|Bid||92.85 x 3100|
|Ask||93.00 x 3000|
|Day's Range||91.96 - 92.94|
|52 Week Range||87.80 - 94.84|
|PE Ratio (TTM)||19.47|
|YTD Daily Total Return||9.67%|
|Beta (5Y Monthly)||1.01|
|Expense Ratio (net)||0.40%|
The Federal Reserve's interest rate hikes have taken a toll on some of the biggest bond market ETFs available to investors.
The fixed income sector could contain growth value ahead of the Fed's anticipated balance sheet roll-offs and a potential recession. PIMCO Managing Director and Portfolio Manager Sonali Pier believes equities would "bear the brunt" of any recessionary headwinds and encourages a pivot to fixed income in case of a disappointing earnings season.
SCHI has become one of the largest intermediate-term corporate bond ETFs in a year in which investors have largely shunned such funds.