Getting Tactical With Some Popular ETFs

Windham’s fixed income holdings include the Vanguard Short-Term Corporate Bond ETF (NasdaqGM: VCSH) and the SPDR Short-Term High Yield ETF (NYSEArca: SJNK).

While 2014 has been a year of fits and starts for traditional junk bond ETFs, SJNK has steadily gained a following due to a duration of 2.47 years, which is slightly more than half that of traditional junk bond ETFs.

At a time when market observers are concerned about the exposure of high-yield ETFs to the energy sector, SJNK’s utility becomes more apparent because its weight to energy paper is less than the allocations to energy debt found in marquee high-yield bond ETFs. [Less Energy Exposure With These Junk Bond ETFs]

Rated marketweight by S&P Capital IQ, SJNK has added over $1 billion in assets this year, bringing its AUM total to $3.85 billion since its March 2012 debut.

Vanguard Total Stock Market ETF