XHYD

BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF

$38.22
+0.00%
Market closed. Last update: 11:54 AM ET

📎 Investment Objective

The BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF seeks to track the performance of a market index composed of U.S. dollar-denominated, high yield corporate bonds issued by companies in the consumer non-cyclicals sector.

Overview

ETF tracking BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF

Issuer Other
Inception Date 2022-02-17
Market Cap $20.1M
Average Volume N/A
Dividend Yield 4.89%
52-Week Range $36.33 - $38.68
VWAP $38.22

Performance

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Investment Summary

📎 Investment Objective

The BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF seeks to track the performance of a market index composed of U.S. dollar-denominated, high yield corporate bonds issued by companies in the consumer non-cyclicals sector.

🎯 Investment Strategy

The ETF employs a passive management approach, seeking to replicate the performance of its target index by holding a representative sample of the index constituents. The fund invests primarily in high yield corporate bonds that are classified as being in the consumer non-cyclicals sector.

✨ Key Features

  • Provides exposure to high yield corporate bonds in the consumer non-cyclicals sector
  • Passively managed to track the performance of a market index
  • Diversified portfolio of bonds across the consumer non-cyclicals industry
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • High yield/credit risk: The fund invests in lower-rated, higher-yielding bonds which carry a greater risk of default
  • Interest rate risk: Bond prices may decline as interest rates rise
  • Sector concentration risk: The fund's performance is tied to the consumer non-cyclicals sector
  • Liquidity risk: High yield bonds may be less liquid than investment grade bonds

👤 Best For

This ETF may be suitable for investors seeking exposure to the high yield corporate bond market with a focus on the consumer non-cyclicals sector. It may be appropriate for investors with a higher risk tolerance and a longer-term investment horizon.