ESGB vs. CFIT

Last updated Apr 2, 2026

Compare and contrast key facts about IQ MacKay ESG Core Plus Bond ETF (ESGB) and Cambria Fixed Income Trend ETF (CFIT).

ESGB and CFIT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESGB is an actively managed fund by IndexIQ. It was launched on Jun 29, 2021. CFIT is an actively managed fund by Cambria. It was launched on Mar 27, 2025.

Performance

ESGB vs. CFIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IQ MacKay ESG Core Plus Bond ETF (ESGB) and Cambria Fixed Income Trend ETF (CFIT). The values are adjusted to include any dividend payments, if applicable.

ESGB vs. CFIT - Yearly Performance Comparison

	2026 (YTD)	2025
ESGB IQ MacKay ESG Core Plus Bond ETF	0.26%	5.06%
CFIT Cambria Fixed Income Trend ETF	0.16%	3.59%

Returns By Period

In the year-to-date period, ESGB achieves a 0.26% return, which is significantly higher than CFIT's 0.16% return.

ESGB

• 1D: 0.10%
• 1M: -1.31%
• YTD: 0.26%
• 6M: 1.07%
• 1Y: 4.68%
• 3Y*: 5.34%
• 5Y*: —
• 10Y*: —

CFIT

• 1D: 0.40%
• 1M: -2.74%
• YTD: 0.16%
• 6M: 0.17%
• 1Y: 3.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ESGB vs. CFIT - Expense Ratio Comparison

ESGB has a 0.39% expense ratio, which is lower than CFIT's 0.71% expense ratio.

CFIT

Cambria Fixed Income Trend ETF

ESGB

IQ MacKay ESG Core Plus Bond ETF

Return for Risk

ESGB vs. CFIT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ESGB

ESGB Risk / Return Rank: 58
ESGB Sharpe Ratio Rank: 61
ESGB Sortino Ratio Rank: 57
ESGB Omega Ratio Rank: 51
ESGB Calmar Ratio Rank: 66
ESGB Martin Ratio Rank: 56

CFIT

CFIT Risk / Return Rank: 28
CFIT Sharpe Ratio Rank: 32
CFIT Sortino Ratio Rank: 29
CFIT Omega Ratio Rank: 27
CFIT Calmar Ratio Rank: 30
CFIT Martin Ratio Rank: 24

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ESGB vs. CFIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IQ MacKay ESG Core Plus Bond ETF (ESGB) and Cambria Fixed Income Trend ETF (CFIT). 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.

	ESGB	CFIT	Difference
Sharpe ratio Return per unit of total volatility	1.14	0.66	+0.47
Sortino ratio Return per unit of downside risk	1.58	0.93	+0.65
Omega ratio Gain probability vs. loss probability	1.20	1.12	+0.08
Calmar ratio Return relative to maximum drawdown	1.90	0.89	+1.01
Martin ratio Return relative to average drawdown	6.21	2.12	+4.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ESGB vs. CFIT - Sharpe Ratio Comparison

The current ESGB Sharpe Ratio is 1.14, which is higher than the CFIT Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of ESGB and CFIT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ESGB	CFIT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.14	0.66	+0.47
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.69	-0.54

Correlation

The correlation between ESGB and CFIT is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ESGB vs. CFIT - Dividend Comparison

ESGB's dividend yield for the trailing twelve months is around 5.56%, more than CFIT's 4.31% yield.

	TTM	2025	2024	2023	2022	2021
ESGB IQ MacKay ESG Core Plus Bond ETF	5.56%	5.46%	5.40%	4.82%	3.17%	0.95%
CFIT Cambria Fixed Income Trend ETF	4.31%	3.14%	0.00%	0.00%	0.00%	0.00%

Drawdowns

ESGB vs. CFIT - Drawdown Comparison

The maximum ESGB drawdown since its inception was -18.96%, which is greater than CFIT's maximum drawdown of -4.23%. Use the drawdown chart below to compare losses from any high point for ESGB and CFIT.

Drawdown Indicators

	ESGB	CFIT	Difference
Max Drawdown Largest peak-to-trough decline	-18.96%	-4.23%	-14.73%
Max Drawdown (1Y) Largest decline over 1 year	-2.60%	-4.23%	+1.63%
Current Drawdown Current decline from peak	-1.66%	-3.01%	+1.35%
Average Drawdown Average peak-to-trough decline	-7.28%	-1.32%	-5.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.80%	1.76%	-0.96%

Volatility

ESGB vs. CFIT - Volatility Comparison

The current volatility for IQ MacKay ESG Core Plus Bond ETF (ESGB) is 1.81%, while Cambria Fixed Income Trend ETF (CFIT) has a volatility of 2.90%. This indicates that ESGB experiences smaller price fluctuations and is considered to be less risky than CFIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESGB	CFIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.81%	2.90%	-1.09%
Volatility (6M) Calculated over the trailing 6-month period	2.67%	4.46%	-1.79%
Volatility (1Y) Calculated over the trailing 1-year period	4.15%	5.45%	-1.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.08%	5.44%	-0.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.08%	5.44%	-0.36%