The proof is in the pudding regarding Credit Suisse’s rising rates ETF ideas. Over the past six months, REM and GDX are down 12.9% and 11.3%, respectively while PNQI and KBE are up 38.4% and 20.5%.
Bond ideas included the SPDR Blackstone/GSO Senior Loan ETF (NYSEArca: SRLN) and the Pimco Enhanced Short Maturity ETF (NYSEArca: MINT), according to Barron’s.
Sector Performance in Rising Rate Periods
Chart Courtesy: Credit Suisse via Barron’s.