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ZCBF

GradeCNew York Stock Exchange Arca

Global X Zero Coupon Bond 2034 ETF

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

$47.16−0.15 (−0.32%)

As of Sep 23, 2026, 9:33 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 47.14 to 47.16. Range 47.09 to 47.37. Use the arrow keys to read each point.$47.10$47.20$47.30$47.40Sep 15Sep 16Sep 18Sep 23
Expense ratio
0.07%
Fund size
$1M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
4
Volume · 30D
0M sh
NAV per share
$47.25
52W range
low $47.36high $51.50

The ETF.net ZCBF Grade

C

40/ 100

Rank 4 of 5 in Defined-Maturity Zero-Coupon⁠

Confidence Medium

Six-pillar profile for ZCBF. Scores out of 100: Cost 58, Risk 30, Mission not scored, Tradability 41, Holdings 49, Durability 42. Strongest: Cost (58). Weakest: Risk (30). 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 earned46This cap took−6Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 58
    Category rank4/5 · bottom quartile

  • 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.
    DScore 30
    Category rank4/5 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 41
    Category rank4/5 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 49
    Category rank4/5 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 42
    Category rank4/5 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on ZCBF

ETF.net Research

CA single rung on Global X's Treasury STRIPS ladder: zero-coupon Treasuries maturing in 2034, held in a fund that winds itself down that November. No coupons, one end date, 0.07% a year.

Stated mandate

ZCBF seeks to track, before fees and expenses, the performance of the FTSE Zero Coupon U.S. Treasury STRIPS 2034 Maturity Index.

Why people hold it

  1. 01Holds zero-coupon Treasury STRIPS maturing between January and November 2034, then terminates on or about November 30, 2034 and pays out what's left. A bond's end date in ETF form.globalxetfs.comassets.globalxetfs.com
  2. 02Costs 0.07% a year, level with the median of its zero-coupon target-maturity group, where no rival undercuts it.
  3. 03STRIPS make no periodic interest payments, so there is no coupon cash to reinvest at whatever rates happen to be doing in 2029.sec.gov
  4. 04One rung of a ladder: siblings cover 2030 (ZCBA) through 2035 (ZCBG) at the same 0.07%, so the maturity year can match the goal.

Worth knowing

  1. 01No coupons means longer duration than a coupon Treasury maturing the same year, so the share price swings more when rates move.sec.gov
  2. 02Launched in 2026, small and lightly traded, which can make bid-ask spreads a real part of the cost of owning it.
  3. 03Distributions are irregular rather than a steady income stream, so it behaves more like a price holding until the 2034 wind-down.assets.globalxetfs.com

ZCBF Holdings

As of Sep 21, 2026, 6:07 PM
Asset class
Bonds
Holdings
4
Top-10 weight
100%
Largest holding
S 0 08/15/34 (B4PLXN9)25.2%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—S 0 08/15/34 (B4PLXN9)25.18%351,900$237K1
002—S 0 05/15/34 (B2RGLY5)25.08%346,000$236K1
003—S 0 11/15/34 (B2RGMJ7)24.96%353,700$235K1
004—S 0 02/15/34 (B4PYQ73)24.79%337,500$233K1

Showing 1–4 of 4 holdings

ZCBF Performance

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

ZCBF$9,656
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,226
Jun 18, 2026 to Sep 18, 2026. ZCBF $9,656. SPY $10,226. Use the arrow keys to read each point.$9,588$10,033$10,478Jun 2026Aug 2026Sep 2026

Jun 18, 2026 – Sep 18, 2026

Returns run to the Sep 18, 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 ZCBF. Periods over one year show the average yearly return.
PeriodZCBF
Year to dateFund launched this year—
1 month−2.3%
3 months−3.4%
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 ZCBF
YearReturn barZCBF
2026 YTD−4.9%

History from Jan 7, 2026

ZCBF in the news

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

ZCBF 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 18, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.18 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. 8 payments in 2026 YTD. Feb 2, 2026 $0.12; Mar 2, 2026 $0.18; Apr 1, 2026 $0.18; May 1, 2026 $0.18; Jun 1, 2026 $0.18; Jul 1, 2026 $0.18; Aug 3, 2026 $0.18; Sep 1, 2026 $0.18. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 4, 2026$0.18
Aug 3, 2026Aug 6, 2026$0.18
Jul 1, 2026Jul 7, 2026$0.18
Jun 1, 2026Jun 4, 2026$0.18
May 1, 2026May 6, 2026$0.18
Apr 1, 2026Apr 7, 2026$0.18
Mar 2, 2026Mar 5, 2026$0.18
Feb 2, 2026Feb 5, 2026$0.12

ZCBF 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.

ZCBF Cost

Expense Ratio
0.07%