XTWY

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF

$38.75

+0.00%

Market closed. Last update: 11:56 AM ET

📎 Investment Objective

The BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (XTWY) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Bloomberg US Treasury 20 Year Target Duration Index.

Overview

ETF tracking BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF

Category Fixed Income

Issuer Other

Inception Date 2022-09-15

Market Cap $74.0M

Average Volume N/A

Dividend Yield 3.80%

52-Week Range $36.36 - $42.29

VWAP $38.83

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests primarily in U.S. Treasury securities with the goal of maintaining a target duration of approximately 20 years. The fund uses a sampling approach to track the index, investing in a subset of the index's securities that collectively have an investment profile similar to the index.

✨ Key Features

Exposure to long-duration U.S. Treasury bonds with a target duration of 20 years
Seeks to provide a cost-effective way to gain exposure to the long-end of the Treasury yield curve
Employs a sampling approach to track the underlying index

⚠️ Primary Risks

Interest rate risk: The fund's performance is sensitive to changes in interest rates, which can negatively impact the value of long-duration bonds
Liquidity risk: The market for long-dated Treasuries may be less liquid than shorter-term securities, which could lead to higher trading costs
Tracking error risk: The fund may not perfectly track the performance of its underlying index due to factors such as fund expenses and the use of sampling

👤 Best For

This ETF may be suitable for investors seeking exposure to the long end of the Treasury yield curve as part of a diversified fixed income allocation. It may be particularly appealing to investors with a long-term investment horizon who are comfortable with the interest rate sensitivity of long-duration bonds.