NYSEARCA:RATE

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

$22.25
+0.38 (+1.74%)
(As of 04/25/2024 ET)
Today's Range
$22.21
$22.34
50-Day Range
$18.73
$22.25
52-Week Range
$17.80
$31.88
Volume
7,474 shs
Average Volume
1,746 shs
Market Capitalization
$2.23 million
Assets Under Management
$2.18 million
Dividend Yield
18.70%
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

A new way to collect income from stocks
Most people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively…
Global X Interest Rate Hedge ETF (NYSEARCA:RATE) Shares Up 1.2%
Slorg is Sorry He Burnt Slerf
The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
See More Headlines
Receive RATE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Global X Interest Rate Hedge ETF and its competitors with MarketBeat's FREE daily newsletter.

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
$2.18 million
Average Daily Volume
$0.00
Discount/Premium
0.06%

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
7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

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%0.58%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 on January 1st, 2024. Since then, RATE stock has increased by 21.5% and is now trading at $22.25.
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 $2.18 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 4/25/2024 by MarketBeat.com Staff

From Our Partners