Thrivent Ultra Short Bond ETF
$50.49+0.05 (+0.10%)
- 0.20%
- $207M
- +4.3%
- 4.17%
- 0M sh
- $50.39
- low $50.05high $55.23
The ETF.net TUSB Grade
B
Score 57 out of 100
- 46 of 78
Score 57 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.C42 out of 100Rank 39 of 78Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 66Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B60 out of 100Rank 11 of 75Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F19 out of 100Rank 69 of 78Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B69 out of 100Rank 27 of 77Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D29 out of 100Rank 67 of 78
Our read on TUSB
BAn actively managed ultra-short bond fund in a category dominated by index-tracking T-bill parking spots. Thrivent's bond desk picks the investment-grade paper itself, charges the category's typical price, and sends the income out monthly.
The Fund seeks substantial current income while preserving capital.
Why people hold it
- Active by design: managers select the investment-grade bonds and keep dollar-weighted average maturity at two years or less, instead of tracking an index.investing.com
- 0.20% a year, level with the typical ultra-short bond ETF, for active credit selection rather than an index feed.
- Cash flow lands monthly, and the stated job is plain: substantial current income while preserving capital.
- What it holds lines up closely with what its prospectus says it does, and it stands in the upper half of the ultra-short bond group.
Worth knowing
- Thinly traded next to the category's giants, so spreads can be wider and larger orders need more care.
- Index-based rivals undercut it on fees: VUSB at 0.10%, SHV at 0.15%. The 0.20% here buys active management, not a lower sticker.
- It owns corporate credit, not only Treasuries, so the share price moves with rates and credit spreads. This is not a money market fund with a fixed price.investing.com
TUSB Holdings
- Bonds
- 465
- 20%
- Us Treasury N/B 12/27 3.375
Geography
- United States100.00%
TUSB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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TUSB$10,425
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 | TUSB |
|---|---|
| Year to date | +3.2% |
| 1 month | +0.3% |
| 3 months | +1.1% |
| 1 year | +4.3% |
| 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 | TUSB |
|---|---|---|
| 2026 YTD | +3.2% | |
| 2025 | +4.1% |
TUSB in the news
TUSB Dividends
- 4.17%
- $2.10
- $0.13 per share
- Monthly
Distribution history
TUSB Risk
- 0.6%
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.
- 0.63
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.
- −0.5%
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.
- 0.03
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TUSB Cost
0.20%
TUSB0.20%
- The middle half of Cash & Ultra-Short Income funds
- Median 0.19%
41 of the 78 Cash & Ultra-Short Income funds charge less.
Other funds in Cash & Ultra-Short Income
- BCSHPiShares Dynamic Short-Term Active ETFExpense ratio 0.20%1 year return +3.9%
- BGMMFiShares Government Money Market ETFExpense ratio 0.20%1 year return +2.7%
- BVRIGInvesco Variable Rate Investment Grade ETFExpense ratio 0.30%1 year return +4.4%
- BCVSBCalvert Ultra-Short Investment Grade ETFExpense ratio 0.24%1 year return +3.7%
- BOPERClearShares Ultra-Short Maturity ETFExpense ratio 0.20%1 year return +3.8%