Fixed Income: U.S. - Broad Market, Broad-based Short-Term

LDSF Top Performer Intra-day
Price $20.55
Today’s Change 0.12%
4:00pm 12/12/2019
BBSA Bottom Performer Intra-day
Price $25.44
Today’s Change -0.16%
4:00pm 12/12/2019

ETF.com Insight

With 7 ETFs and over $8.61B in combined AUM, the Fixed Income: U.S. - Broad Market, Broad-based Short-Term segment provides exposure to the U.S. space with a focus on securities.

Year-to-date, the best-performing ETF in the segment is the Natixis Loomis Sayles Short Duration Income ETF (LSST), with a total return of 5.32%. Meanwhile, the most popular ETF is the First Trust Enhanced Short Maturity ETF (FTSM) with $4.98BB in assets under management.

Investors should take a look at the iShares Core 1-5 Year USD Bond ETF (ISTB). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. ISTB tracks a broad USD-denominated bond index with 1-5 years remaining in maturities. Eligible sectors include US Treasury, global government-related bonds, MBS, US investment-grade and high-yield corporate bonds, CMBS and ABS. ISTB has an expense ratio of 0.06% and tracks the Bloomberg Barclays US Universal 1-5 Year Index.

ETF.com Efficiency Insight

The average efficiency score in the Fixed Income: U.S. - Broad Market, Broad-based Short-Term segment is 84 out of 100, with the iShares Core 1-5 Year USD Bond ETF(ISTB) obtaining the highest rating of 97 out of 100.

Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.34% per year, with the JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF (BBSA) having the lowest expense ratio, charging investors 0.05% yearly.

Investors should look for funds with tight tracking, such as the iShares Core 1-5 Year USD Bond ETF (ISTB), with a 12-month median tracking difference of -0.03%.

Tracking Difference (12 Month)

ETF.com Tradability Insight

The average tradability score in the Fixed Income: U.S. - Broad Market, Broad-based Short-Term segment is 69 out of 100, with the iShares Core 1-5 Year USD Bond ETF(ISTB) obtaining the highest rating of 100 out of 100.

The First Trust Enhanced Short Maturity ETF (FTSM) is the undisputed segment leader when it comes to liquidity. The fund trades 44.09M in daily average volume. Investors should also find ample liquidity in the iShares Core 1-5 Year USD Bond ETF (ISTB), with $23.39M in daily dollar volume.

Use limit orders to trade funds such as the First Trust Low Duration Strategic Focus ETF(LDSF), due to their double-digit market spreads.

ETF.com/ Block Liquidity

LDSF
5
4
3
2
1
SDAG
5
4
3
2
1
FTSM
5
4
3
2
1
ISTB
5
4
3
2
1
USTB
5
4
3
2
1
BBSA
5
4
3
2
1
LSST
5
4
3
2
1
This measurement shows how easy it is to trade 25,000 shares of each ETF.

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.

Index Methodology