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ETFs

BondBloxx BB-Rated USD High Yield Corporate Bond ETF

XBB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 24, 2022
Expense Ratio
0.20%
Type
US Bonds
Fund Owner
BondBloxx
Volume (1m avg. daily)
$422,555
AUM
$55,626,205
Associated Index
ICE BofA BB US Cash Pay High Yield Constrained Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
CASH
0.75%
T5226549
DIRECTV FIN LL 5.875% 08/15/27
0.60%
AAL5147590
AMERICAN AIRLINE 5.5% 04/20/26
0.56%
AAL5147600
AMERICAN AIRLIN 5.75% 04/20/29
0.54%
VNGB5590788
VENTURE GLOBAL 8.375% 06/01/31
0.41%
CCL5226137
CARNIVAL CORP 4% 08/01/28
0.41%
EDDM5583406
EMERALD DEBT M 6.625% 12/15/30
0.41%
VNGB5590786
VENTURE GLOBAL 8.125% 06/01/28
0.41%
WDCD
Western Digital 4.75 % Notes 2018-15.02.26 Gtd Global
0.41%
AAL5007014
AMERICAN AIRLI 11.75% 07/15/25
0.40%
Invest with XBB

What is XBB?

BondBloxx BB-Rated USD High Yield Corporate Bond ETF seeks to track the investment results of the ICE BofA BB US Cash Pay High Yield Constrained Index (the "Index"), which contains all bonds in the ICE BofA US Cash Pay High Yield Constrained Index (the "Underlying Index") that are rated BB1 though BB3, based on an average of Moody's Investors Services, Inc. ("Moody's"), S&P Global Ratings ("S&P") and Fitch Ratings, Inc. ("Fitch"), but caps issuer exposure at 2%.

ETFs related toXBB

ETFs correlated to XBB include HYLB, HYDW, UJB

XBB
BondBloxx ETF Trust - BondBloxx BB-Rated USD High Yield Corporate Bond ETF
HYLB
DBX ETF Trust - Xtrackers USD High Yield Corporate Bond ETF
HYDW
DBX ETF Trust - Xtrackers Low Beta High Yield Bond ETF
UJB
ProShares Trust - ProShares Ultra High Yield 2x Shares
HYBB
iShares Trust - iShares BB Rated 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
USHY
BlackRock Institutional Trust Company N.A. - iShares Broad USD High Yield Corporate Bond ETF
BBHY
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders USD High Yield Corporate Bond ETF
HYDB
BlackRock Institutional Trust Company N.A. - iShares High Yield Bond Factor 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 toXBB

#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 XBB using Composer

News Related to XBB

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May 5, 2025 • by Benzinga Newsdesk
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Apr 23, 2025 • by Benzinga Newsdesk
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Pathward Financial Q2 EPS $3.11 Beats $2.74 Estimate, Sales $262.87M Beat $259.11M Estimate

Apr 22, 2025 • by Benzinga Newsdesk
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Earnings Scheduled For April 22, 2025

Apr 22, 2025 • by Benzinga Insights
Read

FAQ

XBB is a US Bonds ETF. BondBloxx BB-Rated USD High Yield Corporate Bond ETF seeks to track the investment results of the ICE BofA BB US Cash Pay High Yield Constrained Index (the "Index"), which contains all bonds in the ICE BofA US Cash Pay High Yield Constrained Index (the "Underlying Index") that are rated BB1 though BB3, based on an average of Moody's Investors Services, Inc. ("Moody's"), S&P Global Ratings ("S&P") and Fitch Ratings, Inc. ("Fitch"), but caps issuer exposure at 2%.

XBB tracks the ICE BofA BB US Cash Pay High Yield Constrained Index.

No, XBB 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, XBB 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 XBB is -0.0034%. This is the percent change in the value of XBB over the most recent 1-month period. The 3-month return on XBB is 0.0022%. This is the percent change in the value of XBB over the most recent 3-month period.

The standard deviation of XBB for the past year is 0.0923%. 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 XBB include IGSB, SPIB, and VCIT.

ETFs correlated to XBB include HYLB, HYDW, and UJB.

ETFs that are inversely correlated to XBB 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.