Fund Description
The Global X Interest Rate Volatility & Inflation Hedge ETF (IRVH) is an actively-managed ETF designed to offer investors inflation-protected income potential while also potentially benefiting from a steepening of the yield curve and an increase in interest rate volatility. IRVH seeks to achieves its investment objective by primarily investing in, directly or indirectly, a mix of TIPS and interest rate options on the shape of the yield curve. The value of TIPS increases with inflation, a feature that is intended to protect investors from inflation risk. However, TIPS are also highly sensitive to interest rates. By purchasing yield curve spread options, IRVH seeks to partially mitigate some of the interest rate sensitivity of TIPS, as the options are expected to benefit from a steepening of the yield curve and an increase in interest rate volatility.
Fund Profile
Fund Name Global X Interest Rate Volatility & Inflation Hedge ETF
Fund Exchange Ticker IRVH
Fund Sponsor Global X
Fund ISIN US37960A7928
Net Expense Ratio 0.45 %
Fund Inception Date 5 July 2022
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Inflation protected
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Inflation protected
Credit Quality Investment Grade Only
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 17 March 2023
Asset Under Management 2.98 Million (USD)
1 Month Total Return 4.74 %
Year To Date Return 1.54 %
1 Year Total Return
3 Year Annualized Total Return
NAV 22.91
Share Outstanding 130,000
Top 10 Holdings (17 March 2023)
Constituent Name Constituent Ticker Constituent Type Weighting
U.S. TIPS 0-7/8% 01/15/29 BOND 0.1832000000
U.S. TIPS 0-1/8% 4/15/26 OPTN 0.1277000000
U.S. TIPS 0-1/8% 04/17/27 BOND 0.1173000000
U.S. TIPS 0-1/8% 01/15/32 BOND 0.0814000000
U.S. TIPS 0-3/4% 02/15/42 BOND 0.0786000000
U.S. TIPS 1-3/4% 01/15/28 BOND 0.0728000000
U.S. TIPS 0.125% 01/15/30 BOND 0.0538000000
USD 2-10 07/05/24 0.345% BOND 0.0441000000
TII 0 1/8 04/15/25 BOND 0.0393000000
CASH CASH 0.0328000000