“ETFs have been increasingly providing institutions with a safety valve to get out of investments quickly. These days, big bond buyers are willing to fork over cash for that,” according to Bloomberg.

Year-to-date, investors have pulled $797.6 million from HYG while adding $539.4 million to JNK. LQD has added over $2.4 billion in new assets.

iShares iBoxx $ High Yield Corporate Bond ETF


Tom Lydon’s clients own shares of HYG, JNK and LQD.

Subscribe to our free daily newsletters!
Please enter your email address to subscribe to ETF Trends' newsletters featuring latest news and educational events.