Corp bond ETF

boglehead

Hello,

I am looking for the european equivalent of the US Vanguard ETf 'VCLT', which has a 4.2% yield to maturity... This ETF doesnt seem to be available to buy over here. Given the fact that it is composed of BAA and A rated bonds, this yield is quite appealing.

Thanks for your help on this

boglehead

Not sure whether anybody has any thoughts on the above?
Thanks

grey_gym_sock

do you want a european ETF holding US (investment grade) corporate bonds, or holding european (investment grade) corporate bonds?

either way, the ones i've noticed don't have such high YTM, because they hold most maturities of bonds, not just the longer ones.

e.g. ishares $ corporate bond ETF (LQDE) has YTM of 3.0% (the ETF is not hedged to sterling; it's listed on LSE, but seems to only be traded in $, so beware hidden forex charges)

or for sterling corporate bonds, ishares core £ corporate bond ETF has YTM of 2.9%

(and there's not much point looking at ETFs holding euro corporate bonds, as interest rates are much lower in euros.)