Reviewing Delta Factor For Select Bond ETFs

 |  Includes: BIV, BND, BSV, CSJ, HYG, IEF, JNK, TIP, TLT
by: Lowell Herr

A week to ten days ago I promised to run a "Delta Factor" analysis on the bond ETFs we use in a variety of portfolios. One Platinum member requested CSJ be included in the analysis and here it is in the following screen shot.

The reference ETF for this analysis is the AGG bond fund. While none of the bond ETFs look particularly promising, HYG, a corporate bond ETF, looks to be as strong as any on the list.

I hold HYG in a number of portfolios and it has performed quite well. I've observed that the dividend from HYG is more consistent than the dividend from TIP.

click to enlarge

Click to enlarge