- Issuer
- Xtrackers
- Inception Date
- Oct 26, 2023
- Category
- High Yield Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- ICE BofA BB-B Non-FNCL Non-Distressed US HY Constrained Index - Benchmark TR Gross
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $2B
Share Price Chart
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Performance
BHYB Performance Chart
Xtrackers USD High Yield BB-B ex Financials ETF (BHYB) is up 2.0% since the beginning of the year. BHYB is currently trading at $54 per share.
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Returns By Period
Xtrackers USD High Yield BB-B ex Financials ETF (BHYB) has returned 2.01% so far this year and 6.82% over the past 12 months.
Xtrackers USD High Yield BB-B ex Financials ETF
- 1D
- -0.12%
- 1M
- 0.63%
- YTD
- 2.01%
- 6M
- 2.25%
- 1Y
- 6.82%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
BHYB Monthly Returns History
Based on dividend-adjusted daily data since Oct 27, 2023, BHYB's average daily return is +0.04%, while the average monthly return is +0.76%. At this rate, an investment would double in approximately 7.6 years.
Historically, 85% of months were positive and 15% were negative. The best month was Nov 2023 with a return of +4.6%, while the worst month was Apr 2024 at -1.1%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 1 months.
On a daily basis, BHYB closed higher 57% of trading days. The best single day was Apr 9, 2025 with a return of +2.6%, while the worst single day was Apr 10, 2025 at -1.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.59% | 0.39% | -1.05% | 1.32% | 0.65% | 0.10% | 2.01% | ||||||
| 2025 | 1.28% | 0.92% | -0.93% | 0.12% | 1.56% | 1.82% | 0.21% | 1.19% | 0.98% | 0.16% | 0.79% | 0.50% | 8.90% |
| 2024 | 0.30% | 0.06% | 1.12% | -1.14% | 1.25% | 0.70% | 1.91% | 1.30% | 1.39% | -1.10% | 1.36% | -0.83% | 6.44% |
| 2023 | 0.53% | 4.60% | 2.93% | 8.23% |
Benchmark Metrics
Xtrackers USD High Yield BB-B ex Financials ETF has an annualized alpha of 4.24%, beta of 0.23, and R2 of 0.55 versus S&P 500 Index. Calculated based on daily prices since October 27, 2023.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (28.87%) than losses (14.63%) - typical of diversified or defensive assets.
- This ETF generated an annualized alpha of 4.24% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.23 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 4.24%
- Beta
- 0.23
- R²
- 0.55
- Upside Capture
- 28.87%
- Downside Capture
- 14.63%
Expense Ratio
BHYB has an expense ratio of 0.20%, which is considered low.
Return for Risk
Risk / Return Rank
BHYB ranks 68 for risk / return — better than 68% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Xtrackers USD High Yield BB-B ex Financials ETF (BHYB) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BHYB | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.37 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.01 | 2.78 | +0.23 |
| Martin ratioReturn relative to average drawdown | 13.77 | 12.44 | +1.33 |
Dividends
Dividend History
Xtrackers USD High Yield BB-B ex Financials ETF provided a 6.31% dividend yield over the last twelve months, with an annual payout of $3.42 per share.
| Period | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Dividend | $3.42 | $3.58 | $3.77 | $0.40 |
Dividend yield | 6.31% | 6.57% | 7.04% | 0.75% |
Monthly Dividends
The table displays the monthly dividend distributions for Xtrackers USD High Yield BB-B ex Financials ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.28 | $0.26 | $0.30 | $0.26 | $0.27 | $1.37 | ||||||
| 2025 | $0.00 | $0.31 | $0.29 | $0.31 | $0.31 | $0.31 | $0.30 | $0.30 | $0.27 | $0.30 | $0.30 | $0.59 | $3.58 |
| 2024 | $0.00 | $0.32 | $0.30 | $0.31 | $0.31 | $0.32 | $0.31 | $0.31 | $0.32 | $0.31 | $0.29 | $0.68 | $3.77 |
| 2023 | $0.40 | $0.40 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Xtrackers USD High Yield BB-B ex Financials ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Xtrackers USD High Yield BB-B ex Financials ETF was 4.23%, occurring on Apr 8, 2025. Recovery took 23 trading sessions.
The current Xtrackers USD High Yield BB-B ex Financials ETF drawdown is 0.16%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -4.23%Apr 2025 | 1mo 6d | 1mo 4d | 2mo 10dMar 2025 - May 2025 |
2026 pullback2026 | -2.27%Mar 2026 | 28d | 13d | 1mo 11dFeb 2026 - Apr 2026 |
2024 pullback2024 | -2.07%Apr 2024 | 19d | 20d | 1mo 9dMar 2024 - May 2024 |
2024 pullback2024 | -1.65%Dec 2024 | 10d | 1mo 3d | 1mo 13dDec 2024 - Jan 2025 |
2024 pullback2024 | -1.54%Jan 2024 | 7d | 28d | 1mo 5dDec 2023 - Feb 2024 |
Drawdown Indicators
| BHYB | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.23% | -56.78% | +52.55% |
Max Drawdown (1Y)Largest decline over 1 year | -2.27% | -9.10% | +6.83% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.16% | -1.80% | +1.64% |
Average DrawdownAverage peak-to-trough decline | -0.39% | -10.71% | +10.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.50% | 2.03% | -1.53% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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