BNDDQuadratic Deflation ETF

Diversifier4y track recordRanked #214 of 240 in this goal

Seeks to benefit from lower growth, deflation, and lower long-term interest rates by investing in U.S. Treasuries and options.

By KraneShares · Launched 2021

Annual Cost

1.02%

#5,031 of 5,573 · expensive

Fund Size

$6M

#4,953 of 5,573 · small

Return (1Y)Goal

+4.7%

Track Record

4 years

#2,472 of 5,573 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,503+5.0%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Multi strategy

What it actually holds

By weight

Concentration

Top 4 holdings = 84.2% of fundconcentrated

Vanguard Long Term Treasury ETF

81.4%

USD CMS 2-30 08/12/2026 90 FLOOR E

1.4%

USD CMS 2-30 10/14/2026 80 FLOOR E

1.2%

USD CMS 2-30 04/22/2026 62 FLOOR E

0.2%

Asset allocation

Bonds

82.3%

Cash

17.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

10.5%Moderate

Year-on-year price swings

Max drawdown

-30.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)

-0.48Below average

Sortino (3Y)

-0.66Moderate downside risk

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to benefit from lower growth, deflation, and lower long-term interest rates by investing in U.S. Treasuries and options.
Strategy: Actively managed, the Fund invests primarily in U.S. Treasury securities and options tied to the U.S. interest rate swap curve. It aims to hedge against deflation risk and generate returns during periods of curve flattening or inversion.
Inception date: September 16, 2021
Fund family: KraneShares