BNDD vs. KMLM ETF Comparison

Comparison of Quadratic Deflation ETF (BNDD) to KFA Mount Lucas Index Strategy ETF (KMLM)

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

$13.77

Average Daily Volume

18,103

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KMLM

KFA Mount Lucas Index Strategy ETF

KMLM Description

The investment seeks to provide a total return that, before fees and expenses, exceeds that of the KFA MLM Index over a complete market cycle. The fund seeks to achieve its goal by investing under normal circumstances in commodity, currency, and global fixed income futures contracts traded on U.S. and foreign exchanges that are the same as or similar to those included in the index and debt instruments. The index is a modified version of the MLM Index, which is an index constructed of a portfolio of commodity, currency, and global fixed income futures contracts traded on U.S. and foreign exchanges using a trend following methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$28.10

Average Daily Volume

94,988

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BNDD	KMLM
30 Days	-1.97%	0.32%
60 Days	-6.46%	-6.11%
90 Days	-6.27%	-4.06%
12 Months	-0.23%	-8.74%

0 Overlapping Holdings

	Symbol	Grade	Weight in BNDD	Weight in KMLM	Overlap

BNDD Overweight 1 Positions Relative to KMLM

	Symbol	Grade	Weight
	VGLT	D	79.45%

BNDD Underweight 1 Positions Relative to KMLM

	Symbol	Grade	Weight
	SCHO	C	-51.37%

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

KMLM: Top Represented Industries & Keywords

Industries:

Keywords: Bear Market ETF Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Indices ETF Exchange Traded Fund Fixed Income Inverse ETF U.S. Treasury United States Treasury Security Yield