ETF Evaluator: BondBloxx BBB Rated 1-5 Yr Corp Bd ETF () Follow This ETF

BondBloxx BBB Rated 1-5 Yr Corp Bd ETF Overview

BondBloxx BBB Rated 1-5 Yr Corp Bd ETF (BBBS) is a passively managed Taxable Bond Short-Term Bond exchange-traded fund (ETF). BondBloxx Investment Management launched the ETF in 2024.

The investment seeks to track the investment results of the Bloomberg US Corporate BBB 1-5 Year Index. The index is designed to reflect the performance of BBB fixed-rate, taxable U.S. dollar-denominated corporate bonds issued by U.S. and non-U.S. industrial, utility and financial issuers. Under normal circumstances, the fund will invest at least 80% of its net assets either directly or indirectly in a portfolio of U.S. dollar-denominated, investment grade corporate bonds issued by U.S. and non-U.S. corporate issuers rated BBB with remaining maturities of greater than or equal to one year and less than five years. The fund is non-diversified.

About BondBloxx BBB Rated 1-5 Yr Corp Bd ETF (BBBS)

There are 2 members of the management team with an average tenure of 2.47 years: Elya Schwartzman (2024) and Daniel Goldman (2024). 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 Corp BBB 1-5 Year TR USD index with a weighting of 100%. BondBloxx BBB Rated 1-5 Yr Corp Bd ETF has 1352 securities in its portfolio. The top 10 holdings constitute 3.5% 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.

BondBloxx BBB Rated 1-5 Yr Corp Bd ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. BondBloxx BBB Rated 1-5 Yr Corp Bd ETF has 13.8% 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 99.6% (85.7% domestic bond, 13.8% foreign bond and 0.0% convertible bond). BondBloxx BBB Rated 1-5 Yr Corp Bd ETF has 0.4% of the portfolio in cash.

Assets Under Management

The fund has $180 million in total assets, which is below the $3 billion average for the Short-Term 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.

BBBS 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 BondBloxx BBB Rated 1-5 Yr Corp Bd ETF expense ratio is low compared to funds in the Short-Term Bond category. BondBloxx BBB Rated 1-5 Yr Corp Bd ETF has an expense ratio of 0.19%, which is 32% lower than its category average, making the fund expense ratio grade a B. 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. BondBloxx BBB Rated 1-5 Yr Corp Bd ETF has a portfolio turnover rate of 34%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 77% for the Short-Term Bond category.

Recently, in the month of July 2026, BondBloxx BBB Rated 1-5 Yr Corp Bd ETF returned -0.2%, which earned it a grade of D, as the Short-Term Bond category had an average return of -0.1%. 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.

BondBloxx BBB Rated 1-5 Yr Corp Bd ETF has a trailing yield of 4.59%, which is above the 4.54% category average. The fund normally distributes its income monthly and its capital gains annually.

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.

BondBloxx BBB Rated 1-5 Yr Corp Bd ETF Grades

Year to date, the ETF has returned 0.8%, 0.2 percentage points worse than the category, which translates into a grade of D. The fund has returned 3.6% over the past year (grade of C).

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