BINC vs. FXF
BINC (iShares Flexible Income Active ETF) and FXF (Invesco CurrencyShares® Swiss Franc Trust) are both exchange-traded funds - BINC is a Multisector Bonds fund actively managed by iShares, while FXF is a Currency fund tracking the Swiss Franc. BINC is actively managed, while FXF is passively managed. Over the past 3 years, BINC returned 7.04%/yr vs 3.71%/yr for FXF. At a 0.38 correlation, their price movements are largely independent. Both charge a 0.40% expense ratio.
Performance
BINC vs. FXF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BINC achieves a 1.29% return, which is significantly higher than FXF's -0.56% return.
BINC
- 1D
- 0.15%
- 1M
- 0.92%
- YTD
- 1.29%
- 6M
- 1.78%
- 1Y
- 5.90%
- 3Y*
- 7.04%
- 5Y*
- —
- 10Y*
- —
FXF
- 1D
- 0.23%
- 1M
- -1.07%
- YTD
- -0.56%
- 6M
- -0.05%
- 1Y
- 1.46%
- 3Y*
- 3.71%
- 5Y*
- 2.14%
- 10Y*
- 1.05%
BINC vs. FXF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
BINC iShares Flexible Income Active ETF | 1.29% | 7.57% | 5.76% | 7.12% |
FXF Invesco CurrencyShares® Swiss Franc Trust | -0.56% | 14.04% | -7.46% | 6.65% |
Correlation
The correlation between BINC and FXF is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since May 23, 2023 | 0.38 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BINC vs. FXF — Risk / Return Rank
BINC
FXF
BINC vs. FXF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Flexible Income Active ETF (BINC) and Invesco CurrencyShares® Swiss Franc Trust (FXF). 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.
| BINC | FXF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.39 | ||
| Sortino ratioReturn per unit of downside risk | +3.42 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.04 | +0.48 |
| Calmar ratioReturn relative to maximum drawdown | 2.20 | 0.30 | +1.91 |
| Martin ratioReturn relative to average drawdown | 8.60 | 0.64 | +7.96 |
Loading charts...
Drawdowns
BINC vs. FXF - Drawdown Comparison
The maximum BINC drawdown since its inception was -2.69%, smaller than the maximum FXF drawdown of -35.58%. Use the drawdown chart below to compare losses from any high point for BINC and FXF.
Loading charts...
Drawdown Indicators
| BINC | FXF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.69% | -35.58% | +32.89% |
Max Drawdown (1Y)Largest decline over 1 year | -2.69% | -4.97% | +2.28% |
Max Drawdown (3Y)Largest decline over 3 years | -2.69% | -8.52% | +5.83% |
Max Drawdown (5Y)Largest decline over 5 years | — | -11.99% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -15.04% | — |
Current DrawdownCurrent decline from peak | -0.10% | -18.83% | +18.73% |
Average DrawdownAverage peak-to-trough decline | -0.36% | -20.83% | +20.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.69% | 2.29% | -1.60% |
Volatility
BINC vs. FXF - Volatility Comparison
The current volatility for iShares Flexible Income Active ETF (BINC) is 0.75%, while Invesco CurrencyShares® Swiss Franc Trust (FXF) has a volatility of 1.84%. This indicates that BINC experiences smaller price fluctuations and is considered to be less risky than FXF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BINC | FXF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.75% | 1.84% | -1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 1.87% | 5.53% | -3.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.30% | 7.42% | -5.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.99% | 8.33% | -5.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.99% | 7.57% | -4.58% |
BINC vs. FXF - Expense Ratio Comparison
Both BINC and FXF have an expense ratio of 0.40%.
Dividends
BINC vs. FXF - Dividend Comparison
BINC's dividend yield for the trailing twelve months is around 5.84%, while FXF has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
BINC iShares Flexible Income Active ETF | 5.84% | 5.86% | 6.14% | 3.13% |
FXF Invesco CurrencyShares® Swiss Franc Trust | 0.00% | 0.00% | 0.03% | 0.02% |
Frequently Asked Questions
BINC and FXF have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FXF has higher volatility (1.84%) compared to BINC (0.75%). In terms of maximum drawdown, BINC dropped -2.69% vs FXF's -35.58%.
On 3-year performance, BINC leads with 7.04% vs 3.71% for FXF. Both ETFs have the same 0.40% expense ratio. On volatility, BINC has been the lower-risk option at 0.75%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, BINC has performed better with a 7.04% return vs 3.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BINC and FXF have the same expense ratio: 0.40% per year.
BINC has the higher dividend yield at 5.84%, compared with 0.00% for FXF.
BINC is categorized as Multisector Bonds, while FXF is Currency. They also come from different issuers: iShares and Invesco.
BINC currently has the higher Sharpe Ratio (2.58 vs 0.20), 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.
Find the right allocation for BINC and FXF
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer