The TCW High Yield Bond ETF seeks to deliver high income and total return while limiting defaults and volatility to levels considerably less than the broader high yield bond market. 0.50% expense ratio, $34M AUM, 297 holdings, inception 1989.
TCW High Yield Bond ETF (HYBX) ETF — Price, Holdings & Analysis
The TCW High Yield Bond ETF seeks to deliver high income and total return while limiting defaults and volatility to levels considerably less than the broader high yield bond market. 0.50% expense ratio, $34M AUM, 297 holdings, inception 1989.
ETF Overview
The TCW High Yield Bond ETF seeks to deliver high income and total return while limiting defaults and volatility to levels considerably less than the broader high yield bond market.
The TCW High Yield Bond ETF seeks to deliver high income and total return while limiting defaults and volatility to levels considerably less than the broader high yield bond market. TCW High Yield Bond ETF provides exposure to the fixed income market. The portfolio is well-diversified with 297 holdings.
Risk Metrics
The fund holds 297 positions, providing a moderate level of diversification. Heavy allocation to Healthcare (100.0%) means sector-specific downturns could disproportionately affect performance. A beta of 0.56 indicates lower volatility relative to the broader market. With $34M in assets, the fund may face liquidity constraints and wider bid-ask spreads.
Expense Ratio
0.50%
Sector Allocation
Healthcare: 100.0%
United States: 75.8%
Other: 10.0%
Canada: 3.5%
Ireland: 2.1%
Luxembourg: 1.7%
Netherlands: 1.7%
United Kingdom: 1.2%
Italy: 1.0%
Cayman Islands: 0.8%
France: 0.8%
Dividend Yield
0.00%
<a href="/etf/jpib">JPMorgan International Bond Opportunities ETF (JPIB)</a> — 0.50% expense ratio
<a href="/etf/bab">Invesco Taxable Municipal Bond ETF (BAB)</a> — 0.28% expense ratio
<a href="/etf/dyfi">IDX Dynamic Fixed Income ETF (DYFI)</a> — 1.12% expense ratio
<a href="/etf/bmdl">VictoryShares WestEnd Economic Cycle Bond ETF (BMDL)</a> — 0.56% expense ratio
<a href="/etf/bamb">Brookstone Intermediate Bond ETF (BAMB)</a> — 1.04% expense ratio
<a href="/etf/hybi">NEOS Enhanced Income Credit Select ETF (HYBI)</a> — 0.68% expense ratio
<a href="/etf/flcb">Franklin U.S. Core Bond ETF (FLCB)</a> — 0.15% expense ratio
<a href="/etf/bltd">Bluemonte Long Term Bond ETF (BLTD)</a> — 0.23% expense ratio
Risk Metrics
Beta: 0.56
Questions & Answers
What is TCW High Yield Bond ETF (HYBX)?
The TCW High Yield Bond ETF seeks to deliver high income and total return while limiting defaults and volatility to levels considerably less than the broader high yield bond market. It holds 297 securities. With $34M in assets under management, it is a funds in its category.
What is the expense ratio for HYBX?
TCW High Yield Bond ETF has an expense ratio of 0.50%, which is considered moderate for fixed income ETFs. This means for every $10,000 invested, annual fees would be approximately $50. Lower expense ratios generally lead to better long-term returns, all else being equal.
How long has HYBX been around?
TCW High Yield Bond ETF was launched in 1989, making it 37 years old. As one of the longer-running ETFs, it has an extensive performance track record through multiple market cycles. It is managed by TCW Group.
What is the current NAV of HYBX?
TCW High Yield Bond ETF has a net asset value (NAV) of approximately $30.45 per share. The NAV represents the per-share value of the fund's underlying assets minus liabilities. Market price may differ slightly from NAV due to supply and demand dynamics during trading hours.
Is HYBX a good investment?
TCW High Yield Bond ETF is a fixed income ETF with $34M in assets and 297 holdings. Fixed income ETFs generally provide more stable returns than equity funds but are sensitive to interest rate changes. When rates rise, bond prices typically fall, and vice versa. Whether it is suitable depends on your investment goals, risk tolerance, and time horizon. Consider consulting a financial advisor for personalized guidance.