It’s the end of the year. That means now’s the time many index providers rebalance or reconfigure equity and fixed income gauges. The same holds true for issuers of ETFs that use in-house indexes. For the most part, index alterations aren’t earth-shattering news. But there are times when these change can be impactful. Take the case of the WisdomTree U.S. High Yield Corporate Bond Fund (QHY). It follows the WisdomTree U.S. High Yield Corporate Bond Index. That gauge was recently altered to better reflect the current state of the junk bond market.
Todd Shriber is a journalist who writes for Casino.org and Advisorpedia, with his work also appearing in Exchange Traded Funds and Nasdaq. His articles cover a wide range of topics, including stock market analysis, sports betting, real estate, and financial advice for advisors.