F/M 10-Year Investment Grade Corporate Bond Etf
$47.63−0.01 (−0.01%)
- 0.15%
- $29M
- −2.7%
- 5.36%
- 0M sh
- $47.58
- low $47.15high $52.15
The ETF.net ZTEN Grade
Score 59 out of 100
- 4 of 7
Score 59 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.C47 out of 100Rank 4 of 7Mission
Whether the fund did what it promised, tested against its stated mandate.A89 out of 100Rank 7 of 7Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B62 out of 100Rank 1 of 7Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C41 out of 100Rank 4 of 7Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B59 out of 100Rank 4 of 7Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C41 out of 100Rank 5 of 7
Our read on ZTEN
BMost corporate bond funds smear across a maturity range. ZTEN parks on one point of the curve: investment-grade corporates with roughly nine and a half to ten and a half years left, held in even slices and refreshed monthly.
The fund seeks to track, before fees and expenses, the price and yield performance of the ICE 10-Year US Target Maturity Corporate Index.
Why people hold it
- Precision instead of a range: it targets bonds within about six months either side of the 10-year mark, so the exposure stays a 10-year exposure rather than drifting shorter.fminvest.com
- Even weighting across holdings, which keeps the biggest serial borrowers from swallowing the portfolio the way they can in size-weighted corporate indexes.fminvest.com
- 0.15% a year, below the typical investment-grade corporate ETF fee, with income paid monthly.
- Roughly 300 developed-market investment-grade bonds under the hood, so any single issuer stumble lands as a small slice, not a headline.
Worth knowing
- The broad index giants cost a fraction of this. VCIT and IGIB run in the low single-digit basis points, but they spread across a maturity band instead of one target year.
- Launched in 2024, still a small fund and thinly traded, so spreads can be wider than in the mega-funds and hurried orders can print away from fair value.
- Ten-year paper swings more with rates than short-dated corporate funds like IGSB. That is the price of sitting further out on the curve.
ZTEN Holdings
- Bonds
- 237
- 5%
- Cash & Other
ZTEN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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 | ZTEN |
|---|---|
| Year to date | −3.5% |
| 1 month | −1.4% |
| 3 months | −3.5% |
| 1 year | −2.7% |
| 3 years | — |
| 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 | ZTEN |
|---|---|---|
| 2026 YTD | −3.5% | |
| 2025 | +9.2% | |
| 2024 | +3.4% |
ZTEN in the news
No ETF.net Research article names ZTEN yet.
ZTEN Dividends
- 5.36%
- $2.55
- $0.22 per share
- Monthly
Distribution history
ZTEN Risk
- 5.7%
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.
- −0.24
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.
- −5.8%
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.
- 0.22
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
ZTEN Cost
- The middle half of Investment Grade Corporate (10+ Year) funds
- Median 0.15%
3 of the 7 Investment Grade Corporate (10+ Year) funds charge less.
Other funds in Investment Grade Corporate (10+ Year)
- AVCLTVanguard Long-Term Corporate Bond ETFExpense ratio 0.03%1 year return −6.2%
- ASPLBState Street SPDR Portfolio Long Term Corporate Bond ETFExpense ratio 0.04%1 year return −6.4%
- BLKORNorthern Trust Credit-Scored US Long Corporate Bond ETFExpense ratio 0.16%1 year return −6.7%
- CBBBLBondBloxx BBB Rated 10+ Year Corporate Bond ETFExpense ratio 0.19%1 year return −6.0%
- CPCLPGIM ETF Trust - PGIM Corporate Bond 10+ Year ETFExpense ratio 0.25%1 year return −6.3%