DriveWealth Steady Saver ETF
STBL
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- MD United States of America
- IPO Date
- Jul 26, 2021
- CIK
- 0000831114
- Similar Companies
- Business
- DriveWealth Steady Saver ETF (STBL) is an actively managed exchange-traded fund that seeks to provide investors with current monthly income through a diversified portfolio of fixed income securities, including investment-grade and high-yield corporate bonds, asset-backed and mortgage-backed securities, emerging market securities, sovereign and municipal debt, preferred securities, and exchange-traded funds holding such investments; it targets a net yield of 3% utilizing proprietary optimization tools from sub-adviser YieldX Advisers, LLC, benchmarked primarily against the Bloomberg Barclays US Universal Bond Index and secondarily the YieldX Optimized Liquid Income Index. The fund operates in the global bonds segment with a focus on broad credit across various maturities and credit qualities, serving retail investors and savers seeking alternatives to low-yield cash equivalents like CDs or money market funds. STBL trades on NYSE Arca and is a series of The RBB Fund, Inc., with Red Gate Advisers, LLC as investment adviser, Vident Investment Advisory as sub-adviser, and US Bancorp Fund Services as administrator. Launched on July 27, 2021, in partnership with YieldX's AI-driven fixed income platform, STBL represented DriveWealth's entry into actively managed ETFs alongside the companion DriveWealth Power Saver ETF (EERN), enabling global B2B partners such as banks, fintechs, and broker-dealers to white-label or customize similar yield-focused products. The ETF, headquartered in Jersey City, New Jersey through issuer DriveWealth, LLC—a fintech founded in 2012 specializing in brokerage-as-a-service—experienced low assets under management and limited trading volume from inception, with average daily volume around 16,000 shares and an expense ratio of 0.80%. As of late 2025, STBL shows indications of delisting or inactivity on certain platforms, mirroring the 2024 liquidation of DriveWealth's CETF ETF, reflecting a strategic pivot amid challenging fixed income market conditions.