IVOL Performance — Quadratic Interest Rate Volatility and Inflation Hedge ETF
Data updated: 2026-08-28
IVOL returned −7.86% year to date and −8.15% over one year to Jun 2026. Annualised returns are −2.19% over 3 years and −5.56% over 5 years. The fund trailed its US Multi-Cap category average: $100 invested three years ago grew to $94, against $119 for the category, and to $92 over one year, against $110. Volatility over the past three years was 8.58% a year. In the 12 months to Jun 2026 the fund lost a net $153.9M, and assets reached $275.79M.
IVOL Growth of $100
What $100 invested in Quadratic Interest Rate Volatility and Inflation Hedge 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 | IVOL | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $92 | $110 |
| 3 years (Jul 2023 – Jun 2026) | $94 | $119 |
| 5 years (Jul 2021 – Jun 2026) | $75 | $111 |
| Since data start (Jul 2019 – Jun 2026) | $86 | $127 |
IVOL Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −7.86% |
| 1 year | −8.15% |
| 3 years (annualised) | −2.19% |
| 5 years (annualised) | −5.56% |
IVOL Annual Returns
Calendar-year total returns of Quadratic Interest Rate Volatility and Inflation Hedge ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | −7.86% |
| 2025 | +11.73% |
| 2024 | −10.92% |
| 2023 | −5.39% |
| 2022 | −12.75% |
| 2021 | −0.09% |
| 2020 | +14.75% |
| 2019 (Jul–Dec) | −0.33% |
IVOL 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 | −2.1% | +1.0% | −0.6% | −2.6% | −2.8% | −1.0% | — | — | — | — | — | — |
| 2025 | +2.6% | +2.6% | +0.7% | +0.4% | −2.4% | +7.8% | −2.8% | +4.7% | −1.9% | −0.6% | +0.8% | −0.4% |
| 2024 | −2.3% | −4.8% | −0.5% | +0.6% | +0.9% | −3.0% | +0.2% | +2.1% | +2.6% | −0.3% | −2.1% | −4.7% |
| 2023 | +8.2% | −3.9% | −2.8% | −7.7% | −1.8% | +1.2% | +0.5% | +0.3% | −0.1% | +0.5% | −0.5% | +1.2% |
| 2022 | −3.7% | +1.0% | −1.6% | −0.2% | −0.6% | +1.1% | −6.4% | −6.7% | +1.3% | −2.1% | +2.8% | +2.0% |
| 2021 | +1.0% | 0.0% | +1.7% | −3.0% | +0.5% | +0.6% | −0.3% | −0.5% | +2.4% | −0.5% | −0.5% | −1.3% |
| 2020 | +1.6% | +1.0% | +1.0% | +1.4% | +1.6% | +1.5% | −0.7% | +2.3% | +0.6% | +2.3% | +0.4% | +0.7% |
| 2019 | — | — | — | — | — | — | −1.6% | +1.3% | −1.0% | +1.2% | −0.2% | 0.0% |
IVOL Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 8.58%
- 3-year Sharpe ratio: -0.78 (vs 4.5% risk-free rate)
- Best month: +7.83% (Jun 2025)
- Worst month: −4.79% (Feb 2024)
IVOL Fund Flows
Monthly money in and out of Quadratic Interest Rate Volatility and Inflation Hedge ETF, from SEC Form N-PORT.
- 12-month net flow: −$153.9M
- 12-month gross sales (incl. reinvestments): $227.1M
- Sales ÷ redemptions: 0.60×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $3.7M | $136.7M | −$133.0M |
| May 2026 | $2.3M | $17.0M | −$14.8M |
| Apr 2026 | $0 | $29.3M | −$29.3M |
| Mar 2026 | $3.3M | $16.1M | −$12.8M |
| Feb 2026 | $8.0M | $0 | $8.0M |
| Jan 2026 | $15.5M | $20.1M | −$4.6M |
| Dec 2025 | $36.9M | $2.4M | $34.5M |
| Nov 2025 | $16.4M | $39.3M | −$22.9M |
| Oct 2025 | $135.4M | $67.8M | $67.7M |
| Sep 2025 | $18.5M | $12.7M | $5.8M |
| Aug 2025 | −$96.3M | $23.1M | −$119.4M |
| Jul 2025 | $83.3M | $16.5M | $66.8M |
IVOL Assets Under Management
Net assets of Quadratic Interest Rate Volatility and Inflation Hedge ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $275.79M |
| 2026-03-31 | $477.21M |
| 2025-12-31 | $499.45M |
| 2025-09-30 | $425.75M |
| 2025-06-30 | $347.01M |
| 2025-03-31 | $477.78M |
| 2024-12-31 | $456.79M |
| 2024-09-30 | $754.92M |
| 2024-06-30 | $651.15M |
| 2024-03-31 | $790.56M |
| 2023-12-31 | $930.32M |
| 2023-09-30 | $914.34M |
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.