FLRUX vs. FLBDX

Last updated Jun 20, 2026

FLRUX (Meeder Conservative Allocation Fund) and FLBDX (Meeder Tactical Income Fund) are both mutual funds - FLRUX is a Diversified Portfolio fund managed by Meeder Funds, while FLBDX is a Nontraditional Bonds fund managed by Meeder Funds. Over the past 10 years, FLRUX returned 4.81%/yr vs 3.20%/yr for FLBDX. At a 0.42 correlation, their price movements are largely independent. FLRUX charges 1.21%/yr vs 1.11%/yr for FLBDX.

Performance

FLRUX vs. FLBDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Meeder Conservative Allocation Fund (FLRUX) and Meeder Tactical Income Fund (FLBDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLRUX achieves a 4.18% return, which is significantly higher than FLBDX's 2.28% return. Over the past 10 years, FLRUX has outperformed FLBDX with an annualized return of 4.81%, while FLBDX has yielded a comparatively lower 3.20% annualized return.

FLRUX

• 1D: 0.48%
• 1M: 1.42%
• YTD: 4.18%
• 6M: 4.20%
• 1Y: 11.30%
• 3Y*: 8.64%
• 5Y*: 3.88%
• 10Y*: 4.81%

FLBDX

• 1D: 0.21%
• 1M: 0.85%
• YTD: 2.28%
• 6M: 2.49%
• 1Y: 7.60%
• 3Y*: 7.19%
• 5Y*: 3.24%
• 10Y*: 3.20%

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

FLRUX vs. FLBDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLRUX Meeder Conservative Allocation Fund	4.18%	8.55%	6.53%	9.67%	-10.23%	4.64%	6.28%	10.25%	-2.61%	7.64%
FLBDX Meeder Tactical Income Fund	2.28%	7.28%	6.64%	7.10%	-5.71%	-2.01%	7.46%	7.24%	-1.67%	3.72%

Correlation

The correlation between FLRUX and FLBDX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (10Y) Calculated over the trailing 10-year period	0.55
Correlation (All Time) Calculated using the full available price history since Jul 18, 2011	0.42

Over the past year, FLRUX and FLBDX have become more correlated (0.83) than their long-term average of 0.42, meaning their price movements have been converging.

Return for Risk

FLRUX vs. FLBDX — Risk / Return Rank

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

FLRUX

FLRUX Risk / Return Rank: 58
FLRUX Sharpe Ratio Rank: 58
FLRUX Sortino Ratio Rank: 61
FLRUX Omega Ratio Rank: 61
FLRUX Calmar Ratio Rank: 50
FLRUX Martin Ratio Rank: 57

FLBDX

FLBDX Risk / Return Rank: 93
FLBDX Sharpe Ratio Rank: 95
FLBDX Sortino Ratio Rank: 95
FLBDX Omega Ratio Rank: 91
FLBDX Calmar Ratio Rank: 92
FLBDX Martin Ratio Rank: 93

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.

FLRUX vs. FLBDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Meeder Conservative Allocation Fund (FLRUX) and Meeder Tactical Income Fund (FLBDX). 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.

	FLRUX	FLBDX	Difference
Sharpe ratio: Return per unit of total volatility	2.04	3.07	-1.04
Sortino ratio: Return per unit of downside risk	2.94	4.71	-1.77
Omega ratio: Gain probability vs. loss probability	1.39	1.64	-0.25
Calmar ratio: Return relative to maximum drawdown	2.56	4.63	-2.07
Martin ratio: Return relative to average drawdown	10.63	18.46	-7.83

FLRUX vs. FLBDX - Sharpe Ratio Comparison

The current FLRUX Sharpe Ratio is 2.04, which is lower than the FLBDX Sharpe Ratio of 3.07. The chart below compares the historical Sharpe Ratios of FLRUX and FLBDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FLRUX vs. FLBDX - Drawdown Comparison

The maximum FLRUX drawdown since its inception was -52.36%, which is greater than FLBDX's maximum drawdown of -8.74%. Use the drawdown chart below to compare losses from any high point for FLRUX and FLBDX.

Drawdown Indicators

	FLRUX	FLBDX	Difference
Max Drawdown Largest peak-to-trough decline	-52.36%	-8.74%	-43.62%
Max Drawdown (1Y) Largest decline over 1 year	-4.44%	-1.65%	-2.79%
Max Drawdown (3Y) Largest decline over 3 years	-6.21%	-2.51%	-3.70%
Max Drawdown (5Y) Largest decline over 5 years	-16.32%	-8.16%	-8.16%
Max Drawdown (10Y) Largest decline over 10 years	-16.32%	-8.74%	-7.58%
Current Drawdown Current decline from peak	-0.12%	0.00%	-0.12%
Average Drawdown Average peak-to-trough decline	-9.71%	-1.93%	-7.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.07%	0.41%	+0.66%

Volatility

FLRUX vs. FLBDX - Volatility Comparison

Meeder Conservative Allocation Fund (FLRUX) has a higher volatility of 2.22% compared to Meeder Tactical Income Fund (FLBDX) at 0.88%. This indicates that FLRUX's price experiences larger fluctuations and is considered to be riskier than FLBDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLRUX	FLBDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.22%	0.88%	+1.34%
Volatility (6M) Calculated over the trailing 6-month period	4.61%	1.92%	+2.69%
Volatility (1Y) Calculated over the trailing 1-year period	5.57%	2.48%	+3.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.30%	2.69%	+3.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.74%	2.94%	+3.80%

FLRUX vs. FLBDX - Expense Ratio Comparison

FLRUX has a 1.21% expense ratio, which is higher than FLBDX's 1.11% expense ratio.

Dividends

FLRUX vs. FLBDX - Dividend Comparison

FLRUX's dividend yield for the trailing twelve months is around 3.57%, less than FLBDX's 4.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLBDX Meeder Tactical Income Fund	4.57%	4.67%	4.35%	3.57%	1.68%	1.56%	1.81%	2.32%	2.03%	2.70%	2.90%	2.78%
FLRUX Meeder Conservative Allocation Fund	3.57%	3.69%	2.72%	2.78%	1.77%	5.82%	1.48%	2.14%	3.67%	1.81%	2.07%	38.78%

Frequently Asked Questions

Can I hold both FLRUX and FLBDX in my portfolio?

FLRUX and FLBDX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLRUX or FLBDX?

FLRUX has higher volatility (2.22%) compared to FLBDX (0.88%). In terms of maximum drawdown, FLRUX dropped -52.36% vs FLBDX's -8.74%.

Which has better risk-adjusted returns?

FLBDX currently has the higher Sharpe Ratio (3.07 vs 2.04), 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.