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‘Enhanced’ Bond ETF Debuts: (SDAG)

TedTed
in The Bullpen
FYI: esterday, IndexIQ launched a short-duration fixed-income ETF that invests primarily in other ETFs. The IndexIQ Short Duration Enhanced Core Bond U.S. ETF (SDAG) tracks an index that uses momentum factors to overweight and underweight different sectors of the short-duration U.S.-dollar-denominated fixed-income market with the aim of outperforming a market value-weighted universe.

SDAG comes with an expense ratio of 0.36% and lists on the NYSE Arca.
Regards,
Ted
https://www.etf.com/sections/daily-etf-watch/enhanced-bond-etf-debuts
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