Hilton BDC Corporate Bond ETF
$24.41+0.01 (+0.06%)
- 0.39%
- $90M
- +2.3%
- 5.14%
- 7.85K sh
- low $24.06high $27.56
The ETF.net HBDC Grade
A
Score 76 out of 100
- 2 of 30
Score 76 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A100 out of 100Rank 1 of 30Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B64 out of 100Rank 13 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C47 out of 100Rank 17 of 30Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A86 out of 100Rank 1 of 17Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C49 out of 100Rank 21 of 30
Our read on HBDC
In short
APrivate credit's lenders have to borrow too. HBDC owns the senior unsecured bonds that business development companies issue, a first-mover take on BDC debt instead of BDC stock, wrapped in a rules-based index.
Stated mandate
The Fund seeks to track, before fees and expenses, the Solactive Hilton Capital BDC Corporate Bond TR Index.
Why people hold it
Worth knowing
HBDC Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
HBDC$10,230
Returns run to the Nov 3, 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 | HBDC |
|---|---|
| Year to date | +1.2% |
| 1 month | +1.2% |
| 3 months | +0.4% |
| 1 year | +2.3% |
| 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 | HBDC |
|---|---|---|
| 2026 YTD | +1.2% | |
| 2025 | +2.7% |
HBDC in the news
HBDC Dividends
- 5.14%
- $1.25
- $0.11 per share
- Monthly
HBDC Risk
- 2.5%
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.
- −0.28
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.
- −3.0%
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.
- 0.13
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
HBDC Cost
Cheapest in Alternative Strategies
$7,898
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
HBDC 0.39%
$7,898
Cost over time
Year by year
| Year | HBDC |
|---|---|
| 10 | $705 |
| 20 | $2,725 |
| 30 | $7,898 |
Other funds in Alternative Strategies
- AFLSPFranklin Systematic Style Premia ETFExpense ratio 0.65%1 year return +10.7%
- AQAINYLI Hedge Multi-Strategy Tracker ETFExpense ratio 0.81%1 year return +6.3%
- AQALTSEI DBi Multi-Strategy Alternative ETFExpense ratio 0.80%1 year return +6.2%
- BIALTiShares Systematic Alternatives Active ETFExpense ratio 0.99%1 year return
- BRNMNRiverNorth Market Neutral ETFExpense ratio 0.59%1 year return +1.1%
