Skip to Content
ETFs

Xtrackers Low Beta High Yield Bond ETF

HYDW
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 11 2018
Expense Ratio
0.20%
Type
Global Bonds
Fund Owner
DWS
Volume (1m avg. daily)
$4,459,203
AUM
$813,703,644
Associated Index
Solactive USD High Yield Corporates Total Market Low Beta Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
Transdigm Inc 6.25 % Notes 2019-15.03.26 Secd -144A-
1.05%
ERI5004410
Caesars Holdings Inc 6.25 07/01/2025
0.83%
TFAB
Teva Pharma Fin 3.15 % Notes 2016-01.10.26 Gtd Global
0.63%
S/24
Sprint 7.125 % Notes 2014-15.6.24 Gtd Global Sr
0.62%
TDG27
TransDigm Inc. - 5.50% NT REDEEM 15/11/2027 USD
0.61%
CHTR4527616
CCO Holdings LLC 5.00 02/01/2028
0.57%
UAL5167037
United Airlines Inc 4.375 04/15/2026
0.51%
THC4871472
TENET HEALTHCARE CORP
0.51%
ERI5530615
CAESARS ENTERTAIN INC
0.50%
THC5423553
TENET HEALTHCARE CORP
0.48%
Invest with HYDW

What is HYDW?

Xtrackers Low Beta High Yield Bond ETF (the Fund ) seeks investment results that correspond generally to the performance, before fees and expenses, of the Solactive USD High Yield Corporates Total Market Low Beta Index (the Underlying Index ).

ETFs related toHYDW

ETFs correlated to HYDW include HYLB, HYG, JNK

HYDW
DBX ETF Trust - Xtrackers Low Beta High Yield Bond ETF
HYLB
DBX ETF Trust - Xtrackers USD High Yield Corporate Bond ETF
HYG
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD High Yield Corporate Bond ETF
JNK
SPDR Series Trust - SPDR Bloomberg High Yield Bond ETF
WFHY
WisdomTree Trust - WisdomTree U.S. High Yield Corporate Bond Fund
BBHY
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders USD High Yield Corporate Bond ETF
USHY
BlackRock Institutional Trust Company N.A. - iShares Broad USD High Yield Corporate Bond ETF
UJB
ProShares Trust - ProShares Ultra High Yield 2x Shares
PHB
Invesco Capital Management LLC - Invesco Fundamental High Yield Corporate Bond ETF
BKHY
BNY Mellon ETF Trust - BNY Mellon High Yield Beta 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 toHYDW

#INC

Dynamic Income

Category

Composer's Picks

Risk Rating

Moderate

#DYNAM

Dynamic Stocks and Bonds

Category

Getting Defensive

Risk Rating

Moderate

Create your own algorithmic trading strategy with HYDW using Composer

FAQ

HYDW is a Global Bonds ETF. Xtrackers Low Beta High Yield Bond ETF (the Fund ) seeks investment results that correspond generally to the performance, before fees and expenses, of the Solactive USD High Yield Corporates Total Market Low Beta Index (the Underlying Index ).

HYDW tracks the Solactive USD High Yield Corporates Total Market Low Beta Index.

No, HYDW 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, HYDW 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 HYDW is 0.0163%. This is the percent change in the value of HYDW over the most recent 1-month period. The 3-month return on HYDW is 0.0146%. This is the percent change in the value of HYDW over the most recent 3-month period.

The standard deviation of HYDW for the past year is 0.1125%. 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 HYDW include VCIT, USIG, and LQD.

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

ETFs that are inversely correlated to HYDW include SJB, HIBS, and SRTY.

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.