Key stats
About Xtrackers Low Beta High Yield Bond ETF
Home page
Inception date
Jan 11, 2018
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
DBX Advisors LLC
Distributor
ALPS Distributors, Inc.
HYDW provides exposure to a portion of the USD high-yield bond space that exhibits lower volatility. The index calculates the median yield to worst for each sector in the USD high-yield space, and then selects all eligible securities yielding less than their sectors median yield. The idea is that lower yielding bonds tend to exhibit lower volatility. As a side effect, HYDW holds bonds with higher average credit quality and longer duration than the broader high-yield market. Issues must have less than 15 years remaining to maturity. The underlying index is market-value weighted, with monthly rebalancing and reconstitution.
Classification
What's in the fund
Exposure type
Corporate
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
HYDW trades at 46.78 USD today, its price has risen 0.28% in the past 24 hours. Track more dynamics on HYDW price chart.
HYDW net asset value is 46.78 today — it's risen 0.78% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
HYDW assets under management is 304.13 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
HYDW price has risen by 0.43% over the last month, and its yearly performance shows a 1.94% increase. See more dynamics on HYDW price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.78% over the last month, showed a 1.28% increase in three-month performance and has increased by 4.01% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.78% over the last month, showed a 1.28% increase in three-month performance and has increased by 4.01% in a year.
HYDW fund flows account for 86.89 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
HYDW invests in bonds. See more details in our Analysis section.
HYDW expense ratio is 0.20%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, HYDW isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, HYDW technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HYDW shows the buy signal. See more of HYDW technicals for a more comprehensive analysis.
Today, HYDW technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HYDW shows the buy signal. See more of HYDW technicals for a more comprehensive analysis.
Yes, HYDW pays dividends to its holders with the dividend yield of 5.41%.
HYDW trades at a premium (0.21%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
HYDW shares are issued by Deutsche Bank AG
HYDW follows the Solactive USD High Yield Corporates Total Market Low Beta Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 11, 2018.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.