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Launched

TCW Core Plus Bond ETF

FIXTNYSETCWC

$36.55+0.05 (+0.14%)

As of Nov 2, 2026, 3:58 PM ET

C50/ 100

Rank 82 of 116 in US Aggregate Bond

C50/100Rank 82 of 116inUS Aggregate Bond
Intraday session: up, 75 prints from 36.50 to 36.55. Range 36.48 to 36.59. Use the arrow keys to read each point.36.4836.5236.5810 AM12 PM2 PM4 PM
Expense ratio
0.40%
Fund size
$252M
1Y total return
−0.2%
Yield · Last 12 months
5.51%
Holdings
647
Avg volume · 30D
36.7K sh
52W range
low $35.65high $38.86
Launched

The ETF.net FIXT Grade

C

Score 50 out of 100

Category
US Aggregate Bond⁠
Rank
82 of 116
Six-pillar profile for FIXT. Scores out of 100: Cost 36, Risk 36, Mission 91, Tradability 44, Holdings 25, Durability 53. Strongest: Mission (91). Weakest: Holdings (25). Leans toward Mission.

Score 50 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.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D36 out of 100
    Rank 67 of 115

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A91 out of 100
    Rank 75 of 100

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D36 out of 100
    Rank 93 of 116

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C44 out of 100
    Rank 70 of 116

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D25 out of 100
    Rank 107 of 115

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C53 out of 100
    Rank 64 of 116

Our read on FIXT

ETF.net Research

In short

CAn active core-plus bond fund that reaches for return outside the Agg while keeping duration within about a year of it. TCW's desk picks the sectors; the interest-rate exposure stays close to the benchmark.

Stated mandate

FIXT is an actively managed core-plus bond ETF seeking consistent income and strong returns with modest risk. Its strategy uses benchmark-aware sector allocation while keeping duration within approximately one year of the benchmark.

Why people hold it

  • Core-plus with a leash: it can range beyond the Bloomberg U.S. Aggregate for yield, but duration stays within roughly a year of the index, so it isn't a big rate bet.
  • At 0.40%, it undercuts several active funds measured against the same index, including DBND (0.45%), SIFI (0.50%) and FTBD (0.55%).
  • Pays monthly and spreads the work across roughly 600 bonds, so income arrives on a steady cadence rather than in quarterly lumps.
  • Inception dates to 2002, meaning the strategy has run through multiple rate cycles, not just the post-2020 ETF boom.

Worth knowing

  • You pay 0.40% here against 0.03% at plain Agg trackers like BND, AGG and SPAB. The manager's sector calls carry that difference.
  • Small and thinly traded, so spreads can be wider than the giants of the category. Limit orders are the usual habit with funds like this.
  • In a peer group stacked with three-basis-point index funds, it lands in the lower half overall; the case rests on active credit and sector work.

FIXT Holdings

Holdings pillarD25 out of 100Rank 107 of 115 in US Aggregate Bond
Asset class
Bonds
Holdings
647
Top-10 weight
42%
Largest holding
Us Treasury N/B 09/28 4.7512.2%

Sectors

  • Government41.0%
  • Securitized38.5%
  • Corporate20.5%
  • Municipal0.0%

Geography

  • United States98.68%
  • Australia0.95%
  • France0.21%
  • Germany0.12%
  • Hong Kong0.04%
The fund’s holdings, weight-ordered — page 1 of 44.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataUs Treasury N/B 09/28 4.7512.23%30,699,000$30.8M45
2No dataUs Treasury N/B 09/31 55.70%14,219,000$14.3M42
3No dataUs Treasury N/B 08/36 4.6254.55%11,773,000$11.5M54
4No dataUs Dollar4.14%10,424,121$10.4M222
5No dataUnited States Treasury Note/Bo 10/33 4.8753.69%9,285,000$9.28M15
6No dataTcw Central Cash Fund Tcw Central Cash Fund Inst3.00%7,558,125$7.56M8
7No dataUs Treasury N/B 08/56 5.1252.75%7,121,000$6.92M41
8No dataFnma Tba 30 Yr 4.5 Single Family Mortgage2.20%6,025,000$5.55M37
9No dataFnma Tba 30 Yr 3.5 Single Family Mortgage1.89%5,475,000$4.76M41
10No dataFnma Tba 30 Yr 4 Single Family Mortgage1.83%5,150,000$4.6M35
11No dataFnma Pool MA4733 Fn 09/52 Fixed 4.51.70%4,598,833$4.29M19
12No dataFnma Pool MA4562 Fn 03/52 Fixed 21.61%5,233,752$4.04M21
13No dataFnma Tba 30 Yr 5 Single Family Mortgage1.56%4,150,000$3.93M44
14No dataFnma Tba 30 Yr 5.5 Single Family Mortgage1.53%3,950,000$3.85M54
15No dataUnited States Treasury Note 10/31 4.751.48%3,725,000$3.72M22

Showing 1–15 of 647 holdings

FIXT Performance

Launched Jun 28, 2002

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.
FIXT$9,979
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. FIXT $9,979. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 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 FIXT. Periods over one year show the average yearly return.
PeriodFIXT
Year to date−0.5%
1 month+2.4%
3 months−0.3%
1 year−0.2%
3 yearsper year+15.3%
5 yearsHistory unavailableper yearNo data
10 yearsHistory unavailableper 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 FIXT
YearReturn barFIXT
2026 YTD−0.5%
2023+26.7%
2022−1.9%

History from Jun 1, 2022

FIXT in the news

FIXT Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
5.51%Last 12 months
Payout per share
$2.02Last 12 months
Last payment
$0.14 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2025–2026

One bar per payment. 16 payments from 2025 to 2026 YTD. Jul 1, 2025 $0.13; Aug 1, 2025 $0.13; Sep 2, 2025 $0.15; Oct 1, 2025 $0.21; Nov 3, 2025 $0.21; Dec 1, 2025 $0.21; Dec 17, 2025 $0.20; Feb 2, 2026 $0.18; Mar 2, 2026 $0.18; Apr 1, 2026 $0.18; May 1, 2026 $0.16; Jun 1, 2026 $0.14; Jul 1, 2026 $0.14; Aug 3, 2026 $0.14; Sep 1, 2026 $0.14; Oct 1, 2026 $0.14. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 4, 2026$0.14
Oct 1, 2026Oct 5, 2026$0.14
Sep 1, 2026Sep 3, 2026$0.14
Aug 3, 2026Aug 5, 2026$0.14
Jul 1, 2026Jul 6, 2026$0.14
Jun 1, 2026Jun 3, 2026$0.14
May 1, 2026May 5, 2026$0.16
Apr 1, 2026Apr 6, 2026$0.18
Mar 2, 2026Mar 4, 2026$0.18
Feb 2, 2026Feb 4, 2026$0.18
Dec 17, 2025Dec 19, 2025$0.20
Dec 1, 2025Dec 3, 2025$0.21

See all 17 payments⁠

$10,000 in FIXT 3 years ago paid $997 in dividends.⁠

FIXT Risk

Risk pillarD36 out of 100Rank 93 of 116 in US Aggregate Bond
How much the fund’s monthly returns vary, scaled to a year.
13.0%
Annualised · 28 months to Oct 2026
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.
1.28
vs 3-month T-bills · 28 months to Oct 2026
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.
−20.4%
44 months · trough Sep 2022
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.
0.75
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.

FIXT Cost

Compare FIXT and BKAG

Overpaying vs BKAG, cheapest in US Aggregate Bond

$8,090

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

  • FIXT 0.40%

    $8,090

  • BKAG 0.00% Cheapest

    $0

$10,000
30 years

Cost over time

  • FIXT 0.40%
  • BKAG 0.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530FIXT $8,090BKAG $0

Year by year

YearFIXTBKAGOverpaying
10$723$0$723
20$2,793$0$2,793
30$8,090$0$8,090

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