Xtrackers USD High Yield Corporate Bond ETF
$35.12−0.10 (−0.28%)
- 0.05%
- $3.2B
- +2.9%
- 6.74%
- 1.2M sh
- $35.17
- low $34.80high $37.16
The ETF.net HYLB Grade
A
Score 88 out of 100
- 2 of 85
Score 88 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.A98 out of 100Rank 2 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 74Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B57 out of 100Rank 27 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A93 out of 100Rank 1 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A82 out of 100Rank 16 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A77 out of 100Rank 15 of 85
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
- 1,275
- 6%
- Cash & Cash Equivalents
Sectors
- Communication100.0%
Geography
- United States86.45%
- Canada3.47%
- Luxembourg2.06%
- United Kingdom2.02%
- France0.97%
- Australia0.73%
- Japan0.69%
- Netherlands0.66%
- 2.94%
HYLB 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.
HYLB$10,287
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 | HYLB |
|---|---|
| Year to date | +0.4% |
| 1 month | −1.3% |
| 3 months | −1.5% |
| 1 year | +2.9% |
| 3 years | +8.4% |
| 5 years | +3.6% |
| 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 | +0.4% | |
| 2025 | +8.7% | |
| 2024 | +8.1% | |
| 2023 | +12.0% | |
| 2022 | −10.8% | |
| 2021 | +3.1% | |
| 2020 | +2.2% |
HYLB in the news
HYLB Dividends
- 6.74%
- $2.37
- $0.20 per share
- Monthly
Distribution history
HYLB Risk
- 4.9%
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.
- 0.67
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
0.05%
HYLB0.05%
- The middle half of US High Yield funds
- Median 0.43%
1 of the 85 US High Yield funds charge less.
Other funds in US High Yield
- ASPHYState Street SPDR Portfolio High Yield Bond ETFExpense ratio 0.05%1 year return +3.0%
- ASCYBSchwab High Yield Bond ETFExpense ratio 0.03%1 year return +2.8%
- AUSHYiShares Broad USD High Yield Corporate Bond ETFExpense ratio 0.08%1 year return +2.9%
- ABHYBXtrackers USD High Yield BB-B ex Financials ETFExpense ratio 0.20%1 year return +3.3%
- ABBHYJPMorgan BetaBuilders USD High Yield Corporate Bond ETFExpense ratio 0.07%1 year return +2.8%