TCWHigh Yield BondHYBX · NYSE

TCW High Yield Bond ETF (HYBX)

Compare High Yield Bond ETFs Compare with others

Price: $28.91; —25 Sept 2026
Assets: $28.9M; Total net assets
Expense ratio: 0.50%; Category 0.85%
Yield: 7.90%; Trailing distributions

1Y return: 1.9%-0.4%; Category 2.3%
3Y CAGR: —; Category 7.8%
5Y CAGR: —; Category 3.4%

Loading NAV history…

TCW High Yield Bond ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-2.1%	-1.1%	+2.0%	+1.8%	+1.9%	—	—	—	+4.3%
High Yield Bond average	-2.0%	-1.1%	2.2%	0.7%	2.3%	7.8%	3.4%	4.5%	4.2%
Difference	-0.1%	0.0%	-0.2%	+1.1%	-0.4%	—	—	—	+0.2%

Holdings

The 1 largest positions make up 3.2% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
TGCXX	TCW Central Cash Cash Management	3.20%

Sector allocation

Share of the equity the fund holds.

Health care100.0%

Asset mix

Bonds92.2%
Cash4.5%
Preferred shares2.8%
Stocks0.6%

Credit quality

Share of the bonds by rating.

AAA3.2%
AA1.4%
A0.9%
BBB3.8%
BB33.5%
B50.7%
Below B6.1%
Other0.4%

ETF details

Issuer: TCW
Category: Fixed Income · High Yield Bond
Ticker: HYBX
Exchange: NYSE
Inception: 26 Feb 1993 (33.6 years)
Structure: Exchange Traded Fund
Expense ratio: 0.50% (category 0.85%)
Holdings turnover: 111% (category 74%)
Distribution yield: 7.90%
Beta, 3 years: 0.57
Total net assets: $28.9M
Average duration: 6.69 years
Average maturity: 9.85 years

Prices and returns as of 25 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other high yield bond ETFs

Other ETFs in the High Yield Bond category.

Compare High Yield Bond ETFs