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TBUXvsAPLUETF Comparison

ETF 1

TBUX

T. Rowe Price Ultra Short-Term Bond ETF

This fund is part of

Money Market Bonds

+0.01%

Full TBUX fund page

VS

ETF 2

APLU

Allspring Core Plus ETF

This fund is part of

Intl Aggregate Bonds

+0.03%

Full APLU fund page

T. Rowe Price Ultra Short-Term Bond ETF (TBUX) belongs to the Money Market Bonds segment. Allspring Core Plus ETF (APLU) is part of the Intl Aggregate Bonds segment. TBUX's top 3 sector exposures are Finance, Industrials and Sovereign. In contrast, APLU's top sector exposures are Sovereign, Finance and Industrials. TBUX is less expensive with a Total Expense Ratio (TER) of 0.17%, versus 0.31% for APLU. TBUX is up 3.08% year-to-date (YTD) with +$1.17B in YTD flows. APLU performs worse with -1.29% YTD performance, and +$82M in YTD flows. Run a side-by-side ETF comparison of TBUX and APLU below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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TBUX vs APLU performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/23/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	TBUX APLU	+0.37%+1.58%	+0.89%-1.06%	+3.08%-1.29%	+4.01%-1.53%	+17.59%n/a	+21.60%n/a
Flows	TBUX APLU	+$288M+$5M	+$694M-$10M	+$1.17B+$82M	+$1.27B+$105M	+$1.86B-	+$1.95B-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	TBUX APLU	+0.47%+4.78%	+0.43%+4.02%	+0.49%n/a	+0.86%n/a
Max drawdown	TBUX APLU	-0.11%-3.66%	-0.11%-5.01%	-0.22%n/a	-2.42%n/a
Max drawdown duration	TBUX APLU	24d62d	24d239d	19dn/a	445dn/a

Trading data

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	TBUX	APLU
Last sale 10/27/2026 at 1:30 PM	$49.61	$23.66
Previous close 10/26/2026	$49.76	$23.61
Consolidated volume 10/26/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Main metrics

Last update 10/27/2026 at 1:30 PM

Live

Closed

	TBUX	APLU
Last price	$49.61	$23.66
1D performance	-0.30%	+0.21%
AuM	$1.98 B	$401.89 M
E/R	0.17%	0.31%

Characteristics

	TBUX	APLU
Management strategy	Active	Active
Provider	T. Rowe Price	Allspring
Benchmark	-	-
N° of holdings	300	394
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	September 28, 2021	December 4, 2024
ESG	No	No

More TBUX data on Trackinsight

More APLU data on Trackinsight

Exposure

Countries

TBUX

USA

40.92%

Other

59.08%

APLU

USA

46.22%

Other

53.78%

Sectors

TBUX

Finance

21.33%

Industrials

9.88%

Other

68.79%

APLU

Sovereign

19.39%

Finance

16.83%

Industrials

12.26%

Other

51.53%

Diversification

TBUX

Total weight of top 15 holdings out of 15

12.14%

APLU

Total weight of top 15 holdings out of 15

24.63%

Top 15 holdings

Data as of August 31, 2026

TBUX

USA, Notes 3.375% 29feb2028, USD (AY-2028)

1.21%

US11704NJ149

1.16%

FN MA4919, 5.5% 1feb2053, USD (ABS)

1.13%

USA, Notes 3.875% 15jun2028, USD (AP-2028)

0.91%

US04273MJ385

0.90%

Regal Rexnord, 6.05% 15apr2028, USD

0.74%

ArcelorMittal, 6.55% 29nov2027, USD

0.72%

Bank of America Corporation, 4.948% 22jul2028, USD (N)

0.71%

US89642DAY40

0.71%

US912797WF00

0.69%

USA, Bills 0% 19nov2026, USD (182D)

0.69%

US46090XAN12

0.64%

US28103BJ116

0.64%

US49271KJ471

0.64%

US62010MJ919

0.64%

APLU

USA, Bonds 4.625% 15feb2046, USD

5.47%

US3618N6FL65

2.77%

USA, Bills 0% 13oct2026, USD (119D)

2.12%

US01F0526982

1.99%

FR SD8204, 2% 1apr2052, USD (ABS)

1.50%

USA, Notes 4.375% 15may2036, USD (C-2036)

1.42%

US3140XDRC24

1.38%

US3140L6TF17

1.32%

US01F0606917

1.04%

US92206C8709

1.03%

USA, Notes 4.125% 15nov2032, USD (F-2032)

1.01%

FN MA5646, 5.5% 1mar2055, USD (ABS)

0.91%

USA, Bonds 5% 15may2045, USD

0.90%

US3142J6C840

0.89%

US3142J6DY61

0.89%

Frequently asked questions about TBUX and APLU

How have the TBUX and APLU ETFs performed in 2026?

As of October 23, 2026, TBUX is up 3.08% year-to-date (YTD), while APLU has lost -1.29%. That puts TBUX better performer ahead so far this year.

Which ETF is attracting more investor money: TBUX or APLU?

Year-to-date, the TBUX ETF saw +$1.17B in flows, compared to +$82M for APLU.

Which ETF is more volatile: TBUX or APLU?

Over the past year, TBUX had a volatility of 0.43%, while APLU experienced 4.02%.

Which ETF is bigger: TBUX or APLU?

As of October 23, 2026, TBUX holds $1.98 B in assets under management (AUM), while APLU manages $401.89 M.

What sectors do the TBUX and APLU ETFs invest in?

TBUX leans toward sectors like Finance and Industrials. Meanwhile, APLU focuses on Sovereign, Finance and Industrials.

What are the top holdings of the TBUX ETF and APLU ETF?

TBUX top holdings include USA, Notes 3.375% 29feb2028, USD (AY-2028), US11704NJ149 and FN MA4919, 5.5% 1feb2053, USD (ABS). APLU holds in its top three: USA, Bonds 4.625% 15feb2046, USD, US3618N6FL65 and USA, Bills 0% 13oct2026, USD (119D).

TBUXvsAPLUETF Comparison

T. Rowe Price Ultra Short-Term Bond ETF

Allspring Core Plus ETF

TBUX vs APLU performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the TBUX and APLU ETFs performed in 2026?

As of October 23, 2026, TBUX is up 3.08% year-to-date (YTD), while APLU has lost -1.29%. That puts TBUX better performer ahead so far this year.

Which ETF is attracting more investor money: TBUX or APLU?

Year-to-date, the TBUX ETF saw +$1.17B in flows, compared to +$82M for APLU.

Which ETF is more volatile: TBUX or APLU?

Over the past year, TBUX had a volatility of 0.43%, while APLU experienced 4.02%.

Which ETF is bigger: TBUX or APLU?

As of October 23, 2026, TBUX holds $1.98 B in assets under management (AUM), while APLU manages $401.89 M.

What sectors do the TBUX and APLU ETFs invest in?

TBUX leans toward sectors like Finance and Industrials. Meanwhile, APLU focuses on Sovereign, Finance and Industrials.

What are the top holdings of the TBUX ETF and APLU ETF?

TBUX top holdings include USA, Notes 3.375% 29feb2028, USD (AY-2028), US11704NJ149 and FN MA4919, 5.5% 1feb2053, USD (ABS). APLU holds in its top three: USA, Bonds 4.625% 15feb2046, USD, US3618N6FL65 and USA, Bills 0% 13oct2026, USD (119D).

Which ETF is more diversified: TBUX or APLU?

TBUX holds 629 securities with 12.14% of its assets in the top 15. APLU has 7641 securities and a top 15 weight of 24.63%.

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