HFSP vs. BFLX
HFSP (TradersAI Large Cap Equity & Cash ETF) and BFLX (iShares Flexible Equity Active ETF) are both Long-Short funds. Both are actively managed. Their 0.04 correlation means their historical movements had little consistent relationship. HFSP charges 1.25%/yr vs 0.40%/yr for BFLX.
Performance
HFSP vs. BFLX - Performance Comparison
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Returns By Period
HFSP
- 1D
- -2.86%
- 1M
- -4.16%
- 6M
- -13.42%
- YTD
- -13.00%
- 1Y
- -26.61%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -20.56%
BFLX
- 1D
- 0.71%
- 1M
- 0.99%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $5.04M | $46.24M | $34.24M | |
| $263.78 | $441.47 | $507.97 |
HFSP vs. BFLX - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
HFSP TradersAI Large Cap Equity & Cash ETF | -7.47% |
BFLX iShares Flexible Equity Active ETF | 0.94% |
Correlation
The correlation between HFSP and BFLX is 0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 20, 2026 | 0.04 |
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Return for Risk
HFSP vs. BFLX — Risk / Return Rank
HFSP
BFLX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HFSP vs. BFLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TradersAI Large Cap Equity & Cash ETF (HFSP) and iShares Flexible Equity Active ETF (BFLX). 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.
| HFSP | BFLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.75 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.92 | — | — |
| Martin ratioReturn relative to average drawdown | -1.52 | — | — |
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Drawdowns
HFSP vs. BFLX - Drawdown Comparison
The maximum HFSP drawdown since its inception was -37.30%, which is greater than BFLX's maximum drawdown of -4.55%. Use the drawdown chart below to compare losses from any high point for HFSP and BFLX.
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Drawdown Indicators
| HFSP | BFLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.30% | -4.55% | -32.75% |
Max Drawdown (1Y)Largest decline over 1 year | -28.62% | — | — |
Current DrawdownCurrent decline from peak | -37.30% | -1.82% | -35.48% |
Average DrawdownAverage peak-to-trough decline | -18.61% | -1.66% | -16.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.31% | — | — |
Volatility
HFSP vs. BFLX - Volatility Comparison
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Volatility by Period
| HFSP | BFLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.87% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 12.41% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.81% | 14.68% | +3.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.00% | 14.68% | +9.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.00% | 14.68% | +9.32% |
HFSP vs. BFLX - Expense Ratio Comparison
HFSP has a 1.25% expense ratio, which is higher than BFLX's 0.40% expense ratio.
Dividends
HFSP vs. BFLX - Dividend Comparison
Neither HFSP nor BFLX has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BFLX iShares Flexible Equity Active ETF | 0.00% | 0.00% | 0.00% |
HFSP TradersAI Large Cap Equity & Cash ETF | 0.00% | 0.00% | 1.53% |
Frequently Asked Questions
HFSP and BFLX have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BFLX is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BFLX is cheaper with a 0.40% expense ratio, compared with 1.25% for HFSP.
HFSP and BFLX have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Tidal and iShares. Their fees differ too: 1.25% for HFSP and 0.40% for BFLX.
Find the right allocation for HFSP and BFLX
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