BNDD Performance — Quadratic Deflation ETF
Data updated: 2026-08-28
BNDD returned +5.90% year to date and +3.20% over one year to Jun 2026. The annualised 3-year return is −4.94%. The fund trailed its US Multi-Cap category average: $100 invested three years ago grew to $86, against $119 for the category, and to $103 over one year, against $110. Volatility over the past three years was 10.02% a year. In the 12 months to Jun 2026 the fund took in a net $23.7M, and assets reached $41.47M.
BNDD Growth of $100
What $100 invested in Quadratic Deflation ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap category average over the same months.
| Period | BNDD | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $103 | $110 |
| 3 years (Jul 2023 – Jun 2026) | $86 | $119 |
| Since data start (Oct 2021 – Jun 2026) | $86 | $111 |
BNDD Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +5.90% |
| 1 year | +3.20% |
| 3 years (annualised) | −4.94% |
BNDD Annual Returns
Calendar-year total returns of Quadratic Deflation ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +5.90% |
| 2025 | −8.12% |
| 2024 | −6.25% |
| 2023 | +3.84% |
| 2022 | −17.71% |
| 2021 (Oct–Dec) | +10.21% |
BNDD Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.4% | +4.0% | −0.1% | +1.7% | +1.2% | −0.5% | — | — | — | — | — | — |
| 2025 | −2.4% | +2.8% | −0.7% | +1.0% | −2.6% | −3.9% | +4.5% | −3.1% | −0.8% | −3.0% | −0.9% | +0.9% |
| 2024 | +0.7% | +3.1% | −2.4% | +0.2% | +0.4% | −2.0% | −0.1% | +0.2% | −0.7% | −5.3% | +0.9% | −1.1% |
| 2023 | +2.3% | +1.0% | +2.8% | +4.9% | −1.5% | +0.4% | −6.5% | −2.9% | −2.6% | +6.0% | +5.5% | −4.8% |
| 2022 | +0.7% | +0.6% | −1.8% | −0.8% | −3.9% | −7.3% | −2.4% | −1.1% | +0.5% | −0.6% | +3.8% | −6.6% |
| 2021 | — | — | — | — | — | — | — | — | — | −1.8% | +3.4% | +8.6% |
BNDD Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 10.02%
- 3-year Sharpe ratio: -0.94 (vs 4.5% risk-free rate)
- Best month: +6.04% (Oct 2023)
- Worst month: −6.51% (Jul 2023)
BNDD Fund Flows
Monthly money in and out of Quadratic Deflation ETF, from SEC Form N-PORT.
- 12-month net flow: $23.7M
- 12-month gross sales (incl. reinvestments): $33.9M
- Sales ÷ redemptions: 3.32×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $0 | $0 | $0 |
| May 2026 | $0 | $976K | −$976K |
| Apr 2026 | $35.0M | $0 | $35.0M |
| Mar 2026 | $6.3M | $7.7M | −$1.4M |
| Feb 2026 | $0 | $0 | $0 |
| Jan 2026 | $0 | $0 | $0 |
| Dec 2025 | $0 | $0 | $0 |
| Nov 2025 | $1.5M | $0 | $1.5M |
| Oct 2025 | $0 | $0 | $0 |
| Sep 2025 | $0 | $0 | $0 |
| Aug 2025 | −$8.9M | $0 | −$8.9M |
| Jul 2025 | $0 | $1.5M | −$1.5M |
BNDD Assets Under Management
Net assets of Quadratic Deflation ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $41.47M |
| 2026-03-31 | $7.44M |
| 2025-12-31 | $8.69M |
| 2025-09-30 | $7.55M |
| 2025-06-30 | $9.08M |
| 2025-03-31 | $10.36M |
| 2024-12-31 | $12.17M |
| 2024-09-30 | $22.38M |
| 2024-06-30 | $26.03M |
| 2024-03-31 | $30.02M |
| 2023-12-31 | $59.83M |
| 2023-09-30 | $44.95M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.