XTWO

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF

$49.47
+0.00%
Market closed. Last update: 11:56 AM ET

📎 Investment Objective

The BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (XTWO) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Bloomberg US Treasury 2 Year Index.

Overview

ETF tracking BondBloxx Bloomberg Two Year Target Duration US Treasury ETF

Issuer Other
Inception Date 2022-09-15
Market Cap $147.9M
Average Volume N/A
Dividend Yield 3.59%
52-Week Range $48.95 - $49.72
VWAP $49.48

Performance

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Investment Summary

📎 Investment Objective

The BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (XTWO) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Bloomberg US Treasury 2 Year Index.

🎯 Investment Strategy

The ETF invests in a portfolio of U.S. Treasury securities with an average maturity of approximately two years. The fund's portfolio is designed to have a similar duration and yield curve exposure as the underlying index.

✨ Key Features

  • Targets a two-year duration for the underlying portfolio of U.S. Treasuries
  • Seeks to provide low-cost exposure to short-term U.S. government bonds
  • Passively managed to track the performance of the Bloomberg US Treasury 2 Year Index

⚠️ 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 U.S. government may not be able to meet its financial obligations
  • Liquidity risk: The fund may have difficulty selling its holdings at an advantageous time or 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 low-risk, short-term exposure to U.S. government bonds as part of a diversified fixed income allocation. It may be particularly attractive for investors looking to manage interest rate risk and preserve capital in the short-term.