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Launched · SEC filings

Wayfinder Dynamic U.S. Interest Rate ETF

CMBONasdaqC

$102.15+0.05 (+0.05%)

At close: Nov 2, 2026, 4:00 PM ET

C40/ 100

Rank 67 of 78 in Cash & Ultra-Short Income

C40/100Rank 67 of 78inCash & Ultra-Short Income
Intraday session: up, 78 prints from 102.10 to 102.15. Range 102.13 to 102.16. Use the arrow keys to read each point.102.11102.12102.13102.14102.1610 AM12 PM2 PM4 PM
Expense ratio
0.15%*
Fund size
$3M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
3
Avg volume · 30D
559 sh
52W range
low $100.01high $103.57
Launched
Filings
SEC EDGAR

*After a fee waiver that ends Dec 31, 2026. Without it: 0.35%.

The ETF.net CMBO Grade

C

Score 40 out of 100

Category
Cash & Ultra-Short Income⁠
Rank
67 of 78
Six-pillar profile for CMBO. Scores out of 100: Cost 66, Risk 55, Mission 100, Tradability 18, Holdings 42, Durability 8. Strongest: Mission (100). Weakest: Durability (8). Leans toward Mission.

Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
60
This cap took
−20
Published Score
40 Grade C

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B66 out of 100
    Rank 23 of 78

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 67

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B55 out of 100
    Rank 20 of 75

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F18 out of 100
    Rank 71 of 78

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C42 out of 100
    Rank 60 of 77

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F8 out of 100
    Rank 77 of 78

Our read on CMBO

ETF.net Research

In short

CMost bond funds pick a duration and live with it. CMBO is actively run to roam across fixed-income sectors, maturities and credit quality using bond ETFs and rate derivatives, at a 0.15% fee.

Stated mandate

The Fund seeks total return through an actively managed strategy focused primarily on fixed-income ETFs and derivatives referencing fixed-income instruments or indices. Its exposure may span multiple fixed-income sectors, maturities, durations, and quality levels.

Why people hold it

  • 0.15% a year for an active mandate, well under the typical fee in its bond peer group.
  • Duration is a dial, not a fixed setting: the manager can shift across sectors, maturities and quality tiers using fixed-income ETFs and rate derivatives.
  • What it holds lines up closely with the fixed-income exposure its prospectus describes, so there is no drift between the pitch and the portfolio.

Worth knowing

  • A small fund that trades thinly. Spreads can be wide, so limit orders matter more here than in the giant core bond ETFs.
  • Launched in November 2025, so there is no long record showing how the manager handles a full rate cycle.
  • Index-tracking rivals like BND and SCHZ charge 0.03%. The extra fee here buys flexibility, and outcomes ride on the manager's rate and sector calls.

CMBO Performance

Launched Nov 4, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
CMBO$10,332
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,169
Dec 31, 2025 to Oct 30, 2026. CMBO $10,332. SPY $11,169. Use the arrow keys to read each point.$10,000$11,000Dec 2025Jun 2026Oct 2026

Dec 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for CMBO. Periods over one year show the average yearly return.
PeriodCMBO
Year to date+3.3%
1 month+0.4%
3 months+1.0%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for CMBO
YearReturn barCMBO
2026 YTD+3.3%
2025+0.5%

Since listing, Nov 4, 2025

CMBO in the news

CMBO Dividends

Last payment
$1.97 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2026

One bar per payment. 1 payment in 2026 YTD. Sep 16, 2026 $1.97. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 16, 2026Sep 17, 2026$1.97

CMBO Risk

Risk pillarB55 out of 100Rank 20 of 75 in Cash & Ultra-Short Income
How much the fund’s monthly returns vary, scaled to a year.
Launched Nov 2025; fills in after 12 months
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.

Return above 3-month US Treasury bills per unit of volatility.
Launched Nov 2025; fills in after 12 months
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.

The largest fall from a peak to the low that followed.
Launched Nov 2025; fills in after 12 months
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.

How strongly the fund’s returns move with its asset-class index.
−0.002
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

CMBO Cost

Compare CMBO and XHLF

Overpaying vs XHLF, tied cheapest in Cash & Ultra-Short Income

$2,499

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CMBO 0.15%

    $3,137

  • XHLF 0.03% Tied cheapest

    $638

$10,000
30 years

Cost over time

  • CMBO 0.15%
  • XHLF 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530CMBO $3,137XHLF $638

Year by year

YearCMBOXHLFOverpaying
10$274$55$219
20$1,071$216$855
30$3,137$638$2,499
How the 0.15% is worked out

Full fee 0.35%− waiver 0.20%= you pay 0.15%

The waiver ends Dec 31, 2026. After that the fee is 0.35% unless Wayfinder renews it. Source: prospectus, Oct 2025.

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