iPath US Treasury 5-year Bear ETN (DFVS)
iPath US Treasury 5-year Bear ETN operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $16.25, down 0.73% on the session, giving a market capitalisation of $2.5M. Its beta of -5.51 implies it has historically moved less than the broad market.
This financial product is engineered to provide investors with returns that move in the opposite direction of the Barclays 5Y US Treasury Futures Targeted Exposure Index™. This particular index is structured to decrease in value when 5-year U.S. Treasury note yields rise, and conversely, to increase when those yields decline. Its methodology involves targeting a consistent level of responsiveness to shifts in the yield of the current "cheapest-to-deliver" note, which forms the basis for the associated 5-year Treasury futures contract at any given time.
iPath US Treasury 5-year Bear ETN is most often compared with the following Financial Services names: