Recent turbulence in equities made its way to the corporate bond space. Last week, spreads on the Morningstar Corporate Bond Index, an investment-grade corporate bond gauge, and the BofA Merrill Lynch High Yield Master Index, shot higher. While traditional investment-grade and junk bond funds were hit hard amid last week's equity market sell-off, some short-term corporate bond exchange traded funds are proving to be better options in the early stages of 2018. The iShares iBoxx $ Investment Grade Corporate Bond ETF LQD, the largest corporate bond ETF, has an effective duration of 8.4 years. “The greater the interest rate or credit risk an ETF takes on, the higher the expected return,” CFRA Research Director of ETF & Mutual Fund Research Todd Rosenbluth said in a Tuesday note. “LQD has an average duration of 8.4 years, which contributes negatively to our overall rating but is offset by a variety of other factors, including the investment-grade quality of its holdings.” SourceStochastics are oversold, the price may break out the falling wedge and form some upside. $LQD, iShares iBoxx $ Investment Grade Corporate Bond ETF / H4