Xtrackers iBoxx EUR Corporate Bond Yield Plus UCITS ETF 1D (XDEP.DE)

This ETF aims to track the Markit iBoxx EUR Corporates Yield Plus Index, an index specifically designed to represent the highest-yielding Euro-denominated corporate bonds. It is a sub-component of the broader Markit iBoxx EUR Corporate 1-10 year index. To qualify for inclusion, bonds must initially carry an investment-grade rating, although they are not automatically removed if subsequently downgraded, with a BB rating acting as the exclusion threshold. The allocation to high-yield bonds is also capped at 20%. Only bonds with maturities between 1.25 and 10 years are considered, and each bond must have a minimum outstanding issuance of €500 million. Comprehensive information on the index and its methodology can be found on the Markit iBoxx website (https://www.markit.com).