Thrivent Ultra Short Bond ETF
$50.50−0.10 (−0.20%)
- Expense ratio
- 0.20%
- Fund size
- $191M
- 1Y return
- +4.4%
- Yield · Last 12 months
- 4.23%
- Holdings
- 442
- Volume · 30D
- 0M sh
- NAV per share
- $50.42
- 52W range
The ETF.net TUSB Grade
Score 58 of 100 sits in the B 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.CScore 41Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 60Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 32Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 63Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 30Category rank
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
- 442
- 24%
- 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.
Returns run to the Sep 22, 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 | +3.3% |
| 1 month | +0.4% |
| 3 months | +1.4% |
| 1 year | +4.4% |
| 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 | +3.3% | |
| 2025 | +4.1% |
TUSB in the news
ETF.net Research hasn’t filed on TUSB yet — coverage lands here as it’s written.
TUSB Dividends
- 4.23%
- $2.14
- $0.17 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 28, 2026 | Aug 31, 2026 | $0.17 |
| Jul 30, 2026 | Jul 31, 2026 | $0.18 |
| Jun 29, 2026 | Jun 30, 2026 | $0.19 |
| May 28, 2026 | May 29, 2026 | $0.17 |
| Apr 29, 2026 | Apr 30, 2026 | $0.17 |
| Mar 30, 2026 | Mar 31, 2026 | $0.19 |
| Feb 26, 2026 | Feb 27, 2026 | $0.17 |
| Jan 29, 2026 | Jan 30, 2026 | $0.15 |
| Dec 23, 2025 | Dec 31, 2025 | $0.23 |
| Nov 26, 2025 | Nov 28, 2025 | $0.17 |
| Oct 30, 2025 | Oct 31, 2025 | $0.18 |
| Sep 29, 2025 | Sep 30, 2025 | $0.17 |
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.
- 0.79
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
- The middle half of Cash & Ultra-Short Income funds
- Median 0.19%
40 of the 77 Cash & Ultra-Short Income funds charge less.