IVOL

Fund Description
IVOL is a first-of-its-kind active fixed income ETF designed to hedge and benefit investors during periods of fixed income volatility and increasing inflation expectations. It is also structured to profit from a steepening yield curve, whether that occurs via rising long-term or falling short-term interest rates. The Fund s strategy may also serve to hedge against the risks of corrections in equity and real estate markets as the prices of equities and properties tend to fall during times of increased fixed income volatility and/or a steepening of the yield curve.
Fund Profile
Fund Name Quadratic Interest Rate Volatility and Inflation ETF
Fund Exchange Ticker IVOL
Fund Sponsor Krane Shares
Fund ISIN US5007677363
Net Expense Ratio 1.05 %
Fund Inception Date 13 May 2019
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Inflation protected
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 Inflation protected
Credit Quality Investment Grade Only
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 23 November 2022
Asset Under Management 1077.30 Million (USD)
1 Month Total Return -0.27 %
Year To Date Return -15.98 %
1 Year Total Return -16.42 %
3 Year Annualized Total Return -1.58 %
NAV 22.585
Share Outstanding 47,700,000
Top 10 Holdings (25 November 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
SCHWAB U.S. TIPS ETF SCHP ETF 0.8470000000
USD CMS 2-10 11/13/24 30 BOND 0.0366000000
USD CMS 2-10 06/19/24 48 BOND 0.0353000000
Cash CASH 0.0287000000
USD CMS 2-10 09/17/25 08 BOND 0.0177000000
USD CMS 2-10 03/13/25 27 BOND 0.0157000000
USD CMS 2-10 11/28/23 000 BOND 0.0101000000
USD CMS 2-10 10/03/23 45 BOND 0.0038000000
USD CMS 2-10 04/19/23 -25 BOND 0.0036000000
USD CMS 2-10 07/12/23 95 BOND 0.0014000000