Global X Interest Rate Hedge ETF (RATE)

NYSEARCA: RATE · IEX Real-Time Price · USD
19.58
0.00 (0.00%)
Jul 19, 2024, 4:00 PM EDT - Market closed
Assets $1.92M
Expense Ratio 0.50%
PE Ratio n/a
Shares Out 100,000
Dividend (ttm) $6.10
Dividend Yield 31.13%
Ex-Dividend Date Jul 3, 2024
Payout Ratio n/a
1-Year Return -18.68%
Volume 510
Open 19.27
Previous Close 19.58
Day's Range 19.27 - 19.58
52-Week Low 17.80
52-Week High 31.88
Beta -0.69
Holdings 13
Inception Date Jul 5, 2022

About RATE

Fund Home Page

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 issued by Global X.

Asset Class Alternatives
Category Nontraditional Bond
Region North America
Stock Exchange NYSEARCA
Ticker Symbol RATE
ETF Provider Global X

Top 10 Holdings

96.27% of assets
Name Symbol Weight
B 07/05/23 B 0 07.05.23 16.23%
B 07/13/23 B 0 07.13.23 16.21%
B 08/08/23 B 0 08.08.23 12.92%
B 08/15/23 B 0 08.15.23 12.91%
B 07/20/23 B 0 07.20.23 9.72%
B 08/22/23 n/a 8.06%
SWAPTION 10/30/23 3.40 P n/a 5.37%
SWAPTION 09/18/23 3.45 P n/a 5.18%
B 08/01/23 WIB 0 08.01.23 4.85%
B 09/07/23 B 0 09.07.23 4.82%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Jul 3, 2024 $0.020 Jul 11, 2024
Jun 5, 2024 $0.020 Jun 12, 2024
May 3, 2024 $0.020 May 13, 2024
Apr 3, 2024 $0.020 Apr 11, 2024
Mar 5, 2024 $0.020 Mar 13, 2024
Feb 5, 2024 $0.020 Feb 13, 2024
Full Dividend History

News

Dollar Recovers, Fed Rate Hike Bets And Treasury Yields Rise As New York Manufacturing Activity Sharply Improves in April - Invesco DB USD Index Bullish Fund ETF (ARCA:UUP)

The U.S. dollar and Treasury bond yields are rebounding aggressively on Monday (April 17), as investors fear that a lack of recessionary threats will force the Federal Reserve to keep monetary conditi...

1 year ago - Benzinga

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.

1 year ago - Yahoo Finance