XHYE

BondBloxx USD High Yield Bond Energy Sector ETF

$38.59

+0.00%

Market closed. Last update: 11:56 AM ET

📎 Investment Objective

The BondBloxx USD High Yield Bond Energy Sector ETF (XHYE) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the BondBloxx USD High Yield Bond Energy Sector Index.

Overview

ETF tracking BondBloxx USD High Yield Bond Energy Sector ETF

Category Fixed Income

Issuer Other

Inception Date 2022-02-17

Market Cap $11.7M

Average Volume N/A

Dividend Yield 5.57%

52-Week Range $36.29 - $39.38

VWAP $38.50

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests primarily in a portfolio of high yield corporate bonds issued by companies in the energy sector. The fund seeks to track the performance of the underlying index, which is designed to measure the performance of high yield bonds issued by energy companies.

✨ Key Features

Focuses on high yield corporate bonds in the energy sector
Seeks to track the performance of the BondBloxx USD High Yield Bond Energy Sector Index
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

High yield bond risk: Invests in lower-rated, higher-yielding bonds which have a greater risk of default
Sector concentration risk: Significant exposure to a single sector (energy) which can increase volatility
Interest rate risk: Bond prices may decline as interest rates rise
Liquidity risk: Potential for reduced liquidity in the high yield bond market

👤 Best For

This ETF may be suitable for investors seeking exposure to the high yield bond market with a focus on the energy sector. Investors should have a higher risk tolerance and a longer-term investment horizon to withstand the volatility associated with high yield bonds and sector-specific funds.