GSY ETF

For investors seeking momentum, Invesco Ultra Short Duration ETF GSY is probably on the radar. The fund just hit a 52-week high and is up 1.1% from its 52-week low price of $49.61/share.

For investors seeking momentum, Invesco Ultra Short Duration ETF GSY is probably on radar. The fund just hit a 52-week high and is up 1.23% from its 52-week low price of $49.29/share.

Invesco Ultra Short Duration ETF and similar low-duration ETFs are attractive in the current market. GSY has effective durations below 1 year and offers a yield-to-maturity of over 6%, meaning a decent yield on cash while we wait out uncertain data. GSY has no duration risk and is a good choice for investors expecting continued rises in interest rates, which should be the null hypothesis especially as tight data continues.

For investors seeking momentum, Invesco Ultra Short Duration ETF GSY is probably on the radar. The fund just hit a 52-week high and is up 1.2% from its 52-week low price of $49.23/share.

The Invesco Ultra Short Duration ETF is a fixed income exchange traded fund. The vehicle contains only investment grade bonds and has a short duration of 0.78 years. GSY has managed to post a positive annual performance each year in the past decade.