Key stats
About Quadratic Deflation ETF
Expense ratio
1.04%
Home page
Inception date
Sep 20, 2021
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
What's in the fund
Exposure type
ETF
Cash
Bonds, Cash & Other100.00%
ETF73.52%
Cash17.85%
Rights & Warrants8.63%