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ETFs

KraneShares Asia Pacific High Income Bond ETF

KHYB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 28 2018
Expense Ratio
0.68%
Type
Global Ex. US Bonds
Fund Owner
Krane Shares
Volume (1m avg. daily)
$113,219
AUM
$19,972,526
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
Cash
5.90%
MDBL4938035
MEDCIJ 6 3/8 01/30/27
2.69%
WRFB
Shui On Development (Hldg.) Ltd. - 5.75% NT REDEEM 12/11/2023 USD 200000
2.45%
72BB
Melco Resorts Finance Limited - 4.875% NT REDEEM 06/06/2025 USD 200000 - Reg S
2.10%
92VB
Yanlord Land (HK) Co., Limited - 6.80% NT REDEEM 27/02/2024 USD 200000 - Reg S
2.09%
CHQG4908105
China Hongqiao Group Limited - 7.375% BD REDEEM 02/05/2023 USD 200000
2.00%
5706
Celestial Miles Ltd - 5.75% BD PERPETUAL USD 200000 - Reg S
1.96%
Y5IB
Greenko Solar (Mauritius) Ltd - 5.55% NT REDEEM 29/01/2025 USD 200000 - Reg S
1.92%
n/a
PCORPM 4.6 PERP
1.91%
VARB
Periama Holdings LLC - 5.95% NT REDEEM 19/04/2026 USD 200000
1.89%
Invest with KHYB

What is KHYB?

KHYB is an active ETF managed by sub-advisor Nikko Asset Management Americas, Inc. ( Nikko ). KHYB is benchmarked to the JP Morgan Asia Credit Index (JACI) Non-Investment Grade Corporate Index. The fund provides exposure to USD-denominated high yield debt securities issued by companies in Asia.

ETFs related toKHYB

ETFs correlated to KHYB include HYEM, DEM, CEMB

KHYB
KraneShares Trust - KraneShares Asia Pacific High Income Bond ETF
HYEM
VanEck ETF Trust - VanEck Emerging Markets High Yield Bond ETF
DEM
WisdomTree Trust - WisdomTree Emerging Markets High Dividend Fund
CEMB
BlackRock Institutional Trust Company N.A. - iShares J.P. Morgan EM Corporate Bond ETF
EBND
SPDR Series Trust - SPDR Bloomberg Emerging Markets Local Bond ETF
DFEV
Dimensional ETF Trust - Dimensional Emerging Markets Value ETF
FNDE
Schwab Strategic Trust - Schwab Fundamental Emerging Markets Large Company Index ETF
DGS
WisdomTree Trust - WisdomTree Emerging Markets SmallCap Dividend Fund
PXH
Invesco Capital Management LLC - Invesco FTSE RAFI Emerging Markets ETF
DFEM
Dimensional ETF Trust - Dimensional Emerging Markets Core Equity 2 ETF
AVES
American Century ETF Trust - Avantis Emerging Markets Value 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 toKHYB

#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 KHYB using Composer

FAQ

KHYB is a Global Ex. US Bonds ETF. KHYB is an active ETF managed by sub-advisor Nikko Asset Management Americas, Inc. ( Nikko ). KHYB is benchmarked to the JP Morgan Asia Credit Index (JACI) Non-Investment Grade Corporate Index. The fund provides exposure to USD-denominated high yield debt securities issued by companies in Asia.

Yes, KHYB is actively 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.

No, KHYB is not passively managed. It is actively 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 KHYB is -0.011%. This is the percent change in the value of KHYB over the most recent 1-month period. The 3-month return on KHYB is 0.0093%. This is the percent change in the value of KHYB over the most recent 3-month period.

The standard deviation of KHYB for the past year is 0.0887%. 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 KHYB include IGIB, JNK, and LQD.

ETFs correlated to KHYB include HYEM, DEM, and CEMB.

ETFs that are inversely correlated to KHYB include EDZ, EUM, and YANG.

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.