Related: Corporate Bond Exposure for Thrifty Investors
The ETF’s 30-day SEC yield of 5.74% cements the notion that investors do not have to sacrifice to gain the advantage of rising rates protection. SHYG charges 0.30% per year, or $30 on a $10,000 investment.
Rivals to SHYG include the ProShares High Yield Interest Rate Hedged ETF (Cboe: HYHG), WisdomTree BofA Merrill Lynch High Yield Bond Zero Duration Fund (NYSEARCA: HYZD) and the Deutsche X-trackers High Yield Corporate Bond – Interest Rate Hedged ETF (Cboe: HYIH).
For more information on the fixed-income space, visit our bond ETFs category.