BNDDQuadratic Deflation ETF

Diversifier5y track recordRanked #213 of 281 in this goal

Seeks to benefit from lower growth, deflation, and lower or negative long-term interest rates.

By KraneShares · Launched 2021

Annual Cost

1.02%

#5,438 of 6,040 · expensive

Fund Size

$18M

#4,629 of 6,040 · small

Return (1Y)

+1.2%

Track Record

5 years

#2,423 of 6,040 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,233+2.3%

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

Active selection

Holdings

By weight

Concentration

Top 3 holdings = 81.9% of fundconcentrated

Vanguard Long Term Treasury ETF

78.7%

USD CMS 2-30 04/21/2027 60 FLOOR E

1.7%

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

1.5%

Asset allocation

Bonds

82.0%

Cash

18.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

10.0%Low

Year-on-year price swings

Max drawdown

-30.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)

-0.53Below average

Sortino (3Y)

-0.72Moderate downside risk

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to benefit from lower growth, deflation, and lower or negative long-term interest rates.
Strategy: Actively managed fund investing primarily in U.S. Treasury securities and option strategies to hedge against deflation risk. The options are structured to limit potential losses and are expected to appreciate as the U.S. interest rate curve flattens or inverts.
Inception date: September 16, 2021
Fund family: KraneShares