IVOL vs. FISR ETF Comparison

Comparison of Quadratic Interest Rate Volatility and Inflation Hedge ETF (IVOL) to SPDR SSGA Fixed Income Sector Rotation ETF (FISR)

IVOL

Quadratic Interest Rate Volatility and Inflation Hedge ETF

IVOL Description

The investment seeks to hedge the risk of increased fixed income volatility and rising inflation and to profit from rising long-term interest rates or falling short-term interest rates, often referred to as a steepening of the U.S. interest rate curve, while providing inflation-protected income. The fund is actively managed and seeks to achieve its investment objective primarily by investing, directly or indirectly, in a mix of U.S. Treasury Inflation-Protected Securities ("TIPS") and long options tied to the shape of the U.S. interest rate curve. It is non-diversified.

Grade (RS Rating)

Last Trade

$18.56

Average Daily Volume

331,420

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FISR

SPDR SSGA Fixed Income Sector Rotation ETF

FISR Description

The investment seeks to provide total return by focusing on investments in income and yield-generating assets. The fund is a "fund of funds," meaning that it primarily invests its assets in securities of other exchange-traded funds ("ETFs"). Under normal circumstances, it invests at least 80% of its net assets (plus the amount of borrowings for investments purposes) directly, or indirectly through the underlying ETFs, in fixed income securities. The fund or ETFs in which it invests may use derivative instruments to gain or hedge exposure to certain securities as an alternative to investing directly in such securities.

Grade (RS Rating)

Last Trade

$24.99

Average Daily Volume

98,238

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IVOL	FISR
30 Days	-3.04%	-1.85%
60 Days	-4.30%	-1.30%
90 Days	-8.73%	-1.87%
12 Months	-19.05%	-2.23%

0 Overlapping Holdings

	Symbol	Grade	Weight in IVOL	Weight in FISR	Overlap

IVOL Overweight 1 Positions Relative to FISR

	Symbol	Grade	Weight
	SCHP	D	79.42%

IVOL Underweight 2 Positions Relative to FISR

	Symbol	Grade	Weight
	BIL	A	-10.52%
	BWX	F	-4.55%

IVOL: Top Represented Industries & Keywords

Industries:

Keywords: Bond Bond Market Indices ETF Exchange Traded Fund Fixed Income Fixed Income Analysis Inflation Merrill Lynch U.S. Treasury Yield

FISR: Top Represented Industries & Keywords

Industries:

Keywords: Index Fund Bond Market Indices U.S. Treasury