BFLX vs. EMPB
BFLX (iShares Flexible Equity Active ETF) and EMPB (Efficient Market Portfolio Plus ETF) are both Long-Short funds. Both are actively managed. A 0.60 correlation means they provide meaningful diversification when combined. BFLX charges 0.40%/yr vs 1.82%/yr for EMPB.
Performance
BFLX vs. EMPB - Performance Comparison
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Returns By Period
BFLX
- 1D
- -0.43%
- 1M
- -1.16%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EMPB
- 1D
- -0.95%
- 1M
- -0.02%
- 6M
- 16.96%
- YTD
- 13.08%
- 1Y
- 14.66%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BFLX vs. EMPB - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
BFLX iShares Flexible Equity Active ETF | 0.50% |
EMPB Efficient Market Portfolio Plus ETF | 2.99% |
Correlation
The correlation between BFLX and EMPB is 0.60, 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 May 20, 2026 | 0.60 |
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Return for Risk
BFLX vs. EMPB — Risk / Return Rank
BFLX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EMPB
BFLX vs. EMPB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Flexible Equity Active ETF (BFLX) and Efficient Market Portfolio Plus ETF (EMPB). 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.
| BFLX | EMPB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.24 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.46 | — |
| Martin ratioReturn relative to average drawdown | — | 7.18 | — |
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Drawdowns
BFLX vs. EMPB - Drawdown Comparison
The maximum BFLX drawdown since its inception was -3.85%, smaller than the maximum EMPB drawdown of -7.55%. Use the drawdown chart below to compare losses from any high point for BFLX and EMPB.
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Drawdown Indicators
| BFLX | EMPB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.85% | -7.55% | +3.70% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.98% | — |
Current DrawdownCurrent decline from peak | -2.25% | -2.10% | -0.15% |
Average DrawdownAverage peak-to-trough decline | -1.37% | -1.43% | +0.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.04% | — |
Volatility
BFLX vs. EMPB - Volatility Comparison
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Volatility by Period
| BFLX | EMPB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.29% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.78% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.09% | 11.38% | +2.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.09% | 11.67% | +2.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.09% | 11.67% | +2.42% |
BFLX vs. EMPB - Expense Ratio Comparison
BFLX has a 0.40% expense ratio, which is lower than EMPB's 1.82% expense ratio.
Dividends
BFLX vs. EMPB - Dividend Comparison
BFLX has not paid dividends to shareholders, while EMPB's dividend yield for the trailing twelve months is around 0.78%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BFLX iShares Flexible Equity Active ETF | 0.00% | 0.00% | 0.00% |
EMPB Efficient Market Portfolio Plus ETF | 0.78% | 0.88% | 0.28% |
Frequently Asked Questions
BFLX and EMPB have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BFLX is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BFLX is cheaper with a 0.40% expense ratio, compared with 1.82% for EMPB.
EMPB has the higher dividend yield at 0.78%, compared with 0.00% for BFLX.
They also come from different issuers: iShares and Empowered Funds. Their fees differ too: 0.40% for BFLX and 1.82% for EMPB.
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