Expense Ratio
The annual fee the ETF charges, deducted daily from NAV. A 0.05% ratio costs you $5/year per $10,000 invested, over 30 years that's the difference between a great fund and a mediocre one.
Learn more →Under normal circumstances, the advisor invests at least 80% of the fund’s net assets (plus borrowings for investment purposes) in corporate bonds. The fund primarily invests in corporate bonds maturing in the year 2027, which may include bonds with embedded issuer call options falling within that year. The fund is non-diversified.
Historically, Jan has averaged the highest return (+0.4%); Dec the lowest (-0.5%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.3%Neutral MonthJan 2026: +0.34% | -0.0%Neutral MonthFeb 2026: -0.01% | -0.5%Neutral MonthMar 2026: -0.50% | +0.1%Neutral MonthApr 2026: +0.06% | -0.3%Neutral MonthMay 2026: -0.34% | -0.1%Neutral MonthJun 2026: -0.12% | +0.3%Neutral MonthJul 2026: +0.33% | — | — | — | — | — |
| 2025 | +0.5%Neutral MonthJan 2025: +0.51% | +0.3%Neutral MonthFeb 2025: +0.33% | +0.1%Neutral MonthMar 2025: +0.08% | +0.2%Neutral MonthApr 2025: +0.20% | -0.2%Neutral MonthMay 2025: -0.16% | +0.3%Neutral MonthJun 2025: +0.29% | -0.2%Neutral MonthJul 2025: -0.17% | +0.4%Neutral MonthAug 2025: +0.40% | +0.1%Neutral MonthSep 2025: +0.13% | -0.0%Neutral MonthOct 2025: -0.05% | +0.0%Neutral MonthNov 2025: +0.04% | -0.2%Neutral MonthDec 2025: -0.22% |
| 2024 | — | — | — | — | — | — | — | — | — | -0.6%Neutral MonthOct 2024: -0.62% | +0.2%Neutral MonthNov 2024: +0.22% | -0.7%Neutral MonthDec 2024: -0.68% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 3 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
| YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|
| -0.23% | +0.03% | - | - |
Net expense ratio reflects fee waivers and reimbursements actually paid by investors. Gross is the full management cost.
Rule-based from financial data. Not advice.
The Weight column shows how much of the ETF's assets sit in each constituent. The Allocation bar scales each weight to the largest position so you can see relative concentration at a glance, and the Cumul. column tracks the running total, a fast read on how top-heavy this ETF is. The top 10 holdings account for 19.9% of assets. Click any constituent name to open its US stock detail page.
📖 Learn: Diversification & Asset Allocation →| # | Holding | Sector | Allocation | Weight | Cumul. |
|---|---|---|---|---|---|
| 1 | SBA COMMUNICATIONS CORP SR UNSECURED 02/27 3.875SBA COMMUNICATIONS CORP SR UNSECURED 02/27 3.875 | Fixed Income / Cash | 3.31% | 3.3% | |
| 2 | GENERAL MOTORS CO SR UNSECURED 10/27 6.8GENERAL MOTORS CO SR UNSECURED 10/27 6.8 | Fixed Income / Cash | 2.32% | 5.6% | |
| 3 | ARCELORMITTAL SA SR UNSECURED 11/27 6.55ARCELORMITTAL SA SR UNSECURED 11/27 6.55 | Fixed Income / Cash | 2.08% | 7.7% | |
| 4 | SANTANDER HOLDINGS USA SR UNSECURED 07/27 4.4SANTANDER HOLDINGS USA SR UNSECURED 07/27 4.4 | Fixed Income / Cash | 1.93% | 9.6% | |
| 5 | LAS VEGAS SANDS CORP SR UNSECURED 06/27 5.9LAS VEGAS SANDS CORP SR UNSECURED 06/27 5.9 | Fixed Income / Cash | 1.85% | 11.5% | |
| 6 | PARAMOUNT GLOBAL COMPANY GUAR 01/27 2.9PARAMOUNT GLOBAL COMPANY GUAR 01/27 2.9 | Fixed Income / Cash | 1.76% | 13.2% | |
| 7 | HCA INC COMPANY GUAR 02/27 4.5HCA INC COMPANY GUAR 02/27 4.5 | Fixed Income / Cash | 1.75% | 15.0% | |
| 8 | BAYER CORP/NJ SR UNSECURED 144A 02/28 6.65BAYER CORP/NJ SR UNSECURED 144A 02/28 6.65 | Fixed Income / Cash | 1.73% | 16.7% | |
| 9 | L3HARRIS TECH INC SR UNSECURED 01/27 5.4L3HARRIS TECH INC SR UNSECURED 01/27 5.4 | Fixed Income / Cash | 1.63% | 18.4% | |
| 10 | T MOBILE USA INC COMPANY GUAR 04/27 3.75T MOBILE USA INC COMPANY GUAR 04/27 3.75 | Fixed Income / Cash | 1.53% | 19.9% | |
| 11 | FORD MOTOR CREDIT CO LLC SR UNSECURED 03/27 5.8FORD MOTOR CREDIT CO LLC SR UNSECURED 03/27 5.8 | Fixed Income / Cash | 1.44% | 21.3% | |
| 12 | ROYALTY PHARMA PLC COMPANY GUAR 09/27 1.75ROYALTY PHARMA PLC COMPANY GUAR 09/27 1.75 | Fixed Income / Cash | 1.37% | 22.7% | |
| 13 | BANK OF AMERICA CORP SR UNSECURED 04/28 VARBANK OF AMERICA CORP SR UNSECURED 04/28 VAR | Fixed Income / Cash | 1.33% | 24.0% | |
| 14 | BAT CAPITAL CORP COMPANY GUAR 04/27 4.7BAT CAPITAL CORP COMPANY GUAR 04/27 4.7 | Fixed Income / Cash | 1.32% | 25.3% | |
| 15 | FS KKR CAPITAL CORP SR UNSECURED 01/27 2.625FS KKR CAPITAL CORP SR UNSECURED 01/27 2.625 | Fixed Income / Cash | 1.31% | 26.7% | |
| 16 | DEUTSCHE BANK NY 02/28 VARDEUTSCHE BANK NY 02/28 VAR | Fixed Income / Cash | 1.26% | 27.9% | |
| 17 | PHILIP MORRIS INTL INC SR UNSECURED 11/27 5.125PHILIP MORRIS INTL INC SR UNSECURED 11/27 5.125 | Fixed Income / Cash | 1.18% | 29.1% | |
| 18 | RTX CORP SR UNSECURED 05/27 3.125RTX CORP SR UNSECURED 05/27 3.125 | Fixed Income / Cash | 1.16% | 30.3% | |
| 19 | DIAMONDBACK ENERGY INC COMPANY GUAR 04/27 5.2DIAMONDBACK ENERGY INC COMPANY GUAR 04/27 5.2 | Fixed Income / Cash | 1.13% | 31.4% | |
| 20 | WELLS FARGO + COMPANY SR UNSECURED 04/28 VARWELLS FARGO + COMPANY SR UNSECURED 04/28 VAR | Fixed Income / Cash | 1.10% | 32.5% | |
| Total (top 20) | 32.5% | ||||
The annual fee the ETF charges, deducted daily from NAV. A 0.05% ratio costs you $5/year per $10,000 invested, over 30 years that's the difference between a great fund and a mediocre one.
Learn more →Total money the ETF manages. Larger AUM usually means tighter bid-ask spreads and lower closure risk. ETFs under $50M are sometimes liquidated by the issuer.
Learn more →Net Asset Value, the per-share value of everything the ETF owns minus what it owes, calculated end-of-day. The trading price can drift slightly above (premium) or below (discount) NAV during the day.
Learn more →How closely the ETF's returns match its benchmark. Index ETFs aim for near-zero tracking error; high tracking error in an index fund usually signals fees, sampling, or poor management.
Learn more →Capital gain + reinvested dividends. The headline price chart only shows the price part, total return is what you actually pocket, and is the only fair way to compare ETFs across asset classes.
Learn more →Under normal circumstances, the advisor invests at least 80% of the fund’s net assets (plus borrowings for investment purposes) in corporate bonds. The fund primarily invests in corporate bonds maturing in the year 2027, which may include bonds with embedded issuer call options falling within that year. The fund is non-diversified.
US ETF data is for educational purposes only. Past performance does not guarantee future returns. Exchange-traded funds carry market risk and may lose value. Read the prospectus and consult a registered investment advisor before investing. Equiscale does not provide investment advice.