Fund Details

Data as of 12/03/2024
TickerIVOL
Primary ExchangeNYSE
CUSIP500767736
ISINUS5007677363
Net Assets$497,381,608
Total Annual Fund Operating Expense 1.02%
Inception Date5/13/2019
Distribution FrequencyMonthly
Monthly Historical Distribution (Minimum)0.30%
IVOL has paid a steady monthly distribution of at least 30 bps for 4 years in a row. Some distributions include a partial return of capital. Past performance is no guarantee of future results.

Daily Performance

Data as of 12/03/2024
Premium Discount Chart
NAV
Net Asset Value$17.83 
Daily Change 0.34%
Price
Market Price $17.87 
Daily Change 0.51%
Curve Spread DV01
Data as of 12/04/2024
$0.0351
Curve Spread DV01 is the sensitivity of the fund’s OTC options to a 0.01% change in the steepness of the US interest rate curve.
30 Day Median Bid/Ask Spread
 
0.06%

The ETF’s 30 Day Median Bid-Ask Spread is calculated by identifying the ETF’s national best bid and national best offer ("NBBO") as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and that value is expressed as a percentage rounded to the nearest hundredth.

Performance History

Distributions
Cumulative %
Data as of: 11/30/2024
Fund NAV Closing Price Index
1 Month -2.11% -1.89% 0.48%
3 Month -6.48% -6.41% 0.16%
6 Month -1.38% -1.00% 3.56%
Since Inception -12.84% -12.55% 16.47%
Avg Annualized %
Data as of month end: 11/30/2024
Fund NAV Closing Price Index
1 Year -10.25% -10.04% 6.26%
3 Year -9.80% -9.63% -1.67%
5 Year -3.08% -3.12% 2.27%
Since Inception -2.44% -2.39% 2.78%
Avg Annualized %
Data as of quarter end: 09/30/2024
Fund NAV Closing Price Index
1 Year -3.08% -2.94% 9.79%
3 Year -8.25% -8.31% -0.57%
5 Year -1.76% -1.87% 2.62%
Since Inception -1.25% -1.26% 3.12%

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.

IVOL Key Metrics

Data as of 12/03/2024
30-day SEC Yield 3.09%
Unsubsidized 30-day SEC Yield 3.09%

30-day SEC Yield (Subsidized/Unsubsidized) is a standard yield calculation developed by the U.S. Securities and Exchange Commission (SEC) that allows for fairer comparisons of bond funds. It is based on the most recent 30-day period covered by the fund's filings with the SEC. It includes any TIPS principal adjustment from inflation as income. An exceptionally high 30-day SEC yield may be attributable to a rise in the inflation rate, which may not be repeated. Unsubsidized yield does not adjust for any fee waivers and/or expense reimbursements in effect.

Top 10 Holdings

Data as of 12/04/2024
Full Holdings .CSV
Rank Name % of Net Assets Ticker Identifier Type Shares Held Market Value($)
1 SCHWAB U.S. TIPS ETF 82.47% SCHP US8085248701 Mutual Fund 15,592,263 412,103,511
2 Cash 6.78% Cash 33,892,913 33,892,913
3 USD CMS 2-10 04/08/2026 5 2.87% Option 500,000 14,333,444
4 USD CMS 2-10 04/14/27 20 1.9% Option 300,000 9,473,090
5 USD CMS 2-10 07/15/26 10 1.77% Option 300,000 8,855,197
6 USD CMS 2-10 01/28/2026 3 1.33% Option 250,000 6,656,733
7 USD CMS 2-10 09/17/25 08 1.26% Option 350,000 6,288,458
8 USD CMS 2-10 12/09/26 28 1.02% Option 200,000 5,115,189
9 USD CMS 2-10 06/25/25 13 0.44% Option 200,000 2,189,052
10 USD CMS 2-10 03/13/25 27 0.16% Option 400,000 784,824

Holdings are subject to change.