BondBloxx USD High Yield Bond Energy Sector ETF (XHYE)
BondBloxx USD High Yield Bond Energy Sector ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $39.10, down 0.22% on the session, giving a market capitalisation of $11.0M. Its beta of 0.44 implies it has historically moved less than the broad market.
Typically, the fund commits a minimum of 80% of its net assets (including any capital obtained through borrowing for investment) to high-yield, speculative-grade bonds. These dollar-denominated debt instruments originate from issuers within the energy sector. The fund can hold these securities directly or indirectly, for instance, through derivatives. It is also designated as a non-diversified investment.
BondBloxx USD High Yield Bond Energy Sector ETF is most often compared with the following Financial Services names: