Quadratic Deflation ETF (BNDD)
- Expense ratio1.05%
- Net assets$11.4M
- Dividend yield3.71%
- 1-year return-0.74%
- Duration13.23 yrs
BNDD ETF price chart
BNDD quote & trading statistics
BNDD performance
Annual returns & drawdowns →- YTD+3.75%
- 1 year-0.74%
- 3 years+0.22%/yr
- 5 years-4.21%/yr
- 10 years0.00%/yr
- 1Y volatility
- 7.12%
- 3Y volatility
- 9.00%
- 3Y Sharpe ratio
- -0.67
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
BNDD bond portfolio
Rate scenarios & peers →- Yield to maturity
- 5.71%
- Effective duration
- 13.23 yrs
- Average maturity
- 22.4 yrs
- Average coupon
- 3.62%
A one-percentage-point rise in interest rates would lower the price by about 13.2%.
About Quadratic Deflation ETF
The fund invests in Treasuries of various maturities directly or through other exchange-traded funds that invest in Treasuries. The "option strategies" used by the fund are structured to limit the loss to the fund and include long options, long spreads and butterflies and are cash settled and tied to an index referencing the shape of the U.S. SOFR interest rate curve. The fund is non-diversified.
BNDD ETF FAQ
What is the BNDD expense ratio?
Quadratic Deflation ETF has a net expense ratio of 1.05%, or $105.00 a year for every $10,000 invested.
How much money is in BNDD?
Quadratic Deflation ETF has about $11.4M in net assets.
How has BNDD performed?
BNDD returned -0.74% over the past year and -4.21% a year over the past five years, including reinvested distributions.
Does BNDD pay dividends?
BNDD has a dividend yield of 3.71%.
When was BNDD launched?
Quadratic Deflation ETF began trading on September 16, 2021.