VictoryShares Short-Term Bond ETF
$49.98−0.14 (−0.29%)
- Expense ratio
- 0.34%
- Fund size
- $2.6B
- 1Y return
- +2.9%
- Yield · Last 12 months
- 4.57%
- Holdings
- 782
- Volume · 30D
- 0.3M sh
- NAV per share
- $50.04
- 52W range
The ETF.net USTB Grade
Score 63 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 50Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.BScore 55Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 92Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 64Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 80Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 76Category rank
Our read on USTB
BAn actively managed short-maturity credit fund from Victory Capital: roughly 800 bonds picked against a 1-3 year corporate credit benchmark, seeking high current income while preserving principal, paid out monthly.
The Fund seeks high current income while preserving principal.
Why people hold it
- Active by design: a team picks the bonds instead of copying an index, spreading roughly 800 positions and measuring itself against a 1-3 year corporate credit benchmark.vcm.com
- 0.34% a year, below the typical fee in its bond peer group. That is a low sticker price for active management.
- Short maturities blunt the price swings that hit long-dated bond funds, and this fund's risk profile is among the steadiest in its cohort.vcm.com
- Trading since 2017 and now a multi-billion-dollar fund that distributes monthly. It previously ran as the VictoryShares USAA Core Short-Term Bond ETF.dividend.com
Worth knowing
- The index heavyweights in this cohort (BND, SPAB, SCHZ at 0.03%) cost roughly a tenth as much. The extra here pays for credit selection, not index tracking.
- This is short-term corporate credit, not Treasuries. Results lean on the team's issuer calls and on credit conditions, with no index to fall back on.vcm.com
- Moderately traded rather than a volume giant, so limit orders are worth the extra click.
USTB Holdings
- Bonds
- 782
- 16%
- US T-NOTE 4.25% 07/31/28
Geography
- United States84.75%
- Canada4.49%
- United Kingdom2.42%
- Japan1.47%
- Ireland1.42%
- Netherlands1.28%
- France1.28%
- Bermuda0.86%
- 2.02%
USTB 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 | USTB |
|---|---|
| Year to date | +1.6% |
| 1 month | −0.3% |
| 3 months | +0.4% |
| 1 year | +2.9% |
| 3 years | +5.7% |
| 5 years | +3.5% |
| 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 | USTB |
|---|---|---|
| 2026 YTD | +1.6% | |
| 2025 | +6.1% | |
| 2024 | +6.5% | |
| 2023 | +6.7% | |
| 2022 | −2.8% | |
| 2021 | +0.9% | |
| 2020 | +4.6% |
USTB in the news
ETF.net Research hasn’t filed on USTB yet — coverage lands here as it’s written.
USTB Dividends
- 4.57%
- $2.29
- $0.18 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 9, 2026 | Sep 10, 2026 | $0.18 |
| Aug 7, 2026 | Aug 10, 2026 | $0.17 |
| Jul 9, 2026 | Jul 10, 2026 | $0.20 |
| Jun 9, 2026 | Jun 10, 2026 | $0.18 |
| May 8, 2026 | May 11, 2026 | $0.18 |
| Apr 9, 2026 | Apr 10, 2026 | $0.20 |
| Mar 10, 2026 | Mar 11, 2026 | $0.19 |
| Feb 9, 2026 | Feb 10, 2026 | $0.18 |
| Jan 8, 2026 | Jan 9, 2026 | $0.03 |
| Dec 11, 2025 | Dec 12, 2025 | $0.36 |
| Nov 7, 2025 | Nov 10, 2025 | $0.18 |
| Oct 9, 2025 | Oct 10, 2025 | $0.21 |
USTB Risk
- 1.7%
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.
- 0.69
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.
- −4.9%
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.
- 0.26
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
USTB Cost
- The middle half of US Aggregate Bond funds
- Median 0.34%
55 of the 112 US Aggregate Bond funds charge less.