These four ETFs have different yields and risk profiles. Exchange-traded funds provide a diverse portfolio.
High-yield bond funds like HYG offer stable and attractive income streams, appealing to retirees seeking passive income. That being said, some bad news is emerging for the high-yield space. We share our concerns with the sector and with HYG in particular, and we discuss what we like better.
iShares iBoxx $ High Yield Corporate Bond ETF is the largest “junk bond” ETF in the market and is often used as a benchmark. The yield is attractive, but both price and distributions have suffered a decay for years. If HYG doesn't look compelling as a long-term investment, it may be useful in tactical allocation strategies.
Statistically, one of the most bullish days of the year, July 1st was rather surprising. Our family of stock market ETFs was not so happy on Monday.