Yung Lim joins Bloomberg IQ ETF to discuss RISR
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Important Information
FolioBeyond Rising Rates ETF (RISR) primarily invests in agency MBS Interest Only Strips ("MBS IOs"). RISR generally targets a portfolio duration of approximately negative 10 years, which leads to price movements that are generally inversely correlated to the price changes of 7 to 10 year Treasuries. ProShares Short 7-10 Year Treasury ETF (TBX) tracks the inverse daily performance of ICE U.S. Treasury 7-10 Year Bond Index and serves as one of the inverse Treasury benchmarks for RISR. iShares 7-10 Year Treasury Bond ETF (IEF) seeks to track the returns of ICE U.S. Treasury 7-10 Year Bond Index and would be inversely correlated to RISR. Both RISR and TBX would generally tend to generate returns that are negatively correlated to the performance of IEF.
Comparative Information about RISR, ProShares Short 7-10 Year Treasury (TBX), and iShares 7-10 Year Treasury Bond ETF (IEF). The information is provided for TBX and IEF because they were chosen by Bloomberg’s ETF IQ show as comparative to the RISR ETF.
A) The expense ratio for RISR, TBX and IEF are 1.01%, 0.95% and 0.15%, respectively.
| As of 7/18/22 | RISR | TBX | IEF |
|---|---|---|---|
| 30-day Average Volume | 89,427 | 174,738 | 8,368,572 |
Source: Bloomberg
B) Prospectus: Before investing you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information is in the prospectus. A prospectus may be obtained by clicking the respective link below. Please read the prospectus carefully before you invest.
C) Standardized Performance:
As of 6/30/2022
| Total Return (Price) | 1 MO | 3 MO | YTD |
|---|---|---|---|
| RISR | 1.39% | 9.60% | 32.98% |
| TBX | 0.79% | 4.29% | 10.86% |
| IEF | -0.86% | -4.47% | -10.55% |
| Total Return (NAV) | 1 MO | 3 MO | YTD |
|---|---|---|---|
| RISR | 1.09% | 11.39% | 30.93% |
| TBX | 0.87% | 4.30% | 10.98% |
| IEF | -0.98% | -4.48% | -10.70% |
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. Performance current to the most recent month-end can be obtained by calling (866) 497-4963 for RISR, or at the links listed below under D for each of the funds.
D) Funds’ performance data are from funds’ websites.