DBX ETF Trust Xtrackers USD High Yield BB-B ex Financials ETFDBX ETF Trust Xtrackers USD High Yield BB-B ex Financials ETFDBX ETF Trust Xtrackers USD High Yield BB-B ex Financials ETF

DBX ETF Trust Xtrackers USD High Yield BB-B ex Financials ETF

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Key stats


Assets under management (AUM)
‪839.14 M‬USD
Fund flows (1Y)
‪194.98 M‬USD
Dividend yield (indicated)
6.90%
Discount/Premium to NAV
0.2%
Shares outstanding
‪15.55 M‬
Expense ratio
0.20%

About DBX ETF Trust Xtrackers USD High Yield BB-B ex Financials ETF


Brand
Xtrackers
Home page
Inception date
Oct 27, 2023
Structure
Open-Ended Fund
Index tracked
ICE BofA BB-B Non-FNCL Non-Distressed US HY Constrained Index - Benchmark TR Gross
Replication method
Physical
Management style
Passive
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.
BHYB focuses on the top two tiers of the junk bond market segment. The fund consists of corporate bonds with credit ratings ranging from Ba1/BB+ to B3/B-. Companies, whether U.S.-based or international, have the flexibility to issue these bonds, provided that they are denominated in USD. Eligible debt securities are issued by companies exposed to risk in FX-G10 member countries and have at least one year remaining until maturity. Additionally, only those with an option spread of less than 10% are included. The Underlying Index is market value-weighted with a maximum 2% allocation per issuer, and any surplus weight is allocated proportionally to the other qualifying issuers. However, in cases where there are fewer than 50 bonds qualify for inclusion, the holdings will be equally weighted. The index excludes those tied to the financial sector. The fund may enter lending transactions. The securities in the Underlying Index are rebalanced on the last calendar day of each month.

Broaden your horizons with more funds linked to BHYB via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
High yield
Niche
Broad maturities
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market value
Selection criteria
Credit rating
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Stock breakdown by region
0.8%90%7%0.1%0%1%
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.

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.
BHYB trades at 54.28 USD today, its price has risen 0.20% in the past 24 hours. Track more dynamics on BHYB price chart.
BHYB net asset value is 54.11 today — it's risen 1.48% 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.
BHYB assets under management is ‪839.14 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.
BHYB price has risen by 1.63% over the last month, and its yearly performance shows a 1.13% increase. See more dynamics on BHYB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.48% over the last month, showed a 1.09% increase in three-month performance and has increased by 1.13% in a year.
BHYB fund flows account for ‪194.98 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.
BHYB invests in bonds. See more details in our Analysis section.
BHYB 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, BHYB 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, BHYB 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 BHYB shows the strong buy signal. See more of BHYB technicals for a more comprehensive analysis.
Yes, BHYB pays dividends to its holders with the dividend yield of 6.90%.
BHYB 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.
BHYB shares are issued by Deutsche Bank AG
BHYB follows the ICE BofA BB-B Non-FNCL Non-Distressed US HY Constrained Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 27, 2023.
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.