ETF Bond Type: Junk
ETFs, or exchange-traded funds, are a type of investment vehicle that allows investors to trade a basket of securities on an exchange. ETFs typically track an index, such as the S&P 500, but they can also be used to invest in specific sectors or asset classes. Junk Bond ETFs are ETFs that invest in junk bonds, which are bonds with a rating of BB or below by Standard & Poor's. Junk bonds are considered to be high-risk investments, as they are more likely to default than other types of bonds. However, they also offer higher yields than other bonds, which can make them attractive to investors looking for income. Junk Bond ETFs can be a good way to gain exposure to this asset class without having to purchase individual bonds.