Global X Interest Rate Hedge ETF (RATE)

NYSEARCA: RATE · IEX Real-Time Price · USD
+0.37 (1.52%)
Mar 20, 2023, 4:00 PM EDT - Market closed
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.

Asset Class Alternativess
Category Nontraditional Bond
Region North America
Stock Exchange NYSEARCA
Ticker Symbol RATE
Issuer 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%
View More Holdings


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
Full Dividend History


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 ...

3 months ago - ETF Trends

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.

3 months ago - Yahoo Finance

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.

4 months ago - ETF Trends

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...

Other symbols: DIVSDIV
6 months ago - ETF Trends

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.

6 months ago - Zacks Investment Research

Fight Interest Rate Hike With This New ETF

Global X recently launched a new ETF Global X Interest Rate Hedge ETF (IRHG).

8 months ago - Zacks Investment Research

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.

8 months ago - Zacks Investment Research

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.

8 months ago - ETF Trends