Be Humble About Strategic-Beta Bond ETFs
Back-tested results may look strong, but there are reasons to be skeptical about this new breed of fixed-income ETFs, says Morningstar's Phillip Yoo.
Christine Benz: Hi, I'm Christine Benz for Morningstar.com. Strategic beta ETFs have proliferated in the equity space, but they have tended to be less prominent among fixed-income ETFs. Joining me to discuss that topic is Phillip Yoo. He is an analyst with Morningstar.
Phillip, thank you so much for being here.