ActivePassive Core Bond ETF
$28.34−0.23 (−0.79%)
- Expense ratio
- 0.36%
- Fund size
- $995M
- 1Y return
- −0.0%
- Yield · Last 12 months
- 4.37%
- Volume · 30D
- 0.1M sh
- NAV per share
- $28.51
- 52W range
The ETF.net APCB Grade
Score 60 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 46Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 98Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 43Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 54Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 43Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 58Category rank
Our read on APCB
BA 2023 arrival in the crowded core bond aisle, built for current income with relatively low principal volatility, and priced at the category median rather than near the three-basis-point index giants.
The Fund seeks current income while maintaining relatively low principal volatility.
Why people hold it
- Runs tight to its stated job: current income with relatively low principal volatility. What the prospectus describes is what the portfolio has actually done.
- Pays monthly rather than quarterly, so the income arrives on a bill-paying rhythm.
- The 0.37% fee sits essentially at the core bond median of 0.36%, so the newer approach does not carry a premium price tag.
- Lands in the upper half of a core bond field nearly 200 funds deep, which is not nothing in the most commoditized corner of the ETF market.
Worth knowing
- Cost is the trade-off: BND, SPAB and SCHZ cover core bond duty at 0.03%, a fraction of this fund's 0.37%.
- Launched in 2023, so there is no long track record across a full rate cycle to lean on.
- Moderately traded, not a volume monster, so spreads deserve a look and limit orders are the usual tool.
APCB Holdings
- Bonds
- —
- 32%
- MBB
Sectors
- Technology100.0%
Geography
- United States100.00%
APCB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | APCB |
|---|---|
| Year to date | −1.2% |
| 1 month | −0.9% |
| 3 months | −1.7% |
| 1 year | −0.0% |
| 3 years | +4.2% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | APCB |
|---|---|---|
| 2026 YTD | −1.2% | |
| 2025 | +6.9% | |
| 2024 | +1.4% | |
| 2023 | +1.6% |
APCB in the news
ETF.net Research hasn’t filed on APCB yet — coverage lands here as it’s written.
APCB Dividends
- 4.37%
- $1.25
- $0.08 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 2, 2026 | $0.08 |
| Aug 3, 2026 | Aug 4, 2026 | $0.10 |
| Jul 1, 2026 | Jul 2, 2026 | $0.11 |
| Jun 1, 2026 | Jun 2, 2026 | $0.10 |
| May 1, 2026 | May 4, 2026 | $0.10 |
| Apr 1, 2026 | Apr 2, 2026 | $0.11 |
| Mar 2, 2026 | Mar 3, 2026 | $0.10 |
| Feb 2, 2026 | Feb 3, 2026 | $0.04 |
| Dec 23, 2025 | Dec 24, 2025 | $0.25 |
| Nov 28, 2025 | Dec 1, 2025 | $0.09 |
| Nov 3, 2025 | Nov 4, 2025 | $0.11 |
| Oct 1, 2025 | Oct 2, 2025 | $0.07 |
APCB Risk
- 5.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.11
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −6.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.96
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
APCB Cost
- The middle half of US Aggregate Bond funds
- Median 0.34%
61 of the 112 US Aggregate Bond funds charge less.