Corporate Bond ETFs Aren’t Always Overweight Heavily Indebted Companies
November 16, 2018 at 10:57 AM EST
Like many equity-based exchange traded funds, traditional corporate bond ETFs use a cap-weighted methodology, but this does not mean that these funds are excessively allocated to heavily indebted companies. The SPDR Bloomberg Barclays Corporate Bond ETF (NYSEARca: CBND) targets the Bloomberg...