About BondBloxx US High Yield Healthcare Sector ETF (XHYH)

The BondBloxx US High Yield Healthcare Sector ETF (XHYH) is an exchange-traded fund that seeks to provide investors with exposure to high-yield healthcare sector bonds in the United States. The fund aims to track the performance of the ICE BofA Merrill Lynch US High Yield Healthcare Index, which is designed to measure the performance of high-yield corporate bonds issued by companies in the healthcare industry. By investing in this ETF, investors can gain access to a diversified portfolio of healthcare bonds, which can provide potentially attractive income opportunities due to the high-yield nature of these bonds.

The XHYH ETF primarily invests in bonds issued by healthcare companies such as pharmaceutical manufacturers, medical device manufacturers, healthcare services providers, and biotechnology firms. These bonds may have lower credit ratings, indicating higher credit risk compared to investment-grade bonds. However, they also offer higher potential returns, making them suitable for investors looking for income generation and growth potential. By investing in a sector-specific ETF like XHYH, investors can target their exposure to the healthcare industry and benefit from the potential growth and stability offered by this sector.