NYSE ARCA | ETF
The investment seeks to track (before fees and expenses) the price and yield performance of its underlying index, the IQ Enhanced Core BondU. S.
Index.
The fund is a fund of funds which means it invests, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index.
The underlying index seeks to outperform theU. S. dollar-denominated taxable fixed income universe by using a combination of short- and long-term momentum to overweight and underweight various sectors of the investment gradeU. S. fixed income securities market.
Top 10 Holdings
Asset | Name | Sector | Industry | Weight |
---|---|---|---|---|
MBB | iShares MBS ETF | 28.50% | ||
VGSH | Vanguard Short-Term Treasury Index Fund ETF Shares | 17.68% | ||
SCHO | Schwab Short-Term U.S. Treasury ETF | 15.21% | ||
VMBS | Vanguard Mortgage-Backed Securities Index Fund ETF Shares | 14.92% | ||
VCLT | Vanguard Long-Term Corporate Bond Index Fund ETF Shares | 5.71% | ||
VCSH | Vanguard Short-Term Corporate Bond Index Fund ETF Shares | 5.47% | ||
VCIT | Vanguard Intermediate-Term Corporate Bond Index Fund ETF Shares | 4.71% | ||
USIG | iShares Broad USD Investment Grade Corporate Bond ETF | 3.54% | ||
SPIB | SPDR Barclays Intermediate Term Corporate Bond | 1.95% | ||
SPLB | SPDR Barclays Long Term Corporate Bond | 1.09% |