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Launched · SEC filings

PIMCO US Stocks PLUS Active Bond ETF

SPLSCboePIMCOC

$54.17−0.14 (−0.26%)

As of Nov 2, 2026, 3:44 PM ET

C48/ 100

Rank 24 of 37 in Multi-Asset Allocation

C48/100Rank 24 of 37inMulti-Asset Allocation
Intraday session: down, 70 prints from 54.32 to 54.17. Range 54.17 to 54.90. Use the arrow keys to read each point.54.4054.6054.8010 AM12 PM2 PM4 PM
Expense ratio
0.38%
Fund size
$80M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
15
Avg volume · 30D
14.4K sh
52W range
low $45.60high $57.06
Launched
Filings
SEC EDGAR

The ETF.net SPLS Grade

C

Score 48 out of 100

Category
Multi-Asset Allocation⁠
Rank
24 of 37
Six-pillar profile for SPLS. Scores out of 100: Cost 69, Risk 76, Mission 10, Tradability 48, Holdings 38, Durability 54. Strongest: Risk (76). Weakest: Mission (10). Leans toward Risk.

Score 48 of 100 falls in the C 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.
    B69 out of 100
    Rank 12 of 37

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    F10 out of 100
    Rank 29 of 29

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A76 out of 100
    Rank 2 of 35

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C48 out of 100
    Rank 20 of 37

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D38 out of 100
    Rank 27 of 33

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C54 out of 100
    Rank 21 of 37

Our read on SPLS

ETF.net Research

In short

CPIMCO's StocksPLUS idea, pioneered in 1986, finally in a US ETF: exposure to the 500 largest US companies out front, an actively managed PIMCO bond portfolio working underneath.

Stated mandate

The Fund seeks two sources of exposure: U.S.-listed equities mainly representing the 500 largest companies by market capitalization, and fixed-income instruments of varying maturities, primarily through actively managed PIMCO fixed-income ETFs.

Why people hold it

  • Two engines, one ticker: US large-cap equity exposure plus fixed income of varying maturities, run mainly through PIMCO's own actively managed bond ETFs.pimco.com
  • Charges 0.43% a year, roughly half the typical allocation fund's fee, for two sleeves that would otherwise mean buying a stock fund and a bond manager separately.
  • PIMCO pioneered the StocksPLUS approach in 1986 and lists SPLS as the ETF version of it, run by a team from its fixed income desk.pimco.com

Worth knowing

  • Bonds cut both ways here. The fixed income sleeve can subtract from S&P 500 returns as easily as add, and stocks and bonds can fall in the same week.
  • Launched January 2026 and started small and thinly traded, so spreads can run wider than in established allocation funds.
  • Capital-efficient rivals go cheaper: NTSX and GDE both charge 0.20%. You are paying up for the active bond sleeve.

SPLS Holdings

Holdings pillarD38 out of 100Rank 27 of 33 in Multi-Asset Allocation
Asset class
Stocks
Holdings
15
Top-10 weight
100%
Largest holding
IVV97.4%

Geography

  • United States99.55%
  • Switzerland0.26%
  • China0.09%
  • Mexico0.04%
  • Ireland0.03%
  • United Kingdom0.03%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1IVVIshares Core S+p 500 Etf Ishares Core S+p 500 Etf97.40%116,154$89.8M59
2No dataCCSOCXUS0 Mgcc Newedge 12/30 Vari 1 2.72% 12/31/20300.86%7,910$791K1
3No dataTreasury Bill 12/26 0.00000 0.01% 12/22/20260.54%5,000$497K14
4No dataLdur Us Trs Equity Sofr 11/02/20260.44%4,257$403K1
5No dataTreasury Bill 01/27 0.00000 0.01% 01/19/20270.32%3,010$298K16
6No dataPmbs Us Trs Equity Sofr 11/02/20260.26%5,065$240K1
7No dataUs Dollar0.21%189,987$190K222
8No dataSsc Government Mm Gvmxx 3.87% 12/31/20300.17%1,566$157K94
9No dataPyld Us Trs Equity Sofr 11/02/20260.14%4,874$125K1
10No dataMint Us Trs Equity Sofr 11/02/20260.12%1,072$108K1
11No dataFed Home Ln Discount Nt Discount Not 01/27 0.00000 4.09% 01/20/20270.11%1,000$99.1K1
12No dataTreasury Bill 02/27 0.00000 0.01% 02/02/20270.11%1,000$98.9K10
13No dataFed Home Ln Discount Nt Discount Not 02/27 0.00000 4.07% 02/17/20270.11%1,000$98.8K1
14No data3 Month Sofr Fut DEC27 Xcme 20280314 03/14/20280.02%238$22.8K1
15No dataUs 10YR Ultra Fut DEC26 Xcbt 20261221 12/21/2026<0.01%73$7.84K20

Showing 1–15 of 15 holdings

SPLS Performance

Launched Jan 15, 2026

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.Not enough history yet.Not enough history yet.Not enough history yet.
SPLS$10,033
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,141
Jul 31, 2026 to Oct 30, 2026. SPLS $10,033. SPY $10,141. Use the arrow keys to read each point.$10,000$10,200$10,400Jul 2026Sep 2026Oct 2026

Jul 31, 2026 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for SPLS. Periods over one year show the average yearly return.
PeriodSPLS
Year to dateFund launched this yearNo data
1 month−1.2%
3 months+0.3%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

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 total returns for SPLS
YearReturn barSPLS
2026 YTD+20.0%

History from Mar 30, 2026

SPLS in the news

SPLS Dividends

Last payment
$0.07 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 3 payments in 2026 YTD. Apr 1, 2026 $0.12; Jul 1, 2026 $0.18; Oct 1, 2026 $0.07. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Oct 1, 2026Oct 5, 2026$0.07
Jul 1, 2026Jul 6, 2026$0.18
Apr 1, 2026Apr 3, 2026$0.12

SPLS Risk

Risk pillarA76 out of 100Rank 2 of 35 in Multi-Asset Allocation
How much the fund’s monthly returns vary, scaled to a year.
Launched Jan 2026; fills in after 12 months
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.
Launched Jan 2026; fills in after 12 months
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.
Launched Jan 2026; fills in after 12 months
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.
1.01
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.

FMP measures it over up to five years of monthly returns.

SPLS Cost

Compare SPLS and UCBG

Overpaying vs UCBG, cheapest in Multi-Asset Allocation

$6,436

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SPLS 0.38%

    $7,706

  • UCBG 0.06% Cheapest

    $1,270

$10,000
30 years

Cost over time

  • SPLS 0.38%
  • UCBG 0.06%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530SPLS $7,706UCBG $1,270

Year by year

YearSPLSUCBGOverpaying
10$688$110$578
20$2,658$432$2,226
30$7,706$1,270$6,436

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