BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (XTWY)
BondBloxx Bloomberg Twenty 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 $35.15, down 0.10% on the session, giving a market capitalisation of $244.7M. Its beta of 2.86 implies it has historically moved more than the broad market.
This ETF seeks to replicate an index comprising specific U.S. Treasury notes and bonds found within the Bloomberg US Treasury Index, in addition to principal-only U.S. Treasury Separate Trading of Registered Interest and Principal Securities (STRIPS). Under typical market conditions, the fund dedicates a minimum of 80% of its net assets (plus any borrowed funds utilized for investment purposes) to a selection of U.S. Treasury securities. These holdings are structured to achieve an average duration of approximately two decades, an objective met either through direct ownership or indirectly, such as via financial derivatives. The fund is categorized as non-diversified.
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF is most often compared with the following Financial Services names: