FONPX vs. FOBAX
Compare and contrast key facts about Tributary Nebraska Tax-Free Fund (FONPX) and Tributary Balanced Fund (FOBAX).
FONPX is managed by Tributary Funds. It was launched on Dec 30, 2015. FOBAX is managed by Tributary Funds. It was launched on Aug 5, 1996.
Performance
FONPX vs. FOBAX - Performance Comparison
Loading graphics...
FONPX vs. FOBAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FONPX Tributary Nebraska Tax-Free Fund | -0.75% | 5.26% | 0.63% | 4.76% | -6.17% | 0.01% | 4.68% | 5.69% | 1.29% | 3.60% |
FOBAX Tributary Balanced Fund | -4.23% | 10.30% | 14.28% | 17.11% | -15.11% | 16.27% | 12.64% | 21.41% | -2.11% | 13.92% |
Returns By Period
In the year-to-date period, FONPX achieves a -0.75% return, which is significantly higher than FOBAX's -4.23% return. Over the past 10 years, FONPX has underperformed FOBAX with an annualized return of 1.65%, while FOBAX has yielded a comparatively higher 8.13% annualized return.
FONPX
- 1D
- 0.11%
- 1M
- -2.44%
- YTD
- -0.75%
- 6M
- 0.66%
- 1Y
- 4.20%
- 3Y*
- 2.48%
- 5Y*
- 0.85%
- 10Y*
- 1.65%
FOBAX
- 1D
- 0.05%
- 1M
- -5.36%
- YTD
- -4.23%
- 6M
- -3.15%
- 1Y
- 8.11%
- 3Y*
- 10.12%
- 5Y*
- 6.29%
- 10Y*
- 8.13%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FONPX vs. FOBAX - Expense Ratio Comparison
FONPX has a 0.45% expense ratio, which is lower than FOBAX's 0.96% expense ratio.
Return for Risk
FONPX vs. FOBAX — Risk / Return Rank
FONPX
FOBAX
FONPX vs. FOBAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tributary Nebraska Tax-Free Fund (FONPX) and Tributary Balanced Fund (FOBAX). 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.
| FONPX | FOBAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.29 | 0.82 | +0.47 |
Sortino ratioReturn per unit of downside risk | 1.70 | 1.23 | +0.47 |
Omega ratioGain probability vs. loss probability | 1.36 | 1.18 | +0.18 |
Calmar ratioReturn relative to maximum drawdown | 1.32 | 0.99 | +0.32 |
Martin ratioReturn relative to average drawdown | 5.16 | 4.47 | +0.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FONPX | FOBAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.29 | 0.82 | +0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | 0.60 | -0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.75 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.71 | -0.17 |
Correlation
The correlation between FONPX and FOBAX is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
FONPX vs. FOBAX - Dividend Comparison
FONPX's dividend yield for the trailing twelve months is around 2.36%, less than FOBAX's 10.29% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FONPX Tributary Nebraska Tax-Free Fund | 2.36% | 2.47% | 2.39% | 2.39% | 1.81% | 1.84% | 1.92% | 2.69% | 3.36% | 3.55% | 3.10% | 0.00% |
FOBAX Tributary Balanced Fund | 10.29% | 9.82% | 5.32% | 5.36% | 5.59% | 8.10% | 5.80% | 4.43% | 7.55% | 8.29% | 6.73% | 0.22% |
Drawdowns
FONPX vs. FOBAX - Drawdown Comparison
The maximum FONPX drawdown since its inception was -10.92%, smaller than the maximum FOBAX drawdown of -40.00%. Use the drawdown chart below to compare losses from any high point for FONPX and FOBAX.
Loading graphics...
Drawdown Indicators
| FONPX | FOBAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.92% | -40.00% | +29.08% |
Max Drawdown (1Y)Largest decline over 1 year | -3.71% | -7.46% | +3.75% |
Max Drawdown (5Y)Largest decline over 5 years | -10.92% | -19.88% | +8.96% |
Max Drawdown (10Y)Largest decline over 10 years | -10.92% | -22.37% | +11.45% |
Current DrawdownCurrent decline from peak | -2.44% | -5.92% | +3.48% |
Average DrawdownAverage peak-to-trough decline | -1.93% | -3.83% | +1.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 1.66% | -0.71% |
Volatility
FONPX vs. FOBAX - Volatility Comparison
The current volatility for Tributary Nebraska Tax-Free Fund (FONPX) is 0.91%, while Tributary Balanced Fund (FOBAX) has a volatility of 2.87%. This indicates that FONPX experiences smaller price fluctuations and is considered to be less risky than FOBAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FONPX | FOBAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.91% | 2.87% | -1.96% |
Volatility (6M)Calculated over the trailing 6-month period | 1.43% | 5.53% | -4.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.63% | 10.41% | -6.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.20% | 10.45% | -7.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.28% | 10.94% | -7.66% |