F/M 10-Year Investment Grade Corporate Bond ETF (ZTEN)
ZTEN is a passive ETF by F/m tracking the investment results of the ICE 10-Year US Target Maturity Corporate Index - Benchmark TR Gross. ZTEN launched on Jan 10, 2024 and has a 0.15% expense ratio.
ETF Info
| Issuer | F/m |
|---|---|
| Inception Date | Jan 10, 2024 |
| Category | Long-Term Bond |
| Leveraged | 1x |
| Index Tracked | ICE 10-Year US Target Maturity Corporate Index - Benchmark TR Gross |
| Asset Class | Bond |
Expense Ratio
ZTEN has an expense ratio of 0.15%, which is considered low compared to other funds.
Share Price Chart
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Popular comparisons: ZTEN vs. FSKAX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in F/M 10-Year Investment Grade Corporate Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 18.10% |
| 1 month | 2.15% | 1.42% |
| 6 months | 7.93% | 10.08% |
| 1 year | N/A | 26.58% |
| 5 years (annualized) | N/A | 13.42% |
| 10 years (annualized) | N/A | 10.87% |
Monthly Returns
The table below presents the monthly returns of ZTEN, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.33% | -1.48% | 1.39% | -2.80% | 2.29% | 0.77% | 2.74% | 1.92% | 7.09% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for F/M 10-Year Investment Grade Corporate Bond ETF (ZTEN) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
F/M 10-Year Investment Grade Corporate Bond ETF granted a 3.03% dividend yield in the last twelve months. The annual payout for that period amounted to $1.58 per share.
| Period | TTM |
|---|---|
| Dividend | $1.58 |
Dividend yield | 3.03% |
Monthly Dividends
The table displays the monthly dividend distributions for F/M 10-Year Investment Grade Corporate Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.29 | $0.19 | $0.23 | $0.22 | $0.22 | $0.20 | $0.22 | $1.58 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the F/M 10-Year Investment Grade Corporate Bond 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 F/M 10-Year Investment Grade Corporate Bond ETF was 4.11%, occurring on Apr 16, 2024. Recovery took 41 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -4.11% | Feb 2, 2024 | 51 | Apr 16, 2024 | 41 | Jun 13, 2024 | 92 |
| -1.58% | Jun 17, 2024 | 10 | Jul 1, 2024 | 3 | Jul 5, 2024 | 13 |
| -1.25% | Jan 16, 2024 | 7 | Jan 24, 2024 | 5 | Jan 31, 2024 | 12 |
| -1.23% | Aug 5, 2024 | 3 | Aug 7, 2024 | 5 | Aug 14, 2024 | 8 |
| -1.09% | Jul 18, 2024 | 5 | Jul 24, 2024 | 4 | Jul 30, 2024 | 9 |
Volatility
Volatility Chart
The current F/M 10-Year Investment Grade Corporate Bond ETF volatility is 1.27%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.