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SHYL
Xtrackers Short Duration High Yield Bond ETF
SHYL
$45.46arrow_drop_down0.08%-$0.03

Performance History

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Key Stats
Open$45.45
Prev. Close$45.50
EPS-
DividendNon-Dividend
Next Earnings Date-
Dividend Yield %-
Market Cap-
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LOWHIGH
Day Range45.37
45.45
52 Week Range42.00
45.61
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P/B Ratio-
Revenue-
Operating M. %-
Earnings-
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EBITDA Margin %-
ROE %-
EPS-

About Xtrackers Short Duration High Yield Bond ETF (SHYL)

Xtrackers Short Duration High Yield Bond ETF (SHYL) is an exchange-traded fund that focuses on providing investors with exposure to short duration high yield bonds. The ETF seeks to track the performance of the Solactive USD High Yield Corporates Total Market 0-5 Year Index, which is composed of U.S. dollar-denominated high yield corporate bonds with maturities between 0 and 5 years. This investment strategy aims to provide investors with relatively higher yields compared to investment-grade bonds while maintaining a shorter duration to mitigate interest rate risk.
By investing in SHYL, investors can gain access to a diversified portfolio of high yield bonds issued by companies with lower credit ratings. These bonds generally offer higher yields than investment-grade bonds due to the increased credit risk associated with these companies. However, the shorter duration of the bonds held by SHYL helps to lessen the impact of interest rate fluctuations on the fund's performance.
Sector
Industry
CEO
Headquarters
Employees
0
Exchange
NYSE

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

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