Key stats
About Quadratic Deflation ETF
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Inception date
Sep 20, 2021
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Krane Funds Advisors LLC
Distributor
SEI Investments Distribution Co.
BNDD, as opposed to its sibling fundIVOL, aims to protect against deflation or negative long-term interest rates. The actively managed portfolio consists of US treasuries (or treasury-based ETFs) and options strategies of any maturity including long options, long spreads, and butterflies. These over-the-counter options are expected to appreciate in value as the US interest rate curve flattens or inverts, however, investors should note that option premiums may incur additional cost in a steady interest rate environment.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Cash
Bonds, Cash & Other100.00%
ETF84.25%
Cash11.28%
Rights & Warrants4.47%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history