Skip to content
etf.net

FIXT

GradeCNew York Stock Exchange

TCW Core Plus Bond ETF

Core US Bond · TCW · Inception 2002-06-28

$36.34−0.34 (−0.91%)

As of Sep 23, 2026, 2:38 PM EDT

History starts Jun 1, 2022.
Intraday session: down, 22 prints from 36.67 to 36.34. Range 36.32 to 36.59. Use the arrow keys to read each point.$36.30$36.40$36.50$36.6010 AM12 PM2 PM4 PM
Expense ratio
0.40%
Fund size
$242M
1Y return
+0.3%
Yield · Last 12 months
5.70%
Holdings
630
Volume · 30D
0M sh
NAV per share
$36.62
52W range
low $36.51high $39.35

The ETF.net FIXT Grade

C

52/ 100

Rank 77 of 118 in US Aggregate Bond⁠

Confidence High

Six-pillar profile for FIXT. Scores out of 100: Cost 36, Risk 53, Mission 88, Tradability 40, Holdings 34, Durability 52. Strongest: Mission (88). Weakest: Holdings (34). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 52 of 100 sits in the C 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.
    DScore 36
    Category rank73/118 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 88
    Category rank76/100 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 53
    Category rank44/117 · top 38%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 40
    Category rank79/118 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 34
    Category rank94/117 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 52
    Category rank68/118 · mid-pack

Graded as of Sep 22, 2026

Our read on FIXT

ETF.net Research

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

  1. 01Core-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.
  2. 02At 0.40%, it undercuts several active funds measured against the same index, including DBND (0.45%), SIFI (0.50%) and FTBD (0.55%).
  3. 03Pays monthly and spreads the work across roughly 600 bonds, so income arrives on a steady cadence rather than in quarterly lumps.
  4. 04Inception dates to 2002, meaning the strategy has run through multiple rate cycles, not just the post-2020 ETF boom.

Worth knowing

  1. 01You pay 0.40% here against 0.03% at plain Agg trackers like BND, AGG and SPAB. The manager's sector calls carry that difference.
  2. 02Small and thinly traded, so spreads can be wider than the giants of the category. Limit orders are the usual habit with funds like this.
  3. 03In 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

As of Sep 20, 2026, 7:35 AM
Asset class
Bonds
Holdings
630
Top-10 weight
44%
Largest holding
US TREASURY N/B 08/28 4.12513.6%

Sectors

  • Health Care100.0%

Geography

  • United States98.52%
  • Australia1.05%
  • France0.23%
  • Germany0.08%
  • Egypt0.07%
  • Hong Kong0.05%
The fund’s holdings, weight-ordered — page 1 of 41.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—US TREASURY N/B 08/28 4.12513.55%33,219,000$33M43
002—US TREASURY N/B 08/31 4.3756.79%16,773,000$16M32
003—US TREASURY N/B 08/33 4.54.20%10,415,000$10M23
004—US TREASURY N/B 08/36 4.6253.91%9,721,000$9M36
005—FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE3.49%9,400,000$8M35
006—FNMA TBA 30 YR 3.5 SINGLE FAMILY MORTGAGE3.17%8,800,000$8M37
007—US TREASURY N/B 08/56 5.1252.98%7,396,000$7M41
008—US DOLLAR2.22%5,397,050$5M223
009—FNMA TBA 30 YR 4.5 SINGLE FAMILY MORTGAGE2.14%5,625,000$5M39
010—FNMA POOL MA4733 FN 09/52 FIXED 4.51.79%4,639,576$4M19
011—FNMA POOL MA4562 FN 03/52 FIXED 21.68%5,265,407$4M21
012—TCW PRIVATE ASSET INCOME FUND TCW PRIVATE ASSET INCOME I1.49%361,835$4M2
013—FNMA TBA 30 YR 2.5 SINGLE FAMILY MORTGAGE1.28%3,850,000$3M33
014—GNMA II TBA 30 YR 4 JUMBOS1.26%3,425,000$3M28
015—FNMA TBA 30 YR 5 SINGLE FAMILY MORTGAGE1.24%3,175,000$3M42

Showing 1–15 of 605 holdings

FIXT Performance

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

FIXT$10,031
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. FIXT $10,031. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for FIXT. Periods over one year show the average yearly return.
PeriodFIXT
Year to date−0.8%
1 month−1.0%
3 months−1.3%
1 year+0.3%
3 years+12.1%per year
5 yearsHistory unavailable—per year
10 yearsHistory unavailable—per year

As of the close, 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−0.8%
2023+26.7%
2022−1.9%

History from Jun 1, 2022

FIXT in the news

ETF.net Research hasn’t filed on FIXT yet — coverage lands here as it’s written.

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 Sep 22, 2026.
5.70%Last 12 months
Payout per share
$2.09Last 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. 15 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. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
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
Nov 3, 2025Nov 5, 2025$0.21
Oct 1, 2025Oct 3, 2025$0.21

FIXT Risk

How much the fund’s monthly returns vary, scaled to a year.
14.8%
Annualised · 28 months to Aug 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.
0.74
vs 3-month T-bills · 28 months to Aug 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%
43 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.

FIXT Cost

Expense ratio0.40%
  • The middle half of US Aggregate Bond funds
  • Median 0.34%

73 of the 112 US Aggregate Bond funds charge less.

FIXT costs $40.00 a year on $10,000. The median US Aggregate Bond fund costs $34.00.