FIXP vs. TMB
FIXP (FolioBeyond Enhanced Fixed Income Premium ETF) and TMB (Thornburg Multi Sector Bond ETF) are both Multisector Bonds funds. Both are actively managed. At a 0.26 correlation, their price movements are largely independent. FIXP charges 1.01%/yr vs 0.55%/yr for TMB.
Performance
FIXP vs. TMB - Performance Comparison
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Returns By Period
FIXP
- 1D
- -0.12%
- 1M
- -0.16%
- YTD
- 1.33%
- 6M
- 1.89%
- 1Y
- 6.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TMB
- 1D
- -0.23%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FIXP vs. TMB - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
FIXP FolioBeyond Enhanced Fixed Income Premium ETF | 0.12% |
TMB Thornburg Multi Sector Bond ETF | 0.17% |
Correlation
The correlation between FIXP and TMB is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 27, 2026 | 0.26 |
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Return for Risk
FIXP vs. TMB — Risk / Return Rank
FIXP
TMB
FIXP vs. TMB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FolioBeyond Enhanced Fixed Income Premium ETF (FIXP) and Thornburg Multi Sector Bond ETF (TMB). 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.
| FIXP | TMB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.44 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.11 | — | — |
| Martin ratioReturn relative to average drawdown | 13.24 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FIXP | TMB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.22 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.18 | 3.18 | -2.00 |
Drawdowns
FIXP vs. TMB - Drawdown Comparison
The maximum FIXP drawdown since its inception was -3.42%, which is greater than TMB's maximum drawdown of -0.24%. Use the drawdown chart below to compare losses from any high point for FIXP and TMB.
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Drawdown Indicators
| FIXP | TMB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.42% | -0.24% | -3.18% |
Max Drawdown (1Y)Largest decline over 1 year | -2.14% | — | — |
Current DrawdownCurrent decline from peak | -0.56% | -0.24% | -0.32% |
Average DrawdownAverage peak-to-trough decline | -0.53% | -0.06% | -0.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.50% | — | — |
Volatility
FIXP vs. TMB - Volatility Comparison
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Volatility by Period
| FIXP | TMB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.93% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.48% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.02% | 2.52% | +0.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.79% | 2.52% | +1.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.79% | 2.52% | +1.27% |
FIXP vs. TMB - Expense Ratio Comparison
FIXP has a 1.01% expense ratio, which is higher than TMB's 0.55% expense ratio.
Dividends
FIXP vs. TMB - Dividend Comparison
FIXP's dividend yield for the trailing twelve months is around 5.39%, more than TMB's 0.36% yield.
| Position | TTM | 2025 |
|---|---|---|
FIXP FolioBeyond Enhanced Fixed Income Premium ETF | 5.39% | 5.27% |
TMB Thornburg Multi Sector Bond ETF | 0.36% | 0.00% |
Frequently Asked Questions
FIXP and TMB have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TMB is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TMB is cheaper with a 0.55% expense ratio, compared with 1.01% for FIXP.
FIXP has the higher dividend yield at 5.39%, compared with 0.36% for TMB.
They also come from different issuers: FolioBeyond and Thornburg. Their fees differ too: 1.01% for FIXP and 0.55% for TMB.
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