BNDD vs. BNDW ETF Comparison

Comparison of Quadratic Deflation ETF (BNDD) to Vanguard Total World Bond ETF (BNDW)

BNDD

Quadratic Deflation ETF

BNDD Description

Quadratic Deflation ETF is an exchange traded fund launched and managed by Krane Funds Advisors, LLC. The fund is co-managed by Quadratic Capital Management LLC. It invests directly, through derivatives and through other funds in the fixed income markets of the United States. The fund primarily invests in a mix of U.S. Treasury securities and option strategies tied to the shape of the U.S. interest rate swap curve. It seeks to invest in securities of any maturity. The fund invests in securities of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. Quadratic Deflation ETF was formed on September 21, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$14.64

Average Daily Volume

29,597

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BNDW

Vanguard Total World Bond ETF

BNDW Description

The investment seeks to track the performance of the Bloomberg Barclays Global Aggregate Float Adjusted Composite Index that measures the investment return of investment-grade U.S. bonds and investment-grade non-U.S. dollar-denominated bonds. The advisor intends to obtain its exposure to the bonds held in the index by investing all, or substantially all, of its assets in two Vanguard bond index ETFs (underlying funds), rather than in individual securities held in the index. The index is designed to track the market capitalized weights of the global investment-grade bond market.

Grade (RS Rating)

Last Trade

$67.24

Average Daily Volume

57,605

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BNDD	BNDW
30 Days	-2.01%	-1.58%
60 Days	-1.29%	-0.62%
90 Days	1.78%	-1.21%
12 Months	-4.08%	1.32%

0 Overlapping Holdings

	Symbol	Grade	Weight in BNDD	Weight in BNDW	Overlap

BNDD Overweight 1 Positions Relative to BNDW

	Symbol	Grade	Weight
	VGLT	D	73.09%

BNDD Underweight 2 Positions Relative to BNDW

	Symbol	Grade	Weight
	BND	C	-51.28%
	BNDX	B	-48.69%

BNDD: Top Represented Industries & Keywords

Industries:

Keywords: Barclays U.S. Long Government Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Indices Corporate Bond ETF Exchange Traded Fund Fixed Income Government Bond Inflation U.S. Government U.S. Treasury

BNDW: Top Represented Industries & Keywords

Industries:

Keywords: Bond ETF Exchange Traded Fund Bloomberg Barclays Us Aggregate Bond Index Bond Market Bond Market Indices Fixed Income Sovereign Wealth Funds