Factor-based investing strategies have taken the ETF world by storm, with hundreds launched in the equities market. But the best smart beta plays may be in fixed income.
BlackRock Inc.’s planned iShares Consumer Asset-Backed Securities ETF will invest in notes supported by consumer loans, such as student debt and credit cards.
The WisdomTree Barclays Yield Enhanced U.S. Short-Term Aggregate Bond Fund -- SHAG for short -- will invest in investment-grade debt that has a short maturity.