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BOXX vs. FLTB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

BOXX vs. FLTB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alpha Architect 1-3 Month Box ETF (BOXX) and Fidelity Limited Term Bond ETF (FLTB). The values are adjusted to include any dividend payments, if applicable.

0.00%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
2.50%
3.73%
BOXX
FLTB

Returns By Period

In the year-to-date period, BOXX achieves a 4.53% return, which is significantly lower than FLTB's 4.76% return.


BOXX

YTD

4.53%

1M

0.35%

6M

2.50%

1Y

5.23%

5Y (annualized)

N/A

10Y (annualized)

N/A

FLTB

YTD

4.76%

1M

-0.36%

6M

3.73%

1Y

7.48%

5Y (annualized)

1.76%

10Y (annualized)

2.06%

Key characteristics


BOXXFLTB
Sharpe Ratio13.743.10
Sortino Ratio46.824.99
Omega Ratio10.461.63
Calmar Ratio137.651.86
Martin Ratio731.5417.63
Ulcer Index0.01%0.43%
Daily Std Dev0.38%2.42%
Max Drawdown-0.12%-9.37%
Current Drawdown0.00%-0.85%

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BOXX vs. FLTB - Expense Ratio Comparison

BOXX has a 0.20% expense ratio, which is lower than FLTB's 0.36% expense ratio.


FLTB
Fidelity Limited Term Bond ETF
Expense ratio chart for FLTB: current value at 0.36% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.36%
Expense ratio chart for BOXX: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Correlation

-0.50.00.51.00.0

The correlation between BOXX and FLTB is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Risk-Adjusted Performance

BOXX vs. FLTB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Alpha Architect 1-3 Month Box ETF (BOXX) and Fidelity Limited Term Bond ETF (FLTB). 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.


Sharpe ratio
The chart of Sharpe ratio for BOXX, currently valued at 13.73, compared to the broader market0.002.004.006.0013.743.10
The chart of Sortino ratio for BOXX, currently valued at 46.82, compared to the broader market-2.000.002.004.006.008.0010.0012.0046.824.99
The chart of Omega ratio for BOXX, currently valued at 10.46, compared to the broader market0.501.001.502.002.503.0010.461.63
The chart of Calmar ratio for BOXX, currently valued at 137.65, compared to the broader market0.005.0010.0015.00137.656.98
The chart of Martin ratio for BOXX, currently valued at 731.54, compared to the broader market0.0020.0040.0060.0080.00100.00120.00731.5417.63
BOXX
FLTB

The current BOXX Sharpe Ratio is 13.74, which is higher than the FLTB Sharpe Ratio of 3.10. The chart below compares the historical Sharpe Ratios of BOXX and FLTB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio2.004.006.008.0010.0012.0014.00JuneJulyAugustSeptemberOctoberNovember
13.74
3.10
BOXX
FLTB

Dividends

BOXX vs. FLTB - Dividend Comparison

BOXX's dividend yield for the trailing twelve months is around 0.27%, less than FLTB's 3.95% yield.


TTM2023202220212020201920182017201620152014
BOXX
Alpha Architect 1-3 Month Box ETF
0.27%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FLTB
Fidelity Limited Term Bond ETF
3.95%3.20%1.63%0.89%1.56%2.67%2.50%1.78%1.59%1.63%0.35%

Drawdowns

BOXX vs. FLTB - Drawdown Comparison

The maximum BOXX drawdown since its inception was -0.12%, smaller than the maximum FLTB drawdown of -9.37%. Use the drawdown chart below to compare losses from any high point for BOXX and FLTB. For additional features, visit the drawdowns tool.


-1.00%-0.80%-0.60%-0.40%-0.20%0.00%JuneJulyAugustSeptemberOctoberNovember0
-0.85%
BOXX
FLTB

Volatility

BOXX vs. FLTB - Volatility Comparison

The current volatility for Alpha Architect 1-3 Month Box ETF (BOXX) is 0.08%, while Fidelity Limited Term Bond ETF (FLTB) has a volatility of 0.51%. This indicates that BOXX experiences smaller price fluctuations and is considered to be less risky than FLTB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.20%0.40%0.60%0.80%JuneJulyAugustSeptemberOctoberNovember
0.08%
0.51%
BOXX
FLTB