THHY

VanEck Vectors Treasury-Hedged High Yield Bond ETF
N/A

N/A
  • Overview
  • Efficiency
  • Tradability
  • Fit

THHY Fund Description

The VanEck Vectors Treasury-Hedged High Yield Bond ETF tracks a market-cap-weighted index of high-yield corporate bonds and, in an equal dollar amount, shorts 5-year Treasury futures.

THHY Factset Analytics Insight

This fund is closing. The last date of trading is 29-Sep-2017.

THHY gives investors yet another tool for positioning their portfolios against rising interest rates. The fund aims at capturing purely the credit spread while immunizing itself from interest rate risk. The fund holds a portfolio of USD-denominated high-yield corporate bonds while simultaneously shorting 5-year Treasury futures contracts. The net effect reduces the fund's effective duration to nearly zero. The fund carries a reasonable expense of 50 bps, especially in the context duration-hedged strategy. Interest and trading in THHY has yet to pick up, all pointing to high fund closure risk. Still, THHY gives investors a potent dose of credit exposure with radically reduced duration risk.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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THHY Top 10 Countries View All

THHY Top 10 Sectors

THHY Top 10 Holdings View All

THHY Summary Data

VanEck
03/21/13
Open-Ended Fund
0.5%
$4.76M
$19.71K
0.42%

THHY Portfolio Data

-0.04
--
5.44%
10/02/17
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THHY Index Data

MVIS US Treasury-Hedged High Yield Bond Index
Market Value
Market Value
Barclays U.S. Corporate High Yield Index

Related ETFs to THHY

N/A
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

THHY Portfolio Management

0.5%
-0.96%
-0.1%
-3.15%

THHY Tax Exposures

20% / 39.6%
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Ordinary income
No

THHY Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Closing
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
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LAST 10 TRADES
TIMEPRICESHARES
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Bats BZX Real-time Quote - 23:59:59
Daily Spread
Premium/Discount
Volume

THHY Factset Analytics Block Liquidity

As of 12/11/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of THHY. THHY is rated a 3 out of 5.

THHY Tradability

451
$19.71K
8
$3.28K
0.42%
$0.1
-0.38%
0.5% / -1.7%
None
100%
100,000
0
0.02%
1.05%
--
$23.79
3

THHY Top 5 Countries

73.35% 90.05%
3.68% 3.17%
2.27% 2.09%
1.51% 1.15%
0.52% 0.94%

THHY Top 5 Currencies

100.00% 100.00%
98.75% 98.28%
1.23% 1.72%

THHY Performance Statistics

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THHY Holdings Statistics

THHY Maturity Distribution

0.45% 1.76%
13.10% 10.81%
26.48% 21.33%
29.22% 31.06%
24.03% 21.33%
6.73% 9.94%

THHY Credit Breakdown

0.00% 0.00%
0.00% 0.00%
0.05% 0.00%
0.16% 0.00%
44.99% 57.84%
38.38% 28.91%
14.44% 6.55%
1.46% 1.16%
0.16% 0.00%