ETF Evaluator:
Carbon Collective Short Dur Grn Bd ETF ()
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(as of Aug 26)
Best Performing in Short-Term Bond Over the Last Year
| 6.6% | Overlay Shares Short Term Bond ETF (OVT) |
| 5.0% | AAM SLC Low Duration Income ETF (LODI) |
| 4.6% | SanJac Alpha Low Duration ETF (SJLD) |
| 4.5% | Performance Trust Short Term Bond ETF (STBF) |
| 4.4% | American Century® Short Dur Str Inc ETF (SDSI) |
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ETF Details
Carbon Collective Short Dur Grn Bd ETF Overview
Carbon Collective Short Dur Grn Bd ETF (CCSB) is an actively managed Taxable Bond Short-Term Bond exchange-traded fund (ETF). Carbon Collective Funds launched the ETF in 2024.
The investment seeks maximum total return, consistent with preservation of capital and prudent investment management.
Under normal market conditions, the fund will invest at least 80% of its net assets, including borrowings for investment purposes, in “green” or “sustainability” bonds with an average duration of five years or less. The fund’s green and sustainability bonds will either be self-labeled by the issuer of the securities (in line with International Capital Markets Association (“ICMA”) guidelines) or will be Climate Bond Standard (“CBS”) certified bonds.
About Carbon Collective Short Dur Grn Bd ETF (CCSB)
There are 2 members of the management team with an average tenure of 2.30 years: James Regulinski (2024) and John McCartney (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.
Carbon Collective Short Dur Grn Bd ETF has 44 securities in its portfolio. The top 10 holdings constitute 39.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is considered to have an ESG focus with its investment selection and management.
Carbon Collective Short Dur Grn Bd ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. Carbon Collective Short Dur Grn Bd ETF has 31.6% 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 98.7% (67.1% domestic bond, 31.6% foreign bond and 0.0% convertible bond). Carbon Collective Short Dur Grn Bd ETF has 0.4% of the portfolio in cash.
Assets Under Management
The fund has $26 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.
CCSB 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 Carbon Collective Short Dur Grn Bd ETF expense ratio is average compared to funds in the Short-Term Bond category. Carbon Collective Short Dur Grn Bd ETF has an expense ratio of 0.51%, which is 82% 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. Carbon Collective Short Dur Grn Bd ETF has a portfolio turnover rate of 100%, 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, Carbon Collective Short Dur Grn Bd ETF returned -0.6%, which earned it a grade of F, 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.
Carbon Collective Short Dur Grn Bd ETF has a trailing yield of 4.63%, 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.
Carbon Collective Short Dur Grn Bd ETF Grades
Year to date, the ETF has returned 0.4%, 0.6 percentage points worse than the category, which translates into a grade of F. The fund has returned 1.7% over the past year (grade of F).
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CCSB 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 |
|
| CCSB Return (NAV) | -0.6% | 0.1% | 1.7% | na | na | na |
| CCSB Return (Price) | -0.6% | 0.0% | 1.5% | na | na | na |
| NAV +/- Price Return | 0.048% | 0.055% | 0.133% | na | na | na |
| Short-Term Bond Avg | -0.1% | 0.3% | 3.6% | 5.2% | 2.3% | 2.5% |
| CCSB Grade (NAV) | F | F | F | na | na | na |
| +/- Category (NAV) | -0.5% | -0.3% | -1.9% | na | na | na |
| CCSB Tax-Cost Ratio | na | na | 1.8% | na | na | na |
CCSB Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| CCSB Return (NAV) | 0.4% | 4.6% | na | na | na | na | na | na | na | na | na |
| CCSB Return (Price) | 0.6% | 4.4% | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.575% | -0.060% | na | na | na | na | na | na | na | na | na |
| Short-Term Bond Avg | 1.0% | 6.3% | 5.1% | 6.0% | -5.3% | -0.4% | 4.4% | 5.6% | 1.2% | 1.7% | 2.4% |
| CCSB Grade (NAV) | F | F | na | na | na | na | na | na | na | na | na |
| +/- Category | -0.6% | -1.6% | na | 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: | 4.6% |
| Total Assets: | $ 27 Mil |
| Share Class Assets: | $ 27 Mil |
| Turnover: | 100.0% |
| Expense Ratio: | 0.51% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | Yes |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 2.3 years | |||
| Average Tenure: 2.3 years | |||
| Managers (Year): Regulinski James (2024), McCartney John (2024) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 44 |
| % in Top 10 Holdings: | 39.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 31.6% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 67.1% |
| Foreign Bond: | 31.6% |
| Convertible Bond: | 0.0% |
| Other: | 1.0% |
| Cash: | 0.4% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Carbon Collective Funds |
| Phone Number: | 833-794-0140 |
| Website: | |
| Inception Date: | April 11, 2024 |
Expenses and Fees
| Expense Ratio (%): | 0.51% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.28% |
