XTRE

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF

$49.77

+0.00%

Market closed. Last update: 11:54 AM ET

📎 Investment Objective

The BondBloxx Bloomberg Three Year Target Duration US Treasury ETF seeks to track the performance of the Bloomberg US Treasury 3 Year Index, which measures the performance of US Treasury securities with a target duration of approximately 3 years.

Overview

ETF tracking BondBloxx Bloomberg Three Year Target Duration US Treasury ETF

Category Fixed Income

Issuer Other

Inception Date 2022-09-15

Market Cap $181.6M

Average Volume N/A

Dividend Yield 3.21%

52-Week Range $48.52 - $50.08

VWAP $49.79

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a portfolio of US Treasury securities with the goal of providing exposure to the US Treasury market with a target duration of 3 years. The fund uses a sampling approach to replicate the index, investing in a subset of the index constituents that collectively have an investment profile similar to the index.

✨ Key Features

Targets a 3-year duration US Treasury portfolio
Seeks to provide low-cost exposure to the US Treasury market
Utilizes a sampling approach to replicate the index
Designed for investors seeking short-term fixed income exposure

⚠️ Primary Risks

Interest rate risk: The value of the fund's holdings may decline due to rising interest rates
Credit risk: The risk that the US government may not be able to make timely interest or principal payments
Liquidity risk: The fund may have difficulty selling certain securities at an advantageous time and price
Tracking error risk: The fund may not perfectly track the performance of its underlying index

👤 Best For

This ETF may be suitable for investors seeking short-term, low-risk exposure to the US Treasury market as part of a diversified fixed income portfolio. It may be particularly attractive for investors with a conservative risk profile or a need for capital preservation.