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DFVS offers a way for investors to establish short exposure to 5-year Treasury futures, making this tool a potentially useful product for those looking to make a precise bet against this corner of the bond market. Given this objective, this ETN probably doesn't belong in any long-term portfolio; DFVS is appropriate as a tactical tool for shorting Treasuries, but has no place in a buy-and-hold strategy. That doesn't mean that DFVS is simply a trading tool; it can be potentially handy in establishing longer term tactical positions as well.
There are several elements of this product that are worth noting. First, DFVS is an ETN, meaning that investors are exposed to the credit risk of the issuing institution but will avoid any tracking error that can arise when futures-based strategies are involved. That's important in this case, because another noteworthy element is the composition of the index to which DFVS is linked. That benchmark doesn't include Treasuries, but rather futures linked to debt of the U.S. government. That nuance can have an impact on the risk/return profile, and the appeal of this approach can vary based on the current environment.
One drawback of DFVS is a relatively high expense ratio. Investors looking for alternatives can examine the Inverse Bonds ETFdb Category, which includes options for exposure to long term (TBF) and short term (DTUS) Treasuries.
This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.
This section shows how the P/E multiple of this ETF compares to the peer group ETFdb.com Category.
This section shows how the dividend yield of this ETF compares to the peer group ETFdb.com Category.
View charts featuring ETF fund flow data.5 Day Net Flows: 0 1 Month Net Flows: 0 3 Month Net Flows: 27.07 K 6 Month Net Flows: 27.07 K 1 Year Net Flows: 27.07 K 3 Year Net Flows: 3.63 M 5 Year Net Flows: 1.12 M 10 Year Net Flows: 3.37 M
The adjacent table gives investors an individual Realtime Rating for DFVS on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Inverse Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.
DFVS does not have an ESG score. There are no ESG themes that map to this ETF.
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
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