Substitute HYG for LQD in SACEVS?
October 18, 2024 - Strategic Allocation
The Simple Asset Class ETF Value Strategy (SACEVS) includes an allocation to iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) when the credit premium, measured monthly based on the difference between the Moody’s Seasoned Baa Corporate Bonds yield and the T-note yield, is undervalued. Arguably, iShares iBoxx $ High Yield Corporate Bond ETF (HYG) is… Keep Reading