About XYLD
This ETF seeks to replicate the performance of the Bloomberg MSCI USD Corporate SRI 0-5 Years PAB Index. This index comprises U.S. dollar-denominated corporate bonds that are rated investment-grade and possess short-term maturities, specifically ranging from one month up to, but not including, five years. Each bond issue must have a minimum outstanding value of USD 750 million to qualify. A key feature of this index is its stringent environmental, social, and governance (ESG) criteria, admitting only companies with an MSCI ESG rating of BBB or higher and an MSCI ESG Controversy score of 1 or greater. Moreover, the index maintains a strong decarbonization commitment, initiating with a 50% reduction in absolute greenhouse gas (GHG) emissions relative to its parent universe, followed by a continuous annual 7% reduction trajectory. It also systematically excludes companies involved in a range of controversial sectors, such as alcohol, tobacco, gambling, adult entertainment, genetically modified organisms (GMOs), nuclear power, civilian firearms, and certain military weapons, as further specified in its exclusion rules. For comprehensive details on the index and its methodology, refer to the Bloombergindices website.
Asset Class Fixed Income
Category Broad Credit
Stock Exchange Deutsche Börse Xetra
Ticker Symbol XYLD
Provider Xtrackers
Index Tracked Bloomberg MSCI USD Corporate SRI 0-5 Years PAB Index - Benchmark TR Net
XYLD had a total return of 4.94% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.82%.