HYLD

High Yield ETF
D

N/A
*Unless otherwise stated, data provided by FactSet.

HYLD Fund Description

The High Yield ETF seeks to generate high current income, with a secondary goal of capital appreciation, via high-yield debt securities.

HYLD Factset Analytics Insight

HYLD is a large, actively managed fund that invests in a portfolio of junk bonds, loans, and stocks. With no baked-in diversification requirements, its portfolio tilts, yield and risks are fluid and portfolio exposure can sometimes concentrate in specific sectors and industries. The portfolio manager picks bonds, with bottom-up analysis, traded in secondary markets. It bears mentioning that HYLD may own ETFs—including leveraged and inverse funds—to achieve its stated goals or to hedge exposure. HYLD's onscreen liquidity is weak, with large spreads posing challenges to retail investors, while the underlying securities make it hard to get great execution for block trades. HYLD is a very expensive actively managed ETF, and its large expense ratio is a huge hurdle to overcome. While it can't be evaluated for tracking error in the same manner as a passive fund, the high expense ratio drives a wedge between the performance of the underlying securities and the returns investors will realize.

HYLD CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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  • YTD
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  • 3 Years
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COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 09/20/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HYLD 0.34% 0.78% 6.44% 9.57% 6.68% 0.96% --
HYLD (NAV) 1.04% 1.25% 5.52% 8.19% 6.36% 0.98% --
No Underlying Index -- -- -- -- -- -- --
Bloomberg Barclays US Corporate High Yield Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

HYLD Top 10 Countries [View All]

HYLD Top 10 Sectors

HYLD Top 10 Holdings [View All]

HYLD Summary Data

HYLD
11/30/10
Open-Ended Fund
1.25%
$176.61M
$763.65K
0.18%

HYLD Portfolio Data

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05/25/18
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HYLD Index Data

No Underlying Index
Proprietary
Proprietary
Bloomberg Barclays US Corporate High Yield Index

HYLD Portfolio Management

1.25%
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HYLD Tax Exposures

20.00% / 39.60%
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Ordinary income
No

HYLD Fund Structure

Open-Ended Fund
No
Yes
No Policy
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

HYLD Factset Analytics Block Liquidity

As of 09/21/18
5
4
3
2
1

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

HYLD Tradability

20,377
$763.65K
15,558
$591.96K
0.18%
$0.07
-0.42%
0.64% / -2.18%
None
100.00%
50,000
0.31
0.03%
0%
665
$36.81
3

HYLD Sector/Industry Breakdown


HYLD
Segment Benchmark
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2.71%
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9.04%
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88.25%
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0.00%

HYLD Top 10 Holdings[View All]

11.18%
3.71%
2.40%
1.99%
1.91%
1.89%
1.72%
1.71%
1.56%
1.54%
29.61%

HYLD Top 5 Countries


HYLD
Segment Benchmark
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0.02%
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0.06%
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4.42%
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0.07%
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2.03%

HYLD Top 5 Currencies


HYLD
Segment Benchmark
--
100.00%

HYLD Economic Development


HYLD
Segment Benchmark
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1.23%
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98.75%

HYLD Performance Statistics

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HYLD HOLDINGS STATISTICS


HYLD
Segment Benchmark
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Low
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N/A
B

HYLD MATURITY DISTRIBUTION


HYLD
Segment Benchmark
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HYLD CREDIT BREAKDOWN


HYLD
Segment Benchmark
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