TLTW vs. BNDD ETF Comparison

Comparison of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) to Quadratic Deflation ETF (BNDD)

TLTW

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

TLTW Description

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in fixed income markets of the United States. The fund invests through derivatives in U.S. dollar denominated fixed rate U.S. treasury securities with remaining maturity of greater than or equal to twenty years. It employs long/short strategy and uses derivatives such as options to create its portfolio. The fund seeks to track the performance of the Cboe TLT 2% OTM BuyWrite Index, by using representative sampling technique. IShares 20+ Year Treasury Bond BuyWrite Strategy ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$24.66

Average Daily Volume

826,231

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

Performance

Period	TLTW	BNDD
30 Days	-3.08%	-1.97%
60 Days	-8.72%	-6.46%
90 Days	-5.62%	-6.27%
12 Months	-1.57%	-0.23%

0 Overlapping Holdings

	Symbol	Grade	Weight in TLTW	Weight in BNDD	Overlap

TLTW Overweight 1 Positions Relative to BNDD

	Symbol	Grade	Weight
	TLT	F	99.08%

TLTW Underweight 1 Positions Relative to BNDD

	Symbol	Grade	Weight
	VGLT	D	-79.45%

TLTW: 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

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