BFIX vs. DFCF

Last updated Apr 1, 2026

Compare and contrast key facts about Build Bond Innovation ETF (BFIX) and Dimensional Core Fixed Income ETF (DFCF).

BFIX and DFCF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BFIX is an actively managed fund by Build. It was launched on Feb 9, 2022. DFCF is an actively managed fund by Dimensional. It was launched on Nov 15, 2021.

Performance

BFIX vs. DFCF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Build Bond Innovation ETF (BFIX) and Dimensional Core Fixed Income ETF (DFCF). The values are adjusted to include any dividend payments, if applicable.

BFIX vs. DFCF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
BFIX Build Bond Innovation ETF	1.25%	5.91%	12.95%	4.97%	-6.82%
DFCF Dimensional Core Fixed Income ETF	-0.10%	7.89%	1.86%	6.94%	-10.21%

Returns By Period

In the year-to-date period, BFIX achieves a 1.25% return, which is significantly higher than DFCF's -0.10% return.

BFIX

• 1D: 0.17%
• 1M: -0.41%
• YTD: 1.25%
• 6M: 2.16%
• 1Y: 5.26%
• 3Y*: 7.75%
• 5Y*: —
• 10Y*: —

DFCF

• 1D: 0.33%
• 1M: -1.93%
• YTD: -0.10%
• 6M: 0.91%
• 1Y: 4.99%
• 3Y*: 4.41%
• 5Y*: —
• 10Y*: —

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

BFIX vs. DFCF - Expense Ratio Comparison

BFIX has a 0.45% expense ratio, which is higher than DFCF's 0.17% expense ratio.

BFIX

Build Bond Innovation ETF

DFCF

Dimensional Core Fixed Income ETF

Return for Risk

BFIX vs. DFCF — Risk / Return Rank

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

BFIX

BFIX Risk / Return Rank: 89
BFIX Sharpe Ratio Rank: 86
BFIX Sortino Ratio Rank: 91
BFIX Omega Ratio Rank: 83
BFIX Calmar Ratio Rank: 96
BFIX Martin Ratio Rank: 91

DFCF

DFCF Risk / Return Rank: 61
DFCF Sharpe Ratio Rank: 63
DFCF Sortino Ratio Rank: 60
DFCF Omega Ratio Rank: 53
DFCF Calmar Ratio Rank: 72
DFCF Martin Ratio Rank: 59

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. DFCF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Build Bond Innovation ETF (BFIX) and Dimensional Core Fixed Income ETF (DFCF). 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	DFCF	Difference
Sharpe ratio Return per unit of total volatility	1.74	1.07	+0.67
Sortino ratio Return per unit of downside risk	2.66	1.49	+1.17
Omega ratio Gain probability vs. loss probability	1.33	1.19	+0.13
Calmar ratio Return relative to maximum drawdown	4.49	1.77	+2.72
Martin ratio Return relative to average drawdown	12.08	5.55	+6.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BFIX vs. DFCF - Sharpe Ratio Comparison

The current BFIX Sharpe Ratio is 1.74, which is higher than the DFCF Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of BFIX and DFCF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BFIX	DFCF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.74	1.07	+0.67
Sharpe Ratio (All Time) Calculated using the full available price history	0.87	0.02	+0.85

Correlation

The correlation between BFIX and DFCF is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BFIX vs. DFCF - Dividend Comparison

BFIX's dividend yield for the trailing twelve months is around 3.58%, less than DFCF's 4.50% yield.

	TTM	2025	2024	2023	2022	2021
BFIX Build Bond Innovation ETF	3.58%	3.73%	4.38%	4.30%	1.58%	0.00%
DFCF Dimensional Core Fixed Income ETF	4.50%	4.48%	4.61%	4.51%	3.27%	0.16%

Drawdowns

BFIX vs. DFCF - Drawdown Comparison

The maximum BFIX drawdown since its inception was -8.03%, smaller than the maximum DFCF drawdown of -19.56%. Use the drawdown chart below to compare losses from any high point for BFIX and DFCF.

Drawdown Indicators

	BFIX	DFCF	Difference
Max Drawdown Largest peak-to-trough decline	-8.03%	-19.56%	+11.53%
Max Drawdown (1Y) Largest decline over 1 year	-1.22%	-2.90%	+1.68%
Current Drawdown Current decline from peak	-0.42%	-1.93%	+1.51%
Average Drawdown Average peak-to-trough decline	-2.85%	-8.30%	+5.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.46%	0.93%	-0.47%

Volatility

BFIX vs. DFCF - Volatility Comparison

The current volatility for Build Bond Innovation ETF (BFIX) is 0.62%, while Dimensional Core Fixed Income ETF (DFCF) has a volatility of 1.85%. This indicates that BFIX experiences smaller price fluctuations and is considered to be less risky than DFCF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BFIX	DFCF	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.62%	1.85%	-1.23%
Volatility (6M) Calculated over the trailing 6-month period	2.24%	2.72%	-0.48%
Volatility (1Y) Calculated over the trailing 1-year period	3.05%	4.68%	-1.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.84%	6.54%	-1.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.84%	6.54%	-1.70%