Alliance Bernstein - AB Ultra Short Income ETF
$50.05+0.01 (+0.01%)
- 0.25%
- $1.6B
- +2.9%
- 3.99%
- 0.2M sh
- $50.04
- low $49.94high $50.73
The ETF.net YEAR Grade
B
Score 56 out of 100
- 50 of 78
Score 56 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.F24 out of 100Rank 57 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.C44 out of 100Rank 57 of 75Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B60 out of 100Rank 25 of 78Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C52 out of 100Rank 42 of 77Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B63 out of 100Rank 31 of 78
Our read on YEAR
BThe fund that put AllianceBernstein in the ETF business. An active ultra-short bond portfolio that reaches past T-bills into investment-grade corporates and money-market paper, keeps duration under a year, and pays monthly.
The fund is actively managed and seeks current income with preservation of capital. It primarily invests in high-quality, investment-grade fixed-income and cash-equivalent securities with duration of one year or less, including corporate securities, Treasuries, repurchase agreements, money-market funds and other high-quality money-market instruments.
Why people hold it
- Actively managed, so duration, sector mix and individual bonds can shift inside the under-one-year window rather than following a fixed ladder.alliancebernstein.com
- Wider toolkit than government-only cash funds like SBIL and IQMM: investment-grade corporates, Treasuries, repos, CDs, commercial paper and money-market funds.
- A multi-billion-dollar fund that trades with reasonable regularity and distributes income monthly, spread across roughly 160 short-dated positions.
- One of AllianceBernstein's first two ETFs, launched in 2022, backed by a fixed income desk the firm has run for decades.prnewswire.com
Worth knowing
- At 0.25% a year, it prices above the middle of the cash-alternative group, and cheaper options including ICSH and JPST sit in the same aisle.
- Corporate credit and money-market paper are not T-bills. Capital preservation is a stated goal, not a floor, and the share price can move.alliancebernstein.com
- Duration under one year ties the income stream tightly to short-term rates, so the monthly payout rises and falls with them.
YEAR Holdings
- Bonds
- 156
- 54%
- Us Treasury N/B 09/28 4.75
Geography
- United States84.31%
- United Kingdom5.06%
- Japan3.48%
- Canada2.87%
- France2.13%
- Netherlands1.22%
- Ireland0.61%
- Spain0.31%
YEAR Performance
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.
YEAR$10,288
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 | YEAR |
|---|---|
| Year to date | +2.0% |
| 1 month | +0.2% |
| 3 months | +0.6% |
| 1 year | +2.9% |
| 3 years | +4.7% |
| 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 | YEAR |
|---|---|---|
| 2026 YTD | +2.0% | |
| 2025 | +4.7% | |
| 2024 | +5.4% | |
| 2023 | +5.8% | |
| 2022 | +1.1% |
YEAR in the news
YEAR Dividends
- 3.99%
- $1.99
- $0.15 per share
- Monthly
Distribution history
YEAR Risk
- 0.9%
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.
- 0.08
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.
- −0.6%
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.
- 0.09
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
YEAR Cost
0.25%
YEAR0.25%
- The middle half of Cash & Ultra-Short Income funds
- Median 0.19%
56 of the 78 Cash & Ultra-Short Income funds charge less.
Other funds in Cash & Ultra-Short Income
- 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%
- BFLDBFidelity Low Duration Bond ETFExpense ratio 0.20%1 year return +3.6%
- BMMKTTexas Capital Government Money Market ETFExpense ratio 0.20%1 year return +3.5%
- CTLDRThe Laddered T-Bill ETFExpense ratio 0.20%1 year return —