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ETFs

Cboe Vest 10 Year Interest Rate Hedge ETF

RYSE
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 03 2023
Expense Ratio
0.85%
Type
US Bonds
Fund Owner
CBOE Vest
Volume (1m avg. daily)
$13,476
AUM
$6,274,800
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
UNITED STATES TREAS BILLS 09/28/2023
75.85%
n/a
PAYER SWAPTION 2.755% 09/29/23
24.34%
n/a
Cash & Other
0.43%
n/a
PAYER SWAPTION 4.1975% 09/29/23
-0.62%
Invest with RYSE

What is RYSE?

Cboe Vest 10-Year Interest Rate Hedge ETF is an active fund whose portfolio is constructed with the aim of delivering positive returns, before any fees and expenses, when the 10-year interest rate (the "10-Year Rate") rises. The Fund is expected to experience losses when the 10-Year Rate falls. The 10-Year Rate is a broad measure of the cost of borrowing cash overnight collateralized by Treasury securities compounded over a period of 10 years. To achieve its investment objective of hedging against increases in the 10- Year Rate, the Fund invests in various derivatives (including futures, options, interest rate swaps, and swaptions). The Fund may take long positions in interest rate swaps to seek to benefit from rising interest rates. The Fund may also invest in ETFs that invest in U.S. Treasury bills or options contracts linked to ETFs that primarily invest in U.S. Treasury securities to implement the Fund's hedging strategy. The Fund invests in U.S. Treasury bills as collateral for the Fund's derivatives transactions. In addition, the Fund will take long or short positions in interest rate payer or receiver swaptions to limit losses and gains. By taking these positions to limit losses, the upside cap is a by-product of seeking to limit the downside losses.

ETFs related toRYSE

ETFs correlated to RYSE include TBX, PST, TTT

RYSE
ETF Series Solutions Trust - Cboe Vest 10 Year Interest Rate Hedge ETF
TBX
ProShares Trust - ProShares Short 7-10 Year Treasury -1x Shares
PST
Invesco Capital Management LLC - PowerShares UltraShort Lehman 7-10 + Year Treasury ProShares -2X Sh
TTT
ProShares Trust - ProShares UltraPro Short 20+ Year Treasury -3x Shares
TMV
Direxion Shares ETF Trust - Direxion Daily 20+ Year Treasury Bear -3X Shares
TBT
Invesco Capital Management LLC - PowerShares UltraShort Lehman 20+ Year Treasury ProShares 2x Shares
TBF
ProShares Trust - ProShares Short 20+ Year Treasury -1x Shares
DBMF
Manager Directed Portfolios - iMGP DBi Managed Futures Strategy ETF
GLL
ProShares Trust - ProShares UltraShort Gold -2x Shares
PFIX
Simplify Exchange Traded Funds - Simplify Interest Rate Hedge ETF
CTA
Simplify Exchange Traded Funds - Simplify Managed Futures Strategy ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toRYSE

#SPIRAL

Stoic Finance Presents: Inflation Spiral Hedge

Category

Community

Risk Rating

Aggressive

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

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Create your own algorithmic trading strategy with RYSE using Composer

FAQ

RYSE is a US Bonds ETF. Cboe Vest 10-Year Interest Rate Hedge ETF is an active fund whose portfolio is constructed with the aim of delivering positive returns, before any fees and expenses, when the 10-year interest rate (the "10-Year Rate") rises. The Fund is expected to experience losses when the 10-Year Rate falls. The 10-Year Rate is a broad measure of the cost of borrowing cash overnight collateralized by Treasury securities compounded over a period of 10 years. To achieve its investment objective of hedging against increases in the 10- Year Rate, the Fund invests in various derivatives (including futures, options, interest rate swaps, and swaptions). The Fund may take long positions in interest rate swaps to seek to benefit from rising interest rates. The Fund may also invest in ETFs that invest in U.S. Treasury bills or options contracts linked to ETFs that primarily invest in U.S. Treasury securities to implement the Fund's hedging strategy. The Fund invests in U.S. Treasury bills as collateral for the Fund's derivatives transactions. In addition, the Fund will take long or short positions in interest rate payer or receiver swaptions to limit losses and gains. By taking these positions to limit losses, the upside cap is a by-product of seeking to limit the downside losses.

Yes, RYSE is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, RYSE is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on RYSE is 0.051%. This is the percent change in the value of RYSE over the most recent 1-month period. The 3-month return on RYSE is 0.1555%. This is the percent change in the value of RYSE over the most recent 3-month period.

ETFs similar to RYSE include SHY, BIL, and TLT.

ETFs correlated to RYSE include TBX, PST, and TTT.

ETFs that are inversely correlated to RYSE include UTEN, TYD, and GOVT.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.