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I do the “ETF of the Week” for MarketWatch every Thursday on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments within the exchange traded fund market.
This Thursday, I focused on the SPDR Barclays Capital High Yield Bond ETF (NYSEArca: JNK). Just because it holds high-yield bonds, it does not mean you should consider this ETF as junk.
Full disclosure: Tom Lydon’s clients own JNK.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.