BNDD vs. IVOL ETF Comparison

Comparison of Quadratic Deflation ETF (BNDD) to Quadratic Interest Rate Volatility and Inflation Hedge ETF (IVOL)

BNDD

Quadratic Deflation ETF

BNDD Description

Quadratic Deflation ETF is an exchange traded fund launched and managed by Krane Funds Advisors, LLC. The fund is co-managed by Quadratic Capital Management LLC. It invests directly, through derivatives and through other funds in the fixed income markets of the United States. The fund primarily invests in a mix of U.S. Treasury securities and option strategies tied to the shape of the U.S. interest rate swap curve. It seeks to invest in securities of any maturity. The fund invests in securities of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. Quadratic Deflation ETF was formed on September 21, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$14.41

Average Daily Volume

7,718

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IVOL

Quadratic Interest Rate Volatility and Inflation Hedge ETF

IVOL Description

The investment seeks to hedge the risk of increased fixed income volatility and rising inflation and to profit from rising long-term interest rates or falling short-term interest rates, often referred to as a steepening of the U.S. interest rate curve, while providing inflation-protected income. The fund is actively managed and seeks to achieve its investment objective primarily by investing, directly or indirectly, in a mix of U.S. Treasury Inflation-Protected Securities ("TIPS") and long options tied to the shape of the U.S. interest rate curve. It is non-diversified.

Grade (RS Rating)

Last Trade

$19.32

Average Daily Volume

391,174

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BNDD	IVOL
30 Days	-0.25%	0.30%
60 Days	-1.74%	0.24%
90 Days	-0.81%	4.81%
12 Months	6.44%	-4.35%

0 Overlapping Holdings

	Symbol	Grade	Weight in BNDD	Weight in IVOL	Overlap

BNDD Overweight 1 Positions Relative to IVOL

	Symbol	Grade	Weight
	VGLT	C	81.88%

BNDD Underweight 1 Positions Relative to IVOL

	Symbol	Grade	Weight
	SCHP	A	-80.0%

BNDD: Top Represented Industries & Keywords

Industries:

Keywords: Barclays U.S. Long Government Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Indices Corporate Bond ETF Exchange Traded Fund Fixed Income Government Bond Inflation U.S. Government U.S. Treasury

IVOL: Top Represented Industries & Keywords

Industries:

Keywords: Bond Bond Market Indices ETF Exchange Traded Fund Fixed Income Fixed Income Analysis Inflation Merrill Lynch U.S. Treasury Yield