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T. Rowe Price Exchange-Traded Funds Inc. - T. Rowe Price Ultra Short-Term Bond ETF (TBUX)



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Upturn Advisory Summary
08/14/2025: TBUX (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type ETF | Historic Profit 14.25% | Avg. Invested days 543 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | ETF Returns Performance ![]() |
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Key Highlights
Volume (30-day avg) - | Beta 0.08 | 52 Weeks Range 46.97 - 49.81 | Updated Date 06/29/2025 |
52 Weeks Range 46.97 - 49.81 | Updated Date 06/29/2025 |
Upturn AI SWOT
T. Rowe Price Exchange-Traded Funds Inc. - T. Rowe Price Ultra Short-Term Bond ETF
ETF Overview
Overview
The T. Rowe Price Ultra Short-Term Bond ETF (TBUX) seeks to maximize current income consistent with the preservation of capital and maintenance of liquidity by investing primarily in investment-grade, U.S. dollar-denominated short-term fixed income securities. It focuses on ultra-short-term bond market exposure.
Reputation and Reliability
T. Rowe Price is a well-established and reputable investment management firm with a long history of managing fixed income assets.
Management Expertise
The management team has extensive experience in fixed income markets and utilizes a disciplined investment process.
Investment Objective
Goal
To maximize current income consistent with capital preservation and liquidity.
Investment Approach and Strategy
Strategy: The ETF does not track a specific index but aims to outperform its benchmark through active management of ultra-short-term bonds.
Composition Primarily invests in investment-grade U.S. dollar-denominated fixed income securities, including corporate bonds, government securities, and asset-backed securities.
Market Position
Market Share: Data not readily available to determine exact market share.
Total Net Assets (AUM): 104000000
Competitors
Key Competitors
- MINT
- NEAR
- GSYQ
Competitive Landscape
The ultra-short-term bond ETF market is competitive with various issuers. T. Rowe Price's reputation and active management approach differentiate TBUX. Smaller AUM may be a disadvantage.
Financial Performance
Historical Performance: Historical performance data not detailed here; refer to fund factsheet.
Benchmark Comparison: Refer to fund factsheet for benchmark comparison.
Expense Ratio: 0.21
Liquidity
Average Trading Volume
Average trading volume indicates sufficient liquidity for most investors.
Bid-Ask Spread
The bid-ask spread reflects the cost of trading the ETF, which is generally tight for actively traded ETFs.
Market Dynamics
Market Environment Factors
Interest rate movements, credit spreads, and overall economic conditions impact TBUX's performance.
Growth Trajectory
Growth depends on investor demand for short-term bond exposure and T. Rowe Price's ability to deliver competitive returns.
Moat and Competitive Advantages
Competitive Edge
TBUX benefits from T. Rowe Price's established reputation and expertise in fixed income management. The active management approach seeks to generate alpha beyond a passive index. The focus on ultra-short-term bonds provides a specific risk/return profile attractive to certain investors. Strong risk management and liquidity maintenance is emphasized.
Risk Analysis
Volatility
Ultra-short-term bond ETFs generally exhibit low volatility compared to longer-duration bond funds or equity investments.
Market Risk
Market risk includes interest rate risk (although mitigated by short duration), credit risk of underlying holdings, and liquidity risk.
Investor Profile
Ideal Investor Profile
Investors seeking capital preservation, liquidity, and a slightly higher yield than cash equivalents are ideal investors.
Market Risk
Suitable for long-term investors seeking a conservative fixed income allocation or active traders looking for short-term opportunities.
Summary
T. Rowe Price Ultra Short-Term Bond ETF (TBUX) offers a conservative approach to fixed income investing. It aims to provide current income with capital preservation. The fund is actively managed by T. Rowe Price's experienced fixed income team. It is suitable for investors seeking a low-volatility alternative to cash.
Peer Comparison
Sources and Disclaimers
Data Sources:
- T. Rowe Price Website
- ETF.com
- Morningstar
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Market share data may not be readily available. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About T. Rowe Price Exchange-Traded Funds Inc. - T. Rowe Price Ultra Short-Term Bond ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website |
Under normal conditions, the fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in bonds. The fund invests in a diversified portfolio of shorter-term investment-grade corporate and government securities, including mortgage- and asset-backed securities, municipal securities, money market securities and bank obligations, and securities of foreign issuers, including up to 10% of net assets in non-U.S. dollar-denominated securities of foreign issuers.

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