T. Rowe Price Ultra Short-Term Bond ETF (TBUX) belongs to the Ultrashort Bond category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with TBUX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TBUX
TBUX charges 0.17% annually. There are 32 ETFs in the Ultrashort Bond category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.03% | 1.91B | Sep 2022 | TBUX vs XHLF | |
| BondBloxx Bloomberg One Year Target Duration US Tr... | 0.03% | 758.60M | Sep 2022 | TBUX vs XONE | |
| State Street SPDR Portfolio Ultra Short T-Bill ETF | 0.05% | 13.77M | Oct 2025 | TBUX vs SPTU | |
| Xtrackers US 0-1 Year Treasury ETF | 0.06% | — | Oct 2024 | TBUX vs TRSY | |
| Global X 1-3 Month T-Bill ETF | 0.07% | 2.61B | Jun 2023 | TBUX vs CLIP |
Best Risk-Adjusted Alternatives to TBUX
TBUX has a PortfoliosLab risk / return rank of 99. There are 33 ETFs in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 100 | 97.69B | May 2020 | TBUX vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 46.75B | May 2007 | TBUX vs BIL | |
| Invesco Short Term Treasury ETF | 100 | 2.59B | Jan 2017 | TBUX vs TBLL | |
| Vanguard 0-3 Month Treasury Bill ETF | 100 | 8.40B | Feb 2025 | TBUX vs VBIL | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 100 | 1.03B | Jun 2023 | TBUX vs BILZ |
Top Performing TBUX Alternatives (YTD)
TBUX is at 2.11% YTD. There are 14 ETFs in the Ultrashort Bond category with higher YTD returns, going as high as 3.07%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| American Century Multisector Floating Income ETF | 3.07% | 22.67M | Mar 2023 | TBUX vs FUSI | |
| CrossingBridge Ultra-Short Duration ETF | 2.92% | 14.84M | Sep 2021 | TBUX vs CUSD | |
| NEOS Enhanced Income 1-3 Month T-Bill ETF | 2.69% | 1.45B | Aug 2022 | TBUX vs CSHI | |
| VanEck IG Floating Rate ETF | 2.46% | 2.89B | Apr 2011 | TBUX vs FLTR | |
| Simplify Treasury Option Income ETF | 2.42% | 474.96M | Oct 2022 | TBUX vs BUCK |
Lowest Volatility Alternatives to TBUX
TBUX has 0.67% 1-year volatility. There are 45 ETFs in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.19%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 0.19% | 97.69B | May 2020 | TBUX vs SGOV | |
| Invesco Short Term Treasury ETF | 0.20% | 2.59B | Jan 2017 | TBUX vs TBLL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 46.75B | May 2007 | TBUX vs BIL | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 0.21% | 1.03B | Jun 2023 | TBUX vs BILZ | |
| iShares 0-1 Year Treasury Bond ETF | 0.21% | 20.86B | Jan 2007 | TBUX vs SHV |
Lowest Drawdown Alternatives to TBUX
TBUX has a 1-year max drawdown of -0.10%. There are 23 ETFs in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 46.75B | May 2007 | TBUX vs BIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.01% | 97.69B | May 2020 | TBUX vs SGOV | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.01% | 8.40B | Feb 2025 | TBUX vs VBIL | |
| Invesco Short Term Treasury ETF | -0.02% | 2.59B | Jan 2017 | TBUX vs TBLL | |
| Global X 1-3 Month T-Bill ETF | -0.02% | 2.61B | Jun 2023 | TBUX vs CLIP |
Other ETFs from T. Rowe Price
The 10 most viewed T. Rowe Price ETFs shown here include TCAF, TFLR, TDVG and span 7 categories. AUM among these funds goes as high as $8B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Capital Appreciation Equity ETF | Large Cap Blend Equities | 48 | 8.95% | 7.67B | Jun 2023 | TBUX vs TCAF | |
| T. Rowe Price Floating Rate ETF | Bank Loan | 80 | 1.74% | 662.55M | Nov 2022 | TBUX vs TFLR | |
| T. Rowe Price Dividend Growth ETF | Large Cap Growth Equities, Dividend | 67 | 10.37% | 1.39B | Aug 2020 | TBUX vs TDVG | |
| T. Rowe Price Blue Chip Growth ETF | Large Cap Growth Equities | 20 | 1.34% | 2.19B | Aug 2020 | TBUX vs TCHP | |
| T. Rowe Price US Equity Research ETF | Large Cap Blend Equities | 63 | 11.10% | 4.16B | Jun 2021 | TBUX vs TSPA | |
| T. Rowe Price Growth Stock ETF | Large Cap Growth Equities | 22 | 3.16% | 1.03B | Aug 2020 | TBUX vs TGRW | |
| T. Rowe Price International Equity ETF | Foreign Large Cap Equities | 45 | 11.04% | 1.55B | Jun 2023 | TBUX vs TOUS | |
| T. Rowe Price U.S. High Yield ETF | High Yield Bonds | 62 | 2.08% | 845.86M | Oct 2022 | TBUX vs THYF | |
| T. Rowe Price Growth ETF | Large Cap Growth Equities | 24 | 4.09% | 1.51B | Jun 2023 | TBUX vs TGRT | |
| T. Rowe Price Capital Appreciation Premium Income ... | Derivative Income | 14 | 2.27% | 280.59M | Mar 2025 | TBUX vs TCAL |
Often Compared With TBUX
Investors most often compare TBUX with USTB, PULS, BINC. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare TBUX with Any Fund or Stock
Compare TBUX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TBUX with funds that move differently
T. Rowe Price Ultra Short-Term Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TBUX.
Explore TBUX Diversifiers