American Century Diversified Corporate Bond ETF
$44.46−0.02 (−0.04%)
- 0.29%
- $942M
- −1.6%
- 5.32%
- 0.1M sh
- $44.42
- low $44.08high $48.16
The ETF.net KORP Grade
B
Score 67 out of 100
- 16 of 49
Score 67 of 100 falls in the B 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.C52 out of 100Rank 23 of 49Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 45Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C44 out of 100Rank 27 of 49Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A75 out of 100Rank 8 of 49Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B60 out of 100Rank 25 of 49Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B63 out of 100Rank 21 of 49
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
- 330
- 9%
- JPMorgan Chase & Co Sr Unsecured 04/36 Var
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.
Not enough history yet.
KORP$9,839
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 | KORP |
|---|---|
| Year to date | −2.2% |
| 1 month | −1.3% |
| 3 months | −2.7% |
| 1 year | −1.6% |
| 3 years | +5.4% |
| 5 years | +1.1% |
| 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 | −2.2% | |
| 2025 | +8.1% | |
| 2024 | +3.8% | |
| 2023 | +7.4% | |
| 2022 | −10.0% | |
| 2021 | −0.6% | |
| 2020 | +7.0% |
KORP in the news
Filings Digest
VanEck cuts its CLO ETF fee from 0.36% to 0.29%
KORP Dividends
- 5.32%
- $2.37
- $0.20 per share
- Monthly
Distribution history
KORP Risk
- 5.6%
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.
- 0.11
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.
- −14.3%
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
0.29%
KORP0.29%
- The middle half of Investment Grade Corporate funds
- Median 0.29%
22 of the 49 Investment Grade Corporate funds charge less.
Other funds in Investment Grade Corporate
- BAVGBAvantis Credit ETFExpense ratio 0.19%1 year return +0.4%
- BDGCBDimensional - Global Credit ETFExpense ratio 0.21%1 year return −0.7%
- BQIGWisdomTree U.S. Corporate Bond FundExpense ratio 0.18%1 year return −2.1%
- BPFIGInvesco Fundamental Investment Grade Corporate Bond ETFExpense ratio 0.22%1 year return −0.4%
- BMIGVanEck Moody’s Analytics IG Corporate Bond ETFExpense ratio 0.20%1 year return −2.3%