Fund Description
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.
Fund Profile
Fund Name The Quadratic Deflation ETF
Fund Exchange Ticker BNDD
Fund Sponsor Krane Shares
Fund ISIN US5007675870
Net Expense Ratio 0.99 %
Fund Inception Date 21 September 2021
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Treasury & Government
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Treasury & Government
Credit Quality Investment Grade Only
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 22 September 2022
Asset Under Management 73.00 Million (USD)
1 Month Total Return -1.15 %
Year To Date Return -15.49 %
1 Year Total Return -7.15 %
3 Year Annualized Total Return
NAV 21.7913
Share Outstanding 3,350,000
Top 10 Holdings (23 September 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
Cash CASH 0.1349000000
USDCMS 2-30 03/12/25 -30 BOND 0.0570000000
USD CMS 2-30 05/07/24 1 BOND 0.0345000000