Global X Interest Rate Hedge ETF (RATE) Price, Holdings, & News

ETF Overview

The Global X Interest Rate Hedge ETF (RATE) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is an actively managed fund, using over-the-counter swaptions, which seeks to provide a hedge against sharp increases in long-term US interest rates. The fund is also expected to benefit during periods of market stress when interest rate volatility rises. RATE was launched on Jul 5, 2022 and is managed by Global X.

Key Stats

• Today's Range: $19.85 to $19.85
• 50-Day Range: $17.16 to $20.51
• 52-Week Range: $17.12 to $27.95
• Volume: 625 shs
• Average Volume: 1,772 shs
• Market Capitalization: $1.98 million
• Assets Under Management: $1.98 million
• Dividend Yield: 20.96%
• Net Expense Ratio: 0.50%
• Aggregate Rating: N/A

RATE ETF - Frequently Asked Questions

How have RATE shares performed this year?

Global X Interest Rate Hedge ETF's stock was trading at $18.31 on January 1st, 2024. Since then, RATE stock has increased by 8.4% and is now trading at $19.8464.
View the best growth stocks for 2024 here.

Who are Global X Interest Rate Hedge ETF's major shareholders?

Global X Interest Rate Hedge ETF's top institutional investors include Jane Street Group LLC (10.74%).

How do I buy shares of Global X Interest Rate Hedge ETF?

Shares of RATE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Global X Interest Rate Hedge ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Global X Interest Rate Hedge ETF investors own include Alibaba Group (BABA), Barrick Gold (GOLD), Meta Platforms (META), Sprott Focus Trust (FUND), ETFMG Alternative Harvest ETF (MJX), New Zealand Energy (NZ) and Strathcona Resources (SCR).

Fund Details

• Issuer: Global X
• Fund Name: Global X Interest Rate Hedge ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:RATE
• Inception Date: 7/5/2022
• Fund Manager: Nam To, Wayne Xie, Kimberly Chan, Vanessa Yang, William Helm, Sandy Lu
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Multi Asset
• Benchmark: N/A
• Category: Strategy
• Focus: Theme
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 5

Fund Statistics

• Assets Under Management: $1.98 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.05%

Administrator, Advisor and Custodian

• Administrator: SEI Investments Global Funds Services
• Advisor: Global X Management Company LLC
• Custodian: Brown Brothers Harriman & Co.
• Distributor: SEI Investments Distribution Co.
• Transfer Agent: Brown Brothers Harriman & Co.
• Trustee: N/A
• Lead Market Maker: Jane Street

Options

• Optionable: N/A
• Short Interest: 200 shs

Miscellaneous

• Outstanding Shares: 100,000
• Beta: -0.57
• Creation Unit: 10,000
• Creation Fee: $250.00