Room for Growth in ETF Bond Market

SHY is not the only name that has impressed on this front. The SPDR Barclays Short Term Corporate Bond ETF (NYSEArca: SCPB) and the SPDR Barclays Short Term High Yield Bond ETF (NSYEArca: SJNK) have added $805 million and $1.2 billion in new assets, respectively. The PIMCO Low Duration Exchange-Traded Fund (NYSEArca: LDUR) has been one of the most successful ETFs to launch this year, regardless of this year, with $140.3 million in AUM following its January debut. [A Fast Start for a New Bond ETF]

The trend of bond ETF inflows has continued in the current quarter as six bond funds rank among the top-10 ETFs for new assets gained. That list includes, in order, SHY, BND, the iShares iBoxx $ High Yield Corporate Bond ETF (NYSEArca: HYG), iShares Short Treasury Bond ETF (NYSEArca: SHV), AGG and IEF.

U.S. Bond ETF AUM

Chart Courtesy: BlackRock

Tom Lydon’s clients own shares of HYG and TLT.