Xtrackers Low Beta High Yield Bond ETF (HYDW) is an exchange-traded fund in the High Yield Bond category. It has $65.50M in assets, an expense ratio of 0.20% and a 5.73% dividend yield. The fund will invest at least 80% of its total assets, (but typically far more) in component securities of the underlying index. The underlying index is designed to track the performance of the segment of the U.S. dollar-denominated high yield corporate bond market that exhibits lower overall beta to the broader high yield corporate fixed income market.