Quadratic Interest Rate Volatility and Inflation Hedge ETF(IVOL · ETF)
ETF quote, holdings, sector allocation, technicals, and options analytics.
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
- 52-Week Range
- $16.98 – $19.93
- YTD
- -10.59%
- IV Rank (30D)
- 37.63
- Straddle Price
- $1.65
Quadratic Interest Rate Volatility and Inflation Hedge ETF (IVOL) ETF
- Exchange
- ARCX
- Inception
- 2019-05-13
- Has Options
- Yes
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-08-28 | 2026-08-31 | $0.0519 | CD |
| 2026-07-30 | 2026-07-31 | $0.0522 | CD |
| 2026-06-29 | 2026-06-30 | $0.0524 | CD |
| 2026-05-28 | 2026-05-29 | $0.0536 | CD |
| 2026-04-29 | 2026-04-30 | $0.0552 | CD |
| 2026-03-30 | 2026-03-31 | $0.0561 | CD |
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| SCHP | Schwab Us Tips Etf | 76.90% | Equity (common) | US |
| — | USD CMS 2-10 04/14/2027 20 CAP E | 2.06% | Derivative (interest rate) | US |
| — | USD CMS 2-10 05/17/2028 55 CAP E | 1.62% | Derivative (interest rate) | US |
| — | USD CMS 2-10 12/09/2026 28 CAP E | 1.60% | Derivative (interest rate) | US |
| — | USD CMS 2-10 09/15/2027 50 CAP E | 1.49% | Derivative (interest rate) | US |
| — | USD CMS 2-10 09/15/2028 85 CAP E | 1.07% | Derivative (interest rate) | US |
| — | USD CMS 2-10 06/15/2027 70 CAP E | 0.65% | Derivative (interest rate) | US |
| — | USD CMS 2-10 06/24/2026 58 CAP E | 0.32% | Derivative (interest rate) | US |
| — | USD CMS 2-10 04/16/2026 53 CAP E | 0.20% | Derivative (interest rate) | US |
| Category | Weight | Value | Positions |
|---|---|---|---|
| Derivative (interest rate) | 9.02% | $45.0M | 8 |
| Month | Avg Return | Years of Data |
|---|---|---|
| Jan | -0.51% | 6 |
| Feb | -1.48% | 6 |
| Mar | +0.15% | 6 |
| Apr | +1.26% | 6 |
| May | -1.49% | 6 |
| Jun | -2.40% | 6 |
| Jul | +0.41% | 6 |
| Aug | -1.96% | 6 |
| Sep | -1.99% | 6 |
| Oct | -0.08% | 5 |
| Nov | -0.50% | 5 |
| Dec | -0.87% | 5 |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
LLM Stock Analysis Report: IVOL
Executive Summary:
Overall Assessment: NEUTRAL with confidence level 6/10 Key Drivers and Primary Risks: Volatility, inflation concerns, and market uncertainty will continue to drive IVOL's price action. Investment Thesis: IVOL is likely to consolidate around its current levels due to mixed technical signals and a lack of clear directional momentum. However, the options market suggests a potential move higher in the coming weeks. Recent News Sentiment Impact: Neutral news headlines have not significantly impacted IVOL's price, indicating that investors are focused on broader market trends rather than specific company news.
Technical Analysis:
Trend Direction:
- Short-term (1-4 weeks): Sideways
- Medium-term (1-3 months): Uptrend (above SMA 50 and SMA 200)
- Long-term (3-12 months): Downtrend (below SMA 200)
Support/Resistance Levels: $16.92 (lower Bollinger Band), $17.35 (SMA 20), and $18.32 (SMA 200) are key price levels to monitor.
Momentum Signals:
- RSI interpretation: Neutral (33.13)
- MACD signal: Bearish
- Bollinger Bands position: Squeeze
Volume Analysis: Volume has been trending downward, indicating a potential lack of institutional interest in IVOL.
News & Sentiment Analysis:
Recent Headlines Summary: Neutral news headlines have focused on broader market themes and macroeconomic trends rather than specific company developments.
Sentiment Assessment: Neutral sentiment prevails, with no significant impact from recent news.
Catalyst Identification: No near-term catalysts are identified, but the options market suggests a potential move higher in the coming weeks.
Market Narrative: The mixed technical signals and lack of directional momentum indicate that IVOL is likely to consolidate around its current levels until a clear trend emerges or a significant catalyst drives price action.
Risk & Volatility Assessment:
Beta Interpretation: Negative beta (-0.02) suggests that IVOL moves opposite to the broader market, increasing risk for investors seeking market correlation.
Volatility Regime: Historical volatility is relatively low (7.6-7.9%), indicating a calm market environment.
Options Market Signals:
- IV Rank: 37.6% (Medium)
- Current IV: 51.0%
- Expected Move: $1.65 (42 DTE)
Market Context & Positioning:
Sector Performance: Neutral sector performance, with no clear leadership or laggard trends.
Institutional Activity: No significant institutional activity is evident from the volume data.
Correlation Analysis: IVOL's negative beta indicates a lack of correlation with the broader market.
Relative Valuation: IVOL is trading around its historical average levels relative to other ETFs in the same sector.
Key Levels & Action Items:
Critical Price Levels: $16.92 (lower Bollinger Band), $17.35 (SMA 20), and $18.32 (SMA 200)
Breakout/Breakdown Levels: No significant technical levels are identified, but a breakout above the SMA 50 or SMA 200 could signal a potential uptrend.
Time-Sensitive Catalysts: No near-term catalysts are identified, but the options market suggests a potential move higher in the coming weeks.
Risk Management: A stop-loss level around $16.92 (lower Bollinger Band) and position sizing considerations should be taken into account to manage risk.
By analyzing IVOL's technical indicators, news sentiment, and risk metrics, we can conclude that this ETF is likely to consolidate around its current levels due to mixed signals and a lack of clear directional momentum. However, the options market suggests a potential move higher in the coming weeks, which investors should consider when making investment decisions.
- IV Rank (30D)
- 37.63
- IV Rank (7D)
- 56.8
- Avg IV
- 51.0%
- Straddle (30D)
- $1.65
- Straddle (7D)
- $1.05
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
- Beta (1Y vs SPY)
- -0.02
- Correlation (SPY)
- -3.5%
- R²
- 0.00
- Ann. Volatility
- 6.4%
- SPY Volatility
- 12.8%
Negative beta - stock moves opposite to market
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| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
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