Northern TrustUltrashort BondRAVI · NYSE Arca

Northern Trust Ultra-Short Income ETF (RAVI)

Compare Ultrashort Bond ETFs Compare with others

Price: $75.26; —30 Oct 2026
Assets: $1.6B; Total net assets
Expense ratio: 0.25%; Category 0.38%
Yield: 4.26%; Trailing distributions

1Y return: 3.8%0.0%; Category 3.8%
3Y CAGR: 5.0%-0.1%; Category 5.0%
5Y CAGR: 3.8%-0.2%; Category 4.0%

Loading NAV history…

Northern Trust Ultra-Short Income ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+0.4%	+0.8%	+1.8%	+3.0%	+3.8%	+5.0%	+3.8%	+2.8%	+2.2%
Ultrashort Bond average	0.4%	0.8%	1.8%	3.0%	3.8%	5.0%	4.0%	3.0%	3.3%
Difference	0.0%	0.0%	+0.1%	0.0%	0.0%	-0.1%	-0.2%	-0.3%	-1.2%

Holdings

Allocation as last published by the fund.

Credit quality

Share of the bonds by rating.

US government1.1%
AAA6.5%
AA15.9%
A47.3%
BBB29.5%
Other0.9%

Asset mix

Bonds89.8%
Cash10.0%
Preferred shares0.2%

ETF details

Issuer: Northern Trust
Category: Fixed Income · Ultrashort Bond
Ticker: RAVI
Exchange: NYSE Arca
Inception: 9 Oct 2012 (14.1 years)
Structure: Exchange Traded Fund
Expense ratio: 0.25% (category 0.38%)
Holdings turnover: 68% (category 63%)
Distribution yield: 4.26%
Beta, 3 years: 0.04
Total net assets: $1.6B
Average duration: 4.42 years
Average maturity: 9.98 years

Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other ultrashort bond ETFs

Other ETFs in the Ultrashort Bond category.

Compare Ultrashort Bond ETFs