BondBloxx CCC-Rated USD High Yield Corporate Bond ETF

XCCC

Market cap $317M

The BondBloxx CCC Rated USD High Yield Corporate Bond ETF remains resilient, outperforming leveraged peers in 2026 with only a -4% total return decline. XCCC's performance is anchored by moderate CCC credit spreads and low duration, but the fund's high-risk, distressed credit profile exposes it to default volatility. Current CCC spreads, at 10.13%, sit near historical medians, suggesting neither excessive risk nor opportunity relative to past cycles.

Tony Dong is the founder of ETF Portfolio Blueprint.

From a new Fed chair nominee to a hard turn to risk-off trading in some parts of the market - the broader landscape is rapidly changing for ETF investors. BondBloxx ETFs co-founder Joanna Gallegos and Strategas Securities technical strategist Todd Sohn sit down with CNBC's Dominic Chu to discuss this and much more on “ETF Edge.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF offers high yields but carries significant credit risk due to its focus on CCC-rated bonds. Current high-yield spreads are tight, making XCCC unattractive for new positions; holding is advised if already owned, but avoid new entries for now. The ETF's moderate duration, sector concentration, and high turnover ratio highlight risks tied to refinancing and potential spread widening.

Geopolitical and economic uncertainty — and gold touching $4,000 an ounce — is pushing income-seeking investors back toward the best bond ETFs.

A Fed cut and a drop in the 10-year means you need to buy riskier junk bonds if you want higher yields. This ETF just might fill the order.

Very few high yield funds go right at the bottom of the barrel to get returns. XCCC is a rare bird that dives head first into the CCC rated bonds. Interestingly enough, it has taken CLO funds like ECC and OXLC to the cleaners since its inception.

BondBloxx's ETF offers targeted exposure to a specific high yield rating band, filling a unique niche in the fixed income market. Retail investors now have efficient access to CCC-rated junk bonds, a segment previously difficult to reach. The ETF's structure could attract institutional investors, potentially increasing assets under management and liquidity.

Investors understand idioms like “don't put all your eggs in one basket,” but what does that really mean when it comes to their investments? There has to be a better plan than going all or nothing in risky technology stocks or conservative utilities stocks.

The BondBloxx CCC Rated High Yield Corporate Bond ETF (XCCC) offers investors exposure to CCC rated high yield bonds. CCC high yield bonds have historically delivered weak risk-adjusted returns due to their high realized volatility. Current credit spreads for CCC bonds are very tight compared to historical norms and could widen if interest rates move higher.