Xtrackers Short Duration High Yield Bond ETF (SHYL)
Xtrackers Short Duration High Yield 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 $43.28, down 0.14% on the session, giving a market capitalisation of $261.2M. Its beta of 0.48 implies it has historically moved less than the broad market.
The Xtrackers Short Duration High Yield Bond ETF (often referred to as "the Fund") aims to replicate the performance of the Solactive USD High Yield Corporates Total Market 0-5 Year Index. Its primary objective is to achieve investment results that closely mirror the returns of this benchmark index, before considering any fund fees and operating expenses.
Xtrackers Short Duration High Yield Bond ETF is most often compared with the following Financial Services names: