Global X Interest Rate Hedge ETF (RATE)
21.58
-0.55
(-2.47%)
USD |
NYSEARCA |
Apr 17, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.50% | -0.01% | 2.158M | 2061.40 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 4.50% | 65.12% | -921789.6 | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to provide a hedge against sharp increases in long-term U.S. interest rates and is expected to benefit during periods of market stress when interest rate volatility is elevated. The fund is an actively managed exchange traded fund that seeks to achieve its investment objective primarily by investing in (1) long put options position(s) on exchange traded funds that primarily invest in U.S. Treasuries and/or long put options position(s) on U.S. Treasury futures, and/or (2) long interest rate payer swap options (“swaptions”). The fund is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Nontraditional Bond |
| Category Index | ICE BofA USD 3M Dep OR CM TR USD |
| Global Category Name | Fixed Income Miscellaneous |
| YCharts Categorization | Global Fixed Income |
| YCharts Benchmark | Bloomberg Global Aggregate (^BBGATR) |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Global X Funds |
| Prospectus Benchmark Index | |
| ICE US Treasury 20+ Year TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Nam To | 1.74 yrs |
| Sandy Lu | 1.74 yrs |
| Vanessa Yang | 1.74 yrs |
| Wayne Xie | 1.74 yrs |
Performance Versus Category
As of April 17, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 17, 2024.
Basic Info
| Investment Strategy | |
| The investment seeks to provide a hedge against sharp increases in long-term U.S. interest rates and is expected to benefit during periods of market stress when interest rate volatility is elevated. The fund is an actively managed exchange traded fund that seeks to achieve its investment objective primarily by investing in (1) long put options position(s) on exchange traded funds that primarily invest in U.S. Treasuries and/or long put options position(s) on U.S. Treasury futures, and/or (2) long interest rate payer swap options (“swaptions”). The fund is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Nontraditional Bond |
| Category Index | ICE BofA USD 3M Dep OR CM TR USD |
| Global Category Name | Fixed Income Miscellaneous |
| YCharts Categorization | Global Fixed Income |
| YCharts Benchmark | Bloomberg Global Aggregate (^BBGATR) |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Global X Funds |
| Prospectus Benchmark Index | |
| ICE US Treasury 20+ Year TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Nam To | 1.74 yrs |
| Sandy Lu | 1.74 yrs |
| Vanessa Yang | 1.74 yrs |
| Wayne Xie | 1.74 yrs |