BFIX vs. DDV

Last updated Jun 4, 2026

BFIX (Build Bond Innovation ETF) and DDV (Defined Duration 5 ETF) are both Intermediate Core Bond funds. Both are actively managed. A 0.54 correlation means they provide meaningful diversification when combined. BFIX charges 0.45%/yr vs 0.25%/yr for DDV.

Performance

BFIX vs. DDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Build Bond Innovation ETF (BFIX) and Defined Duration 5 ETF (DDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BFIX achieves a 1.27% return, which is significantly lower than DDV's 2.23% return.

BFIX

• 1D: -0.08%
• 1M: 0.15%
• YTD: 1.27%
• 6M: 1.32%
• 1Y: 4.80%
• 3Y*: 7.75%
• 5Y*: —
• 10Y*: —

DDV

• 1D: -0.02%
• 1M: 0.73%
• YTD: 2.23%
• 6M: 2.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BFIX vs. DDV - Yearly Performance Comparison

	2026 (YTD)	2025
BFIX Build Bond Innovation ETF	1.27%	0.18%
DDV Defined Duration 5 ETF	2.23%	0.71%

Correlation

The correlation between BFIX and DDV is 0.54, 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 Nov 14, 2025	0.54

Return for Risk

BFIX vs. DDV — Risk / Return Rank

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

BFIX

BFIX Risk / Return Rank: 61
BFIX Sharpe Ratio Rank: 48
BFIX Sortino Ratio Rank: 53
BFIX Omega Ratio Rank: 51
BFIX Calmar Ratio Rank: 88
BFIX Martin Ratio Rank: 67

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.

BFIX vs. DDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Build Bond Innovation ETF (BFIX) and Defined Duration 5 ETF (DDV). 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.

	BFIX	DDV	Difference
Sharpe ratio: Return per unit of total volatility	1.67	—	—
Sortino ratio: Return per unit of downside risk	2.55	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	5.11	—	—
Martin ratio: Return relative to average drawdown	12.39	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BFIX	DDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.67	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	2.06	-1.21

Drawdowns

BFIX vs. DDV - Drawdown Comparison

The maximum BFIX drawdown since its inception was -8.03%, which is greater than DDV's maximum drawdown of -1.92%. Use the drawdown chart below to compare losses from any high point for BFIX and DDV.

Drawdown Indicators

	BFIX	DDV	Difference
Max Drawdown Largest peak-to-trough decline	-8.03%	-1.92%	-6.11%
Max Drawdown (1Y) Largest decline over 1 year	-0.94%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-4.05%	—	—
Current Drawdown Current decline from peak	-0.40%	-0.12%	-0.28%
Average Drawdown Average peak-to-trough decline	-2.76%	-0.35%	-2.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.39%	—	—

Volatility

Volatility by Period

	BFIX	DDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.89%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.90%	2.68%	+0.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.77%	2.68%	+2.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.77%	2.68%	+2.09%

BFIX vs. DDV - Expense Ratio Comparison

BFIX has a 0.45% expense ratio, which is higher than DDV's 0.25% expense ratio.

Dividends

BFIX vs. DDV - Dividend Comparison

BFIX's dividend yield for the trailing twelve months is around 3.52%, more than DDV's 1.21% yield.

Position	TTM	2025	2024	2023	2022
BFIX Build Bond Innovation ETF	3.52%	3.73%	4.38%	4.30%	1.58%
DDV Defined Duration 5 ETF	1.21%	0.42%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BFIX and DDV in my portfolio?

BFIX and DDV have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BFIX or DDV?

On fees, DDV 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, BFIX or DDV?

DDV is cheaper with a 0.25% expense ratio, compared with 0.45% for BFIX.

Which ETF pays a higher dividend yield, BFIX or DDV?

BFIX has the higher dividend yield at 3.52%, compared with 1.21% for DDV.

What is the main difference between BFIX and DDV?

They also come from different issuers: Build and Discipline Funds. Their fees differ too: 0.45% for BFIX and 0.25% for DDV.