The Intermediate Core Plus category, defined by Morningstar in the context of multi-asset portfolio allocation, identifies bond funds which, in search for yield and total returns, include a higher percentage of more risky investments
Check the Fixed Income themes for a range of maturities - from Ultra Short to Long Bonds
Compared to investment-grade funds with very small exposure to higher yielding assets, Core-Plus funds, driven by search for yield, credit or interest-rate strategies, feature higher correlation with U.S equities and potentially larger negative returns in a global market downturn
Rank the fund selection by performance or by volatility for the selected time period
For recently listed ETFs, limited price data sets will not allow reliable performance / volatility arbitrage
Over time, fund price momentum signals trends of the last 5 days against a 20-day average
For comparison, select various time frames in the top right menu box, from 2 weeks to a full year (performance of some very recently listed ETFs may not be significant for lack of price data)