Xtrackers USD High Yield Corporate Bond ETF
HYLB
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 875 Third Avenue New York NY United States of America 10022
- IPO Date
- Dec 13, 2016
- CIK
- 0001503123
- Website
- etf.dws.com
- Similar Companies
- Business
- Xtrackers USD High Yield Corporate Bond ETF (HYLB) is an exchange-traded fund that provides exposure to USD-denominated high yield corporate bonds with maturities between one and 15 years. The ETF tracks the Solactive USD High Yield Corporates Total Market Index using a representative sampling technique and holds approximately 1,227 bonds across sectors including communication services (16.03%), industrials (13.79%), financials (13.25%), energy (13.21%), and health care (9.58%); top holdings include EchoStar Corp. 10.75%, 1261229 Bc Ltd. 10%, Medline Borrower LP 3.875%, Quikrete Holdings Inc. 6.375%, and Tibco Software Inc. 6.5%. Launched on December 7, 2016, and issued by Xtrackers, a brand of DWS Group domiciled in the United States with headquarters in New York, HYLB manages approximately $3.91 billion in assets, features a low net expense ratio of 0.05%, and distributes monthly dividends yielding around 6.29% on a trailing twelve-month basis. Recent portfolio manager changes include Benjamin Spalding since August 22, 2022, Nancy Thai since April 19, 2024, Jason Meyerberg since August 1, 2024, and Nicholas Crociata since October 1, 2025, reflecting ongoing enhancements to the fund's oversight. In prior years, DWS implemented a stock split and adjusted the creation unit size for HYLB to improve accessibility, while the broader Xtrackers suite expanded with launches like the Risk Managed USD High Yield Strategy ETF (HYRM) in 2022 that incorporates HYLB for dynamic high yield exposure. HYLB serves institutional and retail investors seeking high yield fixed income opportunities, primarily in the U.S. market with some non-U.S. bond exposure at 13.59%, amid DWS Group's strategic focus on passive ETF growth targeting $1 trillion in Xtrackers assets by 2025.