Sound Enhanced Fixed Income ETF (FXED)
FXED is an actively managed ETF by Sound Income Strategies. FXED launched on Dec 30, 2020 and has a 2.33% expense ratio.
ETF Info
US8863648197
Dec 30, 2020
Global (Broad)
1x
No Index (Active)
Small-Cap
Value
Expense Ratio
FXED has a high expense ratio of 2.33%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Sound Enhanced Fixed Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Sound Enhanced Fixed Income ETF had a return of 2.73% year-to-date (YTD) and 7.75% in the last 12 months.
FXED
2.73%
1.03%
2.19%
7.75%
N/A
N/A
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of FXED, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.34% | 2.73% | |||||||||||
| 2024 | 0.03% | 0.19% | 2.60% | -2.19% | 1.65% | 0.16% | 1.78% | 2.17% | 1.65% | -1.37% | 0.91% | -2.36% | 5.18% |
| 2023 | 7.43% | -1.60% | -1.62% | 1.24% | -1.62% | 2.04% | 2.12% | -0.45% | -1.62% | -3.11% | 7.72% | 4.31% | 15.09% |
| 2022 | -2.88% | -2.40% | -0.12% | -5.93% | 0.42% | -5.75% | 7.09% | -3.34% | -7.73% | 3.35% | 4.60% | -2.36% | -15.02% |
| 2021 | -1.62% | 1.40% | 2.22% | 2.57% | 0.32% | 1.84% | 0.29% | 0.19% | -0.47% | 1.74% | -1.98% | 2.98% | 9.75% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FXED is 41, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Sound Enhanced Fixed Income ETF (FXED) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Sound Enhanced Fixed Income ETF provided a 6.57% dividend yield over the last twelve months, with an annual payout of $1.22 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Dividend | $1.22 | $1.22 | $1.04 | $0.94 | $0.96 |
Dividend yield | 6.57% | 6.70% | 5.65% | 5.53% | 4.58% |
Monthly Dividends
The table displays the monthly dividend distributions for Sound Enhanced Fixed Income 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.08 | $0.04 | $0.12 | ||||||||||
| 2024 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.34 | $1.22 |
| 2023 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.16 | $1.04 |
| 2022 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.05 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.09 | $0.94 |
| 2021 | $0.20 | $0.00 | $0.00 | $0.24 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.12 | $0.96 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Sound Enhanced Fixed Income 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 Sound Enhanced Fixed Income ETF was 62.31%, occurring on Jan 4, 2021. Recovery took 24 trading sessions.
The current Sound Enhanced Fixed Income ETF drawdown is 1.28%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -62.31% | Jan 4, 2021 | 1 | Jan 4, 2021 | 24 | Feb 8, 2021 | 25 |
| -19.84% | Jan 3, 2022 | 197 | Oct 13, 2022 | 365 | Mar 28, 2024 | 562 |
| -5.63% | Oct 18, 2024 | 58 | Jan 13, 2025 | — | — | — |
| -3.96% | Apr 1, 2024 | 13 | Apr 17, 2024 | 53 | Jul 3, 2024 | 66 |
| -3.3% | Jul 18, 2024 | 13 | Aug 5, 2024 | 10 | Aug 19, 2024 | 23 |
Volatility
Volatility Chart
The current Sound Enhanced Fixed Income ETF volatility is 2.45%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.