Xtrackers USD High Yield BB-B ex Financials ETF
$53.11−0.35 (−0.66%)
History starts Oct 30, 2023.
- Expense ratio
- 0.20%
- Fund size
- $3.1B
- 1Y return
- +3.6%
- Yield · Last 12 months
- 6.31%
- Holdings
- 1484
- Volume · 30D
- 0.2M sh
- NAV per share
- $53.41
- 52W range
The ETF.net BHYB Grade
Score 86 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 87Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 70Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 84Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 86Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 69Category rank
Our read on BHYB
AHigh yield with two filters bolted on: no CCC-rated bonds, no financial issuers. You get the BB and B middle of the junk market, at 0.20% a year, half the typical cost in its category.
The fund uses a passive representative-sampling strategy to track its Underlying Index, investing primarily in U.S.-dollar-denominated below-investment-grade corporate bonds that meet the index's BB-to-B credit-rating range and exclude financial issuers.
Why people hold it
- Costs 0.20% a year against a 0.40% median for high yield bond ETFs. Cheap for a screened portfolio rather than a plain index scoop.
- The rulebook does the credit work: US dollar bonds in the BB-to-B band only, financial issuers excluded. The lowest-rated CCC tier never enters.
- Roughly 1,500 bonds held via representative sampling, with cash paid out monthly.
- Sits among the strongest builds in a crowded high yield field, backed by a multi-billion-dollar asset base.
Worth knowing
- Broad high yield costs less: SCYB at 0.03%, SPHY and Xtrackers' own HYLB at 0.05%, USHY at 0.08%. The screens carry a price.
- Skipping banks, insurers and CCC credits means the ride can diverge from broad high yield benchmarks in both directions.
- Launched in 2023, so the track record is short, and it trades at moderate volume rather than as a category workhorse.
BHYB Holdings
- Bonds
- 1,484
- 5%
- Cash & Cash Equivalents
Geography
- United States86.53%
- Canada4.05%
- United Kingdom1.93%
- Luxembourg1.63%
- Japan0.96%
- Australia0.75%
- Netherlands0.74%
- France0.72%
- 2.70%
BHYB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
BHYB$10,356
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BHYB |
|---|---|
| Year to date | +2.1% |
| 1 month | −0.5% |
| 3 months | +0.1% |
| 1 year | +3.6% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BHYB |
|---|---|---|
| 2026 YTD | +2.1% | |
| 2025 | +8.9% | |
| 2024 | +6.4% | |
| 2023 | +8.1% |
BHYB in the news
BHYB Dividends
- 6.31%
- $3.37
- $0.27 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 9, 2026 | $0.27 |
| Aug 3, 2026 | Aug 10, 2026 | $0.27 |
| Jul 1, 2026 | Jul 9, 2026 | $0.28 |
| Jun 1, 2026 | Jun 8, 2026 | $0.27 |
| May 1, 2026 | May 8, 2026 | $0.26 |
| Apr 1, 2026 | Apr 9, 2026 | $0.30 |
| Mar 2, 2026 | Mar 9, 2026 | $0.26 |
| Feb 2, 2026 | Feb 9, 2026 | $0.28 |
| Dec 22, 2025 | Dec 30, 2025 | $0.29 |
| Dec 1, 2025 | Dec 8, 2025 | $0.29 |
| Nov 3, 2025 | Nov 10, 2025 | $0.30 |
| Oct 1, 2025 | Oct 8, 2025 | $0.30 |
BHYB Risk
- 4.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.13
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −4.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.25
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BHYB Cost
0.20%
BHYB0.20%
- The middle half of US High Yield funds
- Median 0.43%
8 of the 84 US High Yield funds charge less.