BondBloxx B Rated USD High Yield Corporate Bond ETF (XB)
XB is a passive ETF by BondBloxx tracking the investment results of the ICE BofA Single-B US Cash Pay High Yield Constrained Index. XB launched on May 24, 2022 and has a 0.30% expense ratio.
ETF Info
| ISIN | US09789C8047 |
|---|---|
| Issuer | BondBloxx |
| Inception Date | May 24, 2022 |
| Region | North America (U.S.) |
| Category | High Yield Bonds |
| Leveraged | 1x |
| Index Tracked | ICE BofA Single-B US Cash Pay High Yield Constrained Index |
| Asset Class | Bond |
Expense Ratio
XB features an expense ratio of 0.30%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: XB vs. HYBL, XB vs. ^GSPC
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BondBloxx B Rated USD High Yield Corporate Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
BondBloxx B Rated USD High Yield Corporate Bond ETF had a return of 7.64% year-to-date (YTD) and 13.21% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.64% | 25.82% |
| 1 month | 0.72% | 3.20% |
| 6 months | 5.94% | 14.94% |
| 1 year | 13.21% | 35.92% |
| 5 years (annualized) | N/A | 14.22% |
| 10 years (annualized) | N/A | 11.43% |
Monthly Returns
The table below presents the monthly returns of XB, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.16% | 0.46% | 1.05% | -0.99% | 1.25% | 0.53% | 1.98% | 1.35% | 1.21% | -0.64% | 7.64% | ||
| 2023 | 3.84% | -1.49% | 1.89% | 0.27% | -0.80% | 1.93% | 1.16% | 0.35% | -1.28% | -1.02% | 4.38% | 3.22% | 12.94% |
| 2022 | -0.01% | -7.39% | 6.30% | -3.37% | -3.99% | 3.88% | 3.06% | -2.06% | -4.25% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of XB is 91, placing it in the top 9% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BondBloxx B Rated USD High Yield Corporate Bond ETF (XB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BondBloxx B Rated USD High Yield Corporate Bond ETF provided a 7.70% dividend yield over the last twelve months, with an annual payout of $3.07 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $3.07 | $3.11 | $1.90 |
Dividend yield | 7.70% | 7.87% | 5.01% |
Monthly Dividends
The table displays the monthly dividend distributions for BondBloxx B Rated USD High Yield Corporate Bond 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.27 | $0.25 | $0.26 | $0.26 | $0.26 | $0.24 | $0.26 | $0.25 | $0.24 | $0.24 | $2.55 | |
| 2023 | $0.00 | $0.25 | $0.24 | $0.26 | $0.26 | $0.30 | $0.23 | $0.26 | $0.27 | $0.25 | $0.26 | $0.52 | $3.11 |
| 2022 | $0.27 | $0.27 | $0.27 | $0.30 | $0.27 | $0.53 | $1.90 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the BondBloxx B Rated USD High Yield Corporate Bond 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 BondBloxx B Rated USD High Yield Corporate Bond ETF was 9.25%, occurring on Sep 27, 2022. Recovery took 87 trading sessions.
The current BondBloxx B Rated USD High Yield Corporate Bond ETF drawdown is 0.36%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -9.25% | Aug 16, 2022 | 30 | Sep 27, 2022 | 87 | Feb 1, 2023 | 117 |
| -7.72% | May 31, 2022 | 22 | Jun 30, 2022 | 31 | Aug 15, 2022 | 53 |
| -4.57% | Feb 3, 2023 | 26 | Mar 13, 2023 | 75 | Jun 30, 2023 | 101 |
| -3.33% | Aug 30, 2023 | 36 | Oct 19, 2023 | 11 | Nov 3, 2023 | 47 |
| -1.87% | Apr 1, 2024 | 14 | Apr 18, 2024 | 11 | May 3, 2024 | 25 |
Volatility
Volatility Chart
The current BondBloxx B Rated USD High Yield Corporate Bond ETF volatility is 1.38%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.