track their benchmarks, but that Investment Grade corporate bond ETFs underperform their benchmarks and High Yield corporate … bond ETFs even severely underperform their benchmarks. We provide evidence that the transaction costs of the underlying …

We study the persistence of bond ETF premiums and discounts. Following a day of high or low premiums or discounts over …

This paper investigates whether ETF returns lead the returns of underlying bonds and similar style bond funds. Bond … predicted, we find that ETF returns predict its own NAV returns and aggregated ETF returns for each bond also predict the … underlying bond returns on a monthly basis. We show that bond liquidity is the determining factor of the predictability and the …

Growing acceptance of passive bond exchange traded funds (ETFs) and actively managed bond mutual funds has exposed the … analysis of actively managed bond funds and passive bond ETFs in the context of multiple criteria. The research of risk …-adjusted performance of a sampled group of bond funds and ETFs using the TOPSIS multi-criteria decision-making method revealed that …

This paper studies the dynamic information flows between stock and corporate bond markets. Using accurately measured … returns on corporate bond exchange-traded funds (ETFs), we find that returns on a portfolio of stocks of firms issuing the … bonds in the ETFs positively predict corporate bond ETF returns, but not vice versa. The return predictability is stronger …