BlackRock IncBlackRock's iBonds ETFs are mentioned as a competing product in the target maturity bond ETF space.
Invesco introduced its latest suite of BulletShares Treasury bond ETFs, expanding its fixed-income lineup with defined maturity funds that use a laddering strategy. These ETFs hold bonds maturing in specific calendar years, reinvesting proceeds into later-dated bonds as they mature, providing a cushion against default risk and offering visibility in a diversified portfolio. The popularity of such products is growing amid rising interest rates, falling bond prices, and macroeconomic uncertainty, with Vanguard launching its own BondBuilder funds earlier this year. Other major players include State Street with active target maturity ETFs since 2024, WisdomTree with its Core Laddered Municipal Fund introduced last year, and BlackRock with iBonds ETFs allowing ladder customization up to 10 years. Jason Bloom, Invesco's head of fixed income ETF strategy, noted that bond ladders help mitigate the impact of defaults in low-yielding portfolios and provide a hedge during periods of rolling recessions.
BlackRock IncBlackRock's iBonds ETFs are mentioned as a competing product in the target maturity bond ETF space.
State Street CorpState Street is mentioned as having active target maturity ETFs since 2024, a competing product.
WisdomTree Inc.WisdomTree's Core Laddered Municipal Fund is mentioned as a competing product.
Invesco PlcInvesco launched new BulletShares Treasury bond ETFs, expanding its fixed-income lineup and capitalizing on growing popularity of laddering strategies.
Vanguard's BondBuilder funds are mentioned as a competing product launched earlier this year.