Xtrackers High Beta Etf Profile
| HYUP Etf | USD 40.40 0.05 0.12% |
Performance2 of 100
| Odds Of DistressLess than 9
|
Xtrackers High is selling at 40.40 as of the 25th of April 2024; that is -0.12 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 40.4. Xtrackers High has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Xtrackers High Beta are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 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 High is traded on NYSEARCA Exchange in the United States. More on Xtrackers High Beta
Moving together with Xtrackers Etf
| 0.97 | HYG | iShares iBoxx High Aggressive Push | PairCorr |
| 0.91 | USHY | iShares Broad USD | PairCorr |
| 0.89 | JNK | SPDR Bloomberg High | PairCorr |
| 0.92 | SHYG | iShares 0 5 | PairCorr |
| 0.98 | HYLB | Xtrackers USD High | PairCorr |
| 0.99 | SJNK | SPDR Bloomberg Short | PairCorr |
| 0.73 | ANGL | VanEck Fallen Angel | 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 High's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Xtrackers High or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Old Name | HYUNDAI MOTOR COMPANY |
| Business Concentration | High Yield Bond, Xtrackers (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 0.71 |
| Name | Xtrackers High Beta High Yield Bond ETF |
| Currency Code | USD |
| In Threey Volatility | 10.09 |
| 1y Volatility | 7.61 |
| 200 Day M A | 39.9322 |
| 50 Day M A | 40.7198 |
| Code | HYUP |
| Updated At | 24th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.07) |
| Type | ETF |
Xtrackers High Beta [HYUP] 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. Xtrackers High Beta currently have 11.33 M in assets under management (AUM). , while the total return for the last 3 years was 1.0%.
Check Xtrackers High Probability Of Bankruptcy
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 High 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.
Top Xtrackers High Beta Etf Constituents
| Golden Nugget Inc 6.75% | 0.62% |
| American Airlines, Inc. 11.75% | 0.75% |
| Caesars Entertainment Inc New 6.25% | 0.64% |
| TransDigm, Inc. 5.5% | 0.93% |
| Clarios Global Lp 8.5% | 0.72000003% |
| Staples, Inc. 7.5% | 0.61000003% |
| Teva Pharmaceutical Finance Netherlands III B.V. 3.15% | 0.94% |
| Carnival Corporation 5.75% | 0.95999995% |
| Bombardier Inc. 7.88% | 0.68% |
| CSC Holdings, LLC 5.75% | 0.62% |
Xtrackers High Target Price Odds Analysis
In regard to a normal probability distribution, the odds of Xtrackers High jumping above the current price in 90 days from now is about 48.79%. The Xtrackers High Beta probability density function shows the probability of Xtrackers High etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Xtrackers High has a beta of 0.4069. This usually indicates as returns on the market go up, Xtrackers High average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Xtrackers High Beta will be expected to be much smaller as well. Additionally, xtrackers High Beta has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Xtrackers High to move above the current price in 90 days from now is about 48.79 (This Xtrackers High Beta probability density function shows the probability of Xtrackers Etf to fall within a particular range of prices over 90 days) .
Xtrackers High Top Holders
| HYIH | DWS | Etf | High Yield Bond |
Xtrackers High Beta Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Xtrackers High market risk premium is the additional return an investor will receive from holding Xtrackers High 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 High. 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 High's alpha and beta are two of the key measurements used to evaluate Xtrackers High's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.033 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.20) |
Xtrackers High Against Markets
Picking the right benchmark for Xtrackers High 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 High 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 High is critical whether you are bullish or bearish towards Xtrackers High Beta at a given time. Please also check how Xtrackers High'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 High 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.Did you try this?
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How to buy Xtrackers Etf?
Before investing in Xtrackers High, 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 High. To buy Xtrackers High etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Xtrackers High. 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 High etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Xtrackers High 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 High 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 High 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 High guide.
Already Invested in Xtrackers High Beta?
The danger of trading Xtrackers High 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 High 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 High. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Xtrackers High 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 High Beta is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Xtrackers Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Xtrackers High Beta Etf. Highlighted below are key reports to facilitate an investment decision about Xtrackers High Beta Etf: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Xtrackers High 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 employment. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of Xtrackers High 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 High's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers High'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 High's market value can be influenced by many factors that don't directly affect Xtrackers High'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 High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers High'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.