Madison Short Term Strategic Income ETF
$19.960.00 (0.00%)
- 0.36%
- $48M
- +2.1%
- 5.40%
- 1.69K sh
- low $19.60high $20.75
The ETF.net MSTI Grade
B
Score 67 out of 100
- 6 of 25
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.A92 out of 100Rank 2 of 25Mission
Whether the fund did what it promised, tested against its stated mandate.B65 out of 100Rank 8 of 14Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B69 out of 100Rank 8 of 25Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F24 out of 100Rank 23 of 25Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A76 out of 100Rank 6 of 25Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C52 out of 100Rank 13 of 25
Our read on MSTI
In short
BMadison's mandate here fits on one line: a high level of current income from short-dated bonds, paid out monthly. Compact portfolio, roughly 100 positions, at a fee that sits under the typical bond ETF in its peer group.
Stated mandate
The Fund seeks to generate a high level of current income.
Why people hold it
Worth knowing
MSTI 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.Not enough history yet.
MSTI$10,206
Returns run to the Nov 2, 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 | MSTI |
|---|---|
| Year to date | +1.1% |
| 1 month | +1.5% |
| 3 months | +0.5% |
| 1 year | +2.1% |
| 3 years | +5.5% |
| 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 | MSTI |
|---|---|---|
| 2026 YTD | +1.1% | |
| 2025 | +6.4% | |
| 2024 | +4.8% | |
| 2023 | +4.1% |
MSTI in the news
MSTI Dividends
- 5.40%
- $1.08
- $0.09 per share
- Monthly
MSTI Risk
- 2.7%
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.
- 0.45
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.
- −1.7%
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.
- 0.10
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
MSTI Cost
Overpaying vs VGMS, cheapest in Multi-Sector Bond Income
$1,171
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
MSTI 0.36%
$7,320
VGMS 0.30% Cheapest
$6,149
Cost over time
Year by year
| Year | MSTI | VGMS | Overpaying |
|---|---|---|---|
| 10 | $652 | $545 | $107 |
| 20 | $2,522 | $2,113 | $409 |
| 30 | $7,320 | $6,149 | $1,171 |
Other funds in Multi-Sector Bond Income
- AXAGGEaton Vance Strategic Income Opportunities ETFExpense ratio 0.50%1 year return
- BTMBThornburg Multi Sector Bond ETFExpense ratio 0.55%1 year return +1.2%
- BTMSFT. Rowe Price Multi-Sector Income ETFExpense ratio 0.41%1 year return
- BGCPBGoldman Sachs ETF TrustExpense ratio 0.35%1 year return
- BVMSBVoya Multi-Sector Income ETFExpense ratio 0.45%1 year return