BNDD ETF Analysis: Quadratic Deflation | NYSE
Long Government | NYSE, USA | Market Cap: 60m USD | 12M Return: 4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 4.62M
Warnings
Tailwinds
No distinct edge detected
Seasonality
The Quadratic Deflation ETF (BNDD) is a long government ETF that invests in U.S. Treasuries of various maturities, either directly or through other Treasury-focused ETFs. The fund employs options-based strategies tied to the shape of the U.S. interest rate swap curve, including long options, long spreads, and butterfly structures, all designed to limit the funds downside risk. It is classified as a non-diversified fund and falls within the actively managed ETF space, which allows managers to use derivatives like options to express specific market views on interest rates rather than simply tracking a passive index.
- U.S. interest rate swap curve steepens on Fed easing
- Deflation fears grow as CPI disinflation accelerates
- Fund inflows expand AUM and management fee revenue
As of July 28, 2026, the stock is trading at USD 97.83 with a total of 4,291 shares traded. Over the past week, the price has changed by +0.77%, over one month by -3.42%, over three months by +0.89% and over the past year by +4.04%.
Current recommended Stop Loss: 96.40 (which is 1.5% or 1.4 ATR below the current price).
Quadratic Deflation has no consensus analysts rating.