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Sound Enhanced Fixed Income ETF (FXED) Sharpe Ratio: 0.22

FXED's Sharpe Ratio of 0.22 indicates that for each unit of volatility, it generates 0.22 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 2, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

FXED Sharpe Ratio Rank

FXED Sharpe Ratio Rank: 17.217
Concerning

FXED ranks above 17.2% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

FXED Sharpe Ratio Market Positioning

The chart shows FXED's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.50 or lower
  • Yellow zone (middle 50%): 0.50 to 1.45
  • Green zone (top 25%): 1.45 or higher
  • Top 1%: 5.95+
  • Median: 0.98 — half of all investments score higher

How it compares to other similar ETFs

The table compares Sound Enhanced Fixed Income ETF's Sharpe Ratio with other ETFs in the Diversified Portfolio category across multiple time periods, showing how FXED's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Apr 2, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
RAAXVanEck Inflation Allocation ETF2.30
GAACambria Global Asset Allocation ETF2.03
IYLDiShares Morningstar Multi-Asset Income ETF2.01
BAMYBrookstone Yield ETF1.88
NTSEWisdomTree Emerging Markets Efficient Core Fund1.84
INCMFranklin Income Focus ETF1.67
HIDEAlpha Architect High Inflation And Deflation ETF1.65
AVMAAvantis Moderate Allocation ETF1.59
MSMRMcElhenny Sheffield Managed Risk ETF1.58
DDXDefined Duration 10 ETF1.57
FXEDSound Enhanced Fixed Income ETF0.22

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows FXED's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when FXED consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Explore FXED risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

FXED Sortino Ratio