BondBloxx Etf Profile

XHYE
 Etf
  

USD 37.33  0.31  0.82%   

Market Performance
3 of 100
Odds Of Distress
Less than 38
BondBloxx ETF is trading at 37.33 as of the 6th of December 2022, a -0.82 percent decrease since the beginning of the trading day. The etf's lowest day price was 37.29. BondBloxx ETF has about a 38 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for BondBloxx ETF Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of November 2022 and ending today, the 6th of December 2022. Click here to learn more.
Under normal circumstances, the fund will invest at least 80 percent of its net assets in high-yield, below-investment grade bonds denominated in U.S. dollars of issuers in the energy sector, either directly or indirectly . Boxx USD is traded on NYSEARCA Exchange in the United States.. More on BondBloxx ETF Trust

Moving together with BondBloxx ETF

+0.92EFAIShares MSCI EAFE Aggressive PushPairCorr
+0.9PFEPfizer Inc Sell-off TrendPairCorr
+0.69MRKMerck Company Sell-off TrendPairCorr

BondBloxx ETF 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. BondBloxx ETF's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding BondBloxx ETF or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
On 7th of November 2022 BondBloxx ETF paid $ 0.2031 per share dividend to its current shareholders
The fund keeps about 8.82% of its net assets in bonds
SEC FilingsBondBloxx ETF Security & Exchange Commission EDGAR Reports
Thematic Ideas
(view all).
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of BondBloxx ETF's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
IssuerBondBloxx Investment Management
Inception Date2022-02-15
BenchmarkICE Diversified US Cash Pay High Yield Energy Index
Entity TypeRegulated Investment Company
Asset Under Management5.71 Million
Asset TypeFixed Income
CategoryCorporate
FocusHigh Yield
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorBrown Brothers Harriman & Co.
AdvisorBondBloxx Investment Management Corporation
CustodianBrown Brothers Harriman & Co.
DistributorForeside Fund Services LLC
Portfolio ManagerElya Schwartzman
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents257
Market MakerFlow Traders
Total Expense0.35
Management Fee0.35
Nav Price36.87
Two Hundred Day Average37.9
Average Daily Volume In Three Month1.38k
Fifty Two Week Low35.57
As Of Date25th of October 2022
Average Daily Volume Last 10 Day510
Fifty Two Week High40.4
One Month0.94%
Fifty Day Average36.73
Three Month0.22%
BondBloxx ETF Trust [XHYE] is traded in USA and was established 2022-02-15. The fund is listed under High Yield Bond category and is part of BondBloxx Investment Management family. The entity is thematically classified as Aggressive. BondBloxx ETF Trust at this time have 7.31 M in net assets.
Check BondBloxx ETF Probability Of Bankruptcy

BondBloxx ETF Target Price Odds Analysis

What are BondBloxx ETF's target price odds to finish over the current price? Based on a normal probability distribution, the odds of BondBloxx ETF jumping above the current price in 90 days from now is about 9.81%. The BondBloxx ETF Trust probability density function shows the probability of BondBloxx ETF etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days BondBloxx ETF has a beta of 0.5149. This entails as returns on the market go up, BondBloxx ETF average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BondBloxx ETF Trust will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. BondBloxx ETF Trust is significantly underperforming NYSE Composite.
  Odds Below 37.33HorizonTargetOdds Above 37.33
89.92%90 days
 37.33 
9.81%
Based on a normal probability distribution, the odds of BondBloxx ETF to move above the current price in 90 days from now is about 9.81 (This BondBloxx ETF Trust probability density function shows the probability of BondBloxx Etf to fall within a particular range of prices over 90 days) .

BondBloxx ETF Trust Risk Profiles

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

BondBloxx ETF Against Markets

Picking the right benchmark for BondBloxx ETF 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 BondBloxx ETF 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 BondBloxx ETF is critical whether you are bullish or bearish towards BondBloxx ETF Trust at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in BondBloxx ETF 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?

Run Fund Screener Now

   

Fund Screener

Find actively-traded funds from around the world traded on over 30 global exchanges
All  Next Launch Module

Invested in BondBloxx ETF Trust?

The danger of trading BondBloxx ETF Trust 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 BondBloxx ETF 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 BondBloxx ETF. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile BondBloxx ETF Trust 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.
Check out Your Current Watchlist. You can also try Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for analysis

When running BondBloxx ETF Trust price analysis, check to measure BondBloxx ETF'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 BondBloxx ETF is operating at the current time. Most of BondBloxx ETF's value examination focuses on studying past and present price action to predict the probability of BondBloxx ETF's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BondBloxx ETF's price. Additionally, you may evaluate how the addition of BondBloxx ETF to your portfolios can decrease your overall portfolio volatility.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
The market value of BondBloxx ETF Trust is measured differently than its book value, which is the value of BondBloxx that is recorded on the company's balance sheet. Investors also form their own opinion of BondBloxx ETF's value that differs from its market value or its book value, called intrinsic value, which is BondBloxx ETF'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 BondBloxx ETF's market value can be influenced by many factors that don't directly affect BondBloxx ETF'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 BondBloxx ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine BondBloxx ETF value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BondBloxx ETF'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.