XBB Stock Summary and Trading Ideas (Bondbloxx ETF Trust Bondbloxx Bb-Rated USD High Yield Corporate Bond ETF | ARCA:XBB)

BondBloxx BB-Rated USD High Yield Corporate Bond ETF seeks to track the investment results of the ICE BofA BB US Cash Pay High Yield Constrained Index (the "Index"), which contains all bonds in the ICE BofA US Cash Pay High Yield Constrained Index (the "Underlying Index") that are rated BB1 though BB3, based on an average of Moody's Investors Services, Inc. ("Moody's"), S&P Global Ratings ("S&P") and Fitch Ratings, Inc. ("Fitch"), but caps issuer exposure at 2%.

Bondbloxx ETF Trust Bondbloxx Bb-Rated USD High Yield Corporate Bond ETF trades on the ARCA stock market under the symbol XBB.

As of December 13, 2024, XBB stock price declined to $40.49 with 948 million shares trading.

XBB has a market cap of $64.78 million. This is considered a Micro Cap stock.

XBB has underperformed the market in the last year with a price return of +7.5% while the SPY ETF gained +29.9%. XBB has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.6% and +0.1%, respectively, while the SPY returned +7.8% and +0.3%, respectively.

XBB support price is $40.36 and resistance is $40.82 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that XBB shares will trade within this expected range on the day.