# Quadratic Deflation ETF (BNDD)

> Source: Nexqual · https://nexqual.com/BNDD · data as of 2026-10-23 17:40 UTC · cite as "Nexqual, Quadratic Deflation ETF (BNDD), nexqual.com/BNDD" · informational, not investment advice.

**Price:** USD 97.65 (+0.20% on the day) · last close of Oct 23, 2026; US market after hours, not a live price. Prev close 97.46 · day 97.65–98.04 · 52w 93.76–102.28 · market cap null · PCX

## Key facts
- Total return with dividends: 1Y -0.3% vs S&P 500 +13.4%; 5Y -21.8% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -0.3% | -21.8% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -0.3% | -4.8% |
| Volatility (annualized) | 10.2% | 11.7% |
| Max drawdown | -7.2% (Jun 2026→Oct 2026) | -30.5% (Nov 2021→Aug 2025) |

## Peers
IVOL (Quadratic Interest Rate Volatil) USD 17.11 +0.65% · PINK (Simplify Health Care ETF) USD 39.64 -0.59% · PFIX (Simplify Interest Rate Hedge ET) USD 57.42 +0.74% · BTAL (AGF U.S. Market Neutral Anti-Be) USD 13.3 -0.08% · IIGD (Invesco Investment Grade Defens) USD 23.96 -0.08%

## More
Full page: https://nexqual.com/BNDD · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2027-01-15 | 84 | 15.6% | ±6.0% |
| 2027-04-16 | 175 | 15.1% | ±8.3% |