Question on finding the right HYSA
9/2/2025 04:43am
The right HYSA (High Yield Savings Account) for you will depend on your specific financial goals and preferences. Here are some key factors to consider when choosing an HYSA:
1. **Benchmark and Expense Ratio**:
- Look for HYSA ETFs with a benchmark of ICE BofA US Cash Pay High Yield Constrained Index and an expense ratio below 1%.
- The BondBloxx USD High Yield Bond Sector Rotation ETF (HYSA) has a benchmark of ICE BofA US Cash Pay High Yield Constrained Index and an expense ratio of 0.55%.
2. **Dividend Frequency**:
- Consider the dividend frequency of the HYSA. The PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYSA) distributes dividends monthly.
3. **Dividend Yield**:
- Check the dividend yield of the HYSA. The BondBloxx USD High Yield Bond Sector Rotation ETF (HYSA) has a monthly dividend yield of $0.0840.
4. **Investment Strategy**:
- If you are looking for a sector rotation strategy, the BondBloxx USD High Yield Bond Sector Rotation ETF (HYSA) might be a good fit as it rotates among different high-yield bond sectors.
In conclusion, the BondBloxx USD High Yield Bond Sector Rotation ETF (HYSA) appears to be a suitable option due to its benchmark alignment, lower expense ratio, and monthly dividend distribution, which may appeal to investors seeking regular income. However, it's important to align the HYSA with your investment strategy and goals.