NYSEARCA:RATE

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

$21.60
-0.09 (-0.41%)
(As of 04/23/2024 ET)
Today's Range
$21.51
$21.60
50-Day Range
$18.73
$22.12
52-Week Range
$17.80
$31.88
Volume
1,092 shs
Average Volume
1,669 shs
Market Capitalization
$2.16 million
Assets Under Management
$2.15 million
Dividend Yield
19.26%
Net Expense Ratio
0.45%
RATE stock logo

About Global X Interest Rate Hedge ETF (NYSEARCA:RATE)

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.

RATE Stock Price History

RATE ETF News Headlines

The system that called 2023’s top 7 stocks is at it again…
Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.
Global X Interest Rate Hedge ETF (NYSEARCA:RATE) Shares Up 1.2%
Slorg is Sorry He Burnt Slerf
The system that called 2023’s top 7 stocks is at it again…
Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.
See More Headlines
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Fund Details

Issuer
Global X
Fund Name
Global X Interest Rate Hedge ETF
Tax Classification
Regulated Investment Company
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
4

Fund Statistics

Assets Under Management
$2.17 million
Average Daily Volume
$0.00
Discount/Premium
0.02%

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

Miscellaneous

Beta
-0.46
Creation Unit
10,000
Creation Fee
$250.00
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Global X Interest Rate Hedge ETF Expenses

TypeRATETheme ETFsMulti Asset ETFsNYSEARCA ETFsAll ETFs
Management Fee0.45%0.57%0.69%0.50%0.51%
Other Expenses0.00%0.72%0.79%0.64%0.58%
Total Expense0.45%0.72%1.21%0.74%0.70%
Fee Waiver0.00%-0.76%-0.69%-0.68%-0.57%
Net Expense0.45%0.59%0.94%0.57%0.58%

Global X Interest Rate Hedge ETF (RATE) Holdings

Top 10 RATE Holdings

  • B 07/05/23
    Holding Weight: 16.23%
  • B 07/13/23
    Holding Weight: 16.21%
  • B 08/08/23
    Holding Weight: 12.92%
  • B 08/15/23
    Holding Weight: 12.91%
  • B 07/20/23
    Holding Weight: 9.72%
  • B 08/22/23
    Holding Weight: 8.06%
  • SWAPTION 10/30/23 3.40 P
    Holding Weight: 5.37%
  • SWAPTION 09/18/23 3.45 P
    Holding Weight: 5.18%
  • B 08/01/23
    Holding Weight: 4.85%
  • B 09/07/23
    Holding Weight: 4.82%

RATE ETF - Frequently Asked Questions

How have RATE shares performed in 2024?

Global X Interest Rate Hedge ETF's stock was trading at $18.31 at the start of the year. Since then, RATE shares have increased by 18.0% and is now trading at $21.6033.
View the best growth stocks for 2024 here
.

What does RATE invest in?

Global X Interest Rate Hedge ETF is a multi asset fund issued by Global X. RATE focuses on theme investments. The fund's investments total to approximately $2.17 million assets under management.

What is the management fee for Global X Interest Rate Hedge ETF?

Global X Interest Rate Hedge ETF's management fee is 0.45% and has no other recorded expenses or fee waivers. The net expense ratio for RATE is 0.45%.

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.
Compare Top Brokerages Here.

This page (NYSEARCA:RATE) was last updated on 4/24/2024 by MarketBeat.com Staff

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