XBB BondBloxx BB Rated USD High Yield Corporate Bond ETF

*Unless otherwise stated, data provided by FactSet.

XBB Fund Description

XBB tracks a market value-weighted index that specifically invests in USD-denominated corporate bonds with a credit rating of BB (or its equivalent), based on an average of three main credit rating providers.

XBB Factset Analytics Insight

XBB is part of an ETF suite that targets specific niches of the high-yield corporate bond market. This fund invests in USD-denominated corporate bonds that are rated BB1 through BB3, based on an average of Moody’s, S&P, and Fitch. Eligible debt securities must be issued by companies having risk exposures as FX-G10 member countries, with at least $250 million outstanding face value. Bonds should have a maturity of at least 18 months at the time of issuance and at least one year remaining to maturity. Holdings are weighted according to market value, with each issuer capped at 2%. The fund has no limit to the number of issuers to be selected. If fewer than 50 qualify for inclusion, holdings will be weighted equally. The fund may invest up to 20% of its net assets in derivatives such as swaps, options, and futures contracts. Note: Although cash flows from bond payments are retained until each monthly rebalancing, it does not earn any reinvestment income while being held in the index.

PERFORMANCE [as of 09/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
XBB -4.32% -1.03% -- -- -- -- --
XBB (NAV) -5.01% -1.46% -- -- -- -- --
Bloomberg US Corporate High Yield Index -5.20% -1.21% -14.90% -14.34% -0.51% 1.54% 3.93%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

XBB Summary Data

BondBloxx
05/26/22
Open-Ended Fund
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$41.53M
$78.90K
0.28%
N/A

XBB Portfolio Data

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XBB Index Data

ICE BofA BB US Cash Pay High Yield Constrained Index
Market Value
Credit Rating
Bloomberg US Corporate High Yield Index

XBB Portfolio Management

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XBB Tax Exposures

20.00% / 39.60%
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Ordinary income
No

XBB Fund Structure

Open-Ended Fund
No
No
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N/A
N/A
Low
Daily

XBB Factset Analytics Block Liquidity

As of 09/30/22
5
4
3
2
1

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

XBB Tradability

1,969
$78.90K
200
$8.15K
0.28%
$0.11
0.03%
1.08% / -1.48%
None
100.00%
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0
$37.54
N/A

XBB Sector/Industry Breakdown


XBB
Segment Benchmark
26.18%
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9.32%
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7.64%
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6.22%
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5.06%
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4.76%
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4.02%
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3.91%
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3.90%
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3.89%
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XBB Top 10 Holdings[View All]

2.59%
0.62%
0.55%
0.55%
0.51%
0.48%
0.47%
0.46%
0.44%
0.42%
7.09%

XBB Performance Statistics

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XBB Holdings Statistics

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XBB Avg Life Maturity Distribution

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XBB OAS Breakdown

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Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.