HYDWXtrackers Low Beta High Yield Bond ETF
HYDW Fund Description
HYDW tracks an index of USD-denominated high yield bonds with a low yield to worst.
HYDW Factset Analytics Insight
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 sector’s 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.
HYDW MSCI ESG Analytics Insight
Xtrackers Low Beta High Yield Bond ETF has an MSCI ESG Fund Rating of BB based on a score of 4.11 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Xtrackers Low Beta High Yield Bond ETF ranks in the 14th percentile within its peer group and in the 76th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
HYDW Summary Data
HYDW Portfolio Data
HYDW Index Data
HYDW Portfolio Management
HYDW Tax Exposures
HYDW Fund Structure
HYDW Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of HYDW. HYDW is rated a N/A out of 5.
HYDW Sector/Industry Breakdown
HYDW Top 10 Holdings[View All]
HYDW Top 5 Countries
HYDW Top 5 Currencies