Market Tracker

04/25 4:03am ET

iPath US Treasury Steepener ETN (STPP)

39.39
Data as of Apr 24
 -0.25 / -0.63%
Today’s Change
32.88
Today|||52-Week Range
42.64
-6.33%
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+0.80% 3 years-9.79%
3 months-0.76% 5 years--
1 year+18.25% Since inception-6.22%
Data through 04/24/2014

Quote Details

Previous close$39.64
Open day’s range-- – --
Net asset value (NAV)39.42 (04/23/2014)
Daily volume619
Average volume (3 months)3,726
Data as of 04/24/2014

Peer Comparisonvs. Trading-miscellaneous ETFs

 STPPCategory
Performance 5-yr return---2.83%
Expense Gross exp ratio0.75%0.82%
Risk 5 year sharpe ratio---0.04
Net assets$19.8M$45.6M
Average market cap--$32.7B
Average P/E--18.7
Dividend / Share--0.21%

Competitors

SPGH UBS E-TRACS S&P 500 Gold Hedged Index ET...
FLAT iPath US Treasury Flattener ETN
URR Market Vectors Double Long Euro ETN

Holdings

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