Skip to content
etf.net

SMTH

GradeCNew York Stock Exchange Arca

ALPS Funds Smith Core Plus Bond ETF

ALPS Funds · Inception 2023-12-05

$24.82−0.21 (−0.86%)

As of Sep 23, 2026, 3:05 PM EDT

History starts Dec 6, 2023.
Intraday session: down, 68 prints from 25.04 to 24.82. Range 24.79 to 24.99. Use the arrow keys to read each point.$24.80$24.85$24.90$24.95$25.0010 AM12 PM2 PM4 PM
Expense ratio
0.59%
Fund size
$3.0B
1Y return
+2.4%
Yield · Last 12 months
Data unavailable
Holdings
789
Volume · 30D
0.4M sh
NAV per share
$25.28
52W range
low $25.25high $26.47

The ETF.net SMTH Grade

C

50/ 100

Confidence High

Six-pillar profile for SMTH. Scores out of 100: Cost 13, Risk 45, Mission 99, Tradability 49, Holdings 37, Durability 65. Strongest: Mission (99). Weakest: Cost (13). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 50 of 100 sits in the C 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.
    FScore 13
    —

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 99
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 45
    —

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 49
    —

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 37
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 65
    —

Graded as of Aug 18, 2026

Our read on SMTH

ETF.net Research

CA hands-on core-plus bond fund run with Gibson Smith's boutique, not a rules-based index sleeve. It roams past the plain Agg for income and price gains, and charges boutique-manager pricing to do it.

Stated mandate

The Fund seeks above-average total return through a combination of current income and capital appreciation.

Why people hold it

  1. 01Real named-manager active bonds: Gibson Smith has 30-plus years in fixed income, including a decade as fixed income CIO at Janus Henderson, and his shop co-manages the fund.alpsfunds.com
  2. 02The mandate is broad by design: at least 80% of net assets in bonds, spread across roughly 800 positions, with room to reach beyond plain Treasury-and-Agg exposure.alpsfunds.com
  3. 03Pays monthly, so income arrives on a steady cadence rather than in quarterly lumps.
  4. 04The portfolio does what the label says, a US-focused core-plus bond book, and it gathered billions in assets within a couple of years of its December 2023 launch.

Worth knowing

  1. 010.59% a year sits above the typical core bond fund's 0.36% and towers over index anchors like BND and SPAB at 0.03%. Active management has to earn that gap.
  2. 02The fund itself only dates to December 2023, so there is no full rate cycle of its own record to study, just the managers' prior careers.alpsfunds.com
  3. 03Moderately traded rather than a volume leader in the bond aisle, so limit orders are the sane default.

SMTH Holdings

As of Aug 19, 2026, 3:00 AM
Asset class
Stocks
Holdings
789
Top-10 weight
39%
Largest holding
United States Treasury Bonds 4.375 05/15/20366.8%

Sectors

  • Energy100.0%

Geography

  • United States96.66%
  • Canada0.97%
  • Switzerland0.81%
  • Cayman Islands0.57%
  • Denmark0.44%
  • Saudi Arabia0.36%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—United States Treasury Bonds 4.375 05/15/20366.83%—$206M—
002—United States Treasury Notes 3.375 02/29/20285.04%—$152M—
003—United States Treasury Notes 4.125 10/31/20293.91%—$118M—
004—United States Treasury Bonds 4.625 11/15/20453.82%—$115M—
005—United States Treasury Notes 4.00 05/31/20283.71%—$112M—
006—United States Treasury Bonds 4.625 11/15/20553.47%—$105M—
007—United States Treasury Notes 4.25 01/31/20303.42%—$103M—
008—Fannie Mae Pool3.12%—$94M—
009—Ginnie Mae II Pool3.02%—$91M—
010—United States Treasury Bonds 4.75 02/15/20562.59%—$78M—
011—United States Treasury Bonds 4.75 08/15/20552.57%—$78M—
012—United States Treasury Bonds 4.875 08/15/20452.46%—$74M—
013USDCash Equivalent2.30%—$69M68
014—Freddie Mac Pool1.36%—$41M—
015—United States Treasury Notes 3.50 10/31/20271.23%—$37M—

Showing 1–15 of 30 holdings

SMTH Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Performance data is unavailable.

Returns run to the last market 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.

Trailing total return for SMTH. Periods over one year show the average yearly return.
PeriodSMTH
Year to dateHistory unavailable—
1 monthHistory unavailable—
3 monthsHistory unavailable—
1 yearHistory unavailable—
3 yearsHistory unavailable—per year
5 yearsHistory unavailable—per year
10 yearsHistory unavailable—per year

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual return data is unavailable.

SMTH in the news

ETF.net Research hasn’t filed on SMTH yet — coverage lands here as it’s written.

SMTH Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months

Distribution data unavailable.

SMTH Risk

How much the fund’s monthly returns vary, scaled to a year.
—
No data available
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.

Return above 3-month US Treasury bills per unit of volatility.
—
No data available
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.

The largest fall from a peak to the low that followed.
—
No data available
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.

How strongly the fund’s returns move with its asset-class index.
0.13
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

SMTH Cost

Expense Ratio
0.59%