MOOD vs. BOXA

Last updated Aug 4, 2026

MOOD (Relative Sentiment Tactical Allocation ETF) and BOXA (Alpha Architect Aggregate Bond ETF) are both exchange-traded funds - MOOD is a Tactical Allocation fund actively managed by Alpha Architect, while BOXA is a Intermediate Core Bond fund actively managed by Alpha Architect. Both are actively managed. Over the past year, MOOD returned 32.49% vs 1.11% for BOXA. Their 0.31 correlation means their historical movements had little consistent relationship. MOOD charges 0.73%/yr vs 0.23%/yr for BOXA.

Performance

MOOD vs. BOXA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Relative Sentiment Tactical Allocation ETF (MOOD) and Alpha Architect Aggregate Bond ETF (BOXA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MOOD achieves a 13.59% return, which is significantly higher than BOXA's -0.69% return.

MOOD

• 1D: 0.28%
• 1M: 0.16%
• 6M: 7.23%
• YTD: 13.59%
• 1Y: 32.49%
• 3Y*: 19.85%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 15.20%

BOXA

• 1D: -0.08%
• 1M: -0.89%
• 6M: -0.89%
• YTD: -0.69%
• 1Y: 1.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 2.87%

*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)
BOXA Alpha Architect Aggregate Bond ETF	$140.24K	$102.54K	$88.25K
MOOD Relative Sentiment Tactical Allocation ETF	$508.55K	$604.31K	$738.84K

MOOD vs. BOXA - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MOOD Relative Sentiment Tactical Allocation ETF	13.59%	30.39%	-1.73%
BOXA Alpha Architect Aggregate Bond ETF	-0.69%	5.41%	0.02%

Correlation

The correlation between MOOD and BOXA is 0.35, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.35
Correlation (All Time) Calculated using the full available price history since Dec 18, 2024	0.31

Return for Risk

MOOD vs. BOXA — Risk / Return Rank

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

MOOD

MOOD Risk / Return Rank: 85
MOOD Sharpe Ratio Rank: 89
MOOD Sortino Ratio Rank: 80
MOOD Omega Ratio Rank: 91
MOOD Calmar Ratio Rank: 86
MOOD Martin Ratio Rank: 78

BOXA

BOXA Risk / Return Rank: 16
BOXA Sharpe Ratio Rank: 18
BOXA Sortino Ratio Rank: 15
BOXA Omega Ratio Rank: 15
BOXA Calmar Ratio Rank: 17
BOXA Martin Ratio Rank: 17

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.

MOOD vs. BOXA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Relative Sentiment Tactical Allocation ETF (MOOD) and Alpha Architect Aggregate Bond ETF (BOXA). 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.

	MOOD	BOXA	Difference
Sharpe ratio: Return per unit of total volatility	2.23	0.31	+1.92
Sortino ratio: Return per unit of downside risk	2.66	0.45	+2.21
Omega ratio: Gain probability vs. loss probability	1.44	1.05	+0.38
Calmar ratio: Return relative to maximum drawdown	3.36	0.35	+3.02
Martin ratio: Return relative to average drawdown	10.17	0.85	+9.32

MOOD vs. BOXA - Sharpe Ratio Comparison

The current MOOD Sharpe Ratio is 2.23, which is higher than the BOXA Sharpe Ratio of 0.31. The chart below compares the historical Sharpe Ratios of MOOD and BOXA, 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

MOOD vs. BOXA - Drawdown Comparison

The maximum MOOD drawdown since its inception was -14.34%, which is greater than BOXA's maximum drawdown of -3.22%. Use the drawdown chart below to compare losses from any high point for MOOD and BOXA.

Drawdown Indicators

	MOOD	BOXA	Difference
Max Drawdown Largest peak-to-trough decline	-14.34%	-3.22%	-11.12%
Max Drawdown (1Y) Largest decline over 1 year	-9.71%	-3.22%	-6.49%
Max Drawdown (3Y) Largest decline over 3 years	-9.71%	—	—
Current Drawdown Current decline from peak	-1.81%	-2.54%	+0.73%
Average Drawdown Average peak-to-trough decline	-2.30%	-0.87%	-1.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.20%	1.31%	+1.89%

Volatility

MOOD vs. BOXA - Volatility Comparison

Relative Sentiment Tactical Allocation ETF (MOOD) has a higher volatility of 2.46% compared to Alpha Architect Aggregate Bond ETF (BOXA) at 1.17%. This indicates that MOOD's price experiences larger fluctuations and is considered to be riskier than BOXA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MOOD	BOXA	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.46%	1.17%	+1.29%
Volatility (6M) Calculated over the trailing 6-month period	9.80%	2.91%	+6.89%
Volatility (1Y) Calculated over the trailing 1-year period	14.69%	3.61%	+11.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.08%	4.12%	+7.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.08%	4.12%	+7.96%

MOOD vs. BOXA - Expense Ratio Comparison

MOOD has a 0.73% expense ratio, which is higher than BOXA's 0.23% expense ratio.

Dividends

MOOD vs. BOXA - Dividend Comparison

MOOD's dividend yield for the trailing twelve months is around 0.35%, more than BOXA's 0.13% yield.

Position	TTM	2025	2024	2023	2022
BOXA Alpha Architect Aggregate Bond ETF	0.13%	0.13%	0.00%	0.00%	0.00%
MOOD Relative Sentiment Tactical Allocation ETF	0.35%	0.40%	1.33%	1.34%	1.43%

Frequently Asked Questions

Can I hold both MOOD and BOXA in my portfolio?

MOOD and BOXA have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MOOD or BOXA?

MOOD has higher volatility (2.46%) compared to BOXA (1.17%). In terms of maximum drawdown, MOOD dropped -14.34% vs BOXA's -3.22%.

Which ETF is better, MOOD or BOXA?

On 1-year performance, MOOD leads with 32.49% vs 1.11% for BOXA. On fees, BOXA is cheaper at 0.23% per year. On volatility, BOXA has been the lower-risk option at 1.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MOOD or BOXA?

Over the 1-year period, MOOD has performed better with a 32.49% return vs 1.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MOOD or BOXA?

BOXA is cheaper with a 0.23% expense ratio, compared with 0.73% for MOOD.

Which ETF pays a higher dividend yield, MOOD or BOXA?

MOOD has the higher dividend yield at 0.35%, compared with 0.13% for BOXA.

What is the main difference between MOOD and BOXA?

MOOD is categorized as Tactical Allocation, while BOXA is Intermediate Core Bond. Their fees differ too: 0.73% for MOOD and 0.23% for BOXA.

Which has better risk-adjusted returns?

MOOD currently has the higher Sharpe Ratio (2.23 vs 0.31), 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.