ETF Evaluator:
Strive Enhanced Income Short MaturityETF (BUXX)
Follow This ETF
(as of Sep 02)
Best Performing in Ultrashort Bond Over the Last Year
| 6.2% | iShares Interest Rate Hdg L/T Corp BdETF (IGBH) |
| 5.8% | Simplify Treasury Option Income ETF (BUCK) |
| 5.7% | iShares Interest Rate Hedged Corp Bd ETF (LQDH) |
| 5.3% | iShares Interest Rt Hdg U.S. Aggt Bd ETF (AGRH) |
| 5.3% | NEOS Enhanced Inc 1-3 Month T-Bill ETF (CSHI) |
Risk
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Risk
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ETF Details
Strive Enhanced Income Short MaturityETF Overview
Strive Enhanced Income Short MaturityETF (BUXX) is an actively managed Taxable Bond Ultrashort Bond exchange-traded fund (ETF). Strive AM launched the ETF in 2023.
The investment seeks to provide current income while seeking to minimize price volatility and maintain liquidity.
The fund is an actively-managed exchange-traded fund (“ETF”) that, using an enhanced cash strategy, seeks to achieve its investment objective, under normal circumstances, by investing at least 80% of its net assets in U.S.-dollar denominated investment-grade fixed- and floating-rate bonds, and debt securities. Under normal circumstances, the fund will seek to maintain a dollar-weighted average maturity of less than two years and a dollar-weighted average duration of less than one year. The fund is non-diversified.
About Strive Enhanced Income Short MaturityETF (BUXX)
There are 4 members of the management team with an average tenure of 2.98 years: Clayton Triick (2023), Matthew Cole (2023), Ward Bortz (2023) and Jeffrey Sherman (2023). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and Bloomberg US Treasury Bills TR USD index with a weighting of 100%. Strive Enhanced Income Short MaturityETF has 327 securities in its portfolio. The top 10 holdings constitute 17.9% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Strive Enhanced Income Short MaturityETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. Strive Enhanced Income Short MaturityETF has 7.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 89.0% (81.9% domestic bond, 7.1% foreign bond and 0.0% convertible bond). Strive Enhanced Income Short MaturityETF has 12.8% of the portfolio in cash.
Assets Under Management
The fund has $489 million in total assets, which is below the $5 billion average for the Ultrashort Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
BUXX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Strive Enhanced Income Short MaturityETF expense ratio is below average compared to funds in the Ultrashort Bond category. Strive Enhanced Income Short MaturityETF has an expense ratio of 0.26%, which is 18% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Strive Enhanced Income Short MaturityETF has a portfolio turnover rate of 54%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 57% for the Ultrashort Bond category.
Recently, in the month of July 2026, Strive Enhanced Income Short MaturityETF returned 0.3%, which earned it a grade of C, as the Ultrashort Bond category had an average return of 0.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Strive Enhanced Income Short MaturityETF has a trailing yield of 4.67%, which is above the 4.07% category average.
The fund normally distributes its income monthly and its capital gains quarterly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Strive Enhanced Income Short MaturityETF Grades
Year to date, the ETF has returned 2.2%, 0.1 percentage points better than the category, which translates into a grade of B. The fund has returned 4.1% over the past year (grade of C).
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BUXX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| BUXX Return (NAV) | 0.3% | 1.0% | 4.1% | na | na | na |
| BUXX Return (Price) | 0.2% | 1.1% | 4.2% | na | na | na |
| NAV +/- Price Return | 0.164% | -0.086% | -0.063% | na | na | na |
| Ultrashort Bond Avg | 0.3% | 0.9% | 4.2% | 5.2% | 3.9% | 3.0% |
| BUXX Grade (NAV) | C | B | C | na | na | na |
| +/- Category (NAV) | 0.0% | 0.0% | -0.1% | na | na | na |
| BUXX Tax-Cost Ratio | na | na | 1.9% | na | na | na |
BUXX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| BUXX Return (NAV) | 2.2% | 5.0% | 6.1% | na | na | na | na | na | na | na | na |
| BUXX Return (Price) | 2.3% | 4.8% | 6.2% | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.025% | -0.025% | 0.014% | na | na | na | na | na | na | na | na |
| Ultrashort Bond Avg | 2.2% | 4.8% | 5.8% | 6.1% | 0.4% | 0.3% | 1.4% | 3.6% | 1.4% | 2.3% | 1.9% |
| BUXX Grade (NAV) | B | C | B | na | na | na | na | na | na | na | na |
| +/- Category | 0.1% | 0.1% | 0.3% | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 4.7% |
| Total Assets: | $ 489 Mil |
| Share Class Assets: | $ 489 Mil |
| Turnover: | 54.0% |
| Expense Ratio: | 0.26% |
| Index Fund: | No |
| Index Tracked: | Bloomberg US Agg Bond TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Quarterly |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 3.0 years | |||
| Average Tenure: 3.0 years | |||
| Managers (Year): Triick Clayton (2023), Cole Matthew (2023), Bortz Ward (2023), Sherman Jeffrey (2023) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 327 |
| % in Top 10 Holdings: | 17.9% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 7.1% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 81.9% |
| Foreign Bond: | 7.1% |
| Convertible Bond: | 0.0% |
| Other: | -1.8% |
| Cash: | 12.8% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Strive AM |
| Phone Number: | 215-330-4476 |
| Website: | www.valueshares.com |
| Inception Date: | August 9, 2023 |
Expenses and Fees
| Expense Ratio (%): | 0.26% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.22% |
