CFIT vs. SGOV
CFIT (Cambria Fixed Income Trend ETF) and SGOV (iShares 0-3 Month Treasury Bond ETF) are both exchange-traded funds - CFIT is a Intermediate Core-Plus Bond fund actively managed by Cambria, while SGOV is a Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. CFIT is actively managed, while SGOV is passively managed. Over the past year, CFIT returned 12.03% vs 3.93% for SGOV. At a correlation of -0.14, they often move in opposite directions. CFIT charges 0.71%/yr vs 0.09%/yr for SGOV.
Performance
CFIT vs. SGOV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CFIT achieves a 5.95% return, which is significantly higher than SGOV's 1.70% return.
CFIT
- 1D
- -0.28%
- 1M
- 1.30%
- YTD
- 5.95%
- 6M
- 5.55%
- 1Y
- 12.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SGOV
- 1D
- 0.01%
- 1M
- 0.27%
- YTD
- 1.70%
- 6M
- 1.80%
- 1Y
- 3.93%
- 3Y*
- 4.68%
- 5Y*
- 3.58%
- 10Y*
- —
CFIT vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CFIT Cambria Fixed Income Trend ETF | 5.95% | 3.40% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.70% | 3.21% |
Correlation
The correlation between CFIT and SGOV is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.14 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2025 | -0.14 |
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
CFIT vs. SGOV — Risk / Return Rank
CFIT
SGOV
CFIT vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cambria Fixed Income Trend ETF (CFIT) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
| CFIT | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -18.30 | ||
| Sortino ratioReturn per unit of downside risk | -271.35 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 194.55 | -193.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.86 | 396.11 | -393.25 |
| Martin ratioReturn relative to average drawdown | 10.53 | 4,438.60 | -4,428.07 |
Loading charts...
Drawdowns
CFIT vs. SGOV - Drawdown Comparison
The maximum CFIT drawdown since its inception was -4.23%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for CFIT and SGOV.
Loading charts...
Drawdown Indicators
| CFIT | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.23% | -0.03% | -4.20% |
Max Drawdown (1Y)Largest decline over 1 year | -4.23% | -0.01% | -4.22% |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.01% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.03% | — |
Current DrawdownCurrent decline from peak | -0.28% | 0.00% | -0.28% |
Average DrawdownAverage peak-to-trough decline | -1.19% | -0.00% | -1.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.15% | 0.00% | +1.15% |
Volatility
CFIT vs. SGOV - Volatility Comparison
Cambria Fixed Income Trend ETF (CFIT) has a higher volatility of 2.15% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.06%. This indicates that CFIT's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CFIT | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.15% | 0.06% | +2.09% |
Volatility (6M)Calculated over the trailing 6-month period | 4.68% | 0.13% | +4.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.81% | 0.19% | +5.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.62% | 0.24% | +5.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.62% | 0.24% | +5.38% |
CFIT vs. SGOV - Expense Ratio Comparison
CFIT has a 0.71% expense ratio, which is higher than SGOV's 0.09% expense ratio.
Dividends
CFIT vs. SGOV - Dividend Comparison
CFIT's dividend yield for the trailing twelve months is around 3.84%, which matches SGOV's 3.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
CFIT Cambria Fixed Income Trend ETF | 3.84% | 3.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.85% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% |
Frequently Asked Questions
CFIT and SGOV have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CFIT has higher volatility (2.15%) compared to SGOV (0.06%). In terms of maximum drawdown, CFIT dropped -4.23% vs SGOV's -0.03%.
On 1-year performance, CFIT leads with 12.03% vs 3.93% for SGOV. On fees, SGOV is cheaper at 0.09% per year. On volatility, SGOV has been the lower-risk option at 0.06%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, CFIT has performed better with a 12.03% return vs 3.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SGOV is cheaper with a 0.09% expense ratio, compared with 0.71% for CFIT.
SGOV has the higher dividend yield at 3.85%, compared with 3.84% for CFIT.
CFIT is categorized as Intermediate Core-Plus Bond, while SGOV is Ultrashort Bond. They also come from different issuers: Cambria and iShares. Their fees differ too: 0.71% for CFIT and 0.09% for SGOV.
SGOV currently has the higher Sharpe Ratio (20.38 vs 2.08), 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 CFIT and SGOV
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