Momentum is one of the most widely followed investment factors, but when it comes to the application of this factor in universe of exchange-traded funds, it is most often applied to equity-based products. IndexIQ, an ETF issuer with a reputation for unique offerings, is changing that.
On Tuesday, IndexIQ introduced two new fixed income ETFs rooted in momentum strategies, the IQ Enhanced Core Bond U.S. ETF (IndexIQ ETF Trust (NYSE: AGGE)) and IQ Enhanced Core Plus Bond U.S. ETF (IndexIQ ETF Trust (NYSE: AGGP)).
AGGE
The IQ Enhanced Core Bond U.S. ETF follows the IQ Enhanced Core Bond U.S. Index and the new ETF is an ETF of ETFs, as its holdings are other bond funds. For ...
/www.benzinga.com/trading-ideas/long-ideas/16/05/7963598/new-etfs-bring-momentum-to-fixed-income alt=New ETFs Bring Momentum To Fixed Income>Full story available on Benzinga.com
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