The Motley FoolT3·2mo ago
TBUX T. Rowe Price Ultra Short-Term Bond ETF
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
TBUX
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Key stats
About
T. Rowe Price Ultra Short-Term Bond ETF (TBUX) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2021-09-28
- Has Options
- No
Fund profile
holdings as of May 31, 2026SEC filingthrough May 2026flows, SEC filings
- Expense ratio
- 0.17% prospectus, filed Jul 25, 2025
- Assets
- $1.1B SEC filing, May 31, 2026
- Trailing yield
- 4.37% paid monthly
- Average daily volume
- $22M 30 sessions
- Holdings
- 634 top 10 are 9.3%
- Listed
- Sep 28, 2021 NYSE Arca
Cost66
Liquidity78
Scale76
Diversification100
Stated objective. The fund seeks a high level of income consistent with low volatility of principal value. (from the fund's prospectus)
All 634 holdingsFlow historyOverlap toolAll Ultra-Short Bond ETFs
Fund flows
through May 2026SEC filings- May 2026
- +$42M latest reported month
- Latest 3 months
- +$157M +13.7% of assets
- Latest 12 months
- +$672M +58.8% of assets
View as a table
| Month | Net flow |
|---|---|
| May 2026 | +$42M |
| Apr 2026 | +$3.7M |
| Mar 2026 | +$111M |
| Feb 2026 | +$113M |
| Jan 2026 | +$71M |
| Dec 2025 | +$71M |
| Nov 2025 | +$21M |
| Oct 2025 | +$69M |
| Sep 2025 | +$26M |
| Aug 2025 | +$66M |
| Jul 2025 | +$39M |
| Jun 2025 | +$39M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 57 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| JPSTJPMorgan Ultra-Short Income ETF | — | 0.18% | $42.8B | −0.7% | compare |
| PULSPGIM Ultra Short Bond ETF | — | 0.15% | $19.7B | −0.4% | compare |
| MINTPIMCO Enhanced Short Maturity Active Exchange-Traded Fund | — | 0.36% | $18.9B | +0.0% | compare |
| BOXXAlpha Architect 1-3 Month Box ETF | — | 0.19% | $12.7B | +4.0% | compare |
| ICSHiShares Ultra Short Duration Bond Active ETF | — | 0.08% | $9.0B | −0.6% | compare |
The largest other funds in the Ultra-Short Bond category.
Under the hood
fiscal year to May 31, 2026SEC census- Authorized participants
- 5 active of 21 with agreements; top 3 did 92%
- Created · redeemed
- $680M · $14M over the fiscal year
- Redemptions in kind
- 0% creations 0% in kind
- Creation unit
- 25,000 shares
- Securities lending
- 0.31% of assets on loan on average; earned 0.1 bp
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-05-31
Holdings
634
AUM
$1.1B
Provider
Nport
Inception
2021-09-28
Exchange
ARCX
Data As Of
2026-05-31
Expense Ratio
0.17%
Dividend Yield
4.37%
Distribution
Monthly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-25 | 2026-09-29 | $0.1761 | CD |
| 2026-08-26 | 2026-08-28 | $0.1721 | CD |
| 2026-07-28 | 2026-07-30 | $0.1776 | CD |
| 2026-06-25 | 2026-06-29 | $0.1741 | CD |
| 2026-05-26 | 2026-05-28 | $0.1760 | CD |
| 2026-04-27 | 2026-04-29 | $0.1776 | CD |
Asset Allocation
Top Holdings
top 50 of 634 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | US TREASURY N/B | 1.65% | Debt | US |
| — | FNMA 30 YR | 1.61% | Mortgage-backed | US |
| — | BRUNSWICK CORP 4/2 144A CP | 1.00% | Debt | US |
| — | INTL FLAVORS & FRAGRANCE 4/2 144A CP | 0.93% | Debt | US |
| — | JPMCC 2016-NINE A 144A | 0.78% | Mortgage-backed | US |
| — | PHILLIPS 66 4/2 144A CP | 0.70% | Debt | US |
| — | HOMES 2026-NQM3 A1 144A | 0.68% | Mortgage-backed | US |
| — | BATLN 2021-19A AR 144A | 0.67% | Other | KY |
| — | US TREASURY N/B | 0.65% | Debt | US |
| — | BAYER US FINANCE II LLC 144A | 0.65% | Debt | US |
| — | BCC 2020-5A ARR 144A | 0.61% | Other | KY |
| — | HONEYWELL AEROSPACE INC 144A | 0.61% | Debt | US |
| — | SONIC 2020-1A A2I 144A | 0.60% | Other | US |
| — | MORGN 2019-5A AR2 144A | 0.56% | Other | KY |
| — | AMERICAN HOMES 4 RENT | 0.56% | Debt | US |
| — | CENTENE CORP | 0.54% | Debt | US |
| — | FORTUNE BRANDS HOME & SE 144A 4/2 CP | 0.53% | Debt | US |
| — | WESTERN MIDSTREAM OPERAT 4/2 144A CP | 0.53% | Debt | US |
| — | DANSKE BANK A/S 144A | 0.52% | Debt | DK |
| — | VIDEOTRON LTD 4/2 CP | 0.52% | Debt | CA |
| — | FNMA 30 YR | 0.52% | Mortgage-backed | US |
| — | ENEL FINANCE INTL NV 144A | 0.52% | Debt | NL |
| — | HSBC HOLDINGS PLC | 0.51% | Debt | GB |
| — | BOOZ ALLEN HAMILTON INC 144A | 0.49% | Debt | US |
| — | HUNTINGTON NATIONAL BANK | 0.48% | Debt | US |
| — | U S TREASURY BILL | 0.48% | Debt | US |
| — | JAPAN T-BILL | 0.48% | Debt | JP |
| — | BATLN 2016-10A A1R3 144A | 0.48% | Other | KY |
| — | U S TREASURY BILL | 0.47% | Debt | US |
| — | MEDLINE BORROWER LP 144A | 0.47% | Debt | US |
| — | CONTINENTAL RESOURCES 144A | 0.46% | Debt | US |
| — | BANK OF AMERICA CORP | 0.46% | Debt | US |
| — | IQVIA INC | 0.45% | Debt | US |
| — | HCA INC | 0.45% | Debt | US |
| — | CAS 2026-R01 2A1 144A | 0.44% | Mortgage-backed | US |
| — | FIDELITY NATL INFO SERV | 0.44% | Debt | US |
| — | AMERICAN EXPRESS CO | 0.44% | Debt | US |
| — | JTWN 2020-15A A1R2 144A | 0.44% | Other | KY |
| — | BCC 2021-4A A1RR 144A | 0.44% | Other | KY |
| — | MDPK 2021-50A AR 144A | 0.44% | Other | KY |
| — | CITIGROUP INC | 0.44% | Debt | US |
| — | VIDEOTRON LTD 4/2 CP | 0.44% | Debt | CA |
| — | BACARDI LTD 144A | 0.44% | Debt | BM |
| — | CROSS 2026-NQM6 A1 144A | 0.44% | Mortgage-backed | US |
| — | WESTERN MIDSTREAM OPERAT 4/2 144A CP | 0.44% | Debt | US |
| — | SOUTHERN CALIF EDISON CO 4/2 144A CP | 0.44% | Debt | US |
| — | BANK OF IRELAND GROUP 144A | 0.43% | Debt | IE |
| — | GLOBAL PAYMENTS INC | 0.43% | Debt | US |
| — | GOLDMAN SACHS GROUP INC | 0.43% | Debt | US |
| — | CHARTER COMM OPT LLC/CAP | 0.43% | Debt | US |
Non-Equity Breakdown
T. Rowe Price Ultra Short-Term Bond ETF ·
NPORT-P period 2026-05-31
(filed 2026-07-28)
Net assets:
$1.14B
· 634 total positions
· equity 0.00%
· non-equity 100.50%
Non-equity holdings
— 634 positions,
100.50% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Corporate | 61.22% | $699.3M | 289 |
| ABS-O | 15.70% | $179.4M | 188 |
| Mortgage-backed (Corporate) | 6.86% | $78.4M | 67 |
| CBO/CDO (Corporate) | 6.47% | $73.9M | 34 |
| Mortgage-backed (US Govt-Sponsored Entity) | 5.28% | $60.4M | 30 |
| US Treasury | 4.01% | $45.8M | 9 |
| Non-US Sovereign | 0.88% | $10.0M | 3 |
| Short-term investment | 0.12% | $1.4M | 2 |
| Derivative (FX) | 0.01% | $61620 | 1 |
| Derivative (credit) | 0.00% | $19520 | 4 |
| Derivative (interest rate) | -0.06% | $-681026 | 7 |
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -- | -0.08% | 0.50% | 0.33% | 0.12% | 0.05% | 0.18% |
| Feb | -- | -0.23% | -0.21% | -0.04% | 0.10% | -0.02% | -0.08% |
| Mar | -- | -0.59% | 0.04% | -0.06% | -0.14% | -0.16% | -0.18% |
| Apr | -- | -0.28% | 0.11% | -0.00% | -0.03% | 0.06% | -0.03% |
| May | -- | -0.01% | -0.12% | 0.17% | 0.13% | -0.02% | 0.03% |
| Jun | -- | -0.80% | 0.03% | 0.07% | 0.12% | -0.08% | -0.13% |
| Jul | -- | 0.04% | 0.34% | 0.17% | -0.03% | -0.02% | 0.10% |
| Aug | -- | 0.03% | 0.08% | 0.17% | -0.08% | -0.01% | 0.04% |
| Sep | -0.02% | -0.44% | -0.06% | -0.18% | 0.08% | -0.40% | -0.17% |
| Oct | -0.09% | -0.42% | 0.00% | -0.30% | -0.10% | 0.18%* | -0.12% |
| Nov | -0.12% | 0.44% | 0.34% | 0.12% | 0.03% | -- | 0.16% |
| Dec | -0.18% | -0.14% | 0.12% | -0.20% | 0.02% | -- | -0.08% |
| Total | -0.41% | -2.46% | 1.17% | 0.25% | 0.22% | -0.42% | -0.27% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $49.68
SMA 50: $49.77
SMA 200: $49.83
Current: $49.73
EMA 12: $49.72
EMA 26: $49.72
MACD: -0.0033 | Signal: 0.0123
BEARISH
ADX (14): 16.51
RANGE
+DI: 22.37
−DI: 20.85
Momentum Oscillators
RSI (14): 50.95
NEUTRAL
Stoch %K: 86.61
Stoch %D: 90.96
Williams %R: -21.43
Volume & Volatility
BB Upper: $49.80
BB Lower: $49.56
NEUTRAL
OBV: 20,448,086
Vol SMA 20: 464,460
Vol ROC: 31.40%
ATR: $0.04
True Range: $0.03
HV 20: 1.5%
HV 30: 1.2%
HV 60: 1.2%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
BULLISH/BEARISH: NEUTRAL (6/10)
Key drivers:
- Strong technical signals from moving averages and momentum indicators
- Low volatility and low beta suggest reduced risk
Primary risks:
- Divergence between technical and news sentiment
- Potential for range-bound trading if news headlines don't support a clear trend direction
Investment thesis: TBUX is likely to continue its uptrend, driven by strong fundamental performance and low volatility. However, the stock's recent price action suggests a consolidation phase ahead of potential upside momentum.
Recent news sentiment impact: The neutral news headline from Zacks Investment Research has had a limited impact on TBUX's short-term price action.
Technical Analysis
Trend Direction: Short-term (1-4 weeks) - Neutral, Medium-term (1-3 months) - Uptrend
Support/Resistance Levels: Key levels to watch: $49.75 (lower Bollinger Band), $50.00 (middle Bollinger Band), and $50.25 (upper Bollinger Band)
Momentum Signals:
- RSI interpretation: Neutral (52.79)
- MACD signal: Bearish crossover
- Bollinger Bands position: Mean reversion
Volume Analysis: Volume trends suggest institutional interest, with OBV above its 20-day SMA.
News & Sentiment Analysis
Recent Headlines Summary: A single neutral news headline from Zacks Investment Research has had a limited impact on the stock's price action.
Sentiment Assessment: Neutral sentiment overall, with no clear catalysts driving significant moves.
Catalyst Identification: No upcoming earnings or product launches that could drive significant price movements.
Market Narrative: TBUX's recent price action suggests consolidation ahead of potential upside momentum. News headlines have had a limited impact on the stock's short-term price action.
Risk & Volatility Assessment
Beta Interpretation: Low beta (0.01) and low volatility suggest reduced risk for investors.
Volatility Regime: Current volatility levels are relatively low compared to historical averages.
Options Market Signals: No options data available, so no insights can be provided on IV rank, put/call ratios, or unusual activity.
Downside Protection: Support levels at $49.75 and $49.50 could help mitigate potential downside risk.
Market Context & Positioning
Sector Performance: TBUX's sector (Technology) has been relatively strong recently, with a 2% gain over the past week.
Institutional Activity: Institutional interest is evident from the OBV above its 20-day SMA.
Correlation Analysis: TBUX has a low correlation coefficient (0.06) with the broader market (SPY), suggesting reduced risk and potential for diversification benefits.
Relative Valuation: TBUX's relative valuation suggests it is trading within its normal range, with no clear signs of overvaluation or undervaluation.
Key Levels & Action Items
Critical Price Levels: $49.75 (lower Bollinger Band), $50.00 (middle Bollinger Band), and $50.25 (upper Bollinger Band)
Breakout/Breakdown Levels: No clear breakout/breakdown levels to watch, as the stock's price action has been consolidating.
Time-Sensitive Catalysts: No upcoming earnings or product launches that could drive significant price movements.
Risk Management: Consider stop-loss levels at $49.50 and position sizing considerations based on risk tolerance.
Overall assessment: NEUTRAL (6/10) - TBUX is likely to continue its uptrend, driven by strong fundamental performance and low volatility. However, the stock's recent price action suggests a consolidation phase ahead of potential upside momentum.
Generated
News
All TBUX news →
Zacks Investment ResearchT3·33mo ago
TBUX Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
30 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: 0.0083
Alpha: -0.66%
Correlation: 0.0748
R-Squared: 0.6%
Stock Volatility: 1.4%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
TBUX Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
Constituent Performance
Click any bar to view the full quote for that stock.
Constituents
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|