HYXU is up 2.8% year-to-date and gained 23.5% over the past year. In comparison, HYG is up 1.5% so far this year and rose 11.8% over the last year.
Top sector allocations include 22.3%, consumer goods 16.4%, financials 15.3%, consumer staples 10.8% and telecom services 8.7%.
Top country allocations include France 14.9%, Netherlands 13.5%, Luxembourg 13.1%, U.K. 12.4%, Germany 8.7%, Canada 6.8%, Italy 6.4%, Spain 4.5%, Ireland 3.0% and Portugal 3.3%.
Credit quality is BBB- 2.6%, BB+ 20.0%, BB 19.0%, BB- 14.1%, B+ 15.8%, B 8.6%, B- 5.4%, CCC+ 2.9%, CCC 0.3% and CCC- 0.7%.
For more information on high-yield fixed-income assets, visit our high-yield bonds category.
Max Chen contributed to this article.
Full disclosure: Tom Lydon’s clients own HYG.