BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (XTWO)
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $48.34, up 0.14% on the session, giving a market capitalisation of $180.2M. Its beta of 0.25 implies it has historically moved less than the broad market.
Under typical operating conditions, this fund allocates a minimum of 80% of its total assets—including any capital acquired through borrowing for investment purposes—to a collection of U.S. government debt instruments. This portfolio is specifically structured to achieve an average duration of approximately two years. These investments can be made either by directly acquiring the securities or through indirect methods, such as utilizing derivatives. It's important to note that the fund is classified as non-diversified.
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF is most often compared with the following Financial Services names: