BondBloxx CCC-Rated USD High Yield Corporate Bond ETF

XCCC tracks a market value-weighted index that specifically invests in USD-denominated corporate bonds with a credit rating of CCC (or its equivalent), based on an average of three main credit rating providers.

On this episode of the “ETF of the Week” podcast, VettaFi's Head of Research Todd Rosenbluth discussed the BondBloxx CCC-Rated USD Yield Corporate Bond ETF (XCCC) with Chuck Jaffe of “Money Life.” The pair talked about several topics regarding the fund to give investors a deeper understanding of the ETF overall.

VIDEO: ETF of the Week: BondBloxx CCC-Rated USD High Yield Corporate Bond ETF (XCCC)

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Junk bonds are beating the broader U.S. fixed-income market so far in 2024 — but pummeled Treasurys have attempted a comeback lately.

Junk bonds are beating the broader market so far in 2024 — but watch this shift

VettaFi's Head of Research Todd Rosenbluth discussed the BondBloxx CCC-Rated USD High Yield Corporate Bond ETF (XCCC) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and strategy, visit the Institutional Income Strategies Channel.

ETF of the Week: BondBloxx CCC-Rated USD High Yield Corporate Bond ETF (XCCC)

Even though April was a noticeably tough month for high yield bond investing, bonds rated CCC are continuing to prove to be valuable investment choices.

Seeking Outperformance? Try CCC-Rated Bonds

BondBloxx BB-Rated USD High Yield Corporate Bond ETF

High yield bonds rated CCC are continuing to bring in strong results. Recent insight from BondBloxx noted that high yield bonds brought in a positive performance in March, led by junk bonds rated BB and CCC.

Bonds Rated CCC Continue Show of Success

On Wednesday, Federal Reserve Chair Jerome Powell said that while interest rate cuts won't happen just yet, he believes cuts could be on the horizon. Powell added that he does not think the U.S. is heading toward a recession in the near term.

Amid Rate Speculation, Consider High Yield Corporate Bonds

BondBloxx B-Rated USD High Yield Corporate Bond ETF

The outlook for U.S. high yield fixed income may be more constructive than investors realize. High yield is well-known for being riskier than other segments in the fixed income market; however, strong corporate fundamentals have strengthened the integrity of the asset class.

2 Ways to Play U.S. High Yield

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Despite expectations for a recession in the second half of the year, markets were remarkably resilient in 2023. Inflation levels eased through most of the year, which enabled the Fed to pause its interest rate hikes.

Fixed Income Outperformed in 2023, But Not All Outperformance Was Equal

Bondbloxx USD High Yield Sector Rotation

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The U.S. economy defied expectations in 2023, avoiding a recession thanks to lowered inflation and a strong labor market. And after an abysmal year for fixed income in 2022, fixed income markets rebounded last year.

Why Now's a Good Time to Invest in Fixed Income

Among the risky bonds out there, Triple-C-rated corporate bonds, aka CCCs, are among the riskiest. But on the flip side of that coin, in terms of yields, they're also potentially among the most rewarding.

With CCCs Yielding 14%, XCCC May Be a Good Bet

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We are focusing a lot of attention on fixed income at VettaFi in October. This week, we are hosting webcasts with AllianceBernstein and State Street Global Advisors.

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High yield continues to live up to its name. In fact, it was the only major fixed income asset class to generate positive performance in August.

High Yield Continues to Bring the High Returns

Issuers of high yield bonds remain resilient going into the second half of 2023, with their balance sheets still well-positioned. And according to BondBloxx, the credit quality breakdown within high yield remains better than before previous downcycles.

Within High Yield, Credit Rating Category Positioning Matters

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Bull vs. Bear is a weekly feature where the VettaFi writers' room takes opposite sides for a debate on controversial stocks, strategies, or market ideas — with plenty of discussion of ETF ideas to play either angle. For this edition of Bull vs.

Bull vs. Bear: Are High Yield ETFs Worth the Higher Risk?

The prospect for income generation in high yield ETFs has increased significantly with the past year's run-up in yields. But when targeting high yield, investors should be shrewd and selective when picking their entry points.

Picking the Right Entry Point Into High Yield

High yield fixed income seems to be making a comeback in 2023 after facing an historically bad year for bond markets in 2022. And against a backdrop of lowering inflation and a slightly more bullish (or at least, less bearish) investor sentiment, triple-Cs in particular are doing quite well.

Use XCCC to Capitalize on the Potential of Triple-Cs

High yield is really living up to its name. An Ice Data Services index shows that yields on so-called domestic junk bonds have risen to nearly 8.6% from a mid-August low of 7.4%, reflecting a substantial price drop.

High Yield Is Living Up to its Name

U.S. high yield bonds seeing their biggest one-month rally in a decade suggests that the economy won't fall into a recession. Amid the Federal Reserve's plan to fight inflation with aggressive interest rate hikes, so-called junk bonds gained 5.9% in July and have also been gaining in August, according to Bloomberg.

High Yield Bonds See Biggest One-Month Gain in 10 Years

As fears of a recession diminish and yields fall, companies are once again looking to issue bonds — and not just investment-grade bonds.

High Yield Corporate Bond Sales Bigger in 1 Day Than in All of July

Institutional investors such as pension funds and endowments are eyeing more distressed debt opportunities, anticipating that a recession will allow them to profit from the debt of struggling companies.

Bracing for Recession, Institutional Investors Eye Distressed Debt

With stock markets continuing to be volatile and analysts fearing that a recession could be looming over the horizon, high yield corporate bonds offering weightier yields than they have in recent years may provide investors with better downside protection than stocks, according to Nuveen.

Corporate High Yield Debt May Provide Better Downside Protection Than Stocks

BondBloxx Investment Management announced the launch of three new ETFs, which begin trading today on NYSE Arca. The ETFs track ratings-specific sub-indexes of the ICE BofA US Cash Pay High Yield Constrained Index.

BondBloxx Launches 3 New High Yield Corporate Bond ETFs

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The three funds range from B to CCC credit ratings.

News for BondBloxx CCC-Rated USD High Yield Corporate Bond ETF ETF (XCCC)