What is a yield curve ETF?

A yield curve ETF focuses on bonds from a particular maturity segment (short, intermediate, long) or uses a strategy tied to yield curve shape. The segment you choose drives duration and volatility.

Short-end ETFs are typically more stable but yield moves with policy rates. Long-end ETFs can be much more volatile and are sensitive to long-term inflation and growth expectations.

If you're using yield curve ETFs to position for rate moves, be clear on the thesis (steepening vs flattening, long rates vs short rates) and size the position accordingly. Bond ETFs can be powerful, but they can also move fast when rates reprice.