- Issuer
- Build
- Inception Date
- Feb 9, 2022
- Region
- Global (Broad)
- Category
- Intermediate Core Bond
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $11M
Highlights
- Avg. Volume (1M)
- 5K
- Avg. Volume Value (1M)
- $137.85K
Share Price Chart
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Performance
BFIX Performance Chart
Build Bond Innovation ETF (BFIX) is up 0.7% since the beginning of the year. BFIX is currently trading at $25 per share.
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Returns By Period
Build Bond Innovation ETF (BFIX) has returned 0.69% so far this year and 2.99% over the past 12 months.
Build Bond Innovation ETF
- 1D
- -0.08%
- 1M
- -0.24%
- 6M
- -0.45%
- YTD
- 0.69%
- 1Y
- 2.99%
- 3Y*
- 7.11%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.54%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
BFIX Monthly Returns History
Based on dividend-adjusted daily data since Feb 10, 2022, BFIX's average daily return is +0.01%, while the average monthly return is +0.29%. At this rate, an investment would double in approximately 19.9 years.
Historically, 59% of months were positive and 41% were negative. The best month was Nov 2024 with a return of +3.0%, while the worst month was Apr 2022 at -2.3%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, BFIX closed higher 51% of trading days. The best single day was Sep 3, 2024 with a return of +4.4%, while the worst single day was Sep 4, 2024 at -4.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.15% | 0.51% | -0.41% | -0.08% | 0.16% | -0.41% | -0.22% | 0.69% | |||||
| 2025 | 0.50% | 0.37% | 1.00% | 1.49% | -0.99% | 0.88% | -0.07% | 0.57% | 1.13% | 0.64% | 0.41% | -0.14% | 5.91% |
| 2024 | -0.34% | 1.38% | 1.49% | -0.92% | 0.38% | 1.50% | 1.29% | 1.84% | 2.00% | 1.21% | 3.01% | -0.54% | 12.95% |
| 2023 | 0.76% | -0.61% | 1.47% | 0.12% | -0.24% | 0.78% | 0.73% | -0.38% | -1.35% | 0.14% | 1.53% | 1.96% | 4.97% |
| 2022 | -0.77% | -1.71% | -2.33% | -0.14% | -1.92% | 0.33% | -0.98% | -1.22% | 0.24% | 0.82% | -0.15% | -7.60% |
Benchmark Metrics
Build Bond Innovation ETF has an annualized alpha of 3.06%, beta of 0.05, and R2 of 0.03 versus S&P 500 Index. Calculated based on daily prices since February 10, 2022.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (15.08%) than losses (12.06%) - typical of diversified or defensive assets.
- Beta of 0.05 may look defensive, but with R2 of 0.03 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.03 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 3.06%
- Beta
- 0.05
- R²
- 0.03
- Upside Capture
- 15.08%
- Downside Capture
- 12.06%
Expense Ratio
BFIX has an expense ratio of 0.45%, placing it in the medium range.
Return for Risk
Risk / Return Rank
BFIX ranks 56 for risk / return — above 56% of ETFs peers on PortfoliosLab. Its historical combined result is near the middle of the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Build Bond Innovation ETF (BFIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BFIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.25 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.79 | 2.00 | +0.79 |
| Martin ratioReturn relative to average drawdown | 6.47 | 8.49 | -2.02 |
Dividends
Dividend History
Build Bond Innovation ETF provided a 3.50% dividend yield over the last twelve months, with an annual payout of $0.87 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $0.87 | $0.94 | $1.08 | $0.99 | $0.36 |
Dividend yield | 3.50% | 3.73% | 4.38% | 4.30% | 1.58% |
Monthly Dividends
The table displays the monthly dividend distributions for Build Bond Innovation ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.07 | $0.07 | $0.08 | $0.07 | $0.07 | $0.08 | $0.07 | $0.50 | |||||
| 2025 | $0.09 | $0.08 | $0.08 | $0.07 | $0.09 | $0.07 | $0.09 | $0.07 | $0.07 | $0.08 | $0.07 | $0.09 | $0.94 |
| 2024 | $0.06 | $0.12 | $0.08 | $0.09 | $0.09 | $0.08 | $0.10 | $0.09 | $0.09 | $0.09 | $0.10 | $0.10 | $1.08 |
| 2023 | $0.14 | $0.05 | $0.08 | $0.07 | $0.09 | $0.08 | $0.07 | $0.09 | $0.06 | $0.09 | $0.08 | $0.09 | $0.99 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.04 | $0.05 | $0.05 | $0.08 | $0.07 | $0.36 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Build Bond Innovation ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Build Bond Innovation ETF was 8.54%, occurring on Oct 14, 2022. Recovery took 400 trading sessions.
The current Build Bond Innovation ETF drawdown is 0.97%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-8.54%Oct 2022 | 8mo 6d | 1y 7mo | 2y 3moFeb 2022 - May 2024 | Bear market2022 |
-4.05%Sep 2024 | 1d | 2mo 8d | 2mo 8dSep 2024 - Nov 2024 | — |
-1.61%May 2024 | 8d | 14d | 22dMay 2024 - Jun 2024 | — |
-1.27%Jul 2024 | 13d | 14d | 27dJul 2024 - Aug 2024 | — |
-1.22%May 2025 | 13d | 2mo 3d | 2mo 16dMay 2025 - Jul 2025 | 2025 selloff2025 |
Drawdown Indicators
| BFIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.54% | -56.78% | +48.24% |
Max Drawdown (1Y)Largest decline over 1 year | -1.20% | -9.10% | +7.90% |
Max Drawdown (3Y)Largest decline over 3 years | -4.05% | -18.90% | +14.85% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.97% | -1.58% | +0.61% |
Average DrawdownAverage peak-to-trough decline | -2.94% | -10.70% | +7.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.52% | 2.14% | -1.62% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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