ADFI vs. AAA
Compare and contrast key facts about Anfield Dynamic Fixed Income ETF (ADFI) and AAF First Priority CLO Bond ETF (AAA).
ADFI and AAA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ADFI is an actively managed fund by Anfield. It was launched on Aug 17, 2020. AAA is an actively managed fund by Alternative Access Funds LLC. It was launched on Sep 9, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ADFI or AAA.
Key characteristics
| ADFI | AAA | |
|---|---|---|
| YTD Return | 4.36% | 4.71% |
| 1Y Return | 8.48% | 7.61% |
| 3Y Return (Ann) | -1.19% | 4.68% |
| Sharpe Ratio | 1.32 | 4.02 |
| Daily Std Dev | 6.35% | 1.93% |
| Max Drawdown | -17.62% | -2.64% |
| Current Drawdown | -5.25% | -0.14% |
Correlation
The correlation between ADFI and AAA is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
ADFI vs. AAA - Performance Comparison
In the year-to-date period, ADFI achieves a 4.36% return, which is significantly lower than AAA's 4.71% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ADFI vs. AAA - Expense Ratio Comparison
ADFI has a 1.75% expense ratio, which is higher than AAA's 0.25% expense ratio.
Risk-Adjusted Performance
ADFI vs. AAA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Anfield Dynamic Fixed Income ETF (ADFI) and AAF First Priority CLO Bond ETF (AAA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ADFI vs. AAA - Dividend Comparison
ADFI's dividend yield for the trailing twelve months is around 2.73%, less than AAA's 6.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
ADFI Anfield Dynamic Fixed Income ETF | 2.73% | 2.90% | 1.60% | 0.80% | 0.50% |
AAA AAF First Priority CLO Bond ETF | 6.33% | 6.11% | 2.78% | 1.05% | 0.32% |
Drawdowns
ADFI vs. AAA - Drawdown Comparison
The maximum ADFI drawdown since its inception was -17.62%, which is greater than AAA's maximum drawdown of -2.64%. Use the drawdown chart below to compare losses from any high point for ADFI and AAA. For additional features, visit the drawdowns tool.
Volatility
ADFI vs. AAA - Volatility Comparison
Anfield Dynamic Fixed Income ETF (ADFI) has a higher volatility of 1.31% compared to AAF First Priority CLO Bond ETF (AAA) at 0.67%. This indicates that ADFI's price experiences larger fluctuations and is considered to be riskier than AAA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.