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ETFs

Xtrackers Short Duration High Yield Bond ETF

SHYL
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 10, 2018
Expense Ratio
0.20%
Type
Global Bonds
Fund Owner
DWS
Volume (1m avg. daily)
$450,601
AUM
$88,465,102
Associated Index
Solactive USD High Yield Corporates Total Market 0-5 Year 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-
0.94%
DISH5500551
Dish Network Corp 11.750 11/15/2027
0.73%
ERI5004410
Caesars Holdings Inc 6.25 07/01/2025
0.65%
CCL5129977
Carnival Corp 5.75 03/01/2027
0.64%
CHTR4445834
CCO Holdings LLC 5.125 05/01/2027
0.63%
TFAB
Teva Pharma Fin 3.15 % Notes 2016-01.10.26 Gtd Global
0.63%
BWY5534383
MAUSER PACKAGING SOLUT 7.875 8/15/2026
0.59%
TDG27
TransDigm Inc. - 5.50% NT REDEEM 15/11/2027 USD
0.57%
UNIT5536194
UNITI GROUP/CSL CAPITAL 10.5 2/15/2028
0.54%
CHTR4527616
CCO Holdings LLC 5.00 02/01/2028
0.50%
Invest with SHYL

What is SHYL?

Xtrackers Short Duration High Yield Bond ETF seeks investment results that correspond generally to the performance, before fees and expenses, of the Solactive USD High Yield Corporates Total Market 0-5 Year Index.

ETFs related toSHYL

ETFs correlated to SHYL include HYLB, JNK, HYG

SHYL
DBX ETF Trust - Xtrackers Short Duration High Yield Bond ETF
HYLB
DBX ETF Trust - Xtrackers USD High Yield Corporate Bond ETF
JNK
SPDR Series Trust - SPDR Bloomberg High Yield Bond ETF
HYG
BlackRock Institutional Trust Company N.A. - iShares iBoxx 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
SHYG
BlackRock Institutional Trust Company N.A. - iShares 0-5 Year High Yield Corporate Bond 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
SJNK
SPDR Series Trust - SPDR Bloomberg Short Term High Yield Bond ETF
HYDW
DBX ETF Trust - Xtrackers Low Beta High Yield 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 toSHYL

#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 SHYL using Composer

News Related to SHYL

More New Junk Bond ETFs Debut

Jan 12, 2018 • by Benzinga
Read

Low Fee, Low Duration In A New Junk Bond ETF

Jan 11, 2018 • by Benzinga
Read

FAQ

SHYL is a Global Bonds ETF. Xtrackers Short Duration High Yield Bond ETF seeks investment results that correspond generally to the performance, before fees and expenses, of the Solactive USD High Yield Corporates Total Market 0-5 Year Index.

SHYL tracks the Solactive USD High Yield Corporates Total Market 0-5 Year Index.

No, SHYL 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, SHYL 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 SHYL is 0.0035%. This is the percent change in the value of SHYL over the most recent 1-month period. The 3-month return on SHYL is 0.0168%. This is the percent change in the value of SHYL over the most recent 3-month period.

The standard deviation of SHYL for the past year is 0.0749%. 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 SHYL include IGSB, SPIB, and VCIT.

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

ETFs that are inversely correlated to SHYL 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.