Quadratic Interest Rate Volatility and Inflation Hedge ETF

IVOL

Market cap $375M

Overview Fund Activity

19.64 USD

-0.02

0.1%

At close Updated Sep 12, 4:00 PM EDT

Pre-market

After hours

19.64

0.00

0%

1 day

-0.1%

5 days

-1.46%

1 month

0.41%

3 months

2.83%

6 months

6.62%

Year to date

10.77%

1 year

1.13%

5 years

-28.56%

10 years

-21.47%

0

Funds holding %

of 7,462 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

10% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 21

2% less call options, than puts

Call options by funds: $497K | Put options by funds: $505K

20% less funds holding

Funds holding: 87 [Q1] → 70 (-17) [Q2]

33.21% less ownership

Funds ownership: 63.56% [Q1] → 30.35% (-33.21%) [Q2]

54% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 28

64% less capital invested

Capital invested by funds: $298M [Q1] → $107M (-$191M) [Q2]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]

See Fund Rankings

Financial journalist opinion

The Stagflation ETF Up 3% This Year

The Quadratic Interest Rate Volatility and Inflation Hedge ETF (IVOL) historically outperforms during periods of fixed income stress. It's a strong contender when inflation and interest rate volatility threatens, provides mitigation for a stagflation environment, and offers strong performance year to date.

The Stagflation ETF Up 3% This Year

Zacks Investment Research

Fed Pause Amid Stagflation Risks? Smart ETF Moves to Follow

Fed chair Powell acknowledged chances of higher inflation and slower growth amid Trump tariffs.

Fed Pause Amid Stagflation Risks? Smart ETF Moves to Follow

IVOL: Abandoning Ship (Rating Downgrade)

IVOL's underperformance stems from high volatility swaptions, despite correct market views on 2s10s normalization. The ETF's composition remains unchanged, with significant exposure to SCHP and swaptions on the 2s10s spread. High ROC utilization in IVOL leads to lower NAV, making SCHP a better standalone investment.

IVOL: Abandoning Ship (Rating Downgrade)

IVOL: Massive Upside From Yield Curve Steepening

IVOL offers retail exposure to advanced interest rate derivatives typically only available to institutional traders, providing a way to bet on the steepening yield curve and macro dynamics. IVOL's holdings include TIPS and options on constant maturity swaps. We deconstruct these holdings and go through the implications. Performance is tied to the steepening yield curve, inflation expectations, and macroeconomic factors, making it a pure play macro bet.

IVOL: Massive Upside From Yield Curve Steepening

Highlights From the Q3 Fixed Income Symposium

Thought leaders and portfolio managers across the industry weighed in on the direction of fixed income investments during the Q3 Fixed Income Symposium hosted by VettaFi.

Highlights From the Q3 Fixed Income Symposium

IVOL: Weighing The Value Drivers Leads To A Rating Downgrade

The Quadratic Interest Rate Volatility and Inflation Hedge ETF holds a portfolio of TIPS bonds and curve steepeners. With the Fed likely on hold until inflation declines, I believe the yield curve may stay inverted and act as a headwind for IVOL. Until macro conditions change, the IVOL is unlikely to outperform.

Zacks Investment Research

Is 1970s Stagflation Knocking at the Door? ETFs to Play

During a recent appearance at the Economic Club of New York, JPMorgan Chase JPM CEO Jamie Dimon expressed concerns that the U.S. economy could witness challenges similar to those of the 1970s. He indicated the likely resurgence of stagflation — a condition characterized by low growth combined with high inflation — which could complicate inflationary risks currently being faced by the U.S. economy, as quoted on a Yahoo Finance article.

IVOL: This Inflation Hedge Is About To Break Out

The Quadratic Interest Rate Volatility and Inflation Hedge ETF is breaking out to the upside amid falling real yields and a steepening yield curve. IVOL should benefit from the ongoing deterioration in government finances, which should drive real yields lower across the board and a normalisation of the yield curve. The main risk comes from the ETF underperforming its stated objectives.

See News Rankings

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