Equity Overview
Price & Market Data
Price: $23.11
Daily Change: $0.00 / 0.00%
Range: $0 - $0
Market Cap: $0
Volume: 0
Performance Metrics
1 Week: -2.03%
1 Month: -2.18%
3 Months: -7.21%
6 Months: 2.15%
1 Year: -9.70%
YTD: -6.10%
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.