Xtrackers Risk Managed USD HY Strat ETF (HYRM)
23.21
+0.13
(+0.54%)
USD |
NYSEARCA |
May 20, 16:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.30% | 0.53% | 45.02M | 6987.73 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
5.89% | 0.00% | -2.268M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks to track the performance of the Adaptive Wealth Strategies Risk Managed High Yield Index. The index seeks to track the performance of the U.S. dollar-denominated high yield corporate bond market during normal market conditions, and the performance of a USD cash position accruing interest at the Effective Federal Funds Rate during periods of adverse market conditions. The fund will invest at least 80% of its total assets in the securities and other instruments of the index, or in investments that have economic characteristics that are substantially identical to that of the component securities and instruments. It is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | Low Quality/Limited Sensitivity |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | High Yield Bond |
Category Index | ICE BofA US High Yield TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Income |
Fund Owner Firm Name | Xtrackers |
Prospectus Benchmark Index | |
Adaptive Wealth Strategies RkMgHY TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Bryan Richards | 2.22 yrs |
Benjamin Spalding | 1.69 yrs |
Ronald Leung | 1.37 yrs |
Nancy Thai | 0.03 yrs |
Performance Versus Category
As of May 20, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 20, 2024.
Basic Info
Investment Strategy | |
The investment seeks to track the performance of the Adaptive Wealth Strategies Risk Managed High Yield Index. The index seeks to track the performance of the U.S. dollar-denominated high yield corporate bond market during normal market conditions, and the performance of a USD cash position accruing interest at the Effective Federal Funds Rate during periods of adverse market conditions. The fund will invest at least 80% of its total assets in the securities and other instruments of the index, or in investments that have economic characteristics that are substantially identical to that of the component securities and instruments. It is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | Low Quality/Limited Sensitivity |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | High Yield Bond |
Category Index | ICE BofA US High Yield TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Income |
Fund Owner Firm Name | Xtrackers |
Prospectus Benchmark Index | |
Adaptive Wealth Strategies RkMgHY TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Bryan Richards | 2.22 yrs |
Benjamin Spalding | 1.69 yrs |
Ronald Leung | 1.37 yrs |
Nancy Thai | 0.03 yrs |