TBFG vs. ONOF

Last updated Apr 1, 2026

Compare and contrast key facts about The Brinsmere Fund - Growth ETF (TBFG) and Global X Adaptive U.S. Risk Management ETF (ONOF).

TBFG and ONOF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TBFG is an actively managed fund by The Brinsmere Funds. It was launched on Jan 12, 2024. ONOF is a passively managed fund by Global X that tracks the performance of the Adaptive Wealth Strategies U.S. Risk Management Index. It was launched on Jan 12, 2021.

Performance

TBFG vs. ONOF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Brinsmere Fund - Growth ETF (TBFG) and Global X Adaptive U.S. Risk Management ETF (ONOF). The values are adjusted to include any dividend payments, if applicable.

TBFG vs. ONOF - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TBFG The Brinsmere Fund - Growth ETF	-0.04%	14.56%	10.48%
ONOF Global X Adaptive U.S. Risk Management ETF	-3.68%	8.90%	19.33%

Returns By Period

In the year-to-date period, TBFG achieves a -0.04% return, which is significantly higher than ONOF's -3.68% return.

TBFG

• 1D: 2.25%
• 1M: -5.22%
• YTD: -0.04%
• 6M: 2.85%
• 1Y: 16.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ONOF

• 1D: 0.17%
• 1M: -3.82%
• YTD: -3.68%
• 6M: -1.38%
• 1Y: 13.45%
• 3Y*: 11.42%
• 5Y*: 8.09%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TBFG vs. ONOF - Expense Ratio Comparison

TBFG has a 0.42% expense ratio, which is higher than ONOF's 0.39% expense ratio.

TBFG

The Brinsmere Fund - Growth ETF

ONOF

Global X Adaptive U.S. Risk Management ETF

Return for Risk

TBFG vs. ONOF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TBFG

TBFG Risk / Return Rank: 73
TBFG Sharpe Ratio Rank: 73
TBFG Sortino Ratio Rank: 74
TBFG Omega Ratio Rank: 74
TBFG Calmar Ratio Rank: 70
TBFG Martin Ratio Rank: 75

ONOF

ONOF Risk / Return Rank: 47
ONOF Sharpe Ratio Rank: 43
ONOF Sortino Ratio Rank: 45
ONOF Omega Ratio Rank: 52
ONOF Calmar Ratio Rank: 45
ONOF Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TBFG vs. ONOF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Brinsmere Fund - Growth ETF (TBFG) and Global X Adaptive U.S. Risk Management ETF (ONOF). 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.

	TBFG	ONOF	Difference
Sharpe ratio Return per unit of total volatility	1.31	0.78	+0.53
Sortino ratio Return per unit of downside risk	1.88	1.22	+0.66
Omega ratio Gain probability vs. loss probability	1.28	1.19	+0.09
Calmar ratio Return relative to maximum drawdown	1.79	1.15	+0.64
Martin ratio Return relative to average drawdown	7.97	4.95	+3.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TBFG vs. ONOF - Sharpe Ratio Comparison

The current TBFG Sharpe Ratio is 1.31, which is higher than the ONOF Sharpe Ratio of 0.78. The chart below compares the historical Sharpe Ratios of TBFG and ONOF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TBFG	ONOF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.31	0.78	+0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.03	0.60	+0.43

Correlation

The correlation between TBFG and ONOF is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

TBFG vs. ONOF - Dividend Comparison

TBFG's dividend yield for the trailing twelve months is around 2.59%, more than ONOF's 1.43% yield.

	TTM	2025	2024	2023	2022	2021
TBFG The Brinsmere Fund - Growth ETF	2.59%	2.65%	2.43%	0.00%	0.00%	0.00%
ONOF Global X Adaptive U.S. Risk Management ETF	1.43%	1.38%	0.93%	1.37%	1.92%	0.69%

Drawdowns

TBFG vs. ONOF - Drawdown Comparison

The maximum TBFG drawdown since its inception was -13.43%, smaller than the maximum ONOF drawdown of -26.21%. Use the drawdown chart below to compare losses from any high point for TBFG and ONOF.

Drawdown Indicators

	TBFG	ONOF	Difference
Max Drawdown Largest peak-to-trough decline	-13.43%	-26.21%	+12.78%
Max Drawdown (1Y) Largest decline over 1 year	-9.19%	-12.17%	+2.98%
Max Drawdown (5Y) Largest decline over 5 years	—	-26.21%	—
Current Drawdown Current decline from peak	-5.55%	-5.44%	-0.11%
Average Drawdown Average peak-to-trough decline	-1.68%	-6.31%	+4.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	2.83%	-0.76%

Volatility

TBFG vs. ONOF - Volatility Comparison

The Brinsmere Fund - Growth ETF (TBFG) has a higher volatility of 5.03% compared to Global X Adaptive U.S. Risk Management ETF (ONOF) at 3.73%. This indicates that TBFG's price experiences larger fluctuations and is considered to be riskier than ONOF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TBFG	ONOF	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.03%	3.73%	+1.30%
Volatility (6M) Calculated over the trailing 6-month period	7.78%	8.97%	-1.19%
Volatility (1Y) Calculated over the trailing 1-year period	12.36%	17.32%	-4.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.98%	14.36%	-3.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.98%	14.45%	-3.47%