F/M 3-Year Investment Grade Corporate Bond Etf
$49.73+0.03 (+0.07%)
- 0.15%
- $42M
- +1.2%
- 4.32%
- 0M sh
- $49.67
- low $49.45high $51.49
The ETF.net ZTRE Grade
B
Score 57 out of 100
- 8 of 24
Score 57 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.C52 out of 100Rank 10 of 24Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 15Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D38 out of 100Rank 19 of 24Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F17 out of 100Rank 21 of 24Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A77 out of 100Rank 6 of 24Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.F21 out of 100Rank 23 of 24
Our read on ZTRE
BZTRE skips the maturity blender. It holds investment-grade corporate bonds with roughly three years left and rebalances monthly, so the three-year point on the credit curve stays the three-year point.
The fund seeks to track the ICE 3-Year US Target Maturity Corporate Index before fees and expenses. It is passively managed and normally invests at least 80% of assets in investment-grade corporate bonds maturing in approximately 2.5 to less than 3.5 years.
Why people hold it
- Precision over averages: bonds must have 2.5 to under 3.5 years left, and monthly rebalancing keeps that maturity from drifting as the portfolio ages.fminvest.com
- 0.15% a year, under the typical investment-grade corporate ETF, and income lands monthly rather than on the semiannual schedule of the underlying bonds.fminvest.com
- Roughly 500 issues, weighted evenly by design, so the heaviest borrowers do not automatically claim the biggest slice the way they do in debt-weighted bond indexes.fminvest.com
- One rung of a corporate ladder the issuer built from two years out to ten, for investors who want to pick a spot on the curve instead of buying the whole thing.fminvest.com
Worth knowing
- Small and thinly traded since its 2024 debut, which can mean wider bid-ask gaps than the household names of the category.
- Fair price, not the floor: broad investment-grade rivals VCIT and IGSB run closer to 0.04%, though neither pins itself to a single maturity point.
- The fund has changed underlying indexes since launch, so the current benchmark is worth checking rather than assuming the original one still applies.fminvest.com
ZTRE Holdings
- Bonds
- 473
- 3%
- Cash & Other
ZTRE Performance
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.
ZTRE$10,125
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 | ZTRE |
|---|---|
| Year to date | +0.2% |
| 1 month | −0.1% |
| 3 months | −0.5% |
| 1 year | +1.2% |
| 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 | ZTRE |
|---|---|---|
| 2026 YTD | +0.2% | |
| 2025 | +6.6% | |
| 2024 | +4.7% |
ZTRE in the news
ZTRE Dividends
- 4.32%
- $2.15
- $0.18 per share
- Monthly
Distribution history
ZTRE Risk
- 2.2%
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.
- −0.19
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.
- −1.5%
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.
- 0.06
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
ZTRE Cost
0.15%
ZTRE0.15%
- The middle half of Investment Grade Corporate (0-5 Year) funds
- Median 0.15%
8 of the 23 Investment Grade Corporate (0-5 Year) funds charge less.
Other funds in Investment Grade Corporate (0-5 Year)
- BSUSBiShares ESG Aware 1-5 Year USD Corporate Bond ETFExpense ratio 0.12%1 year return +1.2%
- BDFSDDimensional - Short Duration Fixed Income ETFExpense ratio 0.17%1 year return +1.0%
- BQSIGWisdomTree U.S. Short-Term Corporate Bond FundExpense ratio 0.18%1 year return +0.9%
- CFLTBFidelity Limited Term Bond ETFExpense ratio 0.25%1 year return +1.2%
- CCGSDCapital Group Short Duration Income ETFExpense ratio 0.25%1 year return +1.8%