TABD vs. FLXR

Last updated Jul 30, 2026

TABD (Transamerica Bond Active ETF) and FLXR (TCW Flexible Income ETF) are both exchange-traded funds - TABD is a Actively Managed fund actively managed by Transamerica, while FLXR is a Multisector Bonds fund actively managed by TCW. Both are actively managed. Their correlation of 0.84 means they have usually moved in the same direction. TABD charges 0.39%/yr vs 0.40%/yr for FLXR.

Performance

TABD vs. FLXR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Transamerica Bond Active ETF (TABD) and TCW Flexible Income ETF (FLXR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TABD achieves a 0.12% return, which is significantly lower than FLXR's 1.33% return.

TABD

• 1D: -0.33%
• 1M: -1.41%
• 6M: -0.23%
• YTD: 0.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

FLXR

• 1D: -0.05%
• 1M: -0.41%
• 6M: 0.97%
• YTD: 1.33%
• 1Y: 4.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.75%

*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)
FLXR TCW Flexible Income ETF	$13.36M	$16.28M	$17.08M
TABD Transamerica Bond Active ETF	$3.48K	$4.17K	$17.31K

TABD vs. FLXR - Yearly Performance Comparison

	2026 (YTD)	2025
TABD Transamerica Bond Active ETF	0.12%	0.35%
FLXR TCW Flexible Income ETF	1.33%	0.46%

Correlation

The correlation between TABD and FLXR is 0.84, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 16, 2025	0.84

Return for Risk

TABD vs. FLXR — Risk / Return Rank

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

TABD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

FLXR

FLXR Risk / Return Rank: 83
FLXR Sharpe Ratio Rank: 82
FLXR Sortino Ratio Rank: 84
FLXR Omega Ratio Rank: 82
FLXR Calmar Ratio Rank: 82
FLXR Martin Ratio Rank: 86

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.

TABD vs. FLXR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Transamerica Bond Active ETF (TABD) and TCW Flexible Income ETF (FLXR). 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.

	TABD	FLXR	Difference
Sharpe ratio: Return per unit of total volatility	—	1.90	—
Sortino ratio: Return per unit of downside risk	—	2.76	—
Omega ratio: Gain probability vs. loss probability	—	1.35	—
Calmar ratio: Return relative to maximum drawdown	—	3.03	—
Martin ratio: Return relative to average drawdown	—	12.42	—

Drawdowns

TABD vs. FLXR - Drawdown Comparison

The maximum TABD drawdown since its inception was -3.01%, which is greater than FLXR's maximum drawdown of -1.94%. Use the drawdown chart below to compare losses from any high point for TABD and FLXR.

Drawdown Indicators

	TABD	FLXR	Difference
Max Drawdown Largest peak-to-trough decline	-3.01%	-1.94%	-1.07%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.46%	—
Current Drawdown Current decline from peak	-1.95%	-0.43%	-1.52%
Average Drawdown Average peak-to-trough decline	-1.06%	-0.35%	-0.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.36%	—

Volatility

Volatility by Period

	TABD	FLXR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.66%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.84%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.83%	2.35%	+1.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.83%	2.79%	+1.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.83%	2.79%	+1.04%

TABD vs. FLXR - Expense Ratio Comparison

TABD has a 0.39% expense ratio, which is lower than FLXR's 0.40% expense ratio.

Dividends

TABD vs. FLXR - Dividend Comparison

TABD's dividend yield for the trailing twelve months is around 2.56%, less than FLXR's 5.91% yield.

Position	TTM	2025	2024
FLXR TCW Flexible Income ETF	5.91%	5.66%	3.44%
TABD Transamerica Bond Active ETF	2.56%	0.15%	0.00%

Frequently Asked Questions

Can I hold both TABD and FLXR in my portfolio?

TABD and FLXR have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TABD or FLXR?

On fees, TABD is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TABD or FLXR?

TABD is cheaper with a 0.39% expense ratio, compared with 0.40% for FLXR.

Which ETF pays a higher dividend yield, TABD or FLXR?

FLXR has the higher dividend yield at 5.91%, compared with 2.56% for TABD.

What is the main difference between TABD and FLXR?

TABD is categorized as Actively Managed, while FLXR is Multisector Bonds. They also come from different issuers: Transamerica and TCW. Their fees differ too: 0.39% for TABD and 0.40% for FLXR.