What is XHYC?

XHYC tracks a modified market value-weighted index of USD-denominated, high-yield corporate bonds of any maturity, issued by companies in the consumer cyclicals sector.

PERFORMANCE [as of 11/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
XHYC 0.46% -1.05% -- -- -- -- --
XHYC (NAV) 1.17% -1.67% -- -- -- -- --
Bloomberg US Corporate High Yield Index 1.23% -0.95% -11.08% -9.51% 0.75% 2.41% 4.22%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

XHYC Factset Analytics Insight

XHYC is part of the first suite of high-yield corporate bond ETFs to target specific market sectors. This fund invests in USD-denominated high-yield corporates in the consumer cyclicals sector. An issuer is considered if it derives at least 50% of its revenue from the ownership, operation, development, construction, management, financing, leasing or sale of consumer cyclical assets. Eligible bonds must be companies having risk exposure to 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 to maturity. Holdings are initially market value-weighted, with single issuers capped at 25%. The fund is then grouped into large- and small-cap segments based on the initial weights. Issuers in the small-cap segment are capped at 4.85%, and the aggregate weight of issuers on the large-cap portion is capped at 48%. The index rebalances and reconstitutes monthly.

XHYC Summary Data

02/15/22
0.35%
$3.50M
ICE Diversified US Cash Pay High Yield Consumer Cyclical Index
Bloomberg US Corporate High Yield Index
Open-Ended Fund

Peers

Bloomberg US Corporate High Yield Index

Fund Flows

$0.00B 5 Days
-$0.00B 30 Days
-$0.00B 90 Days

XHYC Portfolio Data

3.78
--
10.35%
12/01/22
--

XHYC Index Data

ICE Diversified US Cash Pay High Yield Consumer Cyclical Index
Market Value
Market Value
Bloomberg US Corporate High Yield Index

XHYC Portfolio Management

0.35%
--
--
--

XHYC Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

XHYC Fund Structure

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

Factset Analytics Block Liquidity

As of 11/30/22

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

XHYC Tradability

320
$10.89K
5
0
0.29%
$0.10
0.00%
1.06% / -1.87%
None
100.00%
50,000
0.00
--
--
1
$34.94
N/A

XHYC Sector/Industry Breakdown

XHYC Segment
Benchmark
37.61% --
27.08% --
13.02% --
7.41% --
4.14% --
3.75% --
2.78% --
2.45% --
1.40% --
0.24% --

XHYC Top 10 Holdings

4.14%
1.83%
1.36%
1.18%
1.11%
1.07%
0.96%
0.87%
0.86%
0.85%
14.23%

XHYC Performance Statistics

0.96
1.12
--
--
--

XHYC Top 5 Countries

XHYC Segment
Benchmark
92.48% --
4.43% --
1.94% --
0.98% --
0.17% --

XHYC Top 5 Currencies

XHYC Segment
Benchmark
92.48% --
4.43% --
1.94% --
0.98% --
0.17% --

XHYC Avg Life Maturity Distribution

5.19%
6.73%
10.48%
29.12%
28.73%
15.53%
1.47%
0.32%
2.42%

XHYC OAS Breakdown

4.48%
9.69%
21.09%
22.94%
13.53%
2.18%
7.48%
5.58%
2.52%
1.62%
8.89%

XHYC Holdings Statistics

5.46 years
3.78
10.35%
3.83
--
--
5.33%

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.