FYI: For once, investors are opting for a more expensive fund.
The second-largest high-yield bond ETF, the $9.84 billion SPDR Bloomberg Barclays High Yield Bond ETF (JNK), has led in outflows this week, shedding $359 million in net investor assets.
Curiously, the largest high-yield bond ETF, the $17.2 billion iShares iBoxx USD High Yield Corporate Bond ETF (HYG), has gained $379 million over the same period.
Regards,
Ted
https://www.etf.com/sections/features-and-news/etf-week-fees-not-always-key