Equity Overview
Price & Market Data
Price: $24.46
Daily Change: -$0.226 / 0.92%
Range: $24.46 - $24.68
Market Cap: $0
Volume: 0
Performance Metrics
1 Week: -1.16%
1 Month: -9.24%
3 Months: -6.15%
6 Months: -17.56%
1 Year: -18.39%
YTD: -9.63%
Details
The fund is an actively managed exchange-traded fund (“ETF”) whose portfolio is constructed with the aim of delivering positive returns, before any fees and expenses, when the 2-year interest rate (the “2-Year Rate”) rises. It is expected to experience losses when the 2-Year Rate falls. The 2-Year Rate is a broad measure of the cost of borrowing cash overnight collateralized by treasury securities compounded over a period of two years. The fund is non-diversified.