SPDR Bloomberg International Corporate Bond ETF

IBND tracks a market-value-weighted index of investment grade corporate bonds from outside the United States.

IBND, managed by SSGA Funds, invests in global ex-US investment-grade corporate bonds, tracking the Bloomberg Global Aggregate ex-USD >$1B: Corporate Bond Index. The SPDR Bloomberg International Corporate Bond ETF earns a Strong Sell rating due to its short duration, low yield, and poor investment results. Alternatives like FDIC-insured CDs and iShares iBonds ETFs offer higher yields and lower risks, making them preferable over IBND for fixed income allocation.

IBND: I'd Rather Own A CD Than This International Bond ETF

iShares iBoxx $ Investment Grade Corporate Bond ETF

Invesco International Corporate Bond ETF

SPDR Portfolio Intermediate Term Corporate Bond ETF

Vanguard Intermediate-Term Corporate Bond ETF

Global corporate bonds and related exchange traded funds have taken a beating this year, and things aren't turning for the better any time soon. Year-to-date, the iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEArca: LQD) has fallen 8.2%, the Vanguard Intermediate-Term Corporate Bond ETF (NYSEArca: VCIT) has dropped 6.9%, and the SPDR Portfolio Intermediate Term Corporate Bond ETF [.

Global Corporate Bond ETFs Are Taking a Beating

SPDR Bloomberg International Treasury Bond ETF

SPDR Bloomberg Short Term International Treasury Bond ETF

SPDR Bloomberg Emerging Markets Local Bond ETF

6 Meridian Quality Growth ETF

Plus, some interesting ETFs launched last week, and some expense ratios saw a range of adjustments.

ETF Odds & Ends: Multiple Funds Change Names

Vanguard Total International Bond ETF

First Trust Managed Municipal ETF

iShares Core International Aggregate Bond ETF

iShares International Treasury Bond ETF

PIMCO 15+ Year US TIPS ETF

PIMCO 25+ Year Zero Coupon US Treasury Index ETF

As global central banks embark on a rate cut journey, global bond yields took a hit, benefiting these bond ETFs.

News for SPDR Bloomberg International Corporate Bond ETF ETF (IBND)