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RATE

Interest Rate Hedge ETF
Active

Reasons to Consider RATE

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Institutional Exposure

RATE seeks to achieve its investment objective of providing a hedge against sharply increasing long-term U.S. interest rates by using over-the-counter (OTC) instruments.

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Tactical Hedge

By holding options designed to benefit from rising long-term interest rates, RATE provides access to an efficient fixed income hedging strategy designed to offset interest rate risk in a portfolio.

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Active Management

RATE is an active strategy from the standpoint of interest rate risk management.

Key Information

As of Jun 04 2025
Inception Date
07/05/22
Total Expense Ratio
0.45%
Net Assets
$2.58 million
NAV
$18.44
Fact Sheet

ETF Summary

The Global X Interest Rate Hedge ETF (RATE) is an actively managed ETF designed to benefit when long-term interest rates increase. RATE seeks to achieve its investment objective primarily by investing in long interest rate swap options (“swaptions”) and long positions in short term U.S. Treasury securities. The latter is mainly utilized for cash management purposes. RATE may invest in U.S. Treasury bills directly or through other ETFs.

ETF Objective

The Global X Interest Rate Hedge ETF (RATE) seeks to provide a hedge against sharp increases in long-term U.S. interest rates and is expected to benefit during periods of market stress when interest rate volatility is elevated.

Trading Details

As of Jun 04 2025
Ticker
RATE
CUSIP
37960A784
ISIN
US37960A7845
Primary Exchange
NYSE Arca
Shares Outstanding
140,000
Number of Holdings
4
30-Day Median Bid-Ask Spread
0.20%

Distributions

As of Jun 04 2025
30-Day SEC Yield
4.37%
Distribution Frequency
Monthly

ETF Prices

As of Jun 04 2025
NAV$18.44Daily Change-$0.31-1.65%
Market Price$18.57Daily Change-$0.24-1.28%

Performance History

Fund NAVMarket Price
1 Year3.69%3.37%
Since Inception8.07%8.03%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings

As of Jun 04 2025
Net Assets (%)Security TypeNameSEDOLMarket Price ($)Shares HeldMarket Value ($)
87.33Mutual FundGLOBAL X 1-3 MONTH T-BILLBS096K4100.4422,4502,254,878.00
6.78CashCASH1.00175,089175,089.07
3.06OptionPAYER 09/12/35 4.05 BARC0.018,000,00078,900.16
2.84OptionPAYER 08/28/35 4.10 BARC0.0110,000,00073,371.80
0.14OptionPAYER 07/10/25 4.55 UBS0.0017,000,0003,621.68
-0.15CashOTHER PAYABLE & RECEIVABLES1.00-3,790-3,789.76

Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Documents

Supplemental Tax Information
Fact Sheet
Proxy Voting

Prospectus & Regulatory Information

Summary Prospectus
Statutory Prospectus
Statement of Additional Information
Annual Financial Statements*
Semi Annual Financial Statements**
Tailored Shareholders Report
Q1 Complete Holdings
Q3 Complete Holdings

* The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.

** The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.