Market Tracker

07/23 6:05pm ET

iPath US Treasury Steepener ETN (STPP)

36.64
Data as of Jul 23
 -0.0399 / -0.11%
Today’s Change
36.48
Today|||52-Week Range
42.64
-12.87%
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 Index™. The Barclays US Treasury 2Y/10Y Yield Curve Index™ (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-3.41% 3 years-9.86%
3 months-7.93% 5 years--
1 year-6.56% Since inception-7.62%
Data through 07/23/2014

Quote Details

Previous close$36.68
Open day’s range36.48 – 36.64
Net asset value (NAV)36.56 (07/22/2014)
Daily volume780
Average volume (3 months)5,943
Data as of 3:59pm ET, 07/23/2014

Peer Comparisonvs. Trading-miscellaneous ETFs

 STPPCategory
Performance 5-yr return---2.37%
Expense Gross exp ratio0.75%0.82%
Risk 5 year sharpe ratio---0.02
Net assets$20.6M$49.9M
Average market cap--$41.1B
Average P/E--19.0
Dividend / Share--0.21%

Competitors

SPGH UBS E-TRACS S&P 500 Gold Hedged Index ET...
BARL Morgan Stanley S&P 500® Crude Oil Linke...
UUPT PowerShares DB 3x Long US Dollar Index F...

Holdings

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