Tech rebound shakes up investment strategies for big players.
TL;DR Summary
JPMorgan's popular income ETF, JNK, is being outperformed by its own sister fund, JIGB, which invests in investment-grade corporate bonds. JNK has seen underperformance due to competition from other high-yield bond ETFs and concerns over the creditworthiness of some of its holdings. Meanwhile, JIGB has benefited from investors seeking safer investments amid market volatility.
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