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Global X Funds - Global X Zero Coupon Bond 2032 ETF

ZCBCNYSE ArcaC

$46.960.00 (0.00%)

As of Oct 13, 2026, 9:46 AM

Intraday session: flat, 1 prints from 46.96 to 46.96. Range 46.96 to 46.96. Use the arrow keys to read each point.46.0046.5047.5010 AM12 PM2 PM4 PM
Expense ratio
0.07%
Fund size
$1M
1Y total return
—
Yield · Last 12 months
Data unavailable
Holdings
5
Avg volume · 30D
0M sh
NAV per share
$46.91
52W range
low $46.79high $51.24
Launched
Filings
SEC EDGAR

The ETF.net ZCBC Grade

Based on 5 of 6 pillars

C

Score 40 out of 100

Rank
1 of 5
Six-pillar profile for ZCBC. Scores out of 100: Cost 58, Risk 43, Mission not scored, Tradability 47, Holdings 47, Durability 42. Strongest: Cost (58). Weakest: Durability (42). Based on 5 of 6 pillars.

Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
50
This cap took
−10
Published Score
40 Grade C
  • Cost

    The fund’s net expense ratio, ranked against its category.
    B58 out of 100
    Rank 1 of 5
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C43 out of 100
    Rank 3 of 5
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C47 out of 100
    Rank 2 of 5
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C47 out of 100
    Rank 3 of 5
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C42 out of 100
    Rank 2 of 5

Our read on ZCBC

ETF.net Research

CMost 2032 bond ETFs hand you coupons along the way. ZCBC skips them, holding stripped Treasuries that mature in 2032, then closing the doors and paying out what is left. One price today, one date on the calendar.

Stated mandate

The fund seeks to track the FTSE Zero Coupon U.S. Treasury STRIPS 2032 Maturity Index before fees and expenses. It primarily invests in zero-coupon U.S. Treasury STRIPS with scheduled maturities during 2032.

Why people hold it

  1. 01Nothing to reinvest: Treasury STRIPS pay no periodic interest and are redeemable at face value at maturity, and the fund is built to liquidate on or about November 30, 2032.globalxetfs.comprnewswire.com
  2. 020.07% a year, below the typical target-maturity bond ETF and level with the cheapest Treasury rungs in the group, such as IBTJ.
  3. 03Treasuries only. No corporate credit layer, unlike the BulletShares and iBonds corporate rungs that fill much of this category.globalxetfs.com
  4. 04One rung of a six-fund lineup spanning 2030 through 2035, so specific target years can be picked or stacked into a ladder.globalxetfs.comprnewswire.com

Worth knowing

  1. 01Zeros carry longer duration than coupon bonds maturing the same year, so the price can swing harder when rates move before 2032.assets.globalxetfs.com
  2. 02No coupon stream here: payouts are irregular rather than monthly, with the bulk of the cash arriving at the fund's 2032 wind-down.prnewswire.com
  3. 03A 2026 launch still building scale. Young, lightly traded ETFs can show wider bid-ask spreads than the entrenched iBonds and BulletShares rungs.

ZCBC Holdings

As of Oct 11, 2026
Asset class
Bonds
Holdings
5
Top-10 weight
100%
Largest holding
S 0 08/15/32 (B4S8S21)25.2%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—S 0 08/15/32 (B4S8S21)25.16%318,500$236K1
002—S 0 02/15/32 (B4YDHV2)25.07%309,200$235K1
003—S 0 05/15/32 (B2RGF65)24.91%311,100$234K1
004—S 0 11/15/32 (B2RGHN6)24.85%318,800$233K1
005—Cash0.01%137$137420

Showing 1–5 of 5 holdings

ZCBC Performance

Launched Jan 6, 2026

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.Not enough history yet.Not enough history yet.Not enough history yet.
ZCBC$9,702
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. ZCBC $9,702. SPY $10,332. Use the arrow keys to read each point.$9,602$10,001$10,400Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – Oct 12, 2026

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.

Trailing total return for ZCBC. Periods over one year show the average yearly return.
PeriodZCBC
Year to dateFund launched this year—
1 month−1.0%
3 months−3.0%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper 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 ZCBC
YearReturn barZCBC
2026 YTD−3.4%

History from Jan 8, 2026

ZCBC in the news

Filtered to ZCBC · Global X

ZCBC Dividends

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

2026

One bar per payment. 9 payments in 2026 YTD. Feb 2, 2026 $0.12; Mar 2, 2026 $0.17; Apr 1, 2026 $0.17; May 1, 2026 $0.17; Jun 1, 2026 $0.17; Jul 1, 2026 $0.17; Aug 3, 2026 $0.17; Sep 1, 2026 $0.17; Oct 1, 2026 $0.17. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Oct 1, 2026Oct 6, 2026$0.17
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$0.17
May 1, 2026May 6, 2026$0.17
Apr 1, 2026Apr 7, 2026$0.17
Mar 2, 2026Mar 5, 2026$0.17
Feb 2, 2026Feb 5, 2026$0.12

ZCBC 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.
0.05
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.

ZCBC Cost

Expense ratio0.07%

ZCBC costs $7.00 a year on $10,000.

Other funds in Defined-Maturity Zero-Coupon