APCB vs. CFIT

Last updated Aug 2, 2026

APCB (ActivePassive Core Bond ETF) and CFIT (Cambria Fixed Income Trend ETF) are both Intermediate Core-Plus Bond funds. Both are actively managed. Over the past year, APCB returned 1.90% vs 7.80% for CFIT. Their 0.54 correlation means they have sometimes moved together and sometimes differently. APCB charges 0.36%/yr vs 0.71%/yr for CFIT.

Performance

APCB vs. CFIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ActivePassive Core Bond ETF (APCB) and Cambria Fixed Income Trend ETF (CFIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, APCB achieves a -0.51% return, which is significantly lower than CFIT's 3.70% return.

APCB

• 1D: -0.21%
• 1M: -1.30%
• 6M: -0.78%
• YTD: -0.51%
• 1Y: 1.90%
• 3Y*: 3.88%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 2.85%

CFIT

• 1D: 0.04%
• 1M: -0.96%
• 6M: 1.99%
• YTD: 3.70%
• 1Y: 7.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.34%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
APCB ActivePassive Core Bond ETF	$1.44M	$5.18M	$2.86M
CFIT Cambria Fixed Income Trend ETF	$164.06K	$239.62K	$547.04K

APCB vs. CFIT - Yearly Performance Comparison

	2026 (YTD)	2025
APCB ActivePassive Core Bond ETF	-0.51%	5.00%
CFIT Cambria Fixed Income Trend ETF	3.70%	3.40%

Correlation

The correlation between APCB and CFIT is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.52
Correlation (All Time) Calculated using the full available price history since Mar 28, 2025	0.54

The correlation between APCB and CFIT has been stable across timeframes, ranging from 0.52 to 0.54 - a consistent structural relationship.

Return for Risk

APCB vs. CFIT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

APCB

APCB Risk / Return Rank: 30
APCB Sharpe Ratio Rank: 32
APCB Sortino Ratio Rank: 30
APCB Omega Ratio Rank: 29
APCB Calmar Ratio Rank: 31
APCB Martin Ratio Rank: 30

CFIT

CFIT Risk / Return Rank: 53
CFIT Sharpe Ratio Rank: 55
CFIT Sortino Ratio Rank: 53
CFIT Omega Ratio Rank: 55
CFIT Calmar Ratio Rank: 53
CFIT Martin Ratio Rank: 52

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

APCB vs. CFIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ActivePassive Core Bond ETF (APCB) and Cambria Fixed Income Trend ETF (CFIT). 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.

	APCB	CFIT	Difference
Sharpe ratio: Return per unit of total volatility	0.78	1.33	-0.55
Sortino ratio: Return per unit of downside risk	1.13	1.87	-0.74
Omega ratio: Gain probability vs. loss probability	1.14	1.24	-0.11
Calmar ratio: Return relative to maximum drawdown	1.02	1.88	-0.86
Martin ratio: Return relative to average drawdown	2.58	6.09	-3.51

APCB vs. CFIT - Sharpe Ratio Comparison

The current APCB Sharpe Ratio is 0.78, which is lower than the CFIT Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of APCB and CFIT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

APCB vs. CFIT - Drawdown Comparison

The maximum APCB drawdown since its inception was -6.42%, which is greater than CFIT's maximum drawdown of -4.23%. Use the drawdown chart below to compare losses from any high point for APCB and CFIT.

Drawdown Indicators

	APCB	CFIT	Difference
Max Drawdown Largest peak-to-trough decline	-6.42%	-4.23%	-2.19%
Max Drawdown (1Y) Largest decline over 1 year	-2.58%	-4.23%	+1.65%
Max Drawdown (3Y) Largest decline over 3 years	-4.41%	—	—
Current Drawdown Current decline from peak	-2.20%	-2.40%	+0.20%
Average Drawdown Average peak-to-trough decline	-1.50%	-1.24%	-0.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.02%	1.30%	-0.28%

Volatility

APCB vs. CFIT - Volatility Comparison

The current volatility for ActivePassive Core Bond ETF (APCB) is 0.93%, while Cambria Fixed Income Trend ETF (CFIT) has a volatility of 1.77%. This indicates that APCB experiences smaller price fluctuations and is considered to be less risky than CFIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	APCB	CFIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.93%	1.77%	-0.84%
Volatility (6M) Calculated over the trailing 6-month period	2.63%	4.88%	-2.25%
Volatility (1Y) Calculated over the trailing 1-year period	3.37%	5.98%	-2.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.78%	5.66%	-0.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.78%	5.66%	-0.88%

APCB vs. CFIT - Expense Ratio Comparison

APCB has a 0.36% expense ratio, which is lower than CFIT's 0.71% expense ratio.

Dividends

APCB vs. CFIT - Dividend Comparison

APCB's dividend yield for the trailing twelve months is around 4.41%, more than CFIT's 3.92% yield.

Position	TTM	2025	2024	2023
APCB ActivePassive Core Bond ETF	4.05%	4.35%	4.74%	2.22%
CFIT Cambria Fixed Income Trend ETF	3.92%	3.14%	0.00%	0.00%

Frequently Asked Questions

Can I hold both APCB and CFIT in my portfolio?

APCB and CFIT have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, APCB or CFIT?

CFIT has higher volatility (1.77%) compared to APCB (0.93%). In terms of maximum drawdown, APCB dropped -6.42% vs CFIT's -4.23%.

Which ETF is better, APCB or CFIT?

On 1-year performance, CFIT leads with 7.80% vs 1.90% for APCB. On fees, APCB is cheaper at 0.36% per year. On volatility, APCB has been the lower-risk option at 0.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, APCB or CFIT?

Over the 1-year period, CFIT has performed better with a 7.80% return vs 1.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, APCB or CFIT?

APCB is cheaper with a 0.36% expense ratio, compared with 0.71% for CFIT.

Which ETF pays a higher dividend yield, APCB or CFIT?

APCB has the higher dividend yield at 4.05%, compared with 3.92% for CFIT.

What is the main difference between APCB and CFIT?

They also come from different issuers: ActivePassive and Cambria. Their fees differ too: 0.36% for APCB and 0.71% for CFIT.

Which has better risk-adjusted returns?

CFIT currently has the higher Sharpe Ratio (1.33 vs 0.78), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.