Key stats
About Xtrackers High Beta High Yield Bond ETF
Home page
Inception date
Jan 11, 2018
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
DBX Advisors LLC
Distributor
Alps Distributors, Inc.
HYUP provides exposure to a portion of the USD high-yield bond space that exhibits higher beta, which may appeal to investors who want a risk-on approach. The index calculates the median yield to worst for each sector in the USD high-yield space, and then selects all eligible securities yielding higher than their sectors median yield. The result is a selection of bonds with higher volatility, lower credit quality, and higher yield than the broader high-yield market. Issues must have less than 15 years to maturity. The underlying index is market-value weighted, with monthly rebalancing and reconstitution.
Classification
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate99.08%
Mutual fund0.82%
Miscellaneous0.13%
Cash−0.03%
Displays a symbol's price movements over previous years to identify recurring trends.