Global X Interest Rate Hedge ETF (RATE)
| Assets | $3.19M |
| Expense Ratio | 0.45% |
| PE Ratio | n/a |
| Shares Out | 130,000 |
| Dividend (ttm) | $4.23 |
| Dividend Yield | 16.99% |
| Ex-Dividend Date | Feb 3, 2023 |
| Payout Ratio | n/a |
| 1-Year Return | +10.92% |
| Volume | 183 |
| Open | 24.95 |
| Previous Close | 24.54 |
| Day's Range | 24.82 - 24.95 |
| 52-Week Low | 23.23 |
| 52-Week High | 35.97 |
| Beta | -2.97 |
| Holdings | 12 |
| Inception Date | Jul 5, 2022 |
About RATE
The Global X Interest Rate Hedge ETF (RATE) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is an actively managed fund, using over-the-counter swaptions, which seeks to provide a hedge against sharp increases in long-term US interest rates. The fund is also expected to benefit during periods of market stress when interest rate volatility rises. RATE was launched on Jul 5, 2022 and is managed by Global X.
Top 10 Holdings
92.54% of assets| Name | Symbol | Weight |
|---|---|---|
| B 03/28/23 | B 0 03.28.23 | 12.51% |
| B 03/30/23 | B 0 03.30.23 | 12.51% |
| B 04/25/23 | B 0 04.25.23 | 12.47% |
| B 06/13/23 | B 0 06.13.23 | 12.40% |
| B 05/30/23 | B 0 05.30.23 | 9.31% |
| B 06/27/23 | B 0 06.27.23 | 9.28% |
| B 05/09/23 | B 0 05.09.23 | 7.78% |
| B 04/04/23 | B 0 04.04.23 | 6.25% |
| SWAPTION 09/18/23 3.45 P | n/a | 6.04% |
| CASH | n/a | 3.99% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 3, 2023 | $0.0675 | Feb 13, 2023 |
| Dec 29, 2022 | $3.99398 | Jan 9, 2023 |
| Dec 5, 2022 | $0.060 | Dec 13, 2022 |
| Nov 3, 2022 | $0.0483 | Nov 10, 2022 |
| Oct 5, 2022 | $0.0241 | Oct 13, 2022 |
| Sep 6, 2022 | $0.0228 | Sep 14, 2022 |
News
This ETF Eliminates the Guessing Game With Fed Rate Increases
Bets on whether the U.S. Federal Reserve will continue to raise interest rates or not in 2023 are coming in as a challenging 2022 comes to a close. Investors don't have to play the guessing game with ...
Interest rate ETF ‘behaves like you're shorting treasury' markets: Expert
ETF Think Tank Director of Research Cinthia Murphy joins Yahoo Finance Live anchors Seana Smith and Dave Briggs to discuss ETF performance in 2022 and why there's strong demand for small-cap ETFs.
Global X Changes Ticker Symbol for Interest Rate Hedge ETF to RATE
Global X has changed the ticker symbol for its Global X Interest Rate Hedge ETF (NYSE Arca: IRHG) from IRHG to RATE. The fund still trades on the New York Stock Exchange.
3 ETFs for Pushing Back Against Rate Hikes
Another 75 basis point rate hike can cause undue stress for fixed income investors looking to mitigate rate risk. Thematic exchange traded fund (ETF) provider Global X has three options to help allevi...
5 ETF Winners On Stocks' Worst Day Since 2020
Stocks witnessed the worst day since 2020 on Sep 13 as hot CPI data stoked rising rate worries and caused a crash in the market, as quoted on Yahoo Finance.
Fight Interest Rate Hike With This New ETF
Global X recently launched a new ETF Global X Interest Rate Hedge ETF (IRHG).
Beat Rate Hike & Inflation Fear With This New ETF (IRHG) (revised)
Global X recently launched a new ETF to fight the ongoing interest rate hike and inflation worries.
Minimize the Impact of Rising Rates With This ETF
The latest Federal Reserve minutes revealed that more rate hikes could be on the way to tamp down inflation, stressing the need for more interest rate hedging strategies.