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ETFs

Quadratic Deflation ETF

BNDD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 21 2021
Expense Ratio
1.04%
Type
US Bonds
Fund Owner
Krane Shares
Volume (1m avg. daily)
$650,707
AUM
$47,212,279
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

VGLT
Vanguard Group, Inc. - Vanguard Long-Term Treasury ETF
74.04%
n/a
Cash
14.97%
n/a
USDCMS 2-30 07/15/25 5
5.44%
n/a
USD CMS 2-30 09/24/24 000
2.61%
n/a
USDCMS 2-30 05/07/24 -65
1.57%
n/a
USDCMS 2-30 03/12/25 -30
1.37%
Invest with BNDD

What is BNDD?

The BNDD ETF is an ESG fixed income ETF that seeks to benefit from lower growth, deflation, lower or negative long-term interest rates, and/or a reduction in the spread between shorter and longer term interest rates by investing in US Treasuries and options.

ETFs related toBNDD

ETFs correlated to BNDD include ZROZ, EDV, TMF

BNDD
KraneShares Trust - Quadratic Deflation ETF
ZROZ
Pimco Exchange Traded Fund - PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund
EDV
Vanguard Group, Inc. - Vanguard Extended Duration Treasury ETF
TMF
Direxion Shares ETF Trust - Direxion Daily 20+ Year Treasury Bull 3X Shares
UBT
ProShares Trust - ProShares Ultra 20+ Year Treasury 2x Shares
TLT
BlackRock Institutional Trust Company N.A. - iShares 20+ Year Treasury Bond ETF
SCHQ
Schwab Strategic Trust - Schwab US Long-Term U.S. Treasury ETF
VGLT
Vanguard Group, Inc. - Vanguard Long-Term Treasury ETF
SPTL
SSgA Active Trust - SPDR Portfolio Long Term Treasury ETF
TLTW
iShares Trust - iShares 20+ Year Treasury Bond BuyWrite Strategy ETF
BLV
Vanguard Group, Inc. - Vanguard Long-Term Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toBNDD

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with BNDD using Composer

FAQ

BNDD is a US Bonds ETF. The BNDD ETF is an ESG fixed income ETF that seeks to benefit from lower growth, deflation, lower or negative long-term interest rates, and/or a reduction in the spread between shorter and longer term interest rates by investing in US Treasuries and options.

Yes, BNDD is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, BNDD is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on BNDD is -0.0532%. This is the percent change in the value of BNDD over the most recent 1-month period. The 3-month return on BNDD is -0.0868%. This is the percent change in the value of BNDD over the most recent 3-month period.

The standard deviation of BNDD for the past year is 0.3093%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to BNDD include SHY, BIL, and IEI.

ETFs correlated to BNDD include ZROZ, EDV, and TMF.

ETFs that are inversely correlated to BNDD include TBT, TMV, and TBF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.