(HYLB) USD High Yield Corporate - Overview
ETF Category: High Yield Bond | Exchange: NYSE ARCA (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) tracks an index of U.S. dollar-denominated corporate debt rated below investment grade. The fund mandates that at least 80% of its assets be allocated to high-yield bonds, often colloquially referred to as junk bonds.
High-yield bonds typically offer higher coupon payments to compensate investors for increased credit risk and the higher probability of issuer default compared to government or investment-grade securities. The fund’s concentration strategy mirrors its underlying index, meaning it may hold 25% or more of its assets in specific industries if those sectors dominate the high-yield market, such as energy or telecommunications.
Analyzing historical default rates and credit spreads on ValueRay can provide deeper insight into this funds risk profile.
- Federal Reserve interest rate pivots dictate high yield bond valuation volatility
- Corporate default rate fluctuations impact underlying net asset value performance
- Tightening credit spreads drive price appreciation across speculative grade debt
- Sector-specific concentration risk elevates sensitivity to energy and industrial cycles
- Secondary market liquidity constraints influence fund premium and discount deviations
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.