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ETFs

Virtus Newfleet High Yield Bond ETF

BLHY
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 05 2016
Expense Ratio
0.49%
Type
Global Bonds
Fund Owner
Virtus ETF Solutions
Volume (1m avg. daily)
$36,433
AUM
$3,231,605
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

F32B
Ford Motor Co. - 3.25% NT REDEEM 12/02/2032 USD 2000
2.30%
CIPG4997236
CITGO Petroleum Corp 7.000% 06/15/2025
2.03%
LADP4937656
Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp 4.250% 02/01/2027
1.95%
FMGF5393751
FMG Resources August 2006 Pty Ltd 5.875% 04/15/2030
1.88%
ACUE4562010
Acrisure LLC / Acrisure Finance Inc 7.000% 11/15/2025
1.83%
MZDM5272644
Medline Borrower LP 5.250% 10/01/2029
1.78%
ETE5196040
Energy Transfer LP Fixed-to-Fltg Cum Red Perp Pfd Units Series H
1.75%
LXU5272007
LSB Industries Inc 6.250% 10/15/2028
1.73%
WEEK5043623
Weekley Homes LLC / Weekley Finance Corp 4.875% 09/15/2028
1.65%
CODF5179397
Coronado Finance Pty Ltd 10.750% 05/15/2026
1.65%
Invest with BLHY

What is BLHY?

The Fund actively invests in high yield fixed income securities, seeking to generate both high current income and capital growth. Rigorous credit analysis and a relative value approach, coupled with opportunistic trading, strives to take advantage of mispricings, market dislocations, and other special situations. Effective March 22, 2021, the Fund changed its name from Virtus Newfleet Dynamic Credit ETF to Virtus Newfleet High Yield Bond ETF.

ETFs related toBLHY

ETFs correlated to BLHY include PYLD, BINC, IBDY

BLHY
Virtus ETF Trust II - Virtus Newfleet High Yield Bond ETF
PYLD
Pimco Exchange Traded Fund - PIMCO Multisector Bond Active Exchange-Traded Fund
BINC
BlackRock ETF Trust II - BlackRock Flexible Income ETF
IBDY
iShares Trust - iShares iBonds Dec 2033 Term Corporate ETF
EMC
Global X Funds - Global X Emerging Markets Great Consumer ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toBLHY

#BTD

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Category

Featured, Technology Focus

Risk Rating

Aggressive

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SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with BLHY using Composer

FAQ

BLHY is a Global Bonds ETF. The Fund actively invests in high yield fixed income securities, seeking to generate both high current income and capital growth. Rigorous credit analysis and a relative value approach, coupled with opportunistic trading, strives to take advantage of mispricings, market dislocations, and other special situations. Effective March 22, 2021, the Fund changed its name from Virtus Newfleet Dynamic Credit ETF to Virtus Newfleet High Yield Bond ETF.

Yes, BLHY is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, BLHY is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on BLHY is 0.0033%. This is the percent change in the value of BLHY over the most recent 1-month period. The 3-month return on BLHY is 0.0237%. This is the percent change in the value of BLHY over the most recent 3-month period.

The standard deviation of BLHY for the past year is 0.077%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to BLHY include GVI, BLV, and BSV.

ETFs correlated to BLHY include PYLD, BINC, and IBDY.

ETFs that are inversely correlated to BLHY include SJB, EFZ, and EPV.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.