Xtrackers Usd High Etf Profile
| HYLB Etf | USD 34.88 0.04 0.11% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Xtrackers USD is trading at 34.88 as of the 19th of April 2024, a 0.11 percent up since the beginning of the trading day. The etf's open price was 34.84. Xtrackers USD has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Xtrackers USD High are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of April 2022 and ending today, the 19th of April 2024. Click here to learn more.
The fund will normally invest at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in high yield corporate bonds. Xt USD is traded on NYSEARCA Exchange in the United States. More on Xtrackers USD High
Moving together with Xtrackers Etf
| 1.0 | HYG | iShares iBoxx High | PairCorr |
| 0.91 | USHY | iShares Broad USD | PairCorr |
| 0.91 | JNK | SPDR Bloomberg High | PairCorr |
| 0.9 | SHYG | iShares 0 5 | PairCorr |
| 0.97 | SJNK | SPDR Bloomberg Short | PairCorr |
| 0.84 | ANGL | VanEck Fallen Angel | PairCorr |
Xtrackers Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Xtrackers USD's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Xtrackers USD or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | High Yield ETFs, Corporate ETFs, High Yield Bond, Xtrackers (View all Sectors) |
| Issuer | DWS |
| Inception Date | 2016-12-07 |
| Benchmark | Solactive USD High Yield Corporates Total Market Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 3.11 Billion |
| Average Trading Valume | 2.14 Million |
| Asset Type | Fixed Income |
| Category | Corporate |
| Focus | High Yield |
| Market Concentration | Developed Markets |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | DBX Advisors LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Bryan Richards, Brandon Matsui, Tanuj Dora, Alexander Bridgeforth |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 1,068 |
| Market Maker | Jane Street |
| Total Expense | 0.2 |
| Management Fee | 0.2 |
| Country Name | USA |
| Returns Y T D | (0.46) |
| Name | Xtrackers USD High Yield Corporate Bond ETF |
| Currency Code | USD |
| In Threey Volatility | 8.85 |
| 1y Volatility | 6.44 |
| 200 Day M A | 34.7082 |
| 50 Day M A | 35.4126 |
| Code | HYLB |
| Updated At | 19th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.1) |
Xtrackers USD High [HYLB] is traded in USA and was established 2016-12-06. The fund is listed under High Yield Bond category and is part of Xtrackers family. The entity is thematically classified as High Yield ETFs. Xtrackers USD High currently have 3.34 B in assets under management (AUM). , while the total return for the last 3 years was 0.7%.
Check Xtrackers USD Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Xtrackers Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Xtrackers Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Xtrackers USD High Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Xtrackers USD High Currency Exposure
Xtrackers USD High holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Xtrackers USD will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Xtrackers USD High.
Top Xtrackers USD High Etf Constituents
| Ford Motor Company 8.5% | 0.33000002% |
| Caesars Entertainment Inc New 6.25% | 0.3% |
| CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75% | 0.28% |
| Centene Corporation 4.62% | 0.32% |
| TransDigm, Inc. 6.25% | 0.39% |
| Teva Pharmaceutical Finance Netherlands III B.V. 3.15% | 0.28% |
| Ford Motor Company 9% | 0.37% |
| Carnival Corporation 5.75% | 0.3% |
| CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.12% | 0.29% |
| T-Mobile US, Inc. 7.88% | 0.41% |
Xtrackers USD Target Price Odds Analysis
What are Xtrackers USD's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Xtrackers USD jumping above the current price in 90 days from now is about 89.01%. The Xtrackers USD High probability density function shows the probability of Xtrackers USD etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Xtrackers USD has a beta of 0.3639. This usually indicates as returns on the market go up, Xtrackers USD average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Xtrackers USD High will be expected to be much smaller as well. Additionally, xtrackers USD High has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Xtrackers USD to move above the current price in 90 days from now is about 89.01 (This Xtrackers USD High probability density function shows the probability of Xtrackers Etf to fall within a particular range of prices over 90 days) .
Xtrackers USD Top Holders
| BTSAX | Bts Managed Income | Mutual Fund | Nontraditional Bond |
| VSZBX | Voya Index Solution | Mutual Fund | Target-Date 2025 |
| JRVRX | Retirement Choices At | Mutual Fund | Target-Date 2045 |
| QGRYX | Oppenheimer Gbl Alloc | Mutual Fund | World Allocation |
| JRTIX | Multi Index 2030 Lifetime | Mutual Fund | Target-Date 2030 |
| JRLPX | Multi Index 2020 Lifetime | Mutual Fund | Target-Date 2020 |
| VSZEX | Voya Index Solution | Mutual Fund | Target-Date 2040 |
Xtrackers USD High Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Xtrackers USD market risk premium is the additional return an investor will receive from holding Xtrackers USD long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Xtrackers USD. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Xtrackers USD's alpha and beta are two of the key measurements used to evaluate Xtrackers USD's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.03) |
Xtrackers USD Against Markets
Picking the right benchmark for Xtrackers USD etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Xtrackers USD etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Xtrackers USD is critical whether you are bullish or bearish towards Xtrackers USD High at a given time. Please also check how Xtrackers USD's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Xtrackers USD without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Xtrackers Etf?
Before investing in Xtrackers USD, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Xtrackers USD. To buy Xtrackers USD etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Xtrackers USD. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Xtrackers USD etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Xtrackers USD High etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Xtrackers USD High etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Xtrackers USD High, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Xtrackers Etf please use our How to Invest in Xtrackers USD guide.
Already Invested in Xtrackers USD High?
The danger of trading Xtrackers USD High is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Xtrackers USD is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Xtrackers USD. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Xtrackers USD High is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Xtrackers USD High offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Xtrackers USD's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Xtrackers Usd High Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Xtrackers Usd High Etf: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Xtrackers USD High. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of Xtrackers USD High is measured differently than its book value, which is the value of Xtrackers that is recorded on the company's balance sheet. Investors also form their own opinion of Xtrackers USD's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers USD's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Xtrackers USD's market value can be influenced by many factors that don't directly affect Xtrackers USD's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Xtrackers USD's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers USD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers USD's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.