Xtrackers USD High Yield Corporate Bond ETF
$35.66−0.24 (−0.67%)
- Expense ratio
- 0.05%
- Fund size
- $3.4B
- 1Y return
- +3.0%
- Yield · Last 12 months
- 6.57%
- Holdings
- 1280
- Volume · 30D
- 1.1M sh
- NAV per share
- $35.92
- 52W range
The ETF.net HYLB Grade
Score 88 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 98Category 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.CScore 53Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 93Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 83Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 77Category rank
Our read on HYLB
ABroad-market junk bonds at index-fund pricing: 0.05% a year, a fraction of what the typical high-yield bond ETF charges, spread across roughly 1,300 issues. Running since 2016, it pays monthly.
The fund seeks to track, before fees and expenses, the Solactive USD High Yield Corporates Total Market Index. It uses a passive representative-sampling indexing approach.
Why people hold it
- 0.05% expense ratio puts it at the low end of the high-yield ETF field, matching SPHY and undercutting USHY's 0.08%. Fee drag matters most where yield is the whole point.
- Total-market mandate, not a filtered slice: roughly 1,300 bonds sampled from the Solactive USD High Yield Corporates Total Market Index.
- Tracking has been tight against its stated index, and it trades actively enough to keep spreads workable. One of the cleaner implementations in the high-yield group.
- Monthly distributions, with a live record going back to a 2016 launch (through the 2020 credit shock and the 2022 rate spike).
Worth knowing
- This is the credit-risk end of the bond market. Below-investment-grade issuers default more often, and prices can fall hard when spreads widen.
- Representative sampling means it holds a subset of the index, not every bond, so results can drift slightly from the benchmark.
- Cheap, but not the floor: SCYB runs 0.03%. HYLB is also a mid-sized fund next to the largest names in the category.
HYLB Holdings
- Bonds
- 1,280
- 5%
- Cash & Cash Equivalents
Geography
- United States86.15%
- Canada3.77%
- Luxembourg2.06%
- United Kingdom2.04%
- France0.97%
- Japan0.92%
- Australia0.66%
- Cayman Islands0.63%
- 2.80%
HYLB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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 | HYLB |
|---|---|
| Year to date | +1.7% |
| 1 month | −0.7% |
| 3 months | −0.0% |
| 1 year | +3.0% |
| 3 years | +8.5% |
| 5 years | +3.7% |
| 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 | HYLB |
|---|---|---|
| 2026 YTD | +1.7% | |
| 2025 | +8.7% | |
| 2024 | +8.1% | |
| 2023 | +12.0% | |
| 2022 | −10.8% | |
| 2021 | +3.1% | |
| 2020 | +2.2% |
HYLB in the news
ETF.net Research hasn’t filed on HYLB yet — coverage lands here as it’s written.
HYLB Dividends
- 6.57%
- $2.36
- $0.19 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 9, 2026 | $0.19 |
| Aug 3, 2026 | Aug 10, 2026 | $0.20 |
| Jul 1, 2026 | Jul 9, 2026 | $0.19 |
| Jun 1, 2026 | Jun 8, 2026 | $0.20 |
| May 1, 2026 | May 8, 2026 | $0.19 |
| Apr 1, 2026 | Apr 9, 2026 | $0.22 |
| Mar 2, 2026 | Mar 9, 2026 | $0.17 |
| Feb 2, 2026 | Feb 9, 2026 | $0.21 |
| Dec 22, 2025 | Dec 30, 2025 | $0.21 |
| Dec 1, 2025 | Dec 8, 2025 | $0.19 |
| Nov 3, 2025 | Nov 10, 2025 | $0.20 |
| Oct 1, 2025 | Oct 8, 2025 | $0.19 |
HYLB Risk
- 4.6%
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.
- 0.80
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.
- −15.5%
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.
- 0.66
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
HYLB Cost
- The middle half of US High Yield funds
- Median 0.43%
1 of the 84 US High Yield funds charge less.