Northern Trust Credit-Scored US Long Corporate Bond ETF
$39.18−0.70 (−1.75%)
- Expense ratio
- 0.16%
- Fund size
- $32M
- 1Y return
- −2.8%
- Yield · Last 12 months
- 5.95%
- Holdings
- 839
- Volume · 30D
- 0M sh
- NAV per share
- $39.84
- 52W range
The ETF.net LKOR Grade
Score 56 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 47Category 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 41Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 25Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 45Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 55Category rank
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
- 839
- 11%
- CASH
Geography
- United States92.24%
- United Kingdom2.29%
- Canada2.12%
- Singapore0.56%
- Japan0.50%
- Netherlands0.41%
- Australia0.37%
- Ireland0.34%
- 1.16%
LKOR 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 | LKOR |
|---|---|
| Year to date | −2.4% |
| 1 month | +0.3% |
| 3 months | −3.4% |
| 1 year | −2.8% |
| 3 years | +4.6% |
| 5 years | −3.5% |
| 10 years | +1.7% |
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 | −2.4% | |
| 2025 | +7.0% | |
| 2024 | −1.0% | |
| 2023 | +11.6% | |
| 2022 | −25.6% | |
| 2021 | −1.5% | |
| 2020 | +16.0% |
LKOR in the news
ETF.net Research hasn’t filed on LKOR yet — coverage lands here as it’s written.
LKOR Dividends
- 5.95%
- $2.37
- $0.18 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 8, 2026 | $0.18 |
| Aug 3, 2026 | Aug 7, 2026 | $0.20 |
| Jul 1, 2026 | Jul 8, 2026 | $0.20 |
| Jun 1, 2026 | Jun 5, 2026 | $0.21 |
| May 1, 2026 | May 7, 2026 | $0.20 |
| Apr 1, 2026 | Apr 7, 2026 | $0.20 |
| Mar 2, 2026 | Mar 6, 2026 | $0.17 |
| Feb 2, 2026 | Feb 6, 2026 | $0.25 |
| Dec 19, 2025 | Dec 26, 2025 | $0.20 |
| Dec 1, 2025 | Dec 5, 2025 | $0.19 |
| Nov 3, 2025 | Nov 7, 2025 | $0.18 |
| Oct 1, 2025 | Oct 7, 2025 | $0.19 |
LKOR Risk
- 11.5%
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.
- −34.8%
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
- 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.