110.36 -0.02 (-0.02%)
After hours: 4:03PM EDT
|Bid||110.36 x 1400|
|Ask||110.38 x 45900|
|Day's Range||110.36 - 110.38|
|52 Week Range||110.18 - 110.47|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.03|
|Expense Ratio (net)||0.15%|
With volatility spiking and the markets being thrown into chaos, investors have turned to ETFs as one of their go-to tools to access the markets. For example, on Tuesday when U.S. Markets were down 3.8% and the CBOE Volatility Index or VIX jumped to a 23 reading from 16, 35% of the total notional market value was attributed to ETF exchanging hands, according to Deutsche Bank data. Furthermore, looking at the outflows in iShares iBoxx $ High Yield Corp Bd ETF (HYG) , SPDR Barclays High Yield Bond ETF (JNK) , iShares Core US Aggregate Bond ETF (NYSEArca: AGG) and iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) with a combined excess of over $7 billion, it is worth mentioning that there are dozens of ETFs that are built as an alternative to simply holding cash.
Money market exchange-traded funds (ETFs) are a necessary part of many investors' portfolios because they can provide safety and preservation of capital in a turbulent market. While money market ETFs invest the majority of their funds in either cash equivalents or highly rated securities with very short-term maturities, some may invest a portion of their assets in longer-term or lower-rated securities. Although all investments pose some risks, the following money market ETFs are relatively safe option for investors: the iShares Short Treasury Bond ETF ( SHV), the iShares Short Maturity Bond ETF ( NEAR), the SPDR Barclays 1-3 Month T-Bill ETF ( BIL) and the Invesco Ultra Short Duration ETF ( GSY).
In the context of portfolio construction, the best thing about bonds is that they are not stocks. All these attributes lend themselves to bonds being less than perfectly correlated with stocks, making them good diversifiers of equity risk. As stocks continue to chug along and interest rates have lifted off from their recent lows and could climb higher still, now is a good time to revisit bonds' role in a diversified portfolio.
The current interest environment is compelling investors to consider short-term bond funds, including the iShares Short Treasury Bond ETF (SHV) and the iShares Short-Term Corporate Bond ETF (IGSB). When it’s no longer profitable to go long on government debt, the ideal move would be to go the opposite direction–this is where SHV comes into play. As yield curves flatten and an outflux of investor capital leaves the safe havens of government debt, SHV, which tracks the investment results of the ICE U.S. Treasury Short Bond Index, could be in play.
Last week, President Donald Trump approved doubling of metal tariffs that led to the fall of lira by 20% on Aug 10. The United States plans to double import tariffs on Turkish steel to 50% and raise the rate on aluminum to 20%, Trump said on Twitter on Friday.The depreciation started after the Turkish delegation returned from Washington with no progress on the detention of Andrew Brunson, an American pastor detained in Turkey in 2016.The U.S. government debt prices spiked on Aug 10 as traders were in search of a safe haven. In response to U.S. ...
Stocks across the globe have suffered their worst first half in a year since 2010, wiping out trillions of dollars from the MSCI's 47-country world index. Inside the hot and flop ETFs in terms of fund flows.
As government debt yields continue to slide amid trade concerns in the first half of 2018, more investors are willing to accept more risk in order to achieve higher yields in the fixed income space. “One ...
Russia has lost its appetite for U.S. debt, paring down its holdings by 50 percent from March to April--a cut that represents a total of $96.1 billion to $48.7 billion. As it currently stands, the national debt, which includes intragovernmental holdings has swelled to over $21 trillion. "We need all the help we can get in the search for buyers of US Treasuries due to the enormous supply coming our way in the next few years," said Peter Boockvar, chief investment officer at Bleakley Advisory Group.
Many investors have funneled the most cash since October 2013 to global money markets in response to the spike in uncertainty surrounding trade tensions and weakness in emerging markets. Investors can ...
Argentina seeks aid from the International Monetary Fund as the peso continues to bleed amid broad emerging markets sell-off.
Investors piled into fixed income exchange traded funds last month, focusing on short duration fare such as the iShares Short Treasury Bond ETF (SHV) . The Federal Reserve raised interest rates in March and many bond market observers are pricing in as many as four rate hikes this year, prompting investors to embrace funds with lower rate risk. Another $1.7 billion has gone into two similar ETFs from Goldman Sachs Group Inc. and State Street,” reports The Wall Street Journal.
Investors poured into fixed income ETFs in April as equity market volatility jumped with several month’s leading asset-gathering ETFs being bond funds. For example, the iShares Short Treasury Bond ETF ...
In fact, April was a great month for bond ETFs on multiple fronts. Last month, BlackRock, Inc. ( BLK), the parent company of iShares, the world's largest ETF issuer, said that combined assets under management for bond ETFs listed around the world eclipsed $800 billion. Entering the final trading day of last month, "U.S.-listed bond ETF flows have attracted $14.7 billion so far in April, on track for [the] biggest month of net inflows since October 2014 (October 2014 had inflows of $17.3 billion)," said Steve Laipply, head of U.S. iShares fixed income strategy at BlackRock.
Year-to-date, three fixed income exchange-traded funds are among the top 10 ETFs in terms of new assets added. The iShares Short Treasury Bond ETF (NYSE: SHV ) and the iShares Core Aggregate Bond ETF (NYSE: ...
Based on comments from key members of the FOMC (Federal Open Market Committee) and the mismatch between the economic performance and signals of a flattening yield curve, it’s tempting to stop depending on the slope of the yield curve (BND) (AGG) as a tool to determine recession risk. It’s important to understand that no financial indicator is foolproof, and the same can be said about the flattening yield curve in the current economic climate. As Fed Chair Jerome Powell said, the indicator might not have relevance in a low-inflation (TIP) environment.
As traders turn risk-off in response to escalating trade war tensions, investors have been diving into safety bets like Treasury bonds and related ETFs. A weekly data compilation by Bank of America Merrill ...
The recent rate hike by the Federal Reserve is seen as boosting the attractiveness of short-term bonds and the related bond ETFs, including the iShares Short Treasury Bond ETF (NASDAQ: SHV). SHV tracks ...
As the growth outlook strengthens and the Federal Reserve responds with a tighter monetary policy, bond ETF investors will have to adapt to the changing market environment. “Tax cuts and plans for more ...