Max Chen notes in his “Year in Review: 15 Notable ETFs of 2018” at ETFTrends.com that, in the late stages of an economic cycle and with interest rate normalization coming to an end, the death of the three-decade bull market in bonds is near. The Barclay’s U.S. Aggregated Bond Index trades with a longer duration and an ever-greater exposure to U.S. government debt. Equity markets too are predicted to move sideways this upcoming year, with more volatility than we’re used to.
Chen notes 15 ETFs that take a more tactical, actively managed approach to income and potentially greater returns, including Pimco’s Low Duration Active ETF (LDUR), Cambria’s Tail Risk ETF (TAIL), and the suite of Davis Advisors’ actively managed funds. Investors are also seeking out value and quality exposure in the markets, with large inflows to funds like the Vanguard Value ETF (VTV), iShares MSCI Min Vol USA ETF (USMV), and the Vanguard Dividend Appreciation ETF (VIG). Consider these 15 ETFs holiday gifts for the wary investor going into 2019.