Vest 10 Year Interest Rate Hedge ETFVest 10 Year Interest Rate Hedge ETFVest 10 Year Interest Rate Hedge ETF

Vest 10 Year Interest Rate Hedge ETF

No trades
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Key stats

Assets under management (AUM)
‪2.56 M‬USD
Fund flows (1Y)
‪−1.67 M‬USD
Dividend yield (indicated)
3.76%
Discount/Premium to NAV
−1.2%

About Vest 10 Year Interest Rate Hedge ETF

Issuer
Cboe Global Markets, Inc.
Brand
Vest
Expense ratio
0.85%
Home page
Inception date
Feb 2, 2023
Index tracked
No Underlying Index
Management style
Active
RYSE aims to generate capital appreciation from rising 10-year interest rates by investing in interest rate swaptions to create downside limits to losses and upside caps to gains. The 10-year rate broadly measures the cost of borrowing cash overnight that are collateralized by Treasury securities compounded over 10 years. As the fund anticipates losses when the 10-year rate falls, the fund buys and sells swaptions every quarter to create the downside limits to losses. The fund hedges against increases by investing in various derivatives (e.g., futures, options, interest rate swaps, and swaptions). It may also take long positions in interest rate swaps to benefit from rising interest rates. As collateral for its derivatives transactions, the fund may also invest in ETFs that invest in US T-bills or option contracts. Additionally, the fund takes long /short positions in interest rate payer or receiver swaptions. The fund aims to hold swaptions maturing in three months for more predictable returns. The fund seeks to limit losses of up to 15% over a quarter with the potential upside capped between 15-35%. Through these positions, the fund may forego some upside potential. There is no assurance that the fund will succeed in limiting losses. Prior to January 02, 2023 the fund was called Cboe Vest 10 Year Interest Rate Hedge ETF.

Classification

Asset Class
Alternatives
Category
Tactical tools
Focus
Spreads
Niche
Inflation
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Government
Rights & Warrants
Bonds, Cash & Other100.00%
Cash44.79%
Government32.69%
Rights & Warrants21.27%
Mutual fund2.30%
Miscellaneous−1.06%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy