Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial - Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
Quadratic Deflation ETF (BNDD)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- 1Y
- 1M
- 1W
Upturn Advisory Summary
11/05/2025: BNDD (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -17.71% | Avg. Invested days 36 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  1.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 11/05/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.94 | 52 Weeks Range 12.05 - 14.52 | Updated Date 06/29/2025 |
52 Weeks Range 12.05 - 14.52 | Updated Date 06/29/2025 |
Upturn AI SWOT
Quadratic Deflation ETF
ETF Overview
Overview
The Quadratic Deflation ETF (BNDP) is designed to benefit from deflationary environments. It seeks capital appreciation by investing primarily in U.S. Treasury Inflation-Protected Securities (TIPS) and other fixed-income instruments.
Reputation and Reliability
Quadratic Capital Management is a relatively new but specialized firm known for its focus on volatility and rates strategies.
Management Expertise
The management team is led by Nancy Davis, who has extensive experience in fixed income and options trading.
Investment Objective
Goal
To provide capital appreciation in a deflationary environment.
Investment Approach and Strategy
Strategy: Actively managed ETF focusing on U.S. TIPS and interest rate options to capitalize on potential deflationary pressures.
Composition Primarily invests in TIPS, Treasury securities, and interest rate options, particularly those that benefit from falling interest rates and deflation.
Market Position
Market Share: The Quadratic Deflation ETF holds a relatively small market share in the broader fixed-income ETF market.
Total Net Assets (AUM): 25310000
Competitors
Key Competitors
- TIP
- VTIP
- SCHP
Competitive Landscape
The ETF market is highly competitive with many established players in fixed income. BNDP distinguishes itself with its specific deflation-focused strategy, providing a niche offering. The advantage of BNDP is its active management and potential for outperformance in deflationary scenarios. Its disadvantage is higher expense ratio and reliance on the accuracy of its deflationary outlook.
Financial Performance
Historical Performance: Historical performance data is available since the ETF's inception. Data will be added in subsequent iterations
Benchmark Comparison: Comparison data unavailable. Data will be added in subsequent iterations
Expense Ratio: 0.99
Liquidity
Average Trading Volume
The ETF has relatively low trading volume, indicating potentially wider bid-ask spreads and lower liquidity.
Bid-Ask Spread
The bid-ask spread can be relatively wide, especially during periods of market volatility, due to lower trading volume.
Market Dynamics
Market Environment Factors
Economic indicators like inflation rates, GDP growth, and interest rate policies heavily influence BNDP's performance. Concerns about recession, disinflation, or technological advancements driving down prices may favor this fund.
Growth Trajectory
BNDP's growth trajectory depends on the prevailing macroeconomic environment and the fund's ability to accurately predict and capitalize on deflationary trends. Changes in strategy and holdings are actively managed based on the current economic outlook.
Moat and Competitive Advantages
Competitive Edge
BNDP's competitive edge lies in its targeted exposure to deflationary scenarios, which is unique among fixed-income ETFs. The fund's active management allows it to adjust its holdings based on evolving market conditions. Nancy Davis's expertise in options and fixed income gives the fund a potential advantage in navigating complex market dynamics. This niche focus can attract investors seeking a hedge against deflationary risks or looking to profit from such an environment.
Risk Analysis
Volatility
The ETF's volatility can be influenced by interest rate movements and changes in inflation expectations.
Market Risk
The primary risks are related to interest rate risk, credit risk (although minimal due to TIPS focus), and the risk that deflation does not materialize as anticipated, negatively impacting performance.
Investor Profile
Ideal Investor Profile
The ideal investor is one who anticipates deflationary pressures or seeks to hedge against deflationary risks in their portfolio.
Market Risk
This ETF is more suitable for sophisticated investors who understand the complexities of fixed income and options, and are willing to take on the risk that the deflationary scenario may not occur.
Summary
The Quadratic Deflation ETF is a niche fixed-income ETF designed to benefit from deflationary environments. It actively manages a portfolio of TIPS and interest rate options. The ETFu2019s performance is highly dependent on the accuracy of its deflationary outlook and the effectiveness of its active management. Investors should carefully consider the risks and complexities associated with this ETF before investing, recognizing it's designed for a specific macroeconomic scenario.
Similar ETFs
Sources and Disclaimers
Data Sources:
- Quadratic Capital Management
- ETF.com
- Yahoo Finance
- Bloomberg
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual risk tolerance and financial circumstances.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Quadratic Deflation ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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.S. interest rate swap curve and structured to limit the loss to the fund and include long options, long spreads and butterflies. The fund is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.