(HYLB) USD High Yield Corporate - Overview
ETF Category: High Yield Bond | Exchange: NYSE (USA) | Market Cap: 3.405m USD | Total Return: 6.5% in 12m
Avg Turnover: 32.3M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The Xtrackers USD High Yield Corporate Bond ETF (HYLB) seeks to track the performance of U.S. dollar-denominated high-yield corporate debt. Under normal circumstances, the fund allocates at least 80% of its net assets to bonds rated below investment grade, commonly referred to as junk bonds. The fund’s concentration strategy mirrors its underlying index, potentially allocating 25% or more of assets to specific industries if the index dictates such weighting.
High-yield bonds typically offer higher coupon rates than investment-grade debt to compensate investors for increased credit risk and the higher probability of issuer default. This asset class often exhibits a higher correlation with equity markets than government treasuries, as the underlying companies ability to service debt is closely tied to economic cycles and corporate earnings. Investors can utilize ValueRay to further analyze how these credit spreads impact portfolio volatility.
- Fed interest rate policy shifts impact high yield bond valuations
- Corporate credit spreads widen as recessionary default risks increase
- High yield issuance volume fluctuates with corporate refinancing demand
- Energy and industrial sector concentration drives underlying credit performance
As of June 07, 2026, the stock is trading at USD 36.27 with a total of 1,008,110 shares traded.
Over the past week, the price has changed by -0.55%,
over one month by -0.12%,
over three months by +0.77% and
over the past year by +6.47%.
USD High Yield Corporate has no consensus analysts rating.