Simplify Treasury Option Income ETF is marketed as a cash-plus, ultra-short duration fund but carries significant hidden interest rate risk. BUCK's effective duration is 4.98 years, far above category ...

The ETF invests in U.S. dollar-denominated, investment-grade corporate bonds with maturities of less than five years. It has an effective duration of 2 years and a granular portfolio of over 2600 ...

Average effective duration is a measure of a portfolio's interest rate sensitivity. The longer the fund's duration, the more sensitive it is to shifts in interest rates. Duration is formula that ...

Key rate duration measures a bond's sensitivity to shifts in interest rates at specific maturity points along the yield curve ...