Xtrackers Low Beta Etf Profile

HYDW Etf  USD 46.19  0.17  0.37%   

Performance

4 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Xtrackers Low is selling for under 46.19 as of the 28th of March 2024; that is 0.37% increase since the beginning of the trading day. The etf's lowest day price was 46.02. Xtrackers Low has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant 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 3rd of April 2023 and ending today, the 28th of March 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

  0.74HYG IShares IBoxx HighPairCorr
  0.78USHY IShares Broad USDPairCorr
  0.78JNK SPDR Bloomberg HighPairCorr
  0.71SHYG IShares 0-5 YearPairCorr
  0.76HYLB Xtrackers USD HighPairCorr
  0.74SJNK SPDR Bloomberg ShortPairCorr
  0.89ANGL VanEck Fallen AngelPairCorr

Moving against Xtrackers Etf

  0.53BITI ProShares Trust -PairCorr

Xtrackers Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Xtrackers Low's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Xtrackers Low or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationHigh Yield ETFs, Corporate ETFs, High Yield Bond, Xtrackers (View all Sectors)
IssuerDWS
Inception Date2018-01-11
BenchmarkSolactive USD High Yield Corporates Total Market Low Beta Index
Entity TypeRegulated Investment Company
Asset Under Management216.47 Million
Average Trading Valume4,767.2
Asset TypeFixed Income
CategoryCorporate
FocusHigh Yield
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorDBX Advisors LLC
CustodianThe Bank of New York Mellon Corporation
DistributorALPS Distributors, Inc.
Portfolio ManagerBryan Richards, Brandon Matsui, Tanuj Dora, Alexander Bridgeforth
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Dec
ExchangeNYSE Arca, Inc.
Number of Constituents509
Market MakerJane Street
Total Expense0.25
Management Fee0.25
Country NameUSA
Returns Y T D0.64
NameXtrackers Low Beta High Yield Bond ETF
Currency CodeUSD
Open FigiBBG00JQCHV15
In Threey Volatility7.75
1y Volatility5.82
200 Day M A45.1622
50 Day M A45.9595
CodeHYDW
Updated At27th of March 2024
Currency NameUS Dollar
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 High Yield ETFs. Xtrackers Low Beta currently have 1.35 B in assets under management (AUM). , while the total return for the last 3 years was 1.6%.
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 Target Price Odds Analysis

Depending on a normal probability distribution, the odds of Xtrackers Low jumping above the current price in 90 days from now is about 1.18%. The Xtrackers Low Beta probability density function shows the probability of Xtrackers Low etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Xtrackers Low has a beta of 0.0595. This usually indicates as returns on the market go up, Xtrackers Low average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Xtrackers Low Beta will be expected to be much smaller as well. Additionally, xtrackers Low Beta has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 46.19HorizonTargetOdds Above 46.19
98.62%90 days
 46.19 
1.18%
Based on a normal probability distribution, the odds of Xtrackers Low to move above the current price in 90 days from now is about 1.18 (This Xtrackers Low Beta probability density function shows the probability of Xtrackers Etf to fall within a particular range of prices over 90 days) .

Xtrackers Low Beta Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Xtrackers Low market risk premium is the additional return an investor will receive from holding Xtrackers Low long position in a well-diversified portfolio. 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. Although Xtrackers Low's alpha and beta are two of the key measurements used to evaluate Xtrackers Low's performance over the market, the standard measures of volatility play an important role as well.

Xtrackers Low Against Markets

Picking the right benchmark for Xtrackers Low etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Xtrackers Low etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Xtrackers Low is critical whether you are bullish or bearish towards Xtrackers Low Beta at a given time. Please also check how Xtrackers Low's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Xtrackers Low without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Xtrackers Etf?

Before investing in Xtrackers Low, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Xtrackers Low. To buy Xtrackers Low etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Xtrackers Low. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Xtrackers Low etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Xtrackers Low Beta etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Xtrackers Low Beta etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Xtrackers Low Beta, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Xtrackers Etf please use our How to Invest in Xtrackers Low guide.

Already Invested in Xtrackers Low Beta?

The danger of trading Xtrackers Low Beta is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Xtrackers Low is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Xtrackers Low. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Xtrackers Low Beta is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Xtrackers Low Beta is a strong investment it is important to analyze Xtrackers Low's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Xtrackers Low's future performance. For an informed investment choice regarding Xtrackers Etf, refer to the following important reports:
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 tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Xtrackers Low Beta information on this page should be used as a complementary analysis to other Xtrackers Low's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Xtrackers Low's price analysis, check to measure Xtrackers Low's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Xtrackers Low is operating at the current time. Most of Xtrackers Low's value examination focuses on studying past and present price action to predict the probability of Xtrackers Low's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xtrackers Low's price. Additionally, you may evaluate how the addition of Xtrackers Low to your portfolios can decrease your overall portfolio volatility.
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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.