Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF (ESHY)
Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $18.44, up 0.17% on the session, giving a market capitalisation of $6.5M. Its beta of 0.87 implies it has historically moved less than the broad market.
This ETF primarily allocates its capital, generally exceeding 80% of its total assets, to securities that constitute its benchmark index. The underlying index aims to largely reflect the profile of its parent, the J.P. Morgan DM High Yield USD Index, which is composed of U.S. dollar-denominated high-yield corporate bonds from developed market issuers. As a result, the fund provides extensive access to the high-yield fixed income market while integrating environmental, social, and governance (ESG) criteria.
Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF is most often compared with the following Financial Services names: