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ETFs

BondBloxx USD High Yield Bond Healthcare Sector ETF

XHYH
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 15 2022
Expense Ratio
0.35%
Type
US Bonds
Fund Owner
BondBloxx
Volume (1m avg. daily)
$89,663
AUM
$11,343,150
Associated Index
ICE Diversified US Cash Pay High Yield Healthcare Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

MZDM5272642
MEDLINE BORROW 3.875% 04/01/29
4.15%
THC5040669
TENET HEALTHCA 6.125% 10/01/28
2.56%
DVA4994337
DAVITA INC 4.625% 06/01/30
2.45%
MZDM5272644
MEDLINE BORROWE 5.25% 10/01/29
2.36%
THC4871472
TENET HEALTHCA 4.875% 01/01/26
2.16%
n/a
CHS/Commun Hlth 8 % Notes 2019-15.03.26 Gtd Secd -144A-
2.15%
ATHN5351551
ATHENAHEALTH GRO 6.5% 02/15/30
2.10%
THC5423555
TENET HEALTHCA 6.125% 06/15/30
2.02%
n/a
ORGANON & CO/O 4.125% 04/30/28
1.98%
CYH5096254
CHS/COMMUNITY 5.625% 03/15/27
1.74%
Invest with XHYH

What is XHYH?

The BondBloxx USD High Yield Bond Healthcare Sector ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds in the healthcare sector. The Fund is newly organized, non-diversified and seeks to track the investment results of the ICE Diversified US Cash Pay High Yield Healthcare Index, which is a rules based index consisting of U.S. dollar denominated below investment grade bonds that contains issuers from the healthcare sector, including the health facilities, health services, managed care, medical products, and pharmaceuticals sub sectors.

ETFs related toXHYH

ETFs correlated to XHYH include HYLB, JNK, HYG

XHYH
BondBloxx ETF Trust - BondBloxx USD High Yield Bond Healthcare Sector ETF
HYLB
DBX ETF Trust - Xtrackers USD High Yield Corporate Bond ETF
JNK
SPDR Series Trust - SPDR Bloomberg High Yield Bond ETF
HYG
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD High Yield Corporate Bond ETF
UJB
ProShares Trust - ProShares Ultra High Yield 2x Shares
USHY
BlackRock Institutional Trust Company N.A. - iShares Broad USD High Yield Corporate Bond ETF
BBHY
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders USD High Yield Corporate Bond ETF
HYDB
BlackRock Institutional Trust Company N.A. - iShares High Yield Bond Factor ETF
HYDW
DBX ETF Trust - Xtrackers Low Beta High Yield Bond ETF
HYBB
iShares Trust - iShares BB Rated Corporate Bond ETF
SHYG
BlackRock Institutional Trust Company N.A. - iShares 0-5 Year High Yield Corporate Bond 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 toXHYH

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with XHYH using Composer

FAQ

XHYH is a US Bonds ETF. The BondBloxx USD High Yield Bond Healthcare Sector ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds in the healthcare sector. The Fund is newly organized, non-diversified and seeks to track the investment results of the ICE Diversified US Cash Pay High Yield Healthcare Index, which is a rules based index consisting of U.S. dollar denominated below investment grade bonds that contains issuers from the healthcare sector, including the health facilities, health services, managed care, medical products, and pharmaceuticals sub sectors.

XHYH tracks the ICE Diversified US Cash Pay High Yield Healthcare Index.

No, XHYH is not actively managed. It is passively 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.

Yes, XHYH is passively 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 XHYH is -0.0079%. This is the percent change in the value of XHYH over the most recent 1-month period. The 3-month return on XHYH is 0.0047%. This is the percent change in the value of XHYH over the most recent 3-month period.

The standard deviation of XHYH for the past year is 0.1035%. 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 XHYH include IGSB, SPIB, and VCIT.

ETFs correlated to XHYH include HYLB, JNK, and HYG.

ETFs that are inversely correlated to XHYH include SJB, HIBS, and SPXU.

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.