---|---|---|---|---|
| Net Assets | 3.26 B | 3.13 M | 23.6 B | 15.80% |
| Number of Holdings | 1122 | 2 | 3879 | 6.06% |
| Net Assets in Top 10 | 392 M | -492 M | 5.25 B | 19.48% |
| Weighting of Top 10 | 10.87% | 4.2% | 146.0% | 69.39% |
Top 10 Holdings
- DWS GOVERNMENT AND AGENCY SECURITIES PORTFOLIO DWS GOVERNMENT CASH INSTITUTIONAL SHARES 6.63%
- DWS GOVERNMENT MONEY MARKET SERIES INSTITUTIONAL SHARES 1.13%
- Medline Borrower LP 0.45%
- Cloud Software Group Inc 0.42%
- Cloud Software Group Inc 0.41%
- Directv Financing LLC / Directv Financing Co-Obligor Inc 0.38%
- DISH Network Corp 0.38%
- HUB International Ltd 0.37%
- Venture Global LNG Inc 0.36%
- Teva Pharmaceutical Finance Netherlands III BV 0.34%
Asset Allocation
| Weighting | Return Low | Return High | HYLB % Rank | |
|---|---|---|---|---|
| Bonds | 97.81% | 0.00% | 145.36% | 18.73% |
| Cash | 7.76% | -52.00% | 48.02% | 20.29% |
| Convertible Bonds | 0.99% | 0.00% | 17.89% | 55.32% |
| Stocks | 0.00% | 0.00% | 99.64% | 94.14% |
| Preferred Stocks | 0.00% | 0.00% | 4.97% | 85.92% |
| Other | 0.00% | -39.08% | 99.96% | 81.51% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | HYLB % Rank | |
|---|---|---|---|---|
| Corporate | 99.55% | 0.00% | 100.00% | 4.10% |
| Cash & Equivalents | 7.76% | 0.00% | 48.02% | 16.37% |
| Derivative | 0.00% | -14.19% | 42.26% | 77.58% |
| Securitized | 0.00% | 0.00% | 97.24% | 89.67% |
| Municipal | 0.00% | 0.00% | 1.17% | 79.34% |
| Government | 0.00% | 0.00% | 99.07% | 85.25% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | HYLB % Rank | |
|---|---|---|---|---|
| US | 97.81% | 0.00% | 126.57% | 13.75% |
| Non US | 0.00% | 0.00% | 96.91% | 86.09% |
HYLB - Expenses
Operational Fees
| HYLB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.05% | 0.02% | 38.33% | 99.67% |
| Management Fee | 0.05% | 0.00% | 1.75% | 1.14% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
| HYLB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| HYLB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| HYLB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 37.00% | 1.00% | 255.00% | 11.81% |
HYLB - Distributions
Dividend Yield Analysis
| HYLB | Category Low | Category High | HYLB % Rank | |
|---|---|---|---|---|
| Dividend Yield | 6.31% | 0.00% | 11.76% | 33.33% |
Dividend Distribution Analysis
| HYLB | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | SemiAnnual | Monthly | Monthly |
Net Income Ratio Analysis
| HYLB | Category Low | Category High | HYLB % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 4.27% | -2.39% | 9.30% | 55.83% |
Capital Gain Distribution Analysis
| HYLB | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 01, 2024 | $0.192 | OrdinaryDividend |
| Oct 01, 2024 | $0.191 | OrdinaryDividend |
| Sep 03, 2024 | $0.192 | OrdinaryDividend |
| Aug 01, 2024 | $0.190 | OrdinaryDividend |
| Jul 01, 2024 | $0.183 | OrdinaryDividend |
| Jun 03, 2024 | $0.185 | OrdinaryDividend |
| May 01, 2024 | $0.183 | OrdinaryDividend |
| Apr 01, 2024 | $0.199 | OrdinaryDividend |
| Mar 01, 2024 | $0.172 | OrdinaryDividend |
| Feb 01, 2024 | $0.182 | OrdinaryDividend |
| Dec 21, 2023 | $0.171 | OrdinaryDividend |
| Dec 01, 2023 | $0.167 | OrdinaryDividend |
| Nov 01, 2023 | $0.181 | OrdinaryDividend |
| Oct 02, 2023 | $0.180 | OrdinaryDividend |
| Sep 01, 2023 | $0.184 | OrdinaryDividend |
| Aug 01, 2023 | $0.177 | OrdinaryDividend |
| Jul 03, 2023 | $0.165 | OrdinaryDividend |
| Jun 01, 2023 | $0.184 | OrdinaryDividend |
| May 01, 2023 | $0.161 | OrdinaryDividend |
| Apr 03, 2023 | $0.170 | OrdinaryDividend |
| Mar 01, 2023 | $0.158 | OrdinaryDividend |
| Feb 01, 2023 | $0.179 | OrdinaryDividend |
| Dec 22, 2022 | $0.153 | OrdinaryDividend |
| Dec 01, 2022 | $0.156 | OrdinaryDividend |
| Nov 01, 2022 | $0.151 | OrdinaryDividend |
| Oct 03, 2022 | $0.151 | OrdinaryDividend |
| Sep 01, 2022 | $0.179 | OrdinaryDividend |
| Aug 01, 2022 | $0.143 | OrdinaryDividend |
| Jul 01, 2022 | $0.175 | OrdinaryDividend |
| Jun 01, 2022 | $0.144 | OrdinaryDividend |
| May 02, 2022 | $0.155 | OrdinaryDividend |
| Apr 01, 2022 | $0.151 | OrdinaryDividend |
| Mar 01, 2022 | $0.143 | OrdinaryDividend |
| Feb 01, 2022 | $0.163 | OrdinaryDividend |
| Dec 22, 2021 | $0.071 | OrdinaryDividend |
| Dec 01, 2021 | $0.153 | OrdinaryDividend |
| Nov 01, 2021 | $0.147 | OrdinaryDividend |
| Oct 01, 2021 | $0.151 | OrdinaryDividend |
| Sep 01, 2021 | $0.157 | OrdinaryDividend |
| Aug 02, 2021 | $0.161 | OrdinaryDividend |
| Jul 01, 2021 | $0.159 | OrdinaryDividend |
| Jun 01, 2021 | $0.164 | OrdinaryDividend |
| May 03, 2021 | $0.149 | OrdinaryDividend |
| Apr 01, 2021 | $0.152 | OrdinaryDividend |
| Mar 01, 2021 | $0.154 | OrdinaryDividend |
| Feb 01, 2021 | $0.155 | OrdinaryDividend |
| Dec 22, 2020 | $0.161 | OrdinaryDividend |
| Dec 01, 2020 | $0.173 | OrdinaryDividend |
| Nov 02, 2020 | $0.176 | OrdinaryDividend |
| Oct 01, 2020 | $0.175 | OrdinaryDividend |
| Sep 01, 2020 | $0.138 | OrdinaryDividend |
| Aug 03, 2020 | $0.156 | OrdinaryDividend |
| Jul 01, 2020 | $0.200 | OrdinaryDividend |
| Jun 01, 2020 | $0.179 | OrdinaryDividend |
| May 01, 2020 | $0.162 | OrdinaryDividend |
| Apr 01, 2020 | $0.173 | OrdinaryDividend |
| Mar 02, 2020 | $0.204 | OrdinaryDividend |
| Feb 03, 2020 | $0.197 | OrdinaryDividend |
| Dec 20, 2019 | $0.183 | OrdinaryDividend |
| Dec 03, 2019 | $0.186 | OrdinaryDividend |
| Nov 01, 2019 | $0.191 | OrdinaryDividend |
| Oct 01, 2019 | $0.191 | OrdinaryDividend |
| Sep 04, 2019 | $0.189 | OrdinaryDividend |
| Aug 01, 2019 | $0.190 | OrdinaryDividend |
| Jul 01, 2019 | $0.190 | OrdinaryDividend |
| Jun 03, 2019 | $0.192 | OrdinaryDividend |
| May 01, 2019 | $0.188 | OrdinaryDividend |
| Apr 01, 2019 | $0.206 | OrdinaryDividend |
| Mar 01, 2019 | $0.192 | OrdinaryDividend |
| Feb 01, 2019 | $0.200 | OrdinaryDividend |
| Dec 21, 2018 | $0.202 | OrdinaryDividend |
| Dec 03, 2018 | $0.205 | OrdinaryDividend |
| Nov 01, 2018 | $0.193 | OrdinaryDividend |
| Oct 02, 2018 | $0.186 | OrdinaryDividend |
| Sep 04, 2018 | $0.188 | OrdinaryDividend |
| Aug 01, 2018 | $0.178 | OrdinaryDividend |
| Jul 03, 2018 | $0.178 | OrdinaryDividend |
| Jun 01, 2018 | $0.211 | OrdinaryDividend |
| May 01, 2018 | $0.169 | OrdinaryDividend |
| Apr 02, 2018 | $0.180 | OrdinaryDividend |
| Mar 01, 2018 | $0.172 | OrdinaryDividend |
| Feb 01, 2018 | $0.167 | OrdinaryDividend |
| Dec 22, 2017 | $0.175 | OrdinaryDividend |
| Dec 01, 2017 | $0.171 | OrdinaryDividend |
| Nov 01, 2017 | $0.165 | OrdinaryDividend |
| Oct 02, 2017 | $0.183 | OrdinaryDividend |
| Sep 01, 2017 | $0.201 | OrdinaryDividend |
| Aug 01, 2017 | $0.213 | OrdinaryDividend |
| Jul 03, 2017 | $0.206 | OrdinaryDividend |
| Jun 01, 2017 | $0.205 | OrdinaryDividend |
| May 01, 2017 | $0.211 | OrdinaryDividend |
| Apr 03, 2017 | $0.208 | OrdinaryDividend |
| Mar 01, 2017 | $0.212 | OrdinaryDividend |
| Feb 01, 2017 | $0.208 | OrdinaryDividend |
| Dec 27, 2016 | $0.109 | OrdinaryDividend |
HYLB - Fund Manager Analysis
Managers
Brandon Matsui
Start Date
Tenure
Tenure Rank
Dec 06, 2016
5.48
5.5%
■ Joined DWS Group GmbH & Co. KGaA in 2011 with 12 years of industry experience. ■ Fixed Income Portfolio Manager, Passive Asset Management: New York. Mr. Matsui is a Director with Deutsche Asset Management and has served as a Portfolio Manager in the Passive Asset Management business since 2016. Prior to joining the Passive Asset Management business, Mr. Matsui served as a Managing Director and Portfolio Manager for Charles Schwab Investment Management, Inc. (CSIM) where he was responsible for the day-to-day co-management of Schwab’s taxable bond funds and the Schwab Fixed-Income ETFs. Before joining CSIM in 2010, Mr. Matsui was an associate Portfolio Manager on the Beta Management team at BNY Mellon and an analyst in the portfolio analytics group at BlackRock Solutions. Mr. Matsui earned an MBA from the University of Hawaii, with an emphasis in Finance and a minor in Japanese. He is a CFA Charterholder and has earned the Financial Risk Manager (FRM) certification. ■ BS in History, University of California, Irvine
Bryan Richards
Start Date
Tenure
Tenure Rank
Dec 06, 2016
5.48
5.5%
■ Joined DWS Group GmbH & Co. KGaA in 2011 with 11 years of industry experience. ■ Head of Passive Portfolio Management, Americas: New York. Bryan Richards is a Director with Deutsche Asset and Wealth Management and has served as a Portfolio Manager in the Passive Asset Management business since 2011. Mr. Richards began his career as an equity analyst at Fairhaven Capital LLC in Boston supporting two Portfolio Managers in a long-short equity strategy. Mr. Richards joined XShares Advisors, an ETF issuer, as a Vice President in 2007, providing analysis on index and fund construction as well as fund operations and performance before being promoted to Director of Fund Operations in 2009. Mr. Richards holds a BS Degree in Finance from Boston College and is a CFA Charterholder.
Alexander Bridgeforth
Start Date
Tenure
Tenure Rank
Dec 06, 2016
5.48
5.5%
Mr. Bridgeforth joined DWS in 2016. Mr. Bridgeforth is an Assistant Vice President with Deutsche Asset Management and has served as a Portfolio Manager in the Passive Asset Management business since 2016. Prior to his current role, Mr. Bridgeforth was an Associate Portfolio Manager for Charles Schwab Investment Management, Inc. (CSIM) where he co-managed Schwab’s taxable bond funds and the Schwab Fixed-Income ETFs. Prior to his Portfolio Manager role, Mr. Bridgeforth served as an Associate Trading Assistant in fixed income with CSIM. Mr. Bridgeforth earned a Bachelor of Science in Finance from the University of Arizona and has passed the first level of the CFA program.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.13 | 37.79 | 7.32 | 8.17 |
