CCRP vs SKOR

CCRPDColumbia Corporate Bond ETF

SKORANorthern Trust Credit-Scored US Corporate Bond ETF

In short

CCRP A bond-picker's take on investment-grade credit: about 120 corporate bonds chosen against the Bloomberg U.S. Corporate Bond Index instead of copying it, at 0.35% net of a waiver through July 31, 2027.

SKOR Most investment-grade corporate bond funds just buy the market. SKOR scores every eligible bond on issuer quality and relative value, then weights toward the winners, and stays in the one-to-under-10-year maturity lane.

Stated mandate

CCRP The Fund seeks total return through current income and capital appreciation.

SKOR The Fund seeks to provide pre-fee investment results generally corresponding to the price and yield performance of the Northern Trust US Corporate Bond Quality Value Index.

Why people hold it

• CCRP Active by design. Managers select roughly 120 corporate bonds measured against the Bloomberg U.S. Corporate Bond Index rather than replicating its thousands of issues.businesswire.com
• The mandate is plain: total return from income and capital appreciation, via corporate debt that is principally investment grade. The portfolio matches that description.
• The 0.35% you pay is net of a waiver through July 31, 2027, trimmed from a 0.49% gross fee, so the sticker is lower than the fund's raw cost while that waiver runs.

• SKOR Rules-based scoring, not just size: the index optimizes toward proprietary quality and value scores instead of handing the biggest weight to whoever borrowed the most.sec.gov
• 0.15% net of a waiver through March 1, 2027 (0.16% gross), below the category median and level with the big brand-name corporate bond funds QLTA (0.15%) and LQD (0.14%).
• Tracking has been tight against its index, and it sits in the upper tier of investment-grade corporate bond ETFs on our review.
• Workmanlike plumbing: trading since 2014, over a billion dollars in assets, roughly 1,300 bonds, each issue $250 million or larger, with monthly payouts.sec.gov

Worth knowing

• CCRP At 0.35% the fee sits above the category's typical cost, and index rivals do the broad job for far less: SPBO at 0.03%, USIG at 0.04%, LQD at 0.14%.
• When the waiver ends on July 31, 2027, the fee reverts toward the 0.49% gross rate unless the manager extends it.
• Launched December 2025, so the record is short, and a roughly 120-bond book means single-issuer calls carry more weight than in funds holding thousands.

• SKOR Plain-vanilla rivals cost less: SPBO and VTC each charge 0.03%. The scoring screen is what the extra buys.
• Maturities stop short of 10 years, so it skips the long end of the corporate curve and the extra rate sensitivity that comes with it.sec.govflexshares.com
• The record spans two methodologies: the fund switched its objective and underlying index effective April 30, 2020.flexshares.comsec.gov

Full CCRP profile⁠

Full SKOR profile⁠