BUXX vs. TFLO
BUXX (Strive Enhanced Income Short Maturity ETF) and TFLO (iShares Treasury Floating Rate Bond ETF) are both exchange-traded funds - BUXX is a Ultrashort Bond fund actively managed by Strive, while TFLO is a Government Bonds fund tracking the Bloomberg U.S. Treasury Floating Rate Index. BUXX is actively managed, while TFLO is passively managed. Over the past year, BUXX returned 4.30% vs 3.95% for TFLO. At a 0.02 correlation, their price movements are largely independent. BUXX charges 0.26%/yr vs 0.15%/yr for TFLO.
Performance
BUXX vs. TFLO - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with BUXX having a 1.81% return and TFLO slightly lower at 1.79%.
BUXX
- 1D
- 0.05%
- 1M
- 0.36%
- YTD
- 1.81%
- 6M
- 1.94%
- 1Y
- 4.30%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TFLO
- 1D
- 0.02%
- 1M
- 0.29%
- YTD
- 1.79%
- 6M
- 1.91%
- 1Y
- 3.95%
- 3Y*
- 4.72%
- 5Y*
- 3.68%
- 10Y*
- 2.38%
BUXX vs. TFLO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
BUXX Strive Enhanced Income Short Maturity ETF | 1.81% | 4.84% | 6.18% | 2.86% |
TFLO iShares Treasury Floating Rate Bond ETF | 1.79% | 4.22% | 5.34% | 2.01% |
Correlation
The correlation between BUXX and TFLO is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Aug 10, 2023 | 0.02 |
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
BUXX vs. TFLO — Risk / Return Rank
BUXX
TFLO
BUXX vs. TFLO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Strive Enhanced Income Short Maturity ETF (BUXX) and iShares Treasury Floating Rate Bond ETF (TFLO). 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.
| BUXX | TFLO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -10.37 | ||
| Sortino ratioReturn per unit of downside risk | -43.25 | ||
| Omega ratioGain probability vs. loss probability | 1.84 | 13.08 | -11.24 |
| Calmar ratioReturn relative to maximum drawdown | 14.68 | 200.18 | -185.51 |
| Martin ratioReturn relative to average drawdown | 58.03 | 818.95 | -760.92 |
Loading charts...
Drawdowns
BUXX vs. TFLO - Drawdown Comparison
The maximum BUXX drawdown since its inception was -0.60%, smaller than the maximum TFLO drawdown of -5.01%. Use the drawdown chart below to compare losses from any high point for BUXX and TFLO.
Loading charts...
Drawdown Indicators
| BUXX | TFLO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.60% | -5.01% | +4.41% |
Max Drawdown (1Y)Largest decline over 1 year | -0.29% | -0.02% | -0.27% |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.04% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.13% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -0.16% | — |
Current DrawdownCurrent decline from peak | -0.15% | 0.00% | -0.15% |
Average DrawdownAverage peak-to-trough decline | -0.05% | -0.10% | +0.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.07% | 0.00% | +0.07% |
Volatility
BUXX vs. TFLO - Volatility Comparison
Strive Enhanced Income Short Maturity ETF (BUXX) has a higher volatility of 0.42% compared to iShares Treasury Floating Rate Bond ETF (TFLO) at 0.08%. This indicates that BUXX's price experiences larger fluctuations and is considered to be riskier than TFLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BUXX | TFLO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.42% | 0.08% | +0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 0.79% | 0.20% | +0.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.24% | 0.29% | +0.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.46% | 0.35% | +1.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.46% | 0.46% | +1.00% |
BUXX vs. TFLO - Expense Ratio Comparison
BUXX has a 0.26% expense ratio, which is higher than TFLO's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
BUXX vs. TFLO - Dividend Comparison
BUXX's dividend yield for the trailing twelve months is around 4.72%, more than TFLO's 3.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BUXX Strive Enhanced Income Short Maturity ETF | 4.72% | 4.95% | 5.55% | 1.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TFLO iShares Treasury Floating Rate Bond ETF | 3.89% | 4.16% | 5.21% | 4.88% | 1.68% | 0.00% | 0.36% | 2.08% | 1.65% | 0.86% | 0.31% | 0.15% |
Frequently Asked Questions
BUXX and TFLO have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BUXX has higher volatility (0.42%) compared to TFLO (0.08%). In terms of maximum drawdown, BUXX dropped -0.60% vs TFLO's -5.01%.
On 1-year performance, BUXX leads with 4.30% vs 3.95% for TFLO. On fees, TFLO is cheaper at 0.15% per year. On volatility, TFLO has been the lower-risk option at 0.08%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, BUXX has performed better with a 4.30% return vs 3.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TFLO is cheaper with a 0.15% expense ratio, compared with 0.26% for BUXX.
BUXX has the higher dividend yield at 4.72%, compared with 3.89% for TFLO.
BUXX is categorized as Ultrashort Bond, while TFLO is Government Bonds. They also come from different issuers: Strive and iShares. Their fees differ too: 0.26% for BUXX and 0.15% for TFLO.
TFLO currently has the higher Sharpe Ratio (13.86 vs 3.49), 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 BUXX and TFLO
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