IVOL vs. KMLM ETF Comparison
Comparison of Quadratic Interest Rate Volatility and Inflation Hedge ETF (IVOL) to KFA Mount Lucas Index Strategy ETF (KMLM)
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
$19.41
Average Daily Volume
381,809
1
KMLM
KFA Mount Lucas Index Strategy ETF
KMLM Description
The investment seeks to provide a total return that, before fees and expenses, exceeds that of the KFA MLM Index over a complete market cycle. The fund seeks to achieve its goal by investing under normal circumstances in commodity, currency, and global fixed income futures contracts traded on U.S. and foreign exchanges that are the same as or similar to those included in the index and debt instruments. The index is a modified version of the MLM Index, which is an index constructed of a portfolio of commodity, currency, and global fixed income futures contracts traded on U.S. and foreign exchanges using a trend following methodology. It is non-diversified.Grade (RS Rating)
Last Trade
$29.42
Average Daily Volume
84,702
1
Performance
Period | IVOL | KMLM |
---|---|---|
30 Days | 0.50% | 0.17% |
60 Days | 3.19% | -0.98% |
90 Days | 5.81% | 0.89% |
12 Months | -2.99% | -9.84% |
0 Overlapping Holdings
Symbol | Grade | Weight in IVOL | Weight in KMLM | Overlap |
---|
IVOL Overweight 1 Positions Relative to KMLM
Symbol | Grade | Weight | |
---|---|---|---|
SCHP | A | 80.0% |
IVOL Underweight 1 Positions Relative to KMLM
Symbol | Grade | Weight | |
---|---|---|---|
SCHO | A | -51.37% |
IVOL: Top Represented Industries & Keywords
KMLM: Top Represented Industries & Keywords