Global X has launched three new fixed income ETFs providing exposure to specific segments of the US Treasury yield curve through a “Laddered” maturity approach.
Bond laddering helps to diversify interest rate risk across the targeted maturity segment.
The Global X Short-Term Treasury Ladder ETF (SLDR US), Global X Intermediate-Term Treasury Ladder ETF (MLDR US), and Global X Long-Term Treasury Ladder ETF (LLDR US) have been listed on NYSE Arca, each with an expense ratio of 0.12%.
The funds track indices developed by FTSE Russell, composed of U.S. Treasury securities with specified maturity ranges—1-3 years for the short-term index, 3-10 years for the intermediate index, and 10-30 years for the long-term index.
The laddering strategy within each index involves constructing portfolios with bonds maturing at staggered intervals, often referred to as “rungs,” within these maturity ranges, with each rung…
