RCGE vs. BOXX

Last updated Aug 1, 2026

RCGE (RockCreek Global Equality ETF) and BOXX (Alpha Architect 1-3 Month Box ETF) are both exchange-traded funds - RCGE is a Global Equities fund actively managed by Alpha Architect, while BOXX is a Ultrashort Bond fund tracking the Solactive 1-3 Month US T-Bill Index. RCGE is actively managed, while BOXX is passively managed. Over the past year, RCGE returned 18.47% vs 4.08% for BOXX. Their 0.04 correlation means their historical movements had little consistent relationship. RCGE charges 0.95%/yr vs 0.19%/yr for BOXX.

Performance

RCGE vs. BOXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RockCreek Global Equality ETF (RCGE) and Alpha Architect 1-3 Month Box ETF (BOXX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RCGE achieves a 9.52% return, which is significantly higher than BOXX's 2.26% return.

RCGE

• 1D: -0.72%
• 1M: 2.70%
• 6M: 7.02%
• YTD: 9.52%
• 1Y: 18.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.42%

BOXX

• 1D: 0.06%
• 1M: 0.41%
• 6M: 1.95%
• YTD: 2.26%
• 1Y: 4.08%
• 3Y*: 4.73%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 4.71%

*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)
BOXX Alpha Architect 1-3 Month Box ETF	$253.32M	$264.36M	$274.97M
RCGE RockCreek Global Equality ETF	$848.09	$796.67	$990.58

RCGE vs. BOXX - Yearly Performance Comparison

	2026 (YTD)	2025
RCGE RockCreek Global Equality ETF	9.52%	13.33%
BOXX Alpha Architect 1-3 Month Box ETF	2.26%	3.64%

Correlation

The correlation between RCGE and BOXX is 0.00, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.00
Correlation (All Time) Calculated using the full available price history since Feb 27, 2025	0.04

Return for Risk

RCGE vs. BOXX — Risk / Return Rank

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

RCGE

RCGE Risk / Return Rank: 60
RCGE Sharpe Ratio Rank: 63
RCGE Sortino Ratio Rank: 65
RCGE Omega Ratio Rank: 63
RCGE Calmar Ratio Rank: 54
RCGE Martin Ratio Rank: 57

BOXX

BOXX Risk / Return Rank: 100
BOXX Sharpe Ratio Rank: 100
BOXX Sortino Ratio Rank: 100
BOXX Omega Ratio Rank: 100
BOXX Calmar Ratio Rank: 100
BOXX Martin Ratio Rank: 100

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.

RCGE vs. BOXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RockCreek Global Equality ETF (RCGE) and Alpha Architect 1-3 Month Box ETF (BOXX). 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.

	RCGE	BOXX	Difference
Sharpe ratio: Return per unit of total volatility	1.49	12.44	-10.95
Sortino ratio: Return per unit of downside risk	2.19	36.42	-34.23
Omega ratio: Gain probability vs. loss probability	1.27	8.74	-7.46
Calmar ratio: Return relative to maximum drawdown	1.97	60.17	-58.19
Martin ratio: Return relative to average drawdown	6.92	505.74	-498.82

RCGE vs. BOXX - Sharpe Ratio Comparison

The current RCGE Sharpe Ratio is 1.49, which is lower than the BOXX Sharpe Ratio of 12.44. The chart below compares the historical Sharpe Ratios of RCGE and BOXX, 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

RCGE vs. BOXX - Drawdown Comparison

The maximum RCGE drawdown since its inception was -13.32%, which is greater than BOXX's maximum drawdown of -0.12%. Use the drawdown chart below to compare losses from any high point for RCGE and BOXX.

Drawdown Indicators

	RCGE	BOXX	Difference
Max Drawdown Largest peak-to-trough decline	-13.32%	-0.12%	-13.20%
Max Drawdown (1Y) Largest decline over 1 year	-9.33%	-0.07%	-9.26%
Max Drawdown (3Y) Largest decline over 3 years	—	-0.12%	—
Current Drawdown Current decline from peak	-0.72%	0.00%	-0.72%
Average Drawdown Average peak-to-trough decline	-1.88%	0.00%	-1.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.66%	0.01%	+2.65%

Volatility

RCGE vs. BOXX - Volatility Comparison

RockCreek Global Equality ETF (RCGE) has a higher volatility of 3.88% compared to Alpha Architect 1-3 Month Box ETF (BOXX) at 0.09%. This indicates that RCGE's price experiences larger fluctuations and is considered to be riskier than BOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RCGE	BOXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.88%	0.09%	+3.79%
Volatility (6M) Calculated over the trailing 6-month period	10.28%	0.27%	+10.01%
Volatility (1Y) Calculated over the trailing 1-year period	12.37%	0.33%	+12.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.17%	0.37%	+14.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.17%	0.37%	+14.80%

RCGE vs. BOXX - Expense Ratio Comparison

RCGE has a 0.95% expense ratio, which is higher than BOXX's 0.19% expense ratio.

Dividends

RCGE vs. BOXX - Dividend Comparison

RCGE's dividend yield for the trailing twelve months is around 1.66%, while BOXX has not paid dividends to shareholders.

Position	TTM	2025	2024
BOXX Alpha Architect 1-3 Month Box ETF	0.00%	0.00%	0.26%
RCGE RockCreek Global Equality ETF	1.66%	1.81%	0.00%

Frequently Asked Questions

Can I hold both RCGE and BOXX in my portfolio?

RCGE and BOXX have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RCGE or BOXX?

RCGE has higher volatility (3.88%) compared to BOXX (0.09%). In terms of maximum drawdown, RCGE dropped -13.32% vs BOXX's -0.12%.

Which ETF is better, RCGE or BOXX?

On 1-year performance, RCGE leads with 18.47% vs 4.08% for BOXX. On fees, BOXX is cheaper at 0.19% per year. On volatility, BOXX has been the lower-risk option at 0.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RCGE or BOXX?

Over the 1-year period, RCGE has performed better with a 18.47% return vs 4.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RCGE or BOXX?

BOXX is cheaper with a 0.19% expense ratio, compared with 0.95% for RCGE.

Which ETF pays a higher dividend yield, RCGE or BOXX?

RCGE has the higher dividend yield at 1.66%, compared with 0.00% for BOXX.

What is the main difference between RCGE and BOXX?

RCGE is categorized as Global Equities, while BOXX is Ultrashort Bond. Their fees differ too: 0.95% for RCGE and 0.19% for BOXX.

Which has better risk-adjusted returns?

BOXX currently has the higher Sharpe Ratio (12.44 vs 1.49), 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.