AEMS vs. ADFI

Last updated Jun 5, 2026

AEMS (Anfield Enhanced Market ETF) and ADFI (Anfield Dynamic Fixed Income ETF) are both exchange-traded funds - AEMS is a Derivative Income fund managed by Anfield, while ADFI is a Intermediate Core-Plus Bond fund actively managed by Anfield. At a 0.32 correlation, their price movements are largely independent. AEMS charges 1.21%/yr vs 1.75%/yr for ADFI.

Performance

AEMS vs. ADFI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Anfield Enhanced Market ETF (AEMS) and Anfield Dynamic Fixed Income ETF (ADFI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AEMS achieves a 15.80% return, which is significantly higher than ADFI's 0.16% return.

AEMS

• 1D: 0.31%
• 1M: 5.79%
• YTD: 15.80%
• 6M: 16.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ADFI

• 1D: 0.18%
• 1M: 0.49%
• YTD: 0.16%
• 6M: 0.36%
• 1Y: 3.58%
• 3Y*: 3.42%
• 5Y*: -0.12%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AEMS vs. ADFI - Yearly Performance Comparison

	2026 (YTD)	2025
AEMS Anfield Enhanced Market ETF	15.80%	11.81%
ADFI Anfield Dynamic Fixed Income ETF	0.16%	2.49%

Correlation

The correlation between AEMS and ADFI is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 2, 2025	0.32

Return for Risk

AEMS vs. ADFI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ADFI

ADFI Risk / Return Rank: 25
ADFI Sharpe Ratio Rank: 23
ADFI Sortino Ratio Rank: 22
ADFI Omega Ratio Rank: 21
ADFI Calmar Ratio Rank: 30
ADFI Martin Ratio Rank: 29

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AEMS vs. ADFI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Anfield Enhanced Market ETF (AEMS) and Anfield Dynamic Fixed Income ETF (ADFI). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AEMS	ADFI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.76	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.02	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.00	-0.09	+2.10

Drawdowns

AEMS vs. ADFI - Drawdown Comparison

The maximum AEMS drawdown since its inception was -11.37%, smaller than the maximum ADFI drawdown of -17.62%. Use the drawdown chart below to compare losses from any high point for AEMS and ADFI.

Drawdown Indicators

	AEMS	ADFI	Difference
Max Drawdown Largest peak-to-trough decline	-11.37%	-17.62%	+6.25%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.48%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-5.60%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.11%	—
Current Drawdown Current decline from peak	-0.17%	-3.47%	+3.30%
Average Drawdown Average peak-to-trough decline	-1.48%	-7.60%	+6.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.86%	—

Volatility

Volatility by Period

	AEMS	ADFI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.11%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.84%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.11%	4.76%	+11.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.11%	6.19%	+9.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.11%	5.88%	+10.23%

AEMS vs. ADFI - Expense Ratio Comparison

AEMS has a 1.21% expense ratio, which is lower than ADFI's 1.75% expense ratio.

Dividends

AEMS vs. ADFI - Dividend Comparison

AEMS's dividend yield for the trailing twelve months is around 6.51%, more than ADFI's 3.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
ADFI Anfield Dynamic Fixed Income ETF	3.24%	3.30%	3.17%	2.90%	1.60%	0.80%	0.50%
AEMS Anfield Enhanced Market ETF	6.51%	7.53%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AEMS and ADFI in my portfolio?

AEMS and ADFI have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AEMS or ADFI?

On fees, AEMS is cheaper at 1.21% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AEMS or ADFI?

AEMS is cheaper with a 1.21% expense ratio, compared with 1.75% for ADFI.

Which ETF pays a higher dividend yield, AEMS or ADFI?

AEMS has the higher dividend yield at 6.51%, compared with 3.24% for ADFI.

What is the main difference between AEMS and ADFI?

AEMS is categorized as Derivative Income, while ADFI is Intermediate Core-Plus Bond. Their fees differ too: 1.21% for AEMS and 1.75% for ADFI.