Freedom Day Dividend ETF (MBOX)
MBOX is an actively managed ETF by EMPIRICAL FINANCE LLC. MBOX launched on May 5, 2021 and has a 0.39% expense ratio.
ETF Info
| Issuer | EMPIRICAL FINANCE LLC |
|---|---|
| Inception Date | May 5, 2021 |
| Region | North America (U.S.) |
| Category | Actively Managed, Dividend |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Expense Ratio
MBOX has a high expense ratio of 0.39%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: MBOX vs. SCHD, MBOX vs. FYC, MBOX vs. CSA, MBOX vs. CSF, MBOX vs. PFI, MBOX vs. TPSC, MBOX vs. MGMT, MBOX vs. NOBL, MBOX vs. TLTW, MBOX vs. DDIV
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Freedom Day Dividend 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
Freedom Day Dividend ETF had a return of 8.25% year-to-date (YTD) and 29.20% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.25% | 6.17% |
| 1 month | -2.64% | -2.72% |
| 6 months | 20.39% | 17.29% |
| 1 year | 29.20% | 23.80% |
| 5 years (annualized) | N/A | 11.47% |
| 10 years (annualized) | N/A | 10.41% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.31% | 4.11% | 6.64% | -3.64% | ||||||||
| 2023 | -2.23% | 7.30% | 6.83% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of MBOX is 92, placing it in the top 8% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Freedom Day Dividend ETF(MBOX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Freedom Day Dividend ETF (MBOX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Freedom Day Dividend ETF granted a 1.74% dividend yield in the last twelve months. The annual payout for that period amounted to $0.54 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.54 | $0.61 | $0.73 | $0.32 |
Dividend yield | 1.74% | 2.13% | 2.87% | 1.17% |
Monthly Dividends
The table displays the monthly dividend distributions for Freedom Day Dividend 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.10 | $0.00 | ||||||||
| 2023 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.14 |
| 2022 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.25 |
| 2021 | $0.03 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.19 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Freedom Day Dividend 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 Freedom Day Dividend ETF was 16.42%, occurring on Sep 30, 2022. Recovery took 202 trading sessions.
The current Freedom Day Dividend ETF drawdown is 3.75%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.42% | Apr 11, 2022 | 120 | Sep 30, 2022 | 202 | Jul 24, 2023 | 322 |
| -7.6% | Aug 1, 2023 | 63 | Oct 27, 2023 | 16 | Nov 20, 2023 | 79 |
| -6.84% | Jan 5, 2022 | 35 | Feb 24, 2022 | 20 | Mar 24, 2022 | 55 |
| -5.68% | Apr 1, 2024 | 14 | Apr 18, 2024 | — | — | — |
| -4.83% | Sep 3, 2021 | 19 | Sep 30, 2021 | 15 | Oct 21, 2021 | 34 |
Volatility
Volatility Chart
The current Freedom Day Dividend ETF volatility is 3.38%, 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.