AFOS vs. BLUX

Last updated Jun 23, 2026

AFOS (ARS Focused Opportunities Strategy ETF) and BLUX (Bluemonte Dynamic Total Market ETF) are both Large Cap Blend Equities funds. A 0.79 correlation means they provide meaningful diversification when combined. AFOS charges 0.45%/yr vs 0.25%/yr for BLUX.

Performance

AFOS vs. BLUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARS Focused Opportunities Strategy ETF (AFOS) and Bluemonte Dynamic Total Market ETF (BLUX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AFOS achieves a 36.79% return, which is significantly higher than BLUX's 14.21% return.

AFOS

• 1D: 0.72%
• 1M: 8.55%
• YTD: 36.79%
• 6M: 36.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BLUX

• 1D: 0.08%
• 1M: 2.19%
• YTD: 14.21%
• 6M: 12.51%
• 1Y: 28.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AFOS vs. BLUX - Yearly Performance Comparison

	2026 (YTD)	2025
AFOS ARS Focused Opportunities Strategy ETF	36.79%	37.10%
BLUX Bluemonte Dynamic Total Market ETF	14.21%	10.98%

Correlation

The correlation between AFOS and BLUX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.79

Return for Risk

AFOS vs. BLUX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARS Focused Opportunities Strategy ETF (AFOS) and Bluemonte Dynamic Total Market ETF (BLUX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

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

Drawdowns

AFOS vs. BLUX - Drawdown Comparison

The maximum AFOS drawdown since its inception was -11.52%, which is greater than BLUX's maximum drawdown of -9.03%. Use the drawdown chart below to compare losses from any high point for AFOS and BLUX.

Drawdown Indicators

	AFOS	BLUX	Difference
Max Drawdown Largest peak-to-trough decline	-11.52%	-9.03%	-2.49%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.03%	—
Current Drawdown Current decline from peak	0.00%	-0.17%	+0.17%
Average Drawdown Average peak-to-trough decline	-1.41%	-1.31%	-0.10%

Volatility

Volatility by Period

	AFOS	BLUX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	21.17%	14.23%	+6.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.17%	14.23%	+6.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.17%	14.23%	+6.94%

AFOS vs. BLUX - Expense Ratio Comparison

AFOS has a 0.45% expense ratio, which is higher than BLUX's 0.25% expense ratio.

Dividends

AFOS vs. BLUX - Dividend Comparison

AFOS's dividend yield for the trailing twelve months is around 0.22%, less than BLUX's 0.83% yield.

Position	TTM	2025
AFOS ARS Focused Opportunities Strategy ETF	0.22%	0.30%
BLUX Bluemonte Dynamic Total Market ETF	0.83%	0.73%

Frequently Asked Questions

Can I hold both AFOS and BLUX in my portfolio?

AFOS and BLUX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AFOS or BLUX?

On fees, BLUX is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AFOS or BLUX?

BLUX is cheaper with a 0.25% expense ratio, compared with 0.45% for AFOS.

Which ETF pays a higher dividend yield, AFOS or BLUX?

BLUX has the higher dividend yield at 0.83%, compared with 0.22% for AFOS.

What is the main difference between AFOS and BLUX?

They also come from different issuers: ARS Investment Partners and Bluemonte. Their fees differ too: 0.45% for AFOS and 0.25% for BLUX.