(XCCC) BondBloxx Trust - Overview
ETF Category: High Yield Bond | Exchange: NYSE ARCA (USA) | Market Cap: 274m USD | Total Return: 5.5% in 12m
Avg Turnover: 3.32M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC) focuses on the lowest tier of the high-yield credit market. The fund allocates at least 80% of its assets to U.S. dollar-denominated corporate bonds rated below investment grade, specifically targeting the CCC-rated segment. These securities are issued by companies with higher leverage or more volatile cash flows compared to investment-grade peers, offering higher yields to compensate for increased credit risk.
The high-yield sector typically exhibits a higher correlation with equity markets than government debt, as the performance of these bonds is closely tied to the underlying solvency and economic health of the issuing corporations. Unlike diversified bond funds, XCCC is non-diversified, allowing for more concentrated exposure to specific issuers within the CCC credit bucket. Investors can use ValueRay to evaluate how these credit risks align with their broader portfolio strategy.
- Federal Reserve interest rate pivots impact underlying bond valuations and yields
- Corporate default rates among CCC-rated issuers influence fund net asset value
- High-yield credit spread compression or expansion drives total return performance
- Investor appetite for risk-on assets determines capital inflows and liquidity levels
- Economic growth stability affects the solvency of highly leveraged corporate borrowers
As of June 07, 2026, the stock is trading at USD 36.42 with a total of 39,667 shares traded.
Over the past week, the price has changed by -0.78%,
over one month by -0.77%,
over three months by +1.64% and
over the past year by +5.45%.
BondBloxx Trust has no consensus analysts rating.