Global X USHY ETF (ASX:USHY)

Global X USD High Yield Bond ETF (Currency Hedged)

Global

About the USHY ETF

The Global X USHY invests in global high yield bonds and aims to offer high yields with less duration risk compared to investment grade bonds

USHY ETF Performance Review

9.7

7.4

6.23

7.65

Data Current To: 31/01/2023

Our review of USHY ETF

High risk, high return strategy

What we like about the USHY ETF

Global, currency hedged fund

Low management fee given high risk nature of the ETF

Very good diversification with more than 1,000 securities in the fund. Top 10 holdings worth less than 5% of the portfolio as at 6 February 2024

Things to be aware of about the USHY ETF

96.2% of the portfolio is sub investment grade as at 31 December 2023, up from 85% at the same time last year

Returns are likely to be volatile

Concentrated in three sectors - Consumer discretionary, communications and industrials constituting 47.3% of the fund as at 31 December 2023

US securities make up 80.1% of the portfolio

USHY ETF Investment Strategy

USHY seeks to provide high quartely income by investing in high yield rated corporate bonds in US dollars issued by companies in developed countries

What does the USHY ETF Invest In?

USHY is a Corporate Bond ETF.

Global high yield bonds

USHY ETF Credit Quality

A detailed breakdown of the credit quality is expressed below.

USHY Frequently Asked Questions

What index does the USHY ETF aim to replicate?

The USHY ETF aims to replicate the Solactive USD High Yield Corporates Total Market AUD Hedged.

How often does USHY ETF pay distributions?

The distribution frequency of USHY is Quarterly.

When did the USHY ETF start?

The inception date of the USHY ETF was 01/07/2022.

What are the net assets of the USHY ETF?

USHY has net assets of $12.03m (AUD) as of 31/01/2023.

What are the number of holdings in the USHY ETF?

Total number of holdings in USHY is 1057 as of 31/01/2023.

What are the management fees for the USHY ETF?

The annual management fees for the USHY ETF are 0.3% p.a. Learn more about ETF fees in this article.

How can I invest in the USHY ETF?

USHY is an Exchange Traded Fund, and units may be bought or sold on the ASX like shares. Learn how to buy and sell ETFs in this article.

Does the USHY ETF have a minimum investment amount?

No, there is no minimum to invest in the Global X ETFs USHY ETF. Exchange Traded Funds in general do not have a minimum investment amount required by the issuer. However, if you choose to invest through a broker, they may choose to set their own minimum investment amount.

Are there any performance fees associated with the USHY ETF?

No, USHY has no performance fee. This is one of the advantages of Exchange Traded Funds, as they are traded like shares, you’ll generally only pay a commission to buy or sell units and an ongoing management fee.