Fixed Income: U.S. - Broad Market, Broad-based Investment Grade Ultra-Short Term
With 6 ETFs and over $25.13B in combined AUM, the Fixed Income: U.S. - Broad Market, Broad-based Investment Grade Ultra-Short Term segment provides exposure to the U.S. space with a focus on Investment Grade securities.
Year-to-date, the best-performing ETF in the segment is the SPDR SSgA Ultra Short Term Bond ETF (ULST), with a total return of 0.35%. Meanwhile, the most popular ETF is the JPMorgan Ultra-Short Income ETF (JPST) with $17.42BB in assets under management.
Investors should take a look at the (). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. has an expense ratio of -- and tracks the .
ETF.com Efficiency Insight
The average efficiency score in the Fixed Income: U.S. - Broad Market, Broad-based Investment Grade Ultra-Short Term segment is 92 out of 100, with the BlackRock Ultra Short-Term Bond ETF(ICSH) obtaining the highest rating of 95 out of 100.
Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.15% per year, with the BlackRock Ultra Short-Term Bond ETF (ICSH) having the lowest expense ratio, charging investors 0.08% yearly.
Investors should look for funds with tight tracking, such as the Vanguard Ultra-Short Bond ETF (VUSB), with a 12-month median tracking difference of --.
ETF.com Tradability Insight
The average tradability score in the Fixed Income: U.S. - Broad Market, Broad-based Investment Grade Ultra-Short Term segment is 90 out of 100, with the JPMorgan Ultra-Short Income ETF(JPST) obtaining the highest rating of 100 out of 100.
The JPMorgan Ultra-Short Income ETF (JPST) is the undisputed segment leader when it comes to liquidity. The fund trades 109.01M in daily average volume. Investors should also find ample liquidity in the BlackRock Ultra Short-Term Bond ETF (ICSH), with $38.75M in daily dollar volume.
Use limit orders to trade funds such as the Goldman Sachs Access Ultra Short Bond ETF(GSST), due to their double-digit market spreads.
ETF.com Fit Insight
The has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.
Investors trying to match a broad market exposure should pay attention to . This fund obtains a high Fit score and investors should capture market-like returns.
Other funds diverge from the market, by nature of their investment mandates; for example, follows a strategy and obtains a low Fit score compared with our neutral benchmark.