Xtrackers Low Beta High Yield Bond ETF
$45.87+0.06 (+0.12%)
- 0.20%
- $62M
- +3.3%
- 5.61%
- 0M sh
- $45.70
- low $45.21high $47.56
The ETF.net HYDW Grade
A
Score 73 out of 100
- 17 of 85
Score 73 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.A87 out of 100Rank 10 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.A91 out of 100Rank 39 of 74Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B67 out of 100Rank 4 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D36 out of 100Rank 62 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B67 out of 100Rank 32 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B55 out of 100Rank 39 of 85
Our read on HYDW
AHigh yield with the volatility dial turned down. HYDW tracks a Solactive index that screens the junk bond market for lower-beta issues, and charges half the fee its category typically asks.
The fund passively seeks to track the performance of a Solactive index covering U.S.-dollar high-yield corporate bonds with potentially lower beta than the broader high-yield corporate bond market.
Why people hold it
- Costs 0.20% a year against a category median of 0.40%, so the low-beta tilt does not come with a boutique price tag.
- The mandate is specific: passively track the Solactive USD High Yield Corporates Total Market Low Beta Index, built for lower beta than the broad high-yield market.
- Roughly 600 bonds and monthly distributions, so no single issuer carries the portfolio and income arrives on a regular cadence.
- Running since 2018 with a passive index rulebook, it sits in the upper half of a crowded high-yield field on our review.
Worth knowing
- Thinly traded next to high-yield heavyweights like USHY and SPHY, which can mean wider spreads at the moment you transact.
- Lower beta is not low risk. This is still below-investment-grade corporate credit, and the screen tilts the exposure rather than removing it.
- Plain broad high-yield trackers in the same cohort, including sibling HYLB, run cheaper. The low-beta screen is what the extra fee buys.
HYDW Holdings
- Bonds
- 578
- 9%
- Cash & Cash Equivalents
Geography
- United States90.29%
- Canada2.70%
- Luxembourg1.38%
- Australia0.93%
- United Kingdom0.84%
- Ireland0.73%
- Japan0.68%
- Netherlands0.57%
- 1.89%
HYDW 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.
HYDW$10,330
Returns run to the Oct 12, 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 | HYDW |
|---|---|
| Year to date | +1.1% |
| 1 month | −0.4% |
| 3 months | −0.4% |
| 1 year | +3.3% |
| 3 years | +7.4% |
| 5 years | +3.4% |
| 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 | HYDW |
|---|---|---|
| 2026 YTD | +1.1% | |
| 2025 | +8.5% | |
| 2024 | +5.4% | |
| 2023 | +9.8% | |
| 2022 | −7.9% | |
| 2021 | +2.8% | |
| 2020 | +5.5% |
HYDW in the news
HYDW Dividends
- 5.61%
- $2.57
- $0.21 per share
- Monthly
Distribution history
HYDW Risk
- 3.8%
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.
- 0.60
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.
- −12.7%
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.
- 0.58
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
HYDW Cost
0.20%
HYDW0.20%
- The middle half of US High Yield funds
- Median 0.43%
9 of the 85 US High Yield funds charge less.
Other funds in US High Yield
- AJNKState Street SPDR Bloomberg High Yield Bond ETFExpense ratio 0.40%1 year return +3.0%
- AHYGVNorthern Trust High Yield Value-Scored Bond ETFExpense ratio 0.38%1 year return +3.0%
- AANGLVanEck Fallen Angel High Yield Bond ETFExpense ratio 0.25%1 year return +1.2%
- AFLHYFranklin High Yield Corporate ETFExpense ratio 0.40%1 year return +3.6%
- AVCHYVanguard Malvern Funds - Vanguard U.S. High-Yield Corporate Bond Index ETFExpense ratio 0.05%1 year return —