TER
0.30% p.a.
Distribution policy
Accumulating
Replication
Swap-based
Fund size
74 m
Overview
Description
The Ossiam US Steepener UCITS ETF 1C (USD) seeks to track the Solactive US Treasury Yield Curve Steepener 2-5 vs 10-30 index. The Solactive US Treasury Yield Curve Steepener 2-5 vs 10-30 index tracks the performance of a strategy whose returns are directly linked to changes in the US treasury yield curve.
Leverage strategy
Chart
Basics
Data
| Index | Solactive US Treasury Yield Curve Steepener 2-5 vs 10-30 |
| Investment focus | Bonds, USD, United States, Government, All maturities |
| Fund size | GBP 74 m |
| Total expense ratio | 0.30% p.a. |
| Replication | Synthetic (Swap-based) |
| Legal structure | ETF |
| Strategy risk | Leverage |
| Sustainability | No |
| Fund currency | USD |
| Currency risk | Currency unhedged |
| Volatility 1 year (in GBP) | 7.78% |
| Inception/ Listing Date | 1 August 2019 |
| Distribution policy | Accumulating |
| Distribution frequency | - |
| Fund domicile | Luxembourg |
| Fund Provider | Ossiam |
| Fund Structure | Company With Variable Capital (SICAV) |
| UCITS compliance | Yes |
| Administrator | State Street Bank International GmbH, Luxembourg Branch |
| Investment Advisor | |
| Custodian Bank | State Street Bank International GmbH |
| Revision Company | Deloitte Audit S.A.R.L |
| Fiscal Year End | 31 December |
| Swiss representative | CACEIS Investor Services Bank S.A., Esch-sur-Alzette, Zweigniederlassung Zürich |
| Swiss paying agent | CACEIS Investor Services Bank S.A., Esch-sur-Alzette, Zweigniederlassung Zürich |
| Germany | No tax rebate |
| Switzerland | No ESTV Reporting |
| Austria | Non-Tax Reporting Fund |
| UK | No UK Reporting |
| Indextype | Total return index |
| Swap counterparty | Barclays PLC |
| Collateral manager | State Street Bank |
| Securities lending | No |
| Securities lending counterparty |
Similar ETFs
This section provides you with information on other ETFs with a similar investment focus to the Ossiam US Steepener UCITS ETF 1C (USD).
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Performance
Returns overview
| YTD | +3.52% |
| 1 month | +3.06% |
| 3 months | +4.35% |
| 6 months | +3.57% |
| 1 year | +1.51% |
| 3 years | +4.29% |
| 5 years | +1.65% |
| Since inception (MAX) | -5.09% |
| 2023 | -3.95% |
| 2022 | +6.30% |
| 2021 | -0.07% |
| 2020 | -2.39% |
Monthly returns in a heat map
Risk
Risk metrics in this section:
- Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
- Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
- Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
Risk overview
| Volatility 1 year | 7.78% |
| Volatility 3 years | 10.80% |
| Volatility 5 years | 10.51% |
| Return per risk 1 year | 0.19 |
| Return per risk 3 years | 0.13 |
| Return per risk 5 years | 0.03 |
| Maximum drawdown 1 year | -4.92% |
| Maximum drawdown 3 years | -21.12% |
| Maximum drawdown 5 years | -21.12% |
| Maximum drawdown since inception | -21.12% |
Rolling 1 year volatility
Stock exchange
Listings
| Listing | Trade Currency | Ticker | Bloomberg / iNAV Bloomberg Code | Reuters RIC / iNAV Reuters | Market Maker |
|---|---|---|---|---|---|
| gettex | EUR | USTP | - - | - - | - |
| Stuttgart Stock Exchange | EUR | USTP | - - | - - | - |
| SIX Swiss Exchange | USD | USTP | |||
| SIX Swiss Exchange | EUR | - | USTP SW USTPUSIV | ||
| XETRA | USD | USTP | USTP GY | ||
| XETRA | EUR | USTP | USTP GY USTPUSIV |
Further information
Further ETFs with similar investment focus
| Fund name | Fund Size in m € (AuM) | TER p.a. | Distribution | Replication |
|---|---|---|---|---|
| Vanguard USD Treasury Bond UCITS ETF Accumulating | 1,329 | 0.07% p.a. | Accumulating | Sampling |
| Xtrackers II US Treasuries UCITS ETF 1D | 1,236 | 0.06% p.a. | Distributing | Sampling |
| Vanguard USD Treasury Bond UCITS ETF Distributing | 557 | 0.07% p.a. | Distributing | Sampling |
| Invesco US Treasury Bond UCITS ETF Dist | 365 | 0.06% p.a. | Distributing | Sampling |
| SPDR Bloomberg US Treasury Bond UCITS ETF | 349 | 0.15% p.a. | Distributing | Sampling |
Frequently asked questions
What is the name of USTP?
The name of USTP is Ossiam US Steepener UCITS ETF 1C (USD).
What is the ticker of Ossiam US Steepener UCITS ETF 1C (USD)?
The primary ticker of Ossiam US Steepener UCITS ETF 1C (USD) is USTP.
What is the ISIN of Ossiam US Steepener UCITS ETF 1C (USD)?
The ISIN of Ossiam US Steepener UCITS ETF 1C (USD) is LU1965301184.
What are the costs of Ossiam US Steepener UCITS ETF 1C (USD)?
The total expense ratio (TER) of Ossiam US Steepener UCITS ETF 1C (USD) amounts to 0.30% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.
What's the fund size of Ossiam US Steepener UCITS ETF 1C (USD)?
The fund size of Ossiam US Steepener UCITS ETF 1C (USD) is 74m GBP. See the following article for more information about the size of ETFs.
— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH. Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.