Equity Overview
Price & Market Data
Price: $23.64
Daily Change: -$0.114 / 0.48%
Daily Range: $23.64 - $23.75
Market Cap: $0
Daily Volume: 857
Performance Metrics
1 Week: -0.42%
1 Month: 2.00%
3 Months: 2.32%
6 Months: -5.13%
1 Year: -2.91%
YTD: -4.00%
Details
The fund is an actively managed ETF whose portfolio is constructed with the aim of delivering positive returns, before any fees and expenses, when the 10-year interest rate rises. The fund is expected to experience losses when the 10-Year Rate falls. To achieve its investment objective of hedging against increases in the 10-Year Rate, the fund invests in various derivatives (including futures, options, interest rate swaps, and swaptions). It is non-diversified.