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BNDD
+0.02 · +0.02%
$98.30 · NYSE ARCA

Quadratic Deflation ETF (BNDD) ETF Analysis | Long Government

KraneShares · USA
AUM:$7.4M
#– of – in Long Government ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

BNDD returned -1.5% over the past year, broadly in line with flat market conditions.

Cost Efficiency

Ongoing charge of 1.04% — above average for this category.

What is BNDD?

The fund invests in Treasuries of various maturities directly or through other exchange-traded funds that invest in Treasuries. The "option strategies" used by the fund are options strategies of various maturities that are tied to the shape of the U.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Negative 12-Month Return
BNDD returned -1.5% over the past year, reflecting recent market conditions.
Higher Cost Profile
Expense ratio of 1.04% is above average. Verify whether the strategy justifies the cost.
Concentrated Holdings
Top 10 holdings account for 78.6% of the ETF — significant weight in a small number of names.
ETF Information
AUM$7.4M
Expense Ratio1.04%
Dividend Yield3.63%
Holdings1
Inception DateSept 2021
Domicile–
Distribution–
Index–
ProviderKraneShares
Beta1.18
CategoryLong Government
CurrencyUSD
Portfolio Impact

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6168
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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-1.2%
1Y
+2.4%
3Y
-12.8%
5Y
-21.0%
OpenBook InsightIf you had invested £10,000 in BNDD 5 years ago, it would have fallen to £7,901 — a loss of £2,099.

Annual Returns

Calendar year performance

BNDD delivered positive returns in 2 of the last 5 calendar years.
YearBNDD
2026 YTD+2.1%
2025-8.0%
2024-6.7%
2023+3.0%
2022-15.9%
CAGR 4yr-7.1%
2/5 positive yearsAvg return: -5.1%Worst year: -15.9% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
33%
Negative
Volatility
8.9%
Low
Momentum
-0.5%
30-day change
Support Level
94.65
Key floor
Key Insights
  • Price is consolidating, with low momentum over the recent period.
  • Low volatility environment with a narrower recent trading range.
  • Monitor key support and resistance levels as part of broader risk assessment.
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