ThriventBonds & CashUltra-Short#45 of 786 by YTD

Thrivent Ultra Short Bond ETFTUSB

1D 1M 3M YTD 1Y3Y5YMAX

S&P 500 Compare

$50.38−0.1%

−$0.05 · Nov 6 close

Buy

AUM: $199M
Fee: 0.20%
Yield: 4.2%

Bumpy · 1Y: 0.1×S&P
Volume: 61K
NAV: $50.35

What's insideAll 482 →

US TREASURY N/B 12/27 3.375 6.7%US TREASURY N/B 01/28 3.5 5.2%WELLS FARGO + COMPANY SR UNSECURED 09/30 VAR 1.2%BANK OF AMERICA CORP SR UNSECURED 10/29 VAR 1.0%

52-week range9% below the high

$50.05$55.23

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	−0.1%	+0.2%	+0.9%	+3.5%	+4.3%	—	—	+7.8%
Peer average	0.0%	+0.5%	+0.7%	+2.9%	+3.6%	+15.5%	+18.5%	—
S&P 500 · VOO	+0.3%	−5.0%	−4.6%	+8.7%	+9.8%	+80.8%	+71.8%	—

TUSB in One Breath

TUSB Among Ultra-Short ETFs

YTD

#1FUSIAmerican Century+4.3%$75.5M

#2RBILF/m+3.8%$176M

#3GMOCGMO+3.6%$31.0M

#4MINTPIMCO+3.5%$18.3B

#5TUSBThrivent+3.5%$199M

#6TUSITouchstone+3.4%$859M

#7KCSHKraneShares+3.4%$174M

#8PULSPGIM+3.4%$19.8B

#9BUXXStrive+3.3%$549M

End-of-day Nov 8, 2026 · 50 Ultra-short ETFs by YTD

$10,000 in TUSB

$10,000 in TUSB became

$10,781

In the S&P 500 (VOO)

$12,246

Total return, dividends in · Feb 19, 2025 – Nov 6, 2026 · S&P 500 uses VOO

TUSB’s Top Holdings

Today

US TREASURY N/Us Treasury N/b 12/27 3.3756.7%US TREASURY 5.2%WELLS FARGO 1.2%BANK OF AMER1.0%MICROSOFT CO1.0%ABBOTT LABOR1.0%CITIGROUP IN1.0%NVIDIA CORP 1.0%HONEYWELL AE0.9%GOLDMAN SACH0.8%JPMORGAN CHA0.7%SYSCO HOLD/S0.7%AUST + NZ BA0.7%TORONTO DOMI0.7%JPMORGAN CHA0.7%APPLE INC SR0.7%MARS INC SR 0.7%AT+T INC SR 0.7%BANK BANK 200.7%COREBRIDGE F0.7%BAIN CAPITAL0.6%PNC FINANCIA0.6%

Thrivent TUSB · 463 holdings · top 22 shown · tile size = share of the fund · as of Nov 6, 2026

What TUSB Holds

Today

All holdings100.0%

US TREASUR 6.7 · US TREASUR 5.2 · WELLS FARG 1.2 · BANK OF AM · MICROSOFT · ABBOTT LAB · CITIGROUP

Thrivent TUSB · share of the fund · as of Nov 6, 2026

Us’ Share of TUSB

Today

6.7%

$67 of every $1,000 in TUSB is Us

Us held by TUSB

$13.4M

Thrivent TUSB · each square = $10 of $1,000 · as of Nov 6, 2026

TUSB’s Share of Ultra-Short ETFs

Today

0.1%

of the $153B in 56 Ultra-short ETFs

TUSB$199M0.1%

JPST$42.4B27.8%

PULS$19.8B13.0%

53 others$90.4B59.1%

Ultra-short ETF AUM · Nov 8, 2026

TUSB Fee per $100 vs Peers

Today

$0.20a year
per $100

$20 a year on $10,000

ICSH$0.08

VUSB$0.10

PULS$0.15

JPST$0.18

TUSB$0.20

MINT$0.36

Expense ratio · Ultra-short peers · Nov 8, 2026

Inside TUSB

463 holdings · as of Nov 6, 2026

TUSB

Thrivent Ultra Short Bond ETF

Today

All holdings100.0%US Treasur6.7%US Treasur5.2%449 more holdings77.3% of the fund

All holdings100.0%US Treasur6.7%US Treasur5.2%457 more holdings83.8% of the fund

#	Ticker	Company	Weight ▼
1	—	US Treasury N/B 12/27 3.375	6.74%
2	—	US Treasury N/B 01/28 3.5	5.23%
3	—	Wells Fargo + Company SR Unsecured 09/30 VAR	1.23%
4	—	Bank OF America SR Unsecured 10/29 VAR	0.99%
5	—	Microsoft SR Unsecured 11/28 4.85	0.99%
6	—	Abbott Laboratories SR Unsecured 03/29 VAR	0.98%
7	—	Citigroup SR Unsecured 09/29 VAR	0.98%
8	—	Nvidia SR Unsecured 06/28 4.25	0.97%
9	—	Honeywell Aerospace SR Unsecured 03/29 VAR	0.86%
10	—	Goldman Sachs Group SR Unsecured 04/28 VAR	0.79%

See all 482 holdings ↓

Thrivent TUSB · current holdings by weight · as of Nov 6, 2026 · each tile is one holding · top 20 = 27.0%

All TUSB Holdings

482 holdings · as of Nov 6, 2026

TUSB

TUSB’s Holdings

Today

#
1	—US Treasury N/B 12/27 3.375	6.74%	$673.54	13.9M	$13.7M
2	—US Treasury N/B 01/28 3.5	5.23%	$522.89	10.8M	$10.6M
3	—Wells Fargo + Company SR Unsecured 09/30 VAR	1.23%	$123.28	2.5M	$2.5M
4	—Bank OF America SR Unsecured 10/29 VAR	0.99%	$98.81	2.0M	$2.0M
5	—Microsoft SR Unsecured 11/28 4.85	0.99%	$98.66	2.0M	$2.0M
6	—Abbott Laboratories SR Unsecured 03/29 VAR	0.98%	$98.49	2.0M	$2.0M
7	—Citigroup SR Unsecured 09/29 VAR	0.98%	$98.49	2.0M	$2.0M
8	—Nvidia SR Unsecured 06/28 4.25	0.97%	$97.45	2.0M	$2.0M
9	—Honeywell Aerospace SR Unsecured 03/29 VAR	0.86%	$86.24	1.8M	$1.8M
10	—Goldman Sachs Group SR Unsecured 04/28 VAR	0.79%	$78.97	1.6M	$1.6M
11	—Jpmorgan Chase + SR Unsecured 10/30 VAR	0.75%	$74.57	1.5M	$1.5M
12	—Sysco Hold/sysc Company Guar 10/29 5.45	0.74%	$74.25	1.5M	$1.5M
13	—Aust + NZ Banking GRP NY SR Unsecured 08/29 5.15	0.74%	$74.16	1.5M	$1.5M
14	—Toronto Dominion Bank SR Unsecured 09/28 5.198	0.74%	$74.03	1.5M	$1.5M
15	—Jpmorgan Chase + SR Unsecured 01/28 VAR	0.74%	$73.83	1.5M	$1.5M

Thrivent TUSB · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 6, 2026

How It Compares

TUSB

Thrivent Ultra Short Bond ETF’s Peers


JPST	J.P. MorganRead Desk	0.18%	+3.6%	+2.9%	$42.4B
PULS	PGIMRead Desk	0.15%	+4.1%	+3.4%	$19.8B
MINT	PIMCORead Desk	0.36%	+4.3%	+3.5%	$18.3B
VUSB	VanguardRead Desk	0.10%	+3.8%	+2.9%	$9.9B
ICSH	iSharesRead Desk	0.08%	+3.7%	+3.0%	$8.9B
TUSB	ThriventThis fundRead Desk	0.20%	+4.3%	+3.5%	$199M

Ultra-short peers · Past-year and ytd returns · as of Nov 9, 2026 · sorted by AUM

Head to Head

Put TUSB head to head with JPST →

JPST vs TUSB

YTD

JPSTJ.P. Morgan · Ultra-shortTUSBThrivent · Ultra-short

Year to date

+2.9%

+3.5%

TUSB wins+0.6 pts

Past year

+3.6%

+4.3%

TUSB wins+0.7 pts

Fee

0.18%

0.20%

JPST winslower fee

Yield

4.1%

4.2%

TUSB wins+0.1 pts

AUM

$42.4B

$199M

JPST213.3× more

3–1TUSB wins

J.P. Morgan JPST and Thrivent TUSB · year-to-date · as of Nov 9, 2026 · AUM not scored

TUSB vs VOO

TUSB · Thrivent Ultra Short Bond

+4.3%

VOO · S&P 500

+9.8%

Gap

5.5 pts

Thrivent TUSB and Vanguard VOO · 1Y total return · as of Nov 9, 2026

TUSB vs Its Peer Average

YTD

TUSBAvsBPeer average

1D−0.1%0.0%

1M+0.2%+0.5%

3M+0.9%+0.7%

YTD+3.5%+2.9%

1Y+4.3%+3.6%

3Y[…]+15.5%

5Y[…]+18.5%

3–2TUSB wins

55 Ultra-short peers · each row scaled to its leader

How Bumpy Is TUSB?

View

TUSB

How Bumpy

0.1×the S&P 500’s swings

CalmerBumpierS&P 1×TUSB

Bumpiest of 7 ultra-short fundsTUSB

Other ultra-short funds0.0× to 0.1×

Thrivent TUSB · daily swings over the past year vs the S&P 500

TUSB

Worst Drop

−0.2%from its Mar 5 high

Still below the high−0.1%

$10,000 at the high is now$9,990

Thrivent TUSB · fall from the highest close, past year

TUSB

On a Bad Day

−0.0×rose, on average, when the S&P 500 fell

TUSB’s worst day: Wednesday, Sep 23

TUSB

−0.2%

S&P 500

−0.7%

Up days53 of every 100

S&P 500 up days52 of every 100

Thrivent TUSB · average move on days the S&P 500 fell

TUSB

Return for the Bumps

1Y#3 of 7 ultra-short funds

#1MINTPIMCO

most for the bumps

#2PULSPGIM

#3TUSBThrivent

#4VUSBVanguard

less than cash

#5ICSHiShares

less than cash

#6JPSTJ.P. Morgan

less than cash

#7JMSTJ.P. Morgan

less than cash

Ranked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.8%

TUSB

Cost

Today

$20a year per $10,000

ICSH

VUSB

$10

PULS

$15

JPST

$18

JMST

$18

TUSB

$20

MINT

$36

Expense ratio 0.20%, taken from the fund’s value

TUSB

Volatility & Beta

1.0%annual volatility

S&P 500 volatility13.6%

Downside volatility0.6%

Beta vs SPY0.02

Correlation vs SPY0.23

Beta rank, lowest first, of 7#7

Daily total returns × √252 · past 254 trading days

TUSB

Max Drawdown

−0.2%peak to trough

Peak closeMar 5, 2026

Current drawdown−0.1%

Worst day−0.20% · Sep 23

Closing prices, dividends in

TUSB

Up / Down Capture

−1%down capture vs SPY

Down days

−1%

Up days

S&P 500

100%

Up ÷ down capture[…]

Up days53.1% (S&P 52.0%)

Average daily move on SPY up days and down days

TUSB

Sharpe & Sortino vs Peers

Fund	Sharpe	Sortino	Volatility	Max DD	Beta	Fee / $10k
MINT	1.56	3.86	0.3%	−0.1%	0.00	$36
PULS	0.87	2.13	0.4%	−0.1%	0.01	$15
TUSB	0.52	0.88	1.0%	−0.2%	0.02	$20
VUSB	−0.03	−0.04	0.7%	−0.4%	0.02	$10
ICSH	−0.04	−0.09	0.4%	−0.1%	0.01	$8
JPST	−0.28	−0.56	0.5%	−0.2%	0.01	$18
JMST	−1.59	−2.67	0.7%	−0.6%	0.01	$18

Sharpe = (return − 3.8% cash) ÷ volatility · Sortino uses downside volatility only

TUSB

Trading

Today

+0.06%above its holdings’ value

Close$50.38

NAV$50.35

Fee per $10,000$20 a year

Avg. volume 30D28K shares

Premium / discount history starts once daily NAV is saved

Close vs net asset value, Nov 6

The Details

TUSB

Fund Facts

Today

2025launched Feb 19

Tracks[…]

Exchange · CUSIPAMEX · 88588G307

StructureETF

Leverage1x

Cost on $10,000$20 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Thrivent TUSB · fund facts · as of Nov 9, 2026

TUSB

Payouts by Year

$0.20per share, Oct 2026

Distribution yield4.2%

PaidEvery month

Latest ex-date · paidOct 29 · Oct 30, 2026

12 payouts added up$2.12 a share

Thrivent TUSB · distributions by ex-date · 2025–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-06-30 ↗SEC reported portfolio · 2026-03-31 ↗SEC reported portfolio · 2025-12-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-09-30 ↗SEC reported portfolio · 2025-06-30 ↗SEC reported portfolio · 2025-03-31 ↗summary prospectus · SEC 497K ↗

Trading & Liquidity

Net asset value$50.35

Premium / discount[…]

Median spread · 30D[…]

Volume today61K

Average volume · 30D28K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.20%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$20.00

Our risk indicator2/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Oct 29, 2026	Oct 30, 2026	$0.20
Sep 29, 2026	Sep 30, 2026	$0.13
Aug 28, 2026	Aug 31, 2026	$0.17
Jul 30, 2026	Jul 31, 2026	$0.18
Jun 29, 2026	Jun 30, 2026	$0.19
May 28, 2026	May 29, 2026	$0.17
Apr 29, 2026	Apr 30, 2026	$0.17
Mar 30, 2026	Mar 31, 2026	$0.19
Feb 26, 2026	Feb 27, 2026	$0.17
Jan 29, 2026	Jan 30, 2026	$0.15
Dec 23, 2025	Dec 31, 2025	$0.23
Nov 26, 2025	Nov 28, 2025	$0.17

Issuer contentFrom ThriventHear the strategy from the people behind TUSB.No issuer videos have been published for this fund.Are you the issuer? Claim this fund →