ETF Evaluator:
Columbia Short Duration Bond 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) |
Risk
Index
Risk
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ETF Details
Columbia Short Duration Bond ETF Overview
Columbia Short Duration Bond ETF (SBND) is a passively managed Taxable Bond Short-Term Bond exchange-traded fund (ETF). Columbia Threadneedle launched the ETF in 2021.
The investment seeks results that, before fees and expenses, closely correspond to the performance of the Beta Advantage ®Short Term Bond Index.
The fund invests substantially all its assets in securities within the index, which are fixed income/debt instruments, or in securities, such as “to-be-announced” (TBA) securities, that the fund’s investment adviser determines have economic characteristics that are substantially the same as the economic characteristics of the securities within the index. The index is owned and calculated by Bloomberg Index Services Limited, which is not affiliated with the fund or Columbia Management. The fund is non-diversified.
About Columbia Short Duration Bond ETF (SBND)
There are 3 members of the management team with an average tenure of 4.86 years: Gregory Liechty (2021), Ronald Stahl (2021) and David Janssen (2021). 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 Agg 1-5 Year Credit TR USD index with a weighting of 100%. Columbia Short Duration Bond ETF has 1167 securities in its portfolio. The top 10 holdings constitute 20.3% 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.
Columbia Short Duration Bond ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. Columbia Short Duration Bond ETF has 23.8% 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 90.5% (66.7% domestic bond, 23.8% foreign bond and 0.0% convertible bond). Columbia Short Duration Bond ETF has 9.5% of the portfolio in cash.
Assets Under Management
The fund has $196 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.
SBND 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 Columbia Short Duration Bond ETF expense ratio is below average compared to funds in the Short-Term Bond category. Columbia Short Duration Bond ETF has an expense ratio of 0.25%, which is 11% lower than its category average, making the fund expense ratio grade a C. 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. Columbia Short Duration Bond ETF has a portfolio turnover rate of 192%, 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, Columbia Short Duration Bond 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.
Columbia Short Duration Bond ETF has a trailing yield of 4.52%, which is below the 4.54% category average.
The fund normally distributes its income monthly.
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.
Columbia Short Duration Bond ETF Grades
Year to date, the ETF has returned 1.0%, 0.0 percentage points better than the category, which translates into a grade of C. The fund has returned 4.0% over the past year (grade of B) and 5.7% over the past three years (grade of A).
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SBND 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 |
|
| SBND Return (NAV) | -0.2% | 0.3% | 4.0% | 5.7% | na | na |
| SBND Return (Price) | -0.3% | 0.2% | 3.7% | 5.8% | na | na |
| NAV +/- Price Return | 0.106% | 0.107% | 0.314% | -0.014% | na | na |
| Short-Term Bond Avg | -0.1% | 0.3% | 3.6% | 5.2% | 2.3% | 2.5% |
| SBND Grade (NAV) | D | D | B | A | na | na |
| +/- Category (NAV) | -0.1% | -0.1% | 0.5% | 0.5% | na | na |
| SBND Tax-Cost Ratio | na | na | 1.8% | 1.8% | na | na |
SBND Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| SBND Return (NAV) | 1.0% | 7.7% | 4.8% | 6.7% | -7.0% | na | na | na | na | na | na |
| SBND Return (Price) | 0.9% | 7.5% | 4.8% | 7.2% | -7.2% | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.159% | -0.021% | 0.002% | 0.069% | 0.034% | 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% |
| SBND Grade (NAV) | C | A | D | A | F | na | na | na | na | na | na |
| +/- Category | 0.0% | 1.4% | -0.3% | 0.8% | -1.7% | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 0.48 |
| R-Squared: | 93% |
| Standard Deviation: | 2.8% |
| Category Risk Index: | 1.22 |
| Category Risk Rating: | High |
| Total Risk Index: | 0.23 |
| Total Risk Rating: | Low |
| Portfolio Characteristics | |
| Yield: | 4.5% |
| Total Assets: | $ 197 Mil |
| Share Class Assets: | $ 197 Mil |
| Turnover: | 192.0% |
| Expense Ratio: | 0.25% |
| Index Fund: | Yes |
| Index Tracked: | Bloomberg US Agg Bond TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 4.9 years | |||
| Average Tenure: 4.9 years | |||
| Managers (Year): Liechty Gregory (2021), Stahl Ronald (2021), Janssen David (2021) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 1167 |
| % in Top 10 Holdings: | 20.3% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 23.8% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 66.7% |
| Foreign Bond: | 23.8% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 9.5% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Columbia Threadneedle |
| Phone Number: | 800-426-3750 |
| Website: | |
| Inception Date: | September 21, 2021 |
Expenses and Fees
| Expense Ratio (%): | 0.25% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.28% |
