Xtrackers Bloomberg US Investment Grade Corporate ESG ETF

C000147846 Fund Overview

Xtrackers Bloomberg US Investment Grade Corporate ESG ETF is a US ETF managed by Dbx ETF Trust, categorised as Intermediate Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US ETF
• Manager: Dbx ETF Trust
• Category: Intermediate Corporate Bond
• Assets under management: $2.75M
• 1-year return: 5.6%
• SEC CIK: 0001503123
• SEC series ID: S000047170
• Share class ID: C000147846

C000147846 Investment Objective and Strategy

Xtrackers Bloomberg US Investment Grade Corporate ESG ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Dbx ETF Trust.

Investment objective

Xtrackers Investment Grade Bond – Interest Rate Hedged ETF (the “Fund”) seeks investment results that correspond generally to the performance, before fees and expenses, of the Solactive Investment Grade Bond – Interest Rate Hedged Index (the “Underlying Index”).

Principal investment strategy

The Fund, using a passive or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the Underlying Index, which is comprised of (a) long positions in U.S. dollar-denominated investment-grade corporate bonds and (b) short positions in U.S. Treasury notes or bonds (Treasury Securities) of, in aggregate, approximate equivalent duration to the investment-grade corporate bonds. Duration is a measure that estimates the sensitivity of a bonds price relative to interest rate changes. Duration is often expressed as a period of time, and considers the timing and pattern of interest and principal payments. Generally, a lower duration indicates a lower sensitivity to changes in interest rates, and a higher duration indicates a higher sensitivity to changes in interest rates.

By taking these short positions, the Underlying Index seeks to mitigate the potential negative impact of rising Treasury interest rates (interest rates) on the performance of investment grade bonds (conversely limiting the potential positive impact of falling interest rates). The short positions are not intended to mitigate other factors influencing the price of investment grade bonds, such as credit risk, which may have a greater impact than rising or falling interest rates. Currently, the bonds eligible for inclusion in the Underlying Index include U.S. dollar-denominated corporate bonds that: (i) are issued by companies domiciled in countries classified as developed markets by the index provider; (ii) rated as investment-grade by at least one of these two rating agencies: Moodys Investors Services (Moodys) and Standard & Poors Ratings Services; (iii) are from issuers with at least $2 billion outstanding face value; (iv) have at least $750 million of outstanding face value; and (v) have at least three years to maturity if already part of the Underlying Index or three and a half years to maturity upon entering the Underlying Index.

The Underlying Index is reconstituted and rebalanced (including a reset of the interest rate hedge) on a monthly basis. As of July 31, 2018, the Underlying Index was comprised of 1,714 bonds issued by 320 different issuers. Relative to a long-only investment in the same investment grade bonds, the Underlying Index, and thus the Fund, should outperform in a rising interest rate environment and underperform in a falling or static interest rate environment. In addition, the performance of the Underlying Index, and by extension the Fund, depends on many factors beyond rising or falling interest rates, such as the perceived level of credit risk in the investment grade bond positions. These factors may be as or more important to the performance of the Underlying Index, and thus the Fund, than the impact of interest rates.

As such, there is no guarantee that the Underlying Index, and accordingly, the Fund, will have positive performance even in environments of sharply rising interest rates. The Underlying Index, and thus the Fund, may be more volatile than a long-only position in the same investment grade bonds. The Fund will invest in derivatives, which are financial instruments whose value is derived from the value of an underlying asset or assets, such as stocks, bonds or funds (including exchange-traded funds (ETFs)), interest rates or indexes. The Fund primarily invests in derivatives as a substitute for obtaining short exposure in Treasury Securities. These derivatives principally include futures contracts, which are standardized contracts traded on, or subject to the rules of, an exchange that call for the future delivery of a specified quantity and type of asset at a specified time and place or, alternatively, may call for cash settlement.

The Fund will use futures contracts to obtain short exposure to Treasury Securities. The Fund uses a representative sampling indexing strategy in seeking to track the Underlying Index, meaning it generally will invest in a sample of securities in the index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Underlying Index as a whole. The Fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in investment grade corporate bonds. In addition, the Fund will invest at least 80% of its total assets, but typically far more, in instruments that comprise the Underlying Index. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to the extent that its Underlying Index is concentrated.

As of July 31, 2018, a significant percentage of the Underlying Index was comprised of issuers in the financial services (29.9%) sector.

C000147846 Holdings

Top 10 holdings of Xtrackers Bloomberg US Investment Grade Corporate ESG ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000147846 holdings

C000147846 Portfolio Allocation

Asset-class allocation of Xtrackers Bloomberg US Investment Grade Corporate ESG ETF by percentage of net assets, from the latest SEC N-PORT filing.

C000147846 Performance

Total returns for C000147846 (as of 2026-10-01), from SEC filings.

C000147846 Risk Information

Risk metrics for C000147846, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 9.3%

C000147846 Costs and Fees

C000147846 costs about $25 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.25%
• Gross expense ratio: 0.25%
• Portfolio turnover: 17%
• Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)

C000147846 Cashflows

Over the 12 months to 2024-02, Xtrackers Bloomberg US Investment Grade Corporate ESG ETF had net inflows of $3.67M, from monthly SEC N-PORT filings.

C000147846 Debt Constituents

Largest debt holdings of Xtrackers Bloomberg US Investment Grade Corporate ESG ETF by percentage of net assets, from the latest SEC N-PORT filing.

C000147846 Prospectus and SEC Filings

Official Xtrackers Bloomberg US Investment Grade Corporate ESG ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2023-09-27
• Prospectus (485BPOS) — filed 2022-09-27
• Prospectus (485BPOS) — filed 2021-09-27
• Portfolio holdings (N-PORT) — filed 2024-04-26
• Portfolio holdings (N-PORT) — filed 2024-01-25
• Portfolio holdings (N-PORT) — filed 2023-10-26
• Annual census (N-CEN) — filed 2023-08-14
• Annual census (N-CEN) — filed 2022-08-10

Related Funds

Other Intermediate Corporate Bond funds tracked on ABC INVEST:

• Vanguard Intermediate-Term Corporate Bond Index Fund (VICSX)
• Lord Abbett Short Duration Income Fund (LLDYX)
• Vanguard Intermediate-Term Investment-Grade Fund (VFICX)
• iShares Broad USD High Yield Corporate Bond ETF (USHY)
• Lord Abbett Bond Debenture Fund INC (LBNDX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.