VIDEO: ETF of the Week: VCHY

On this episode of the “ETF of the Week” podcast, VettaFi’s Head of Research, Todd Rosenbluth, discussed the Vanguard US High-Yield Corporate BD Index ETF (VCHY) with Chuck Jaffe of Money Life. The pair discussed several topics related to the ETF, in order to give investors a deeper understanding of it. Chuck Jaffe: One fund, on point for today. The expert to talk about it. Welcome to the ETF of the Week! Yes, it's the ETF of the Week, where we get the latest take from Todd Rosenbluth, the head of research at VettaFi. And at VettaFi.com, you’ll find all the tools you need to be a savvier, smarter ETF investor, and to get more details on the new, newsworthy, trending, and timely ETFs that we talk about here. Todd Rosenbluth, it's great to chat with you again. Todd Rosenbluth: It's great to be back, Chuck. Chuck Jaffe: Your ETF of the Week is...? Todd Rosenbluth: The Vanguard US High-Yield Corporate Bond Index ETF, VCHY. Chuck Jaffe: The Vanguard US High-Yield Corporate Bond Index ETF! VCHY. Well, this fund, Todd, I think hits every one of those bases that we talked about: new — absolutely; newsworthy — I think so; trending and timely — yeah, I think it's got that, too! So, is one or more of those the reason why it's the ETF of the Week? Todd Rosenbluth: So, we saw at VettaFi that money went back into high-yield bond ETFs in the month of June. The category saw net outflows for the first five months of the year; in June, it recovered. VCHY is not necessarily one of those funds that was the beneficiary, because this fund only launched in June. So, Vanguard has been launching actively managed ETFs — that's been where they've been building out their lineup. So, it caught my eye when Vanguard offered this fund as a new product. High-yield has been an area where they have not had a product lineup slot filled in, and so that's...