FundNYSEARCASmart Betas

KraneShares Quadratic Interest Rate Volatility and Inflation Hedge ETF

IVOL NYSE Arca

IVOL is a first-of-its-kind ETF which is designed to hedge the risk of an increase in fixed income volatility and/or an increase in inflation expectations. It also seeks to profit from a steepening of the yield curve, whether that occurs via rising long-term interest rates or falling short term int...

17.06USD
−1.45 (−7.83%) 1 Year · close Oct 30

Hover to inspectDrag to measure a move← → to step through days

Dividend yield
3.82%
Trailing 12 months
Volatility · 1Y
7.8%
Above Average
Beta
-0.11
vs the market
52-week range
15.9818.82
01 Performance

How IVOL has paid off

Price return over every period, and total return with dividends reinvested, set against price alone.

Return by period

Price · to Oct 30
Subpar performance Select a period to update every chart on the page.

Total return vs price return

Price only
+3.5 pts
-15%-10%-5%0% IVOL −4.3% Price −7.8%

Over 1 year, IVOL returned −4.3% with dividends reinvested — dividends added +3.5 pts to the price move.

02 Risk

How bumpy is the ride?

Return only means something next to the risk taken to earn it. Volatility, drawdowns and market sensitivity over 1 year.

Volatility

Annualized · 1Y
7.8%Above Average

A typical year sees the price swing about ±8% around its trend.

Drawdown from peak

How far below its previous high the price has been
−15.1%
0%-9%−15.1%

Deepest fall −15.1% on Sep 23, 2026 — 306 days after the previous high
More than 5% below a high 48% of the time.

Market sensitivity

Beta
Market moves+10.0%
IVOL tends to move−1.1%

A beta of -0.11 means IVOL has moved less than the market.

Sharpe ratio -1.39 Return earned per unit of volatility
03 Technicals

Trend & momentum

Where the price sits against its moving averages, and how stretched the recent move is.

Price vs moving averages

Downtrend
17.06
  • 12-day average16.88 +1.1%
  • 26-day average16.85 +1.2%
  • 50-day average16.88 +1.0%
  • 200-day average17.39 −1.9%

The price is above 3 of 4 averages. The 50-day average is below the 200-day, a sign of a falling longer-term trend.

Relative strength (RSI)

Neutral
OversoldOverbought53.4

RSI compares recent gains with recent losses on a 0–100 scale. Above 70 a move is often considered stretched, below 30 washed out.

Technical indicators describe past prices. They are not a forecast.

04 Dividends

What it pays you

Cash distributions over the last twelve months, and how they have grown.

Dividend yield3.82%

About 38 USD a year for every 1,000 USD invested at today's price.

Per share
0.65
Last paid
Oct 29, 2026

Last 12 months

0.65 USD / share
0.06Nov 260.06Dec 300.06Jan 290.06Feb 260.06Mar 300.06Apr 290.05May 280.05Jun 290.05Jul 300.05Aug 280.05Sep 290.05Oct 29
06 Profile

About KraneShares Quadratic Interest Rate Volatility and Inflation Hedge ETF

IVOL is a first-of-its-kind ETF which is designed to hedge the risk of an increase in fixed income volatility and/or an increase in inflation expectations. It also seeks to profit from a steepening of the yield curve, whether that occurs via rising long-term interest rates or falling short term interest rates, which are historically associated with large equity market declines. What makes IVOL unique is that it is long interest rate volatility via its access to the OTC fixed income options market. No other active or passive ETF has provided its investors access to this market before. This access is the key to IVOL’s many applications and allows it to potentially benefit from normalization of the yield curve while seeking to provide inflation-protection.

  • Featured in 3 curated themes
Ticker
IVOL
Exchange
NYSE Arca
ISIN
US5007677363
CUSIP
500767736
Currency
U.S. Dollar (USD)
Country
USA
Sector
Smart Betas
Industry
Long-Term Rate Volatility
All key statistics

Details

NameKraneShares Quadratic Interest Rate Volatility and Inflation Hedge ETF
TickerIVOL
ISINUS5007677363
CUSIP500767736
ExchangeNYSEARCA
CategorySmart Betas
Sub CategoryLong-Term Rate Volatility
CountryUSA
CurrencyU.S. Dollar
Inception DateMay 13, 2019
Benchmark-

Shareas of Oct 30, 2026

Close Price USD17.06
52W Low / High 15.98 / 18.82
1Y Total Return-4.46%
Subpar
1Y Volatility7.88%
Above Average
Beta-0.11
12M Dividends0.65176
Last Dividend DateOct 29, 2026
Dist. Frequency-
Dividend Yield3.82%

Dataas of Nov 3, 2026

AUM-
Discount/Premium-
NAV-
Shares Outstanding-
Volume 20D Avg-
Nbr of Holdings-
Risk Rank-
Net Expense-
Options available-
Next step

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Data for information only, not investment advice. Past performance does not guarantee future results.