IVOLQuadratic Interest Rate Volatility and Inflation Hedge ETF
IVOL Fund Description
IVOL is an actively managed portfolio of TIPS and long options tied to the U.S. interest rate swap curve.
IVOL Factset Analytics Insight
IVOL actively attempts to protect against inflation and to hedge yield curve shifts and interest rate volatility using TIPS (or TIPS-based ETFs) and long options. IVOL’s over-the-counter options on the U.S. interest rate swap curve are described in its prospectus as responding to changes in the steepness of the yield curve, and to the volatility of interest rates. The cost of the options will decrease IVOL’s returns relative to TIPS in a steady interest rate environment but may prove their worth in a volatile one.
IVOL MSCI ESG Analytics Insight
Quadratic Interest Rate Volatility and Inflation Hedge ETF has an MSCI ESG Fund Rating of A based on a score of 6.10 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Quadratic Interest Rate Volatility and Inflation Hedge ETF ranks in the 42nd percentile within its peer group and in the 21st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
IVOL Summary Data
IVOL Portfolio Data
IVOL Index Data
IVOL Portfolio Management
IVOL Tax Exposures
IVOL Fund Structure
IVOL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IVOL. IVOL is rated a 4 out of 5.