BOXX vs. FLTB
Compare and contrast key facts about Alpha Architect 1-3 Month Box ETF (BOXX) and Fidelity Limited Term Bond ETF (FLTB).
BOXX and FLTB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BOXX is an actively managed fund by Alpha Architect. It was launched on Dec 27, 2022. FLTB is an actively managed fund by Fidelity. It was launched on Oct 6, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BOXX or FLTB.
Key characteristics
| BOXX | FLTB | |
|---|---|---|
| YTD Return | 4.47% | 4.87% |
| 1Y Return | 5.28% | 8.33% |
| Sharpe Ratio | 13.84 | 3.35 |
| Sortino Ratio | 47.40 | 5.58 |
| Omega Ratio | 10.50 | 1.71 |
| Calmar Ratio | 139.71 | 1.77 |
| Martin Ratio | 727.95 | 20.88 |
| Ulcer Index | 0.01% | 0.40% |
| Daily Std Dev | 0.38% | 2.50% |
| Max Drawdown | -0.12% | -9.37% |
| Current Drawdown | 0.00% | -0.74% |
Correlation
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.
Performance
BOXX vs. FLTB - Performance Comparison
In the year-to-date period, BOXX achieves a 4.47% return, which is significantly lower than FLTB's 4.87% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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.
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.
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.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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.
Volatility
BOXX vs. FLTB - Volatility Comparison
The current volatility for Alpha Architect 1-3 Month Box ETF (BOXX) is 0.09%, while Fidelity Limited Term Bond ETF (FLTB) has a volatility of 0.43%. 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.