This ETF offers exposure to debt issued by Asian governments and corporations, making ALD a potentially useful tool for investors looking to add some international holdings to the fixed income portion of their portfolios. Most ETFs in the Total Bond Market ETFdb Category (such as AGG and BND) consist entirely of debt from U.S. issuers. Diversifying bond exposure beyond U.S. borders has the potential to add both diversification and return enhancement benefits, making a fund such as ALD a potentially valuable addition to a long-term, buy-and-hold portfolio. This fund can also be used in connection with more tactical, shorter-term strategies. ALD includes debt from about a dozen different countries, including both developed and emerging Asian economies (Japanese debt is excluded). That means that exposure is diversified across a number of different currencies and issuers (the portfolio includes both sovereign and corporate bonds). ALD will generally offer yields that exceed debt of U.S. issuers, making it attractive for those looking to beef up current returns and willing to take on some additional risk. It should be noted that investors in this fund are exposed to risks associated with exchange rate movements; a strengthening dollar may hurt the value of ALD. Investors seeking exposure only to emerging markets issuers may want to consider ELD, while those looking for exposure to bonds from primarily developed markets outside the U.S. may consider those in the International Government Bonds ETFdb Category (or PICB for international corporate debt).
The adjacent table gives investors an individual Realtime Rating for ALD on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the International Government Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
|Cash And Equivalents||13.77%|
|Agency Mortgage Backed||0.0%|
|Commercial Mortgage Backed||0.0%|
|Non Agency Residential Mortgage Backed||0.0%|
|US Municipal Tax Advantaged||0.0%|
|0% to 1%||0.0%|
|1% to 2%||6.23%|
|2% to 3%||17.72%|
|3% to 4%||20.39%|
|4% to 5%||17.55%|
|5% to 6%||6.25%|
|6% to 7%||5.97%|
|7% to 8%||2.15%|
|8% to 9%||3.9%|
|9% to 10%||0.0%|
|Greater Than 10%||2.29%|
|Less Than 1 Year||1.02%|
This ETF is currently available for commission free trading on the following platforms: (E*TRADE)
There are 5 other ETFs in the International Government Bonds ETFdb Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of ALD relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
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