BondBloxx BB Rated USD High Yield Corporate Bond ETF (XBB)
XBB is a passive ETF by BondBloxx tracking the investment results of the ICE BofA BB US Cash Pay High Yield Constrained Index. XBB launched on May 24, 2022 and has a 0.20% expense ratio.
ETF Info
| ISIN | US09789C7056 |
|---|---|
| Issuer | BondBloxx |
| Inception Date | May 24, 2022 |
| Region | North America (U.S.) |
| Category | High Yield Bonds |
| Leveraged | 1x |
| Index Tracked | ICE BofA BB US Cash Pay High Yield Constrained Index |
| Asset Class | Bond |
Expense Ratio
XBB has an expense ratio of 0.20%, which is considered low compared to other funds.
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: XBB vs. VOO, XBB vs. LABU, XBB vs. ZAG.TO, XBB vs. VYM, XBB vs. PFF, XBB vs. VIGAX, XBB vs. XSB.TO, XBB vs. BBDD.L, XBB vs. BSJP, XBB vs. XTLT.TO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BondBloxx BB 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 BB Rated USD High Yield Corporate Bond ETF had a return of 6.60% year-to-date (YTD) and 10.84% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.60% | 25.48% |
| 1 month | 0.02% | 2.14% |
| 6 months | 4.37% | 12.76% |
| 1 year | 10.84% | 33.14% |
| 5 years (annualized) | N/A | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of XBB, 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 | 0.46% | -0.14% | 1.15% | -0.98% | 1.36% | 0.35% | 2.20% | 1.26% | 1.28% | -0.91% | 6.60% | ||
| 2023 | 3.39% | -2.27% | 2.94% | -0.08% | -1.12% | 1.25% | 0.93% | 0.08% | -1.86% | -0.29% | 4.46% | 2.98% | 10.63% |
| 2022 | -0.06% | -7.09% | 6.41% | -3.82% | -3.59% | 3.08% | 3.33% | -1.40% | -3.77% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of XBB is 86, placing it in the top 14% 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 BB Rated USD High Yield Corporate Bond ETF (XBB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BondBloxx BB Rated USD High Yield Corporate Bond ETF provided a 6.29% dividend yield over the last twelve months, with an annual payout of $2.55 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $2.55 | $2.46 | $1.44 |
Dividend yield | 6.29% | 6.15% | 3.74% |
Monthly Dividends
The table displays the monthly dividend distributions for BondBloxx BB 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 | $0.22 | $0.20 | $0.21 | $0.21 | $0.22 | $0.21 | $0.22 | $0.22 | $0.21 | $0.22 | $2.13 | |
| 2023 | $0.00 | $0.19 | $0.19 | $0.21 | $0.20 | $0.23 | $0.18 | $0.20 | $0.21 | $0.20 | $0.23 | $0.42 | $2.46 |
| 2022 | $0.20 | $0.21 | $0.20 | $0.20 | $0.20 | $0.43 | $1.44 |
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 BB 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 BB Rated USD High Yield Corporate Bond ETF was 8.87%, occurring on Sep 27, 2022. Recovery took 87 trading sessions.
The current BondBloxx BB Rated USD High Yield Corporate Bond ETF drawdown is 0.60%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -8.87% | May 31, 2022 | 83 | Sep 27, 2022 | 87 | Feb 1, 2023 | 170 |
| -4.93% | Feb 3, 2023 | 12 | Feb 21, 2023 | 96 | Jul 12, 2023 | 108 |
| -3.86% | Jul 14, 2023 | 69 | Oct 19, 2023 | 11 | Nov 3, 2023 | 80 |
| -1.57% | Apr 1, 2024 | 14 | Apr 18, 2024 | 11 | May 3, 2024 | 25 |
| -1.38% | Dec 28, 2023 | 5 | Jan 4, 2024 | 16 | Jan 29, 2024 | 21 |
Volatility
Volatility Chart
The current BondBloxx BB Rated USD High Yield Corporate Bond ETF volatility is 1.50%, 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.