American Century Diversified Corporate Bond ETF
$45.02−0.42 (−0.94%)
- Expense ratio
- 0.29%
- Fund size
- $949M
- 1Y return
- +0.3%
- Yield · Last 12 months
- 5.22%
- Holdings
- 320
- Volume · 30D
- 0.1M sh
- NAV per share
- $45.42
- 52W range
The ETF.net KORP Grade
Score 67 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 53Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 45Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 78Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 52Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 64Category rank
Our read on KORP
BMost corporate-bond ETFs just clone an index. KORP is run by people: an investment-grade core with a dial that can turn toward high yield, held in a three- to seven-year duration lane.
Seeks current income by emphasizing investment-grade debt and dynamically allocating part of the portfolio to high-yield debt. The strategy uses active fundamental and quantitative analysis and generally maintains three- to seven-year duration.
Why people hold it
- Actively managed, not a tracker. Investment-grade core plus a sleeve that shifts into high-yield debt, a lever index funds in this category don't have.res.americancentury.com
- Generally runs a three- to seven-year duration, parking rate sensitivity in the intermediate zone instead of the long end.res.americancentury.com
- The portfolio does what the name says: roughly 400 corporate bonds, global in reach, with a stated monthly income schedule.americancentury.com
- Live since 2018 and sitting in the upper half of a crowded investment-grade corporate field, which is more than most active bond ETFs manage.
Worth knowing
- 0.29% a year is above the category median and many times what index heavyweights like VCIT and SPBO charge. The manager's judgment is the thing you're buying.
- That high-yield allocation can push credit risk past a pure investment-grade portfolio. Flexibility cuts both ways.res.americancentury.com
- Volume is moderate rather than heavyweight, so spreads can run wider than the most-traded names in the corporate-bond aisle.
KORP Holdings
- Bonds
- 320
- 12%
- SSC GOVERNMENT MM GVMXX
Sectors
- Financials100.0%
Geography
- United States100.00%
KORP 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 | KORP |
|---|---|
| Year to date | −0.6% |
| 1 month | −0.4% |
| 3 months | −1.5% |
| 1 year | +0.3% |
| 3 years | +5.7% |
| 5 years | +1.3% |
| 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 | KORP |
|---|---|---|
| 2026 YTD | −0.6% | |
| 2025 | +8.1% | |
| 2024 | +3.8% | |
| 2023 | +7.4% | |
| 2022 | −10.0% | |
| 2021 | −0.6% | |
| 2020 | +7.0% |
KORP in the news
ETF.net Research hasn’t filed on KORP yet — coverage lands here as it’s written.
KORP Dividends
- 5.22%
- $2.37
- $0.17 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 4, 2026 | Sep 8, 2026 | $0.17 |
| Aug 6, 2026 | Aug 10, 2026 | $0.21 |
| Jul 7, 2026 | Jul 9, 2026 | $0.20 |
| Jun 4, 2026 | Jun 8, 2026 | $0.19 |
| May 6, 2026 | May 8, 2026 | $0.18 |
| Apr 7, 2026 | Apr 9, 2026 | $0.21 |
| Mar 5, 2026 | Mar 9, 2026 | $0.19 |
| Feb 5, 2026 | Feb 9, 2026 | $0.21 |
| Dec 16, 2025 | Dec 18, 2025 | $0.24 |
| Dec 1, 2025 | Dec 3, 2025 | $0.18 |
| Nov 3, 2025 | Nov 5, 2025 | $0.20 |
| Oct 1, 2025 | Oct 3, 2025 | $0.20 |
KORP Risk
- 5.4%
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.
- 0.19
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.
- −14.7%
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.
- 0.90
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
KORP Cost
- The middle half of Investment Grade Corporate funds
- Median 0.30%
22 of the 49 Investment Grade Corporate funds charge less.