Global X - Intermediate-Term Treasury Ladder ETF
$47.27+0.00 (+0.00%)
- Expense ratio
- 0.12%
- Fund size
- $9M
- 1Y return
- −1.2%
- Yield · Last 12 months
- 3.96%
- Holdings
- 68
- Volume · 30D
- 0M sh
- NAV per share
- $47.26
- 52W range
The ETF.net MLDR Grade
Score 57 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 50Category 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 54Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 15Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 61Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 26Category rank
Our read on MLDR
BOne ticker instead of a homemade bond ladder. MLDR follows an index that spreads US Treasuries across maturity rungs from 3 to 10 years and rolls them forward as they age. Pays monthly, costs 0.12% a year.
The fund seeks to track, before fees and expenses, the price and yield performance of the FTSE US Treasury 3-10 Years Laddered Bond Index.
Why people hold it
- At 0.12% a year, it undercuts the median intermediate Treasury fund in its group (0.15%).
- The laddered index keeps maturities spread across the 3-to-10-year range, so bonds roll off and get reinvested on a rolling schedule rather than all at once.globalxetfs.com
- US government paper only, no corporate credit, roughly 70 positions, and cash goes out monthly. What's on the tin is what's in the fund.globalxetfs.com
Worth knowing
- Plain market-weighted rivals are cheaper: SPTI and SCHR both run 0.03%. The ladder construction is what the extra buys.
- A small, thinly traded fund, so bid-ask spreads can run wider than the category's giants. Order size and order type matter more here.
- Launched in 2024, so there's not yet a long record to judge it across a full rate cycle.
MLDR Holdings
- Bonds
- 68
- 37%
- T 4 1/4 11/15/34 (BRK14Z4)
Geography
- United States100.00%
MLDR 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 | MLDR |
|---|---|
| Year to date | −2.2% |
| 1 month | −1.4% |
| 3 months | −1.5% |
| 1 year | −1.2% |
| 3 years | — |
| 5 years | — |
| 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 | MLDR |
|---|---|---|
| 2026 YTD | −2.2% | |
| 2025 | +7.2% | |
| 2024 | −3.6% |
MLDR in the news
ETF.net Research hasn’t filed on MLDR yet — coverage lands here as it’s written.
MLDR Dividends
- 3.96%
- $1.87
- $0.16 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.16 |
| Aug 3, 2026 | Aug 6, 2026 | $0.16 |
| Jul 1, 2026 | Jul 7, 2026 | $0.16 |
| Jun 1, 2026 | Jun 4, 2026 | $0.16 |
| May 1, 2026 | May 6, 2026 | $0.16 |
| Apr 1, 2026 | Apr 7, 2026 | $0.16 |
| Mar 2, 2026 | Mar 5, 2026 | $0.16 |
| Feb 2, 2026 | Feb 5, 2026 | $0.16 |
| Dec 30, 2025 | Jan 7, 2026 | $0.15 |
| Dec 1, 2025 | Dec 8, 2025 | $0.15 |
| Nov 3, 2025 | Nov 10, 2025 | $0.15 |
| Oct 1, 2025 | Oct 8, 2025 | $0.15 |
MLDR Risk
- 3.9%
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.
- −0.64
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.
- −4.6%
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.
- 0.04
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MLDR Cost
- The middle half of Treasuries (3-10 Year) funds
- Median 0.14%
8 of the 18 Treasuries (3-10 Year) funds charge less.