A Tiny Bond ETF Could Be Signalling the Start of a Big New Investing Theme
Interest rate hedged ETFs are the new currency hedged ETFs.
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A little-known, thinly-traded bond exchange-traded fund saw its assets soar on Friday in what could be indicative of the next big theme in ETFs.
The iShares Interest Rate Hedged High Yield Bond ETF (HYGH) attracted nearly $35 million in inflows on Friday, its largest day on record, in what looked to be a small number of large block trades.