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. At a correlation of -0.19, they often move in opposite directions. HFSP charges 1.25%/yr vs 0.40%/yr for BFLX.
Performance
HFSP vs. BFLX - Performance Comparison
Loading charts...
Returns By Period
HFSP
- 1D
- 0.22%
- 1M
- -2.83%
- 6M
- -13.71%
- YTD
- -9.94%
- 1Y
- -22.75%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BFLX
- 1D
- -1.12%
- 1M
- -0.58%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HFSP vs. BFLX - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
HFSP TradersAI Large Cap Equity & Cash ETF | -4.22% |
BFLX iShares Flexible Equity Active ETF | 0.28% |
Correlation
The correlation between HFSP and BFLX is -0.19, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 20, 2026 | -0.19 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 | 0.78 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.86 | — | — |
| Martin ratioReturn relative to average drawdown | -1.41 | — | — |
Loading charts...
Drawdowns
HFSP vs. BFLX - Drawdown Comparison
The maximum HFSP drawdown since its inception was -35.57%, which is greater than BFLX's maximum drawdown of -3.85%. Use the drawdown chart below to compare losses from any high point for HFSP and BFLX.
Loading charts...
Drawdown Indicators
| HFSP | BFLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.57% | -3.85% | -31.72% |
Max Drawdown (1Y)Largest decline over 1 year | -26.66% | — | — |
Current DrawdownCurrent decline from peak | -35.10% | -2.47% | -32.63% |
Average DrawdownAverage peak-to-trough decline | -18.06% | -1.32% | -16.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.15% | — | — |
Volatility
HFSP vs. BFLX - Volatility Comparison
Loading charts...
Volatility by Period
| HFSP | BFLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.41% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 12.89% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.53% | 14.58% | +2.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.15% | 14.58% | +9.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.15% | 14.58% | +9.57% |
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 -0.19, 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: TradersAI and iShares. Their fees differ too: 1.25% for HFSP and 0.40% for BFLX.
Find the right allocation for HFSP and BFLX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer