Xtrackers USD High Yield Corporate Bond ETF
DBX ETF Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
Xtrackers USD High Yield Corporate Bond ETF is a U.S. bond index ETF that tracks the Solactive USD High Yield Corporates Total Market Index.
- Asset class
- Bonds
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
- Credit quality
- High yield
- Rate sensitivity
- Short duration
Fund profile
As filed in the prospectus · 2025 Q4
The fund seeks investment results that correspond generally to the performance, before fees and expenses, of the Solactive USD High Yield Corporates Total Market Index.
The fund tracks the Solactive USD High Yield Corporates Total Market Index using representative sampling, holding a sample of the index's bonds whose risk and return characteristics resemble the index as a whole. Because the fund samples rather than holds all index constituents, its returns may diverge from the index. The fund concentrates its holdings in consumer cyclical and communications sectors to the extent the index does.
| Share class | Expense ratio |
|---|---|
| HYLB | 0.05% |
Portfolio turnover 29.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Bonds | 97.73% |
| Cash & short-term | 7.22% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Other | 46.6% |
| International | 14.8% |
| Cash | 6.9% |
| Health Care | 4.8% |
| 10 smaller | 26.9% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Largest new: PR RNO PROPERTY OWNER 1 LLC, NEXSTAR MEDIA GROUP INC, CENTENE CORP ×2, OAK-EAGLE ACQUIRECO INC ×2, COREWEAVE INC, TALEN ENERGY SUPPLY LLC
Largest exited: Nexstar Media Inc., Directv Financing LLC/Directv Financing Co-Obligor Inc., Vistra Operations Co LLC, Lightning Power LLC, TK Elevator Us Newco Inc., Univision Communications Inc., Calpine LLC, ICAHN ENTERPRISES LP
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-29
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 100.0% |
Share of the fund's debt value in each maturity band, shortest first.
| 1-3y | 22.6% |
| 3-5y | 36.6% |
| 5-10y | 40.6% |
| 10y+ | 0.2% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
Most of this fund’s sensitivity is to interest rates, with credit spreads carrying nearly as much.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Interest rates | 50% |
| Credit spreads | 50% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| High yield | +2.61 yr |
| Investment grade | +0.26 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.04 yr | 1% |
| 1 yr | 0.81 yr | 28% |
| 5 yr | 1.73 yr | 59% |
| 10 yr | 0.33 yr | 11% |
| 30 yr | 0.00 yr | 0% |
| 3 mo | 0.02 yr | 1% |
| 1 yr | 1.05 yr | 36% |
| 5 yr | 1.75 yr | 61% |
| 10 yr | 0.05 yr | 2% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.04 | +0.00 | +0.02 | $401 | $6.2k |
| 1 yr | +0.81 | +0.08 | +0.96 | $28.8k | $335.4k |
| 5 yr | +1.73 | +0.17 | +1.59 | $59.0k | $552.4k |
| 10 yr | +0.33 | +0.01 | +0.04 | $3.3k | $14.7k |
| 30 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | DWS GOVERNMENT AND AGENCY SECURITIES PORTFOLIO DWS GOVERNMENT CASH INSTITUTIONAL SHARES | 6.39% | $222.60M | — |
| — | DWS GOVERNMENT MONEY MARKET SERIES INSTITUTIONAL SHARES | 0.83% | $29.07M | — |
| — | 1261229 B.C. LTD10.00% · due 2032-04-15 | 0.53% | $18.50M | — |
| — | ECHOSTAR CORP10.75% · due 2029-11-30 | 0.51% | $17.66M | — |
| — | PR RNO PROPERTY OWNER 1 LLC6.50% · due 2031-05-01 | 0.40% | $13.83M | — |
| — | QUIKRETE HOLDINGS INC6.38% · due 2032-03-01 | 0.35% | $12.15M | — |
| — | CLOUD SOFTWARE GROUP HOLDINGS INC6.50% · due 2029-03-31 | 0.34% | $12.04M | — |
| — | CLOUD SOFTWARE GROUP INC9.00% · due 2029-09-30 | 0.33% | $11.52M | — |
| — | DISH NETWORK CORP11.75% · due 2027-11-15 | 0.32% | $11.00M | — |
| — | ASURION LLC / ASURION CO-ISSUER INC8.00% · due 2032-12-31 | 0.30% | $10.48M | — |
Top 10 positions are 10.30% of net assets, top 25 14.22%, across 527 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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