As is the case with political races, financial markets could respond to perceived momentum shifts in favor of either Summers or Yellen. That could increase the allure of HYLD’s active management style, but what investors should ultimately concern themselves is the Peritus track record.
Over the past month, 90 days, year-to-date and over the past year, HYLD has outperformed the Barclays U.S. High-Yield Index, according to AdvisorShares data.
Peritus High Yield ETF
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of JNK.