T. Rowe PriceUltrashort BondTBUX · NYSE Arca

T. Rowe Price Ultra Short-Term Bond ETF (TBUX)

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Price: $49.76; —11 Sept 2026
Assets: $1.5B; Total net assets
Expense ratio: 0.17%; Category 0.38%
Yield: 4.29%; Trailing distributions

1Y return: 4.2%+0.3%; Category 3.9%
3Y CAGR: 5.5%+0.4%; Category 5.1%
5Y CAGR: —; Category 3.9%

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T. Rowe Price Ultra Short-Term Bond 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	+0.1%	+0.8%	+2.0%	+2.6%	+4.2%	+5.5%	—	—	+4.0%
Ultrashort Bond average	0.3%	0.8%	2.0%	2.6%	3.9%	5.1%	3.9%	3.0%	3.4%
Difference	-0.1%	0.0%	0.0%	+0.1%	+0.3%	+0.4%	—	—	+0.6%

Holdings

Allocation as last published by the fund.

Sector allocation

Share of the equity the fund holds.

Technology52.7%
Communication services15.2%
Consumer discretionary14.3%
Consumer staples5.5%
Health care5.0%
Industrials3.5%
Materials1.3%
Utilities1.2%
Energy0.6%
Financial services0.5%
Real estate0.2%

Asset mix

Bonds81.8%
Cash18.2%

Credit quality

Share of the bonds by rating.

AAA29.7%
AA7.3%
A24.0%
BBB38.4%
BB0.1%
Other0.5%

ETF details

Issuer: T. Rowe Price
Category: Fixed Income · Ultrashort Bond
Ticker: TBUX
Exchange: NYSE Arca
Inception: 28 Sept 2021 (5.0 years)
Structure: Exchange Traded Fund
Expense ratio: 0.17% (category 0.38%)
Holdings turnover: 78% (category 63%)
Distribution yield: 4.29%
Beta, 3 years: 0.07
Total net assets: $1.5B
Average duration: 4.59 years
Average maturity: 9.96 years

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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