9 New Bond ETFs in February

Nine new bond ETFs came to market in February, including the first sector bond ETFs and leveraged TIPS spread funds.  Seven of the nine came from BlackRock’s iShares brand.  The 2/16/12 launches included bond sectors, high quality corporates, mortgage-backed securities, and even an aggregate Treasury fund.   ProShares introduced a +3x/-3x pair of 10-year TIPS spread ETFs on 2/9/12. 1) iShares Financials Sector Bond Fund (MONY) has 65 holdings, an expense ratio of 0.30%, and tracks investment-grade corporate bonds in the Finance sector (MONY overview).  The underlying index presently has 1,053 holdings, a 3.8% yield to maturity, and an effective duration of 5.4 years. 2) iShares Industrials Sector Bond Fund (ENGN) has 71 holdings at an expense ratio of 0.30%.  . . . → Read More: 9 New Bond ETFs in February