Xtrackers Low Beta Etf Profile
| HYDW Etf | USD 46.91 0.11 0.24% |
Performance7 of 100
| Odds Of DistressLess than 9
|
Xtrackers Low is selling for under 46.91 as of the 30th of November 2024; that is 0.24 percent increase since the beginning of the trading day. The etf's lowest day price was 46.89. Xtrackers Low has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Xtrackers Low Beta are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund will invest at least 80 percent of its total assets, in component securities of the underlying index. Xt Low is traded on NYSEARCA Exchange in the United States. More on Xtrackers Low Beta
Moving together with Xtrackers Etf
Xtrackers Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Corporate ETFs, High Yield ETFs, High Yield Bond, Xtrackers (View all Sectors) |
| Issuer | DWS |
| Inception Date | 2018-01-11 |
| Benchmark | Solactive USD High Yield Corporates Total Market Low Beta Index |
| Entity Type | Regulated Investment Company |
| Average Trading Valume | 18,994.2 |
| Asset Type | Fixed Income |
| Category | Corporate |
| Focus | High Yield |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | DBX Advisors LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Bryan Richards, Brandon Matsui, Tanuj Dora, Alexander Bridgeforth |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 529 |
| Market Maker | Jane Street |
| Total Expense | 0.25 |
| Management Fee | 0.25 |
| Country Name | USA |
| Returns Y T D | 6.05 |
| Name | Xtrackers Low Beta High Yield Bond ETF |
| Currency Code | USD |
| Open Figi | BBG00JQCHV15 |
| In Threey Volatility | 7.91 |
| 1y Volatility | 5.12 |
| 200 Day M A | 46.3054 |
| 50 Day M A | 46.8 |
| Code | HYDW |
| Updated At | 29th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.16) |
Xtrackers Low Beta [HYDW] is traded in USA and was established 2018-01-11. The fund is listed under High Yield Bond category and is part of Xtrackers family. The entity is thematically classified as Corporate ETFs. Xtrackers Low Beta currently have 1.35 B in assets under management (AUM). , while the total return for the last 3 years was 3.0%.
Check Xtrackers Low Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Xtrackers Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Xtrackers Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Xtrackers Low Beta Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Xtrackers Low Beta Currency Exposure
Xtrackers Low Beta holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Xtrackers Low will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Xtrackers Low Beta.
Top Xtrackers Low Beta Etf Constituents
| CCO Holdings, LLC/ CCO Holdings Capital Corp. 5% | 0.50999997% |
| Ford Motor Company 8.5% | 0.68% |
| Teva Pharmaceutical Finance Netherlands III B.V. 2.8% | 0.52% |
| Carnival Corporation 11.5% | 0.78% |
| HCA Inc. 5.38% | 0.50999997% |
| Centene Corporation 4.62% | 0.66000004% |
| TransDigm, Inc. 6.25% | 0.78% |
| Ford Motor Company 9% | 0.72000003% |
| CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.12% | 0.53% |
| T-Mobile US, Inc. 7.88% | 0.85% |
Xtrackers Low Beta Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Xtrackers Low. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0309 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.62) |
Xtrackers Low Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Xtrackers Low Beta. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of Xtrackers Low Beta is measured differently than its book value, which is the value of Xtrackers that is recorded on the company's balance sheet. Investors also form their own opinion of Xtrackers Low's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers Low's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Xtrackers Low's market value can be influenced by many factors that don't directly affect Xtrackers Low's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Xtrackers Low's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers Low is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers Low's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.