Northern Trust Credit-Scored US Corporate Bond ETF
$46.870.00 (−0.01%)
- 0.16%
- $995M
- −0.1%
- 4.78%
- 0.1M sh
- $46.82
- low $46.52high $49.53
The ETF.net SKOR Grade
A
Score 76 out of 100
- 10 of 49
Score 76 of 100 falls in the A 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.B68 out of 100Rank 15 of 49Mission
Whether the fund did what it promised, tested against its stated mandate.A93 out of 100Rank 30 of 45Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B63 out of 100Rank 8 of 49Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A84 out of 100Rank 7 of 49Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A77 out of 100Rank 14 of 49Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A73 out of 100Rank 12 of 49
Our read on SKOR
AMost investment-grade corporate funds buy the index and move on. SKOR runs issuers through quality and value screens first, then spreads the result across roughly 1,600 bonds.
The Fund seeks to provide pre-fee investment results generally corresponding to the price and yield performance of the Northern Trust US Corporate Bond Quality Value Index.
Why people hold it
- The screen is the whole point: it tracks the Northern Trust US Corporate Bond Quality Value Index, which ranks issuers on credit quality and value rather than taking the market as-is.flexshares.com
- 0.16% a year, under the median investment-grade corporate bond ETF, which is unusual for a fund layering factor screens on top of plain index exposure.
- Roughly 1,600 corporate bonds in the portfolio, with income paid out monthly.
- Live since 2014 and still doing the job on the tin: a rules-based fund that delivers the advertised quality-value credit screen, with no style drift.
Worth knowing
- Plain-vanilla peers cost less: VCIT charges 0.03% and USIG 0.04% to own the corporate market without the screens.
- Moderately traded rather than one of the category's giants, so bid-ask spreads can run wider than the biggest investment-grade names.
- Screening for quality does not erase bond math: prices still move with interest rates and credit spreads.
SKOR Holdings
- Bonds
- 1,326
- 7%
- Cash
Geography
- United States87.99%
- Canada5.29%
- United Kingdom3.50%
- Luxembourg0.69%
- Japan0.51%
- Ireland0.46%
- Bermuda0.38%
- Australia0.38%
- 0.80%
SKOR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SKOR$9,986
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 | SKOR |
|---|---|
| Year to date | −1.2% |
| 1 month | −0.5% |
| 3 months | −1.6% |
| 1 year | −0.1% |
| 3 years | +5.7% |
| 5 years | +1.5% |
| 10 years | +2.6% |
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 | SKOR |
|---|---|---|
| 2026 YTD | −1.2% | |
| 2025 | +8.0% | |
| 2024 | +4.4% | |
| 2023 | +7.6% | |
| 2022 | −9.9% | |
| 2021 | −1.4% | |
| 2020 | +8.8% |
SKOR in the news
Filings Digest
VanEck cuts its CLO ETF fee from 0.36% to 0.29%
SKOR Dividends
- 4.78%
- $2.24
- $0.16 per share
- Monthly
Distribution history
SKOR Risk
- 4.1%
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.
- 0.22
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.
- −14.4%
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.
- 0.67
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SKOR Cost
0.16%
SKOR0.16%
- The middle half of Investment Grade Corporate funds
- Median 0.29%
11 of the 49 Investment Grade Corporate funds charge less.
Other funds in Investment Grade Corporate
- AVCEBVanguard ESG U.S. Corporate Bond ETFExpense ratio 0.12%1 year return −2.4%
- ALQDBiShares BBB Rated Corporate Bond ETFExpense ratio 0.15%1 year return −1.6%
- ASUSCiShares ESG Aware USD Corporate Bond ETFExpense ratio 0.18%1 year return −2.2%
- AFEIGNorthern Trust ESG & Climate Investment Grade Corporate Core ETFExpense ratio 0.13%1 year return −2.5%
- AIIGDInvesco Investment Grade Defensive ETFExpense ratio 0.13%1 year return +0.2%