Snapshot*
Top 10 Holdings
What is XHYE?
The BondBloxx USD High Yield Bond Energy Sector ETF seeks to track the investment results of an index composed of U.S. dollar denominated, high yield corporate bonds in the energy sector. The Fund is newly organized, non diversified and seeks to track the investment results of the ICE Diversified US Cash Pay High Yield Energy Index, which is a rules-based index consisting of U.S. dollar denominated below investment grade bonds that contains issuers from the energy sector, including the exploration & production, gas distribution, oil field equipment & services, and oil refining & marketing sub sectors.
ETFs related toXHYE
ETFs correlated to XHYE include HYBB, HYDB, SHYG
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 toXHYE
Smarter Dividends
Rotating Bonds
Create your own algorithmic trading strategy with XHYE using Composer
News Related to XHYE
Ulta Beauty Posts Upbeat Results, Joins Unity Software, GATX And Other Big Stocks Moving Higher On Friday
May 30, 2025 • by Avi Kapoor
NGL Energy Partners Is Guiding Fiscal 2026 Full-Year Consolidated Adjusted EBITDA To A Range Of $615M–$625M
May 29, 2025 • by Benzinga NewsdeskNGL Energy Partners Q4 EPS $(0.12) Misses $0.01 Estimate, Sales $971.07M Miss $1.35B Estimate
May 29, 2025 • by Benzinga NewsdeskFAQ
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.