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ISIN
US00039J1034
Inception Date
Sep 13, 2022
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Bond
Assets Under Management
$1B

Share Price Chart


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Performance

YEAR Performance Chart

AB Ultra Short Income ETF (YEAR) is up 1.2% since the beginning of the year. YEAR is currently trading at $50 per share.


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S&P 500 Index

Returns By Period

AB Ultra Short Income ETF (YEAR) has returned 1.22% so far this year and 3.66% over the past 12 months.


AB Ultra Short Income ETF

1D
-0.05%
1M
0.19%
YTD
1.22%
6M
1.34%
1Y
3.66%
3Y*
4.94%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

YEAR Monthly Returns History

Based on dividend-adjusted daily data since Sep 14, 2022, YEAR's average daily return is +0.02%, while the average monthly return is +0.39%. At this rate, an investment would double in approximately 14.8 years.

Historically, 89% of months were positive and 11% were negative. The best month was Nov 2022 with a return of +1.0%, while the worst month was Sep 2022 at -0.4%. The longest winning streak lasted 24 consecutive months, and the longest losing streak was 2 months.

On a daily basis, YEAR closed higher 59% of trading days. The best single day was Jan 31, 2024 with a return of +0.5%, while the worst single day was May 7, 2024 at -0.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.30%0.37%-0.01%0.25%0.31%-0.01%1.22%
20250.42%0.55%0.28%0.56%0.18%0.48%0.20%0.63%0.26%0.36%0.37%0.30%4.69%
20240.95%-0.12%0.43%0.17%0.66%0.48%0.77%0.58%0.58%0.04%0.38%0.35%5.41%
20230.72%0.07%0.41%0.55%0.30%0.23%0.75%0.40%0.25%0.46%0.75%0.80%5.85%
2022-0.40%-0.05%0.97%0.56%1.07%

Benchmark Metrics

AB Ultra Short Income ETF has an annualized alpha of 4.76%, beta of 0.01, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since September 14, 2022.

  • This ETF captured 9.81% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -9.51%) - a profile typical of hedging or uncorrelated assets.
  • Beta of 0.01 may look defensive, but with R2 of 0.01 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R2 of 0.01 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
4.76%
Beta
0.01
0.01
Upside Capture
9.81%
Downside Capture
-9.51%

Expense Ratio

YEAR has an expense ratio of 0.25%, which is considered low.


Return for Risk

Risk / Return Rank

YEAR ranks 98 for risk / return — in the top 98% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


YEAR Risk / Return Rank: 9898
Overall Rank
YEAR Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
YEAR Sortino Ratio Rank: 9898
Sortino Ratio Rank
YEAR Omega Ratio Rank: 9898
Omega Ratio Rank
YEAR Calmar Ratio Rank: 9898
Calmar Ratio Rank
YEAR Martin Ratio Rank: 9898
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for AB Ultra Short Income ETF (YEAR) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


YEARBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+2.63

Sortino ratioReturn per unit of downside risk

+5.67

Omega ratioGain probability vs. loss probability

2.10

1.37

+0.73

Calmar ratioReturn relative to maximum drawdown

16.17

2.78

+13.38

Martin ratioReturn relative to average drawdown

69.73

12.44

+57.30

Dividends

Dividend History

AB Ultra Short Income ETF provided a 4.14% dividend yield over the last twelve months, with an annual payout of $2.08 per share.


1.00%2.00%3.00%4.00%5.00%$0.00$0.50$1.00$1.50$2.00$2.502022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022
Dividend$2.08$2.19$2.60$2.52$0.60

Dividend yield

4.14%4.33%5.16%5.00%1.19%

Monthly Dividends

The table displays the monthly dividend distributions for AB Ultra Short Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.17$0.17$0.16$0.17$0.16$0.83
2025$0.00$0.18$0.19$0.19$0.18$0.19$0.18$0.18$0.18$0.18$0.17$0.37$2.19
2024$0.00$0.19$0.22$0.23$0.22$0.22$0.21$0.22$0.22$0.21$0.20$0.47$2.60
2023$0.00$0.18$0.18$0.19$0.20$0.18$0.25$0.22$0.21$0.22$0.23$0.46$2.52
2022$0.09$0.16$0.35$0.60

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the AB Ultra Short Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the AB Ultra Short Income ETF was 0.64%, occurring on Oct 20, 2022. Recovery took 15 trading sessions.

The current AB Ultra Short Income ETF drawdown is 0.09%.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-0.64%Oct 2022
1mo 6d21d
1mo 27dSep 2022 - Nov 2022
2023 pullback2023
-0.55%Mar 2023
2d20d
22dMar 2023 - Apr 2023
2024 pullback2024
-0.43%Feb 2024
4d1mo 1d
1mo 5dFeb 2024 - Mar 2024
2024 pullback2024
-0.42%May 2024
0s27d
27dMay 2024 - Jun 2024
2025 selloff2025
-0.30%Apr 2025
7d10d
17dApr 2025 - Apr 2025

Drawdown Indicators


YEARBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-0.64%

-56.78%

+56.14%

Max Drawdown (1Y)

Largest decline over 1 year

-0.23%

-9.10%

+8.87%

Max Drawdown (3Y)

Largest decline over 3 years

-0.43%

-18.90%

+18.47%

Max Drawdown (5Y)

Largest decline over 5 years

-25.43%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-0.09%

-1.80%

+1.71%

Average Drawdown

Average peak-to-trough decline

-0.06%

-10.71%

+10.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.05%

2.03%

-1.98%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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