SDSI bid-ask spread and liquidity

American Century Short Duration Strategic Income ETF
BondsAmerican Century$218m net assets0.32% fee
Share

Ask IQ about this page

Ask IQ about SDSI bid-ask spread and liquidity

Answers cite the figures on this page.

OverviewHoldingsDividendsTradingFlowsCompare

IQ Liquidity Score

1 of 6 measured · Nov 12, 2024
·
Not scored
0 · Hard to trade100 · Trades like a giant

The IQ Liquidity Score: a fixed 0 to 100 scale of trading conditions, the same anchors for every fund; 100 is the easiest to trade. It measures how cheaply and reliably the fund trades, not whether to own it. Method →

One dealer
Cost to trade
Not measured · the issuer's 30-day median spread is not read for this fund
·
Capacity
Not measured · its holdings are bonds, which have no volume source here
·
Price fidelity
Not measured · no closing premium is held for this fund
·
Primary market
1 active dealer of 14; largest 100% of creations and redemptions, N-CEN to Aug 31, 2024
25.0
Bad-day behaviour
Not measured · no daily closing premium is held for this fund
·
Depth
Not measured · needs trade and quote data (Phase 2)
·

Capacity

What the holdings can absorb a day

Not measured: its holdings are bonds, which have no volume source here.

Dealers

Authorized participants · N-CEN, the year to Aug 31, 2024
Active dealers
1
of 14 authorized
Largest
100%
of creations and redemptions
One dealer
Yes
1 active

1 of 14 authorized participants created or redeemed SDSI shares in the year to Aug 31, 2024. From the fund’s Form N-CEN, filed Nov 12, 2024.

The active authorized participants, largest first, by share of the dollars created and redeemed: J.P. Morgan Securities LLC (100.0%). 13 more were listed and created or redeemed nothing.

How to trade SDSI

To buy or to sell, up to $100,000
When
ETF spreads are usually widest in the first minutes after the open and the last before the close.
Phase 2 · drawn now, filled when trade data arrives
Spread through the dayComing with trade data

Median spread by half hour, 30 days.

Buyers against sellersComing with trade data

Share of volume at the ask against at the bid.

Retail flow, estimatedComing with trade data

Sub-penny prints as a share of volume.

Large tradesComing with trade data

Prints above $500k, count and share.

Closing auctionComing with trade data

Share of the day’s volume at the close.

Questions people ask

Who is the AP for SDSI?

SDSI’s latest Form N-CEN, for the period ending Aug 31, 2024, lists 14 authorized participants (APs), and 1 created or redeemed shares. The only active AP was J.P. Morgan Securities LLC.

Who is the LMM for SDSI?

SDSI’s lead market maker (LMM) on Nasdaq is Jane Street Capital, LLC. Lead market maker per Nasdaq, as of Oct 23, 2026.
Sources and dates
DealersForm N-CEN · the year to Aug 31, 2024
Where to next
ETF trading costs and liquidity→Cost-to-trade checker→Why low volume does not mean illiquidguide →Limit orders vs market orders for ETFsguide →How the IQ Liquidity Score is builtmethod →SDSI fund page→
Cite this pageCitation, APA and Markdown

ETFIQ, SDSI trading: cost, capacity, premium and dealers, data as of Nov 12, 2024. https://etfiq.com/funds/sdsi/trading/

Open data →

The score measures trading conditions, not the fund. ETFIQ makes no recommendations.