Category Review
Municipal bond funds are down for the year after a third-quarter selloff erased the first-half gain
3EDGE Dynamic Fixed Income ETF
$24.350.00 (0.00%)
- 0.79%
- $576M
- +0.9%
- 3.23%
- 0.1M sh
- $24.34
- low $24.27high $25.07
The ETF.net EDGF Grade
D
Score 29 out of 100
- 108 of 117
Score 29 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F6 out of 100Rank 110 of 117Mission
Whether the fund did what it promised, tested against its stated mandate.F10 out of 100Rank 101 of 101Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A74 out of 100Rank 11 of 116Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B58 out of 100Rank 38 of 117Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C40 out of 100Rank 88 of 116Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D38 out of 100Rank 88 of 117
Our read on EDGF
DMost bond funds buy an index and sit still. EDGF is a basket of other bond ETFs that a quant momentum model reshuffles across sectors, hunting income wherever it turns up.
The Fund seeks high current income. It dynamically invests across multiple fixed-income sectors through selected ETFs, with allocations adjusted using a quantitative and dual-momentum process.
Why people hold it
- One ticket, many bond sectors: a quantitative dual-momentum process moves the money around instead of leaving you to rotate Treasuries and credit yourself.
- Built around high current income as the stated goal, with distributions paid on a quarterly schedule.
- Trading activity is respectable for a fund this young, so ordinary-size orders generally don't require special handling.
Worth knowing
- At 0.80% a year, the fee runs more than double the typical aggregate-bond fund, and index rivals like BND and SPAB charge 0.03%.
- It launched in October 2024, so the model has a short live record and hasn't run through many rate environments.
- Holdings are designed to move. The sector mix today says little about next quarter, which is the trade you make for index-style predictability.
EDGF Holdings
- Bonds
- 12
- 100%
- SPIP
Sectors
- Financials100.0%
Geography
- United States100.00%
EDGF Performance
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.
EDGF$10,088
Returns run to the Oct 12, 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 | EDGF |
|---|---|
| Year to date | +0.7% |
| 1 month | −0.2% |
| 3 months | −0.4% |
| 1 year | +0.9% |
| 3 years | — |
| 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 | EDGF |
|---|---|---|
| 2026 YTD | +0.7% | |
| 2025 | +4.4% | |
| 2024 | −1.4% |
EDGF in the news
EDGF Dividends
- 3.23%
- $0.79
- $0.20 per share
- Quarterly
Distribution history
EDGF Risk
- 1.7%
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.
- −1.02
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.
- −1.6%
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.
- 0.03
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
EDGF Cost
0.79%
EDGF0.79%
- The middle half of US Aggregate Bond funds
- Median 0.34%
105 of the 113 US Aggregate Bond funds charge less.
Other funds in US Aggregate Bond
- DPRIVState Street IG Public & Private Credit ETFExpense ratio 0.55%1 year return −1.6%
- DBDRussell Investments Core Plus Bond ETFExpense ratio 0.39%1 year return —
- DLVIGLongview Advantage Fixed Income ETFExpense ratio 0.49%1 year return —
- DABXBAbacus Flexible Bond Leaders ETFExpense ratio 0.83%1 year return +0.1%
- DTPFIThe Timothy Plan - Timothy Plan Fixed Income ETFExpense ratio 0.55%1 year return —