F/M 3-Year Investment Grade Corporate Bond ETF (ZTRE)
ZTRE is a passive ETF by F/m tracking the investment results of the ICE 3-Year US Target Maturity Corporate Index - Benchmark TR Gross. ZTRE launched on Jan 10, 2024 and has a 0.15% expense ratio.
ETF Info
| Issuer | F/m |
|---|---|
| Inception Date | Jan 10, 2024 |
| Category | Short-Term Bond |
| Leveraged | 1x |
| Index Tracked | ICE 3-Year US Target Maturity Corporate Index - Benchmark TR Gross |
| Asset Class | Bond |
Expense Ratio
ZTRE has an expense ratio of 0.15%, which is considered low compared to other funds.
Share Price Chart
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Popular comparisons: ZTRE vs. ZTWO, ZTRE vs. OXLC
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in F/M 3-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 | 1.27% | 1.42% |
| 6 months | 5.23% | 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 ZTRE, 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 | 0.19% | -0.59% | 0.74% | -0.70% | 1.08% | 0.50% | 1.51% | 1.31% | 5.04% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for F/M 3-Year Investment Grade Corporate Bond ETF (ZTRE) 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 3-Year Investment Grade Corporate Bond ETF granted a 2.93% dividend yield in the last twelve months. The annual payout for that period amounted to $1.50 per share.
| Period | TTM |
|---|---|
| Dividend | $1.50 |
Dividend yield | 2.93% |
Monthly Dividends
The table displays the monthly dividend distributions for F/M 3-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 | $0.21 | $0.20 | $0.20 | $0.20 | $0.19 | $1.50 |
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 3-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 3-Year Investment Grade Corporate Bond ETF was 1.05%, occurring on Apr 16, 2024. Recovery took 14 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -1.05% | Mar 28, 2024 | 13 | Apr 16, 2024 | 14 | May 6, 2024 | 27 |
| -0.92% | Feb 2, 2024 | 8 | Feb 13, 2024 | 27 | Mar 22, 2024 | 35 |
| -0.54% | Jan 16, 2024 | 4 | Jan 19, 2024 | 9 | Feb 1, 2024 | 13 |
| -0.49% | May 16, 2024 | 9 | May 29, 2024 | 3 | Jun 3, 2024 | 12 |
| -0.45% | Aug 5, 2024 | 3 | Aug 7, 2024 | 5 | Aug 14, 2024 | 8 |
Volatility
Volatility Chart
The current F/M 3-Year Investment Grade Corporate Bond ETF volatility is 0.62%, 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.