Skip to Content
ETF News

IShares Launches 2 Short-Duration Corporate-Bond ETFs

Renaissance Capital launches an IPO ETF, WisdomTree rolls out a currency-hedged German-stock ETF, State Street draws up plans for an emerging-markets, low-volatility ETF, First Trust drafts a fund that would hold dividend-boosting firms listed on the Nasdaq, and more.

Mentioned: , , , , , , , , ,

With an eye toward what widely are expected to be higher interest rates in the future, iShares on Thursday debuted two passively managed exchange-traded funds that hold corporate bonds with between zero and five years left to maturity.

IShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) and iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) both track Market iBoxx indexes, but they are different in that one holds investment-grade corporates while the other holds high-yield corporates. Both are shorter-duration versions of iShares' popular pair of longer-duration corporate-bond funds,  iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) and  iShares iBoxx $ High Yield Corporate Bond ETF (HYG), which target the entire duration spectrum for their respective corners of corporate debt.

To view this article, become a Morningstar Basic member.

Register for Free

Robert Goldsborough does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.