Northern Trust Credit-Scored US Long Corporate Bond ETF
$38.31+0.02 (+0.05%)
- 0.16%
- $31M
- −6.7%
- 6.23%
- 0M sh
- $38.22
- low $37.61high $44.34
The ETF.net LKOR Grade
B
Score 57 out of 100
- 5 of 7
Score 57 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.C47 out of 100Rank 4 of 7Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 7Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D38 out of 100Rank 7 of 7Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D36 out of 100Rank 5 of 7Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C46 out of 100Rank 5 of 7Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B55 out of 100Rank 4 of 7
Our read on LKOR
BMost corporate bond funds hand the biggest weights to the biggest borrowers. LKOR flips that: it scores issuers on credit quality and value first, then builds a long-dated US corporate portfolio from what survives the screen.
The Fund seeks to track, before fees and expenses, the Northern Trust US Long Corporate Bond Quality Value Index.
Why people hold it
- The index ranks issuers on credit quality and value rather than weighting by who owes the most, then spreads the result across roughly 800 long-dated corporate bonds.flexshares.com
- 0.16% a year, below the typical investment-grade corporate bond ETF, for a screened portfolio instead of a straight market-weighted one.
- Pays monthly, and has run the same quality-and-value playbook on long US corporate credit since 2015.flexshares.com
Worth knowing
- Long maturities are the whole point here, and they swing harder on rate moves than short or intermediate corporate bond funds do.
- A small fund that trades thinly, so bid-ask spreads can widen and sizeable orders can push the price around.
- Broad plain-vanilla peers such as VCIT and USIG charge a fraction of this; the difference is what the credit screen costs.
LKOR Holdings
- Bonds
- 773
- 10%
- Cash
Geography
- United States91.75%
- Canada2.37%
- United Kingdom2.05%
- Singapore0.64%
- Japan0.61%
- Mexico0.48%
- Ireland0.47%
- Netherlands0.42%
- 1.20%
LKOR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
LKOR$9,332
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 | LKOR |
|---|---|
| Year to date | −5.7% |
| 1 month | −2.4% |
| 3 months | −5.1% |
| 1 year | −6.7% |
| 3 years | +5.0% |
| 5 years | −3.4% |
| 10 years | +1.4% |
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 | LKOR |
|---|---|---|
| 2026 YTD | −5.7% | |
| 2025 | +7.0% | |
| 2024 | −1.0% | |
| 2023 | +11.6% | |
| 2022 | −25.6% | |
| 2021 | −1.5% | |
| 2020 | +16.0% |
LKOR in the news
LKOR Dividends
- 6.23%
- $2.39
- $0.20 per share
- Monthly
Distribution history
LKOR Risk
- 11.4%
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.
- 0.01
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.
- −34.6%
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.
- 1.94
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
LKOR Cost
0.16%
LKOR0.16%
- The middle half of Investment Grade Corporate (10+ Year) funds
- Median 0.15%
4 of the 7 Investment Grade Corporate (10+ Year) funds charge less.
Other funds in Investment Grade Corporate (10+ Year)
- AVCLTVanguard Long-Term Corporate Bond ETFExpense ratio 0.03%1 year return −6.2%
- ASPLBState Street SPDR Portfolio Long Term Corporate Bond ETFExpense ratio 0.04%1 year return −6.4%
- BZTENF/M 10-Year Investment Grade Corporate Bond EtfExpense ratio 0.15%1 year return −2.7%
- CBBBLBondBloxx BBB Rated 10+ Year Corporate Bond ETFExpense ratio 0.19%1 year return −6.0%
- CPCLPGIM ETF Trust - PGIM Corporate Bond 10+ Year ETFExpense ratio 0.25%1 year return −6.3%