Geopolitical risks, high oil prices, and inflation continue to impact global stock markets. In this scenario, investors seeking steady income can consider adding bond exchange-traded funds (ETFs) to their portfolios. Bond ETFs offer the benefits of diversification at low cost and are easy to access and trade.Meet Samuel – Your Personal Investing ProphetStart a conversation with TipRanks’ trusted, data-backed investment intelligence

Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds

Here, we will look at three bond ETFs offering more than 6% yields: Xtrackers Short Duration High Yield Bond ETF (SHYL), SPDR Bloomberg High Yield Bond ETF (JNK), and iShares Broad USD High Yield Corporate Bond ETF (USHY).

TipRanks’ ETF Comparison Tool gives a snapshot of these three ETFs across key metrics.

Xtrackers Short Duration High Yield Bond ETF (SHYL)