HYLD will celebrate its 2 year anniversary since inception in December of this year, so live returns are somewhat limiting when looking at how HYLD has fared against its peers since its launch. One thing is for sure however, the ETF is beginning to attract assets as it has more than $93 million currently invested in the fund, and this is an excellent sign not only for the fund, but for the viability of actively managed ETFs in general.
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Full disclosure: Tom Lydon’s clients own HYG and JNK.
Story updated to correct total-return performance for high-yield ETFs.