Fixed-income ETFs ranked by Q4 2016 performance

JAN 22, 2017

By InvestmentNews Research

Ranked by quarterly returns

	Name/ticker	3-month return	1-year return	Net assets ($M)	Expense ratio*	3-month average daily volume
1	PowerShares Japan Currency Hdg Low Volatility Port (FXJP)	10.83%	-0.04%	$1.3	0.25%	392
2	PowerShares DB US Dollar Index Bullish Fund (UUP)	7.13%	3.04%	$845.9	0.75%	1,823,271
3	WisdomTree Bloomberg US Dollar Bullish Fund (USDU)	7.05%	2.57%	$205.1	0.50%	87,247
4	JPMorgan Diversified Rtn Intl Currency Hedged ET (JPIH)	6.64%	N/A	$28.8	0.49%	4,743
5	Sit Rising Rate ETF (RISE)	4.96%	-2.19%	$10.7	1.50%	3,355
6	ProShares High Yield-Interest Rate Hedged (HYHG)	4.81%	14.61%	$100.6	0.50%	8,638
7	Peritus High Yield ETF (HYLD)	4.58%	17.20%	$199.0	1.28%	5,240
8	Deutsche X-trackers Hi Yield Corp Bd - IR Hdg ETF (HYIH)	4.28%	13.82%	$9.3	0.35%	2,899
9	VanEck Vectors Treasury-Hedged High Yield Bond ETF (THHY)	4.13%	13.20%	$4.7	0.50%	1,436
10	ProShares Inflation Expectations ETF (RINF)	3.99%	2.99%	$46.1	0.30%	22,807
11	iShares Interest Rate Hedged 10+Year Credit Bd ETF (CLYH)	3.94%	6.98%	$8.6	0.30%	3,670
12	iShares Interest Rate Hedged High Yield Bond ETF (HYGH)	3.37%	12.93%	$205.9	0.55%	31,213
13	ProShares Investment Grade-Interest Rate Hdg ETF (IGHG)	3.13%	7.26%	$158.7	0.30%	24,099
14	WisdomTree Brazilian Real Strategy Fund (BZF)	2.65%	35.28%	$24.2	0.45%	21,516
15	WisdomTree BofA Merrill Lynch HY Bd Zero Duration (HYZD)	2.53%	14.16%	$16.6	0.43%	7,671
16	PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS)	2.37%	14.54%	$2,263.3	0.55%	101,156
17	iShares Interest Rate Hedged Corproate Bond ETF (LQDH)	2.30%	5.21%	$42.2	0.25%	7,662
18	Deutsche X-trackers Invest Grade Bd - IR Hdg ETF (IGIH)	2.29%	5.86%	$4.8	0.25%	1,192
19	SPDR Bbg Barclays Short Term High Yield Bond ETF (SJNK)	2.17%	14.27%	$3,722.7	0.40%	1,654,395
20	iShares Currency Hdg International High Yld Bd ETF (HHYX)	2.16%	10.82%	$1.3	0.43%	963
21	PowerShares Global Short Term High Yield Bond Ptf (PGHY)	2.08%	12.48%	$94.7	0.35%	42,640
22	iShares Fallen Angels USD Bond ETF (FALN)	2.01%	N/A	$10.6	0.35%	1,226
23	VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL)	1.79%	25.32%	$504.2	0.35%	279,643
24	AdvisorShares Pacific Asset Enh Floating Rate ETF (FLRT)	1.78%	9.03%	$27.5	1.12%	1,034
25	iShares 0-5 Year High Yield Corporate Bond ETF (SHYG)	1.76%	12.31%	$1,622.1	0.20%	363,126
26	Guggenheim BulletShares 2022 High Yld Corp Bd ETF (BSJM)	1.76%	15.91%	$92.3	0.43%	54,591
27	PowerShares Senior Loan Portfolio (BKLN)	1.74%	8.91%	$7,906.2	0.65%	786,370
28	Guggenheim BulletShares 2020 High Yld Corp Bd ETF (BSJK)	1.71%	12.96%	$283.5	0.43%	118,517
29	SPDR Blackstone/GSO Senior Loan ETF (SRLN)	1.71%	6.85%	$1,093.2	0.70%	168,524
30	Highland/iBoxx Senior Loan ETF (SNLN)	1.68%	8.48%	$479.5	0.55%	372,329
31	SPDR Bloomberg Barclays High Yield Bond ETF (JNK)	1.62%	14.75%	$11,985.8	0.40%	11,860,422
32	Guggenheim BulletShares 2021 High Yld Corp Bd ETF (BSJL)	1.40%	13.77%	$88.8	0.43%	28,536
33	JPMorgan Disciplined High Yield ETF (JPHY)	1.27%	N/A	$25.2	0.40%	11,898
34	iShares iBoxx $ High Yield Corporate Bond ETF (HYG)	1.26%	13.92%	$18,890.4	0.50%	12,501,316
35	WisdomTree Western Asset Unconstrained Bond Fund (UBND)	1.22%	8.87%	$5.0	0.55%	305
36	RiverFront Dynamic Unconstrained Income ETF (RFUN)	1.18%	N/A	$5.2	0.51%	4,055
37	Guggenheim BulletShares 2019 High Yld Corp Bd ETF (BSJJ)	1.18%	11.10%	$503.3	0.43%	168,858
38	First Trust Senior Loan Fund (FTSL)	1.08%	7.08%	$815.8	0.85%	158,885
39	WisdomTree Fundamental US High Yield Corporate Bd (WFHY)	0.98%	N/A	$5.2	0.38%	233
40	iShares Interest Rate Hedged Emerging Mkts Bd ETF (EMBH)	0.96%	9.37%	$3.8	0.50%	2,844

Largest inflows

	Name/ticker	3-month estimated net flows ($M)	3-month return	1-year return	Net assets ($M)	Expense ratio*
1	iShares TIPS Bond ETF (TIP)	$2,952.87	-2.44%	4.56%	$21,347.8	0.20%
2	PowerShares Senior Loan Portfolio (BKLN)	$2,067.16	1.74%	8.91%	$7,906.2	0.65%
3	iShares iBoxx $ High Yield Corporate Bond ETF (HYG)	$1,908.68	1.26%	13.92%	$18,890.4	0.50%
4	iShares Core US Aggregate Bond ETF (AGG)	$1,521.95	-3.00%	2.56%	$41,554.4	0.05%
5	Vanguard Short-Term Corporate Bond Idx Fd;ETF (VCSH)	$1,351.56	-0.92%	2.63%	$15,775.5	0.10%
6	Vanguard Short-Term Bond Index Fund;ETF (BSV)	$972.93	-1.12%	1.41%	$19,575.2	0.09%
7	Vanguard Intermediate-Term Bond Index Fund;ETF (BIV)	$796.99	-4.16%	2.86%	$11,239.9	0.09%
8	iShares Floating Rate Bond ETF (FLOT)	$780.99	0.37%	1.54%	$4,002.2	0.20%
9	iShares National Muni Bond ETF (MUB)	$766.18	-3.46%	0.06%	$8,158.8	0.25%
10	PIMCO Enhanced Short Maturity Active Exch Tr (MINT)	$646.08	0.38%	2.00%	$5,619.3	0.36%
11	Vanguard Total International Bond Index Fund;ETF (BNDX)	$618.86	-2.05%	4.65%	$6,068.9	0.15%
12	Vanguard Total Bond Market Index Fund;ETF (BND)	$576.58	-3.22%	2.57%	$31,442.8	0.06%
13	Vanguard Intermediate-Term Corp Bond Idx Fund;ETF (VCIT)	$528.51	-3.39%	5.30%	$10,304.8	0.10%
14	iShares 0-5 Year High Yield Corporate Bond ETF (SHYG)	$482.20	1.76%	12.31%	$1,622.1	0.20%
15	Vanguard Sht-Term Inflation-Protected Sec Idx;ETF (VTIP)	$475.63	-0.23%	2.69%	$2,915.1	0.08%
16	iShares MBS ETF (MBB)	$446.12	-2.14%	1.28%	$9,226.2	0.29%
17	iShares US Treasury Bond ETF (GOVT)	$435.25	-3.89%	0.92%	$2,813.5	0.15%
18	iShares Short Treasury Bond ETF (SHV)	$419.16	0.07%	0.43%	$3,981.3	0.15%
19	Schwab US TIPS ETF (SCHP)	$395.70	-2.43%	4.60%	$1,615.0	0.07%
20	SPDR Bbg Barclays Short Term High Yield Bond ETF (SJNK)	$363.01	2.17%	14.27%	$3,722.7	0.40%

Largest outflows

	Name/ticker	3-month estimated net flows ($M)	3-month return	1-year return	Net assets ($M)	Expense ratio*
1	iShares iBoxx $ Inv Grade Corporate Bond ETF (LQD)	-$4,562.18	-3.74%	5.97%	$27,041.1	0.15%
2	iShares 20+ Year Treasury Bond ETF (TLT)	-$1,157.12	-12.15%	1.36%	$5,245.6	0.15%
3	iShares JPMorgan USD Emerging Markets Bond ETF (EMB)	-$930.84	-4.50%	9.41%	$7,931.1	0.40%
4	iShares 7-10 Year Treasury Bond ETF (IEF)	-$796.90	-5.61%	1.00%	$7,552.9	0.15%
5	VanEck Vectors High-Yield Municipal Index ETF (HYD)	-$511.25	-6.77%	0.41%	$1,686.7	0.35%
6	SPDR Bbg Barclays Short Term Corporate Bond ETF (SCPB)	-$431.87	-0.23%	2.11%	$3,510.7	0.12%
7	SPDR Bloomberg Barclays High Yield Bond ETF (JNK)	-$403.75	1.62%	14.75%	$11,985.8	0.40%
8	iShares 3-7 Year Treasury Bond ETF (IEI)	-$388.14	-2.72%	1.22%	$5,856.4	0.15%
9	iShares Intermediate Credit Bond ETF (CIU)	-$327.07	-1.94%	3.37%	$6,645.2	0.20%
10	PowerShares Preferred Portfolio (PGX)	-$281.00	-4.43%	1.19%	$4,208.5	0.50%
11	PIMCO Total Return Active Exchange-Traded Fund (BOND)	-$279.01	-2.15%	3.12%	$2,197.0	0.56%
12	iShares 10-20 Year Treasury Bond ETF (TLH)	-$204.96	-7.35%	0.91%	$492.7	0.15%
13	iShares US Preferred Stock ETF (PFF)	-$192.61	-3.82%	1.26%	$16,577.0	0.47%
14	SPDR Bloomberg Barclays Long Term Treasury ETF (TLO)	-$156.05	-11.70%	1.22%	$338.8	0.10%
15	iShares 10+ Year Credit Bond ETF (CLY)	-$148.58	-5.43%	9.92%	$868.8	0.20%
16	iShares Emerging Markets Local Currency Bond ETF (LEMB)	-$139.27	-6.44%	7.01%	$291.5	0.50%
17	iShares CMBS ETF (CMBS)	-$112.83	-3.02%	3.04%	$216.5	0.25%
18	iShares International High Yield Bond ETF (HYXU)	-$106.43	-4.08%	4.35%	$68.6	0.40%
19	iShares 1-3 Year Credit Bond ETF (CSJ)	-$98.69	-0.37%	1.77%	$11,110.9	0.20%
20	iShares iBonds Mar 2018 Term Crp ex-Financials ETF (IBCC)	-$97.42	0.08%	1.71%	$87.3	0.10%

New launches: Ranked by average daily volume during the fourth quarter of 2016

	Name/ticker	Classification	3-month average daily volume	Expense ratio*
1	Franklin Liberty Investment Grade Corporate ETF (FLCO)	Corporate Debt Funds BBB-Rated	84,845	0.40%
2	Virtus Newfleet Dynamic Credit ETF (BLHY)	Alternative Credit Focus Funds	15,974	0.68%
3	Janus Short Duration Income ETF (VNLA)	Short Investment Grade Debt Funds	12,011	0.35%
4	Premise Capital Frontier Advantage Dvsfd Tct ETF (TCTL)	General Bond Funds	9,851	1.06%
5	Deutsche X-trackers USD High Yld Corporate Bd ETF (HYLB)	High Yield Funds	9,831	0.25%
6	iShares Core 5-10 Year USD Bond ETF (IMTB)	Core Bond Funds	2,999	0.08%
7	FlexShares Core Select Bond Fund (BNDC)	General Bond Funds	618	0.35%
8	Deutsche X-trackers Barclays Inter Treas BH ETF (IGVT)	International Income Funds	213	0.25%
9	Deutsche X-trackers Barclays Inter Corp BH ETF (IFIX)	International Income Funds	177	0.30%

One-year anniversary: Ranked by average daily volume during the fourth quarter of 2016

	Name/ticker	3-month average daily volume	3-month return	1-year return	Net assets ($M)	Expense ratio*
1	iShares International Aggregate Bond ETF (IAGG)	58,773	-2.07%	4.98%	$237.9	0.11%
2	Guggenheim BulletShares 2023 High Yld Corp Bd ETF (BSJN)	23,700	0.89%	12.60%	$26.4	0.43%
3	Guggenheim BulletShares 2025 Corporate Bond ETF (BSCP)	20,696	-3.88%	5.30%	$51.1	0.24%
4	PowerShares Japan Currency Hdg Low Volatility Port (FXJP)	392	10.83%	-0.04%	$1.3	0.25%
5	PowerShares Dev EuroPacific Curr Hdg Low Vol Port (FXEP)	313	-2.04%	2.82%	$1.3	0.25%

Source: Lipper, a Thomson Reuters company; As of December 31. Excludes leveraged and inverse funds, and exchange traded notes. *Most recently reported net prospectus expense ratio.

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