Deutsche Asset Management expanded high yield ETF suite

Deutsche Asset Management announced the addition of three Xtrackers exchange-traded funds to its high yield suite:

  • Xtrackers Short Duration High Yield Corporate Bond ETF (SHYL): It seeks to track the performance of the Solactive USD High Yield Corporates Total Market 0-5 Year Index, with a more cost-efficient strategy.
  • Xtrackers High Beta High Yield Bond ETF (HYUP): The instrument seeks to track the performance of the Solactive USD High Yield Corporates Total Market High Beta Index, exposed to lower-credit quality, higher beta bonds.
  • Xtrackers Low Beta High Yield Bond ETF (HYDW): It seeks to track the performance of the Solactive USD High Yield Corporates Total Market Low Beta Index, exposed to lower beta bond.
  • The new funds complement the current offering of the Xtrackers USD High Yield Corporate Bond ETF and began trading on NYSE Arca.
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