BNDD vs. TYD ETF Comparison

Comparison of Quadratic Deflation ETF (BNDD) to Direxion Daily 10-Yr Treasury Bull 3x Shrs (TYD)

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

TYD

Direxion Daily 10-Yr Treasury Bull 3x Shrs

TYD Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the NYSE 7-10 Year Treasury Bond Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in U.S. government securities that comprise the NYSE 7-10 Year Treasury Bond Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a multi-security index that includes all qualified U.S. Treasury bonds. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.31

Average Daily Volume

82,608

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BNDD	TYD
30 Days	-1.97%	-7.28%
60 Days	-6.46%	-16.04%
90 Days	-6.27%	-11.04%
12 Months	-0.23%	-0.12%

0 Overlapping Holdings

	Symbol	Grade	Weight in BNDD	Weight in TYD	Overlap

BNDD Overweight 1 Positions Relative to TYD

	Symbol	Grade	Weight
	VGLT	D	79.45%

BNDD Underweight 1 Positions Relative to TYD

	Symbol	Grade	Weight
	IEF	F	-57.59%

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

TYD: Top Represented Industries & Keywords

Industries:

Keywords: Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market ETF Exchange Traded Fund Government Bonds U.S. Government U.S. Treasury