Xtrackers USD High Yield Corporate Bond ETF HYLB is one of the cheapest funds in the high-yield bond Morningstar Category, but that isn't enough to make it a compelling investment. It earns a Morningstar Analyst Rating of Neutral.
Xtrackers USD High Yield Corp Bd ETF HYLB
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will HYLB outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HYLB’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the HYLB management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of HYLB’s parent organization’s priorities and whether they’re in line with investors’ interests.
This fund's fee is attractive, but indexing high-yield bonds isn't a great idea.
