HYTR

CP High Yield Trend ETF
*Unless otherwise stated, data provided by FactSet.

HYTR Fund Description

HYTR aims to reduce risk by tracking a rules-based quantitative index of US bonds that will toggling between high yield and treasuries based on momentum.

HYTR Factset Analytics Insight

HYTR is an index-tracking ETF of ETFs that provides exposure to US high yield corporate bond ETFs and US 3-7 year treasuries. The index seeks to provide exposure to US high yield corporate bond while reducing risk in times of market turbulence. At each index rebalance, which can occur daily, securities are weighted using two quantitative models that blends trend-following and time-series momentum methodologies. This method provides exposure to US high yield bonds and reduces unnecessary portfolio turnover. The first model evaluates allocations to high yield bonds by determined the current market price against the dividend-adjusted 100-200 day moving average price data of HYG (75% weight) and its historical momentum returns for the same period (25% weight). The second model, depending on market turbulence, then adjusts the recommended allocation in 20% increments to high yield bond ETFs, with the balance allocated to treasury ETFs.

HYTR Charts And Performance

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
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PERFORMANCE [as of 06/02/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HYTR 0.37% -3.64% -- -- -- -- --
ticker (NAV) 0.43% -3.10% -- -- -- -- --
CP High Yield Trend Index -- -- -- -- -- -- --
Bloomberg Barclays US Corporate High Yield Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

HYTR Summary Data

Counterpoint
01/21/20
Open-Ended Fund
0.97%
$12.39M
$61.63K
0.35%

HYTR Portfolio Data

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N/A
4

HYTR Index Data

CP High Yield Trend Index
Momentum
Fixed
Bloomberg Barclays US Corporate High Yield Index

HYTR Portfolio Management

0.97%
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HYTR Tax Exposures

20.00% / 39.60%
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Ordinary income
No

HYTR Fund Structure

Open-Ended Fund
No
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No Policy
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

HYTR Factset Analytics Block Liquidity

As of 06/03/20
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of HYTR. HYTR is rated a N/A out of 5.

HYTR Tradability

2,614
$61.63K
251
$5.92K
0.35%
$0.08
0.06%
0.41% / -0.32%
None
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25,000
0.01
0.03%
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0
$23.64
N/A

HYTR Top 10 Holdings

0.32%
100%

HYTR Performance Statistics

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HYTR Holdings Statistics

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4
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HYTR Avg Life Maturity Distribution

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HYTR OAS Breakdown

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