FTXO vs. RBIL

Last updated Aug 2, 2026

FTXO (First Trust Nasdaq Bank ETF) and RBIL (F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF) are both exchange-traded funds - FTXO is a Financials Equities fund tracking the NASDAQ US Banks Index, while RBIL is a Inflation-Protected Bonds fund tracking the Bloomberg US Ultrashort TIPS 1-13 Months Index. Both are passively managed. Over the past year, FTXO returned 31.44% vs 3.94% for RBIL. Their -0.20 correlation means they have often moved in opposite directions in the past. FTXO charges 0.60%/yr vs 0.17%/yr for RBIL.

Performance

FTXO vs. RBIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Nasdaq Bank ETF (FTXO) and F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTXO achieves a 13.13% return, which is significantly higher than RBIL's 2.70% return.

FTXO

• 1D: 0.23%
• 1M: 1.50%
• 6M: 10.69%
• YTD: 13.13%
• 1Y: 31.44%
• 3Y*: 24.65%
• 5Y*: 9.91%
• 10Y*: —
• ALL TIME*: 10.34%

RBIL

• 1D: -0.02%
• 1M: 0.26%
• 6M: 2.32%
• YTD: 2.70%
• 1Y: 3.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 3.91%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FTXO First Trust Nasdaq Bank ETF	$3.26M	$3.76M	$4.07M
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	$1.12M	$1.89M	$2.34M

FTXO vs. RBIL - Yearly Performance Comparison

	2026 (YTD)	2025
FTXO First Trust Nasdaq Bank ETF	13.13%	18.33%
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	2.70%	2.85%

Correlation

The correlation between FTXO and RBIL is -0.22, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.22
Correlation (All Time) Calculated using the full available price history since Feb 25, 2025	-0.20

Return for Risk

FTXO vs. RBIL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FTXO

FTXO Risk / Return Rank: 51
FTXO Sharpe Ratio Rank: 58
FTXO Sortino Ratio Rank: 53
FTXO Omega Ratio Rank: 56
FTXO Calmar Ratio Rank: 47
FTXO Martin Ratio Rank: 43

RBIL

RBIL Risk / Return Rank: 98
RBIL Sharpe Ratio Rank: 98
RBIL Sortino Ratio Rank: 98
RBIL Omega Ratio Rank: 98
RBIL Calmar Ratio Rank: 97
RBIL Martin Ratio Rank: 97

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FTXO vs. RBIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Bank ETF (FTXO) and F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL). 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.

	FTXO	RBIL	Difference
Sharpe ratio: Return per unit of total volatility	1.37	4.23	-2.86
Sortino ratio: Return per unit of downside risk	1.89	6.54	-4.65
Omega ratio: Gain probability vs. loss probability	1.24	2.09	-0.85
Calmar ratio: Return relative to maximum drawdown	1.71	7.24	-5.54
Martin ratio: Return relative to average drawdown	4.77	29.66	-24.88

FTXO vs. RBIL - Sharpe Ratio Comparison

The current FTXO Sharpe Ratio is 1.37, which is lower than the RBIL Sharpe Ratio of 4.23. The chart below compares the historical Sharpe Ratios of FTXO and RBIL, 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

FTXO vs. RBIL - Drawdown Comparison

The maximum FTXO drawdown since its inception was -55.26%, which is greater than RBIL's maximum drawdown of -0.56%. Use the drawdown chart below to compare losses from any high point for FTXO and RBIL.

Drawdown Indicators

	FTXO	RBIL	Difference
Max Drawdown Largest peak-to-trough decline	-55.26%	-0.56%	-54.70%
Max Drawdown (1Y) Largest decline over 1 year	-16.69%	-0.56%	-16.13%
Max Drawdown (3Y) Largest decline over 3 years	-25.84%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-46.55%	—	—
Current Drawdown Current decline from peak	-1.45%	-0.13%	-1.32%
Average Drawdown Average peak-to-trough decline	-15.64%	-0.08%	-15.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.96%	0.14%	+5.82%

Volatility

FTXO vs. RBIL - Volatility Comparison

First Trust Nasdaq Bank ETF (FTXO) has a higher volatility of 5.21% compared to F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) at 0.31%. This indicates that FTXO's price experiences larger fluctuations and is considered to be riskier than RBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTXO	RBIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.21%	0.31%	+4.90%
Volatility (6M) Calculated over the trailing 6-month period	15.50%	0.89%	+14.61%
Volatility (1Y) Calculated over the trailing 1-year period	20.87%	0.97%	+19.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.69%	1.06%	+25.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.83%	1.06%	+28.77%

FTXO vs. RBIL - Expense Ratio Comparison

FTXO has a 0.60% expense ratio, which is higher than RBIL's 0.17% expense ratio.

Dividends

FTXO vs. RBIL - Dividend Comparison

FTXO's dividend yield for the trailing twelve months is around 1.72%, less than RBIL's 4.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FTXO First Trust Nasdaq Bank ETF	1.72%	1.92%	2.18%	3.20%	2.94%	1.64%	2.74%	2.53%	3.51%	1.09%	0.16%
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	4.16%	3.65%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FTXO and RBIL in my portfolio?

FTXO and RBIL have a correlation of -0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTXO or RBIL?

FTXO has higher volatility (5.21%) compared to RBIL (0.31%). In terms of maximum drawdown, FTXO dropped -55.26% vs RBIL's -0.56%.

Which ETF is better, FTXO or RBIL?

On 1-year performance, FTXO leads with 31.44% vs 3.94% for RBIL. On fees, RBIL is cheaper at 0.17% per year. On volatility, RBIL has been the lower-risk option at 0.31%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FTXO or RBIL?

Over the 1-year period, FTXO has performed better with a 31.44% return vs 3.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FTXO or RBIL?

RBIL is cheaper with a 0.17% expense ratio, compared with 0.60% for FTXO.

Which ETF pays a higher dividend yield, FTXO or RBIL?

RBIL has the higher dividend yield at 4.16%, compared with 1.72% for FTXO.

What is the main difference between FTXO and RBIL?

FTXO is categorized as Financials Equities, while RBIL is Inflation-Protected Bonds. FTXO tracks NASDAQ US Banks Index, while RBIL tracks Bloomberg US Ultrashort TIPS 1-13 Months Index. They also come from different issuers: First Trust and F/m. Their fees differ too: 0.60% for FTXO and 0.17% for RBIL.

Which has better risk-adjusted returns?

RBIL currently has the higher Sharpe Ratio (4.23 vs 1.37), 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.