See what your fund actually adds
T. Rowe Price Ultra Short-Term Bond ETF TBUX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | TBUX | Replication |
|---|---|---|
| Annualized growth | 4.1% | 3.3% |
| Annualized volatility | 0.7% | 0.5% |
| Sharpe ratio | 5.98 | 6.19 |
| Maximum drawdown | 1.7% | 1.1% |
| Replication fit (R²) | 0.71 · Tracking error 0.4% | |
Replication portfolio
The published portfolio below is the investable basket used to model TBUX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| BIL | FI · Ultra-Short | 72.9% |
| VGSH | FI · Short Gov | 23.3% |
| BKLN | FI · Senior Bank Loans | 3.9% |