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ZCBB

GradeCNew York Stock Exchange Arca

Global X Zero Coupon Bond 2031 ETF

Target Maturity Bond · Global X · Inception 2026-01-06

$47.83+0.17 (+0.36%)

As of Sep 17, 2026, 10:27 AM EDT

Market opens at 9:30 AM ET.History starts Jan 7, 2026.History starts Jan 7, 2026.
Intraday session: up, 5 prints from 47.80 to 47.83. Range 47.66 to 47.83. Use the arrow keys to read each point.$47.65$47.70$47.75$47.80Sep 11Sep 14Sep 16Sep 17
Expense ratio
0.07%
Fund size
$1M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
4
Volume · 30D
0M sh
NAV per share
$47.59
52W range
low $47.83high $50.95

The ETF.net ZCBB Grade

C

40/ 100

Rank 2 of 5 in Defined-Maturity Zero-Coupon⁠

Confidence Medium

Six-pillar profile for ZCBB. Scores out of 100: Cost 58, Risk 50, Mission not scored, Tradability 38, Holdings 52, Durability 53. Strongest: Cost (58). Weakest: Tradability (38). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned51This cap took−11Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 58
    Category rank2/5 · top 40%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 50
    Category rank2/5 · top 40%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 38
    Category rank3/5 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 52
    Category rank2/5 · top 40%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 53
    Category rank1/5 · top 20%

Graded as of Sep 17, 2026 · Based on 5 of 6 pillars

Our read on ZCBB

ETF.net Research

CA single rung of a Treasury ladder in ETF form: zero-coupon STRIPS all maturing across 2031, with no coupons to reinvest along the way. One of six Global X funds covering 2030 through 2035.

Stated mandate

The fund seeks to track, before fees and expenses, the FTSE Zero Coupon U.S. Treasury STRIPS 2031 Maturity Index.

Why people hold it

  1. 01Dated, government-backed exposure: zero-coupon Treasury STRIPS maturing between January and November 2031, tracked against FTSE's 2031 STRIPS maturity index.globalxetfs.com
  2. 02Costs 0.07% a year, the same as every other maturity year in the suite, so picking your spot on the curve doesn't cost extra.etfgi.com
  3. 03No coupons to reinvest. The payoff is the discount accreting toward face value at one known maturity, which is the whole point of a zero.finra.orgglobalxetfs.com
  4. 04Built from adviser demand: the six-fund suite was proposed by RIA Confluence Investment Management and pitched for lining bonds up with specific future dates.etfgi.comglobalxetfs.com

Worth knowing

  1. 01Zeros are taxed on interest the IRS imputes each year even though no cash arrives until maturity, so a taxable account can owe tax before it sees a dollar.finra.org
  2. 02Small and lightly traded since its 2026 launch, with irregular distributions. Limit orders and a look at the spread matter more here than in a giant Treasury fund.
  3. 03With no coupon cash arriving in the meantime, the value sits in the accretion to maturity, so the share price carries the full rate sensitivity of that 2031 date.finra.orgglobalxetfs.com

ZCBB Holdings

As of Sep 18, 2026, 3:00 AM
Asset class
Stocks
Holdings
4
Top-10 weight
100%
Largest holding
S 0 11/15/31 (B2RGDQ1)25.1%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—S 0 11/15/31 (B2RGDQ1)25.15%308,800$239K—
002—S 0 02/15/31 (B0638P3)25.10%296,600$239K—
003—S 0 08/15/31 (B4RNMS1)24.95%302,500$237K—
004—S 0 05/15/31 (B2RGC64)24.77%296,500$236K—
005—CASH0.03%276$276—

Showing 1–5 of 5 holdings

ZCBB Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

ZCBB$9,856
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,318
Jun 17, 2026 to Sep 17, 2026. ZCBB $9,856. SPY $10,318. Use the arrow keys to read each point.$9,767$10,174$10,581Jun 2026Aug 2026Sep 2026

Jun 17, 2026 – Sep 17, 2026

Returns run to the Sep 17, 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 ZCBB. Periods over one year show the average yearly return.
PeriodZCBB
Year to dateFund launched this year—
1 month−1.5%
3 months−1.4%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, 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 ZCBB
YearReturn barZCBB
2026 YTD−3.4%

History from Jan 7, 2026

ZCBB in the news

ETF.net Research hasn’t filed on ZCBB yet — coverage lands here as it’s written.

ZCBB Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 17, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.17 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

Through Sep 17, 2026

One bar per payment. 8 payments in 2026 YTD. Feb 2, 2026 $0.12; Mar 2, 2026 $0.16; Apr 1, 2026 $0.17; May 1, 2026 $0.16; Jun 1, 2026 $0.16; Jul 1, 2026 $0.17; Aug 3, 2026 $0.17; Sep 1, 2026 $0.17. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 4, 2026$0.17
Aug 3, 2026Aug 6, 2026$0.17
Jul 1, 2026Jul 7, 2026$0.17
Jun 1, 2026Jun 4, 2026$0.16
May 1, 2026May 6, 2026$0.16
Apr 1, 2026Apr 7, 2026$0.17
Mar 2, 2026Mar 5, 2026$0.16
Feb 2, 2026Feb 5, 2026$0.12

ZCBB Risk

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.
0.04
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.

ZCBB Cost

Expense Ratio
0.07%