Market Tracker

10/22 6:06pm ET

iPath® US Treasury Steepener ETN (STPP)

35.85
Data as of 2:58pm ET
 +0.12 / +0.34%
Today’s Change
34.54
Today|||52-Week Range
42.05
-14.74%
Year-to-Date

Investment Objective

The iPath ® US Treasury Steepener ETN is designed to provide investors with exposure to the Barclays US Treasury 2Y/10Y Yield Curve Indexâ„¢. The Barclays US Treasury 2Y/10Y Yield Curve Indexâ„¢ (the "Index") employs a strategy that seeks to capture returns that are potentially available from a "steepening" or "flattening", as applicable, of the U.S. Treasury yield curve through a notional rolling investment in U.S. Treasury note futures contracts. The level of the Index is designed to increase in response to a "steepening" of the yield curve and to decrease in response to a "flattening" of the yield curve.

Performance

1 month-4.61% 3 years-6.55%
3 months-2.16% 5 years--
1 year-8.37% Since inception-7.65%
Data through 10/22/2014

Quote Details

Previous close$35.73
Open day’s range35.85 – 35.85
Net asset value (NAV)35.80 (10/21/2014)
Daily volume321
Average volume (3 months)6,321
Data as of 2:58pm ET, 10/22/2014

Peer Comparisonvs. Trading-miscellaneous ETFs

 STPPCategory
Performance 5-yr return---2.46%
Expense Gross exp ratio0.75%0.82%
Risk 5 year sharpe ratio---0.04
Net assets$11.1M$54.9M
Average market cap--$65.8B
Average P/E--17.7
Dividend / Share--0.22%

Competitors

SPGH UBS ETRACS S&P 500 Gold Hedged Index ETN
UUPT PowerShares DB 3x Long US Dollar Index F...
FLAT iPath® US Treasury Flattener ETN

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.