Fixed Income ETF: Lehman Aggreg. vs GS $ InvestTop Corp Bond
Posted: Sat Oct 04, 2003 10:38 am
I'm wondering which is better on the US Corporate Bond investing via low cost ETFs.
InvesTop is 0.05% cheaper but Lehman Aggregate is the main US fixed income index used. The InvesTop investing mostly in the lower end rated Corp Bonds with a weighted average maturity of 10.5 years, the Lehman index has 34% in US Govt Treasury with an average maturity of 6.7 years. Then there are the main Lehman US Treasury investment choices from short to long dated from 1-3 years upwards.
If you were considering a mix of US Treasury and Corporate Bonds and were restricted to ETFs in the US market, which would be more attractive and why? What thinking and methodology would you apply to your mix of bonds?
Also, could someone please clarify what Securitized CMBS, ABS and MBS Fixed Rate Bonds are?
iShares GS $ InvesTop Corporate Bond Factsheet
http://www.ishares.com/material_downloa ... et/lqd.pdf
iShares Lehman Aggregate Corporate Bond Factsheet
http://www.ishares.com/material_downloa ... et/agg.pdf
iShares Lehman 1-3 Year Treasury Bond Factsheet
http://www.ishares.com/material_downloa ... et/shy.pdf
iShares Insights Newsletter featuring Lehman Aggregate info
http://www.ishares.com/material_downloa ... s_q203.pdf
Thanks,
Petey
InvesTop is 0.05% cheaper but Lehman Aggregate is the main US fixed income index used. The InvesTop investing mostly in the lower end rated Corp Bonds with a weighted average maturity of 10.5 years, the Lehman index has 34% in US Govt Treasury with an average maturity of 6.7 years. Then there are the main Lehman US Treasury investment choices from short to long dated from 1-3 years upwards.
If you were considering a mix of US Treasury and Corporate Bonds and were restricted to ETFs in the US market, which would be more attractive and why? What thinking and methodology would you apply to your mix of bonds?
Also, could someone please clarify what Securitized CMBS, ABS and MBS Fixed Rate Bonds are?
iShares GS $ InvesTop Corporate Bond Factsheet
http://www.ishares.com/material_downloa ... et/lqd.pdf
iShares Lehman Aggregate Corporate Bond Factsheet
http://www.ishares.com/material_downloa ... et/agg.pdf
iShares Lehman 1-3 Year Treasury Bond Factsheet
http://www.ishares.com/material_downloa ... et/shy.pdf
iShares Insights Newsletter featuring Lehman Aggregate info
http://www.ishares.com/material_downloa ... s_q203.pdf
Thanks,
Petey