Market Tracker

10/02 12:32pm ET

iPath® US Treasury Steepener ETN (STPP)

36.59
Data as of 11:23am ET
 -0.0792 / -0.22%
Today’s Change
35.73
Today|||52-Week Range
42.05
-12.98%
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+1.34% 3 years-4.59%
3 months-2.67% 5 years--
1 year-7.90% Since inception-7.29%
Data through 10/02/2014

Quote Details

Previous close$36.67
Open day’s range36.55 – 36.75
Net asset value (NAV)36.54 (10/01/2014)
Daily volume9,831
Average volume (3 months)5,948
Data as of 11:23am ET, 10/02/2014

Peer Comparisonvs. Trading-miscellaneous ETFs

 STPPCategory
Performance 5-yr return---2.37%
Expense Gross exp ratio0.75%0.82%
Risk 5 year sharpe ratio---0.04
Net assets$10.9M$55.5M
Average market cap--$69.8B
Average P/E--18.3
Dividend / Share--0.22%

Competitors

SPGH UBS ETRACS S&P 500 Gold Hedged Index ETN
FLAT iPath® US Treasury Flattener ETN
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.