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BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF

XHYT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 15 2022
Expense Ratio
0.35%
Type
US Bonds
Fund Owner
BondBloxx
Volume (1m avg. daily)
$257,562
AUM
$30,332,970
Associated Index
ICE Diversified US Cash Pay High Yield Telecom, Media & Technology Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

DISH5500551
DISH NETWORK C 11.75% 11/15/27
1.52%
SLH5479266
CLOUD SOFTWARE G 6.5% 03/31/29
1.50%
CLSR5567746
CLOUD SOFTWARE GRP 9% 09/30/29
1.44%
T5226549
DIRECTV FIN LL 5.875% 08/15/27
1.34%
CHTR4445834
CCO HLDGS LLC/ 5.125% 05/01/27
1.28%
I5368419
INTELSAT JACKSON 6.5% 03/15/30
1.11%
CHTR4885914
CCO HLDGS LLC/C 4.75% 03/01/30
1.07%
CHTR5012343
CCO HLDGS LLC/C 4.25% 02/01/31
1.00%
DISH5300743
DISH DBS CORP 5.25% 12/01/26
0.98%
CHTR5179287
CCO HLDGS LLC/CA 4.5% 05/01/32
0.96%
Invest with XHYT

What is XHYT?

The BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF seeks to track the investment results of an index composed of U.S. dollar denominated, high yield corporate bonds in the telecommunications, media and technology sector. The Fund is newly organized, non diversified and seeks to track the investment results of the ICE Diversified US Cash Pay High Yield Telecom, Media & Technology Index, which is a rules based index consisting of U.S. dollar denominated below investment grade bonds that contains issuers from the telecom, media and technology sector, including the telecommunications, technology & electronics, and media sub sectors.

ETFs related toXHYT

ETFs correlated to XHYT include HYLB, UJB, JNK

XHYT
BondBloxx ETF Trust - BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF
HYLB
DBX ETF Trust - Xtrackers USD High Yield Corporate Bond ETF
UJB
ProShares Trust - ProShares Ultra High Yield 2x Shares
JNK
SPDR Series Trust - SPDR Bloomberg High Yield Bond ETF
USHY
BlackRock Institutional Trust Company N.A. - iShares Broad USD High Yield Corporate Bond ETF
HYG
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD High Yield Corporate Bond ETF
HYGV
FlexShares Trust - FlexShares High Yield Value Scored Bond Index ETF
HYDB
BlackRock Institutional Trust Company N.A. - iShares High Yield Bond Factor ETF
BBHY
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders USD High Yield Corporate 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 toXHYT

#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 XHYT using Composer

FAQ

XHYT is a US Bonds ETF. The BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF seeks to track the investment results of an index composed of U.S. dollar denominated, high yield corporate bonds in the telecommunications, media and technology sector. The Fund is newly organized, non diversified and seeks to track the investment results of the ICE Diversified US Cash Pay High Yield Telecom, Media & Technology Index, which is a rules based index consisting of U.S. dollar denominated below investment grade bonds that contains issuers from the telecom, media and technology sector, including the telecommunications, technology & electronics, and media sub sectors.

XHYT tracks the ICE Diversified US Cash Pay High Yield Telecom, Media & Technology Index.

No, XHYT 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, XHYT 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 XHYT is 0.0049%. This is the percent change in the value of XHYT over the most recent 1-month period. The 3-month return on XHYT is 0.024%. This is the percent change in the value of XHYT over the most recent 3-month period.

The standard deviation of XHYT for the past year is 0.102%. 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 XHYT include IGSB, SPIB, and VCIT.

ETFs correlated to XHYT include HYLB, UJB, and JNK.

ETFs that are inversely correlated to XHYT 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.