ETF of the Week: Xtrackers USD High Yield Corporate Bond ETF (HYLB)

ETF Trends CEO Tom Lydon discussed the Xtrackers USD High Yield Corporate Bond ETF (HYLB) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. HYLB offers broad exposure to “junk” bonds — debt issued by borrowers with a higher risk of default. For taking on the added risk, investors are rewarded with higher yields than those offered on ultra-safe U.S. Treasuries or investment-grade debt issued by the most creditworthy companies. ETFs offer quite a few high-yield options, including active management, so-called “smart” indexing, and even an ETF that screens junk debt based on environmental, social and government criteria.