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Launched · SEC filings

Global X Zero Coupon Bond 2034 ETF

ZCBFNYSE ArcaGlobal XC

$47.71+0.47 (+0.99%) past 5 days

At close: Nov 5, 2026, 4:00 PM ET

C40/ 100

Rank 1 of 5 in Defined-Maturity Zero-Coupon

C40/100Rank 1 of 5inDefined-Maturity Zero-Coupon
5D price: up, 7 points from 47.24 to 47.71. Range 47.22 to 47.71. Use the arrow keys to read each point.47.2047.3047.4047.5047.60Oct 30Nov 2Nov 3Nov 4Nov 5
Market opens at 9:30 AM ET.
Expense ratio
0.07%
Fund size
$1M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
5
Avg volume · 30D
135 sh
52W range
low $46.01high $51.50
Launched
Filings
SEC EDGAR

The ETF.net ZCBF Grade

Based on 5 of 6 pillars

C

Score 40 out of 100

Category
Defined-Maturity Zero-Coupon⁠
Rank
1 of 5
Six-pillar profile for ZCBF. Scores out of 100: Cost 58, Risk 39, Mission not scored, Tradability 53, Holdings 58, Durability 39. Strongest: Cost (58). Weakest: Durability (39). 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
52
This cap took
−12
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.
    D39 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.
    C53 out of 100
    Rank 2 of 5

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B58 out of 100
    Rank 1 of 5

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D39 out of 100
    Rank 3 of 5

Our read on ZCBF

ETF.net Research

In short

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

  • Holds 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.comglobalxetfs.com 2
  • Costs 0.07% a year, level with the median of its zero-coupon target-maturity group, where no rival undercuts it.
  • STRIPS make no periodic interest payments, so there is no coupon cash to reinvest at whatever rates happen to be doing in 2029.sec.gov
  • One 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

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

ZCBF 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.
ZCBF$9,926
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$9,546
Aug 5, 2026 to Nov 5, 2026. ZCBF $9,926. SPY $9,546. Use the arrow keys to read each point.$9,600$9,800$10,000Aug 2026Sep 2026Nov 2026

Aug 5, 2026 – Nov 5, 2026

Returns run to the Nov 5, 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 yearNo data
1 month+4.1%
3 months−0.7%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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−3.0%

History from Jan 7, 2026

ZCBF in the news

ZCBF Dividends

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. 10 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; Oct 1, 2026 $0.18; Nov 2, 2026 $0.18. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Nov 5, 2026$0.18
Oct 1, 2026Oct 6, 2026$0.18
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

Risk pillarD39 out of 100Rank 3 of 5 in Defined-Maturity Zero-Coupon
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.

FMP measures it over up to five years of monthly returns.

ZCBF Cost

Tied cheapest in Defined-Maturity Zero-Coupon

$1,480

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ZCBF 0.07%

    $1,480

$10,000
30 years

Cost over time

  • ZCBF 0.07%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K051015202530ZCBF $1,480

Year by year

YearZCBF
10$128
20$503
30$1,480

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