XSEP vs. TBIL
Compare and contrast key facts about FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - September (XSEP) and US Treasury 3 Month Bill ETF (TBIL).
XSEP and TBIL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XSEP is an actively managed fund by FT Vest. It was launched on Sep 20, 2022. TBIL is a passively managed fund by US Benchmark Series that tracks the performance of the ICE BofA US Treasury Bill 3 Month Index. It was launched on Aug 8, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XSEP or TBIL.
Key characteristics
| XSEP | TBIL | |
|---|---|---|
| YTD Return | 6.50% | 3.98% |
| 1Y Return | 11.07% | 5.56% |
| Sharpe Ratio | 2.65 | 15.42 |
| Daily Std Dev | 4.08% | 0.36% |
| Max Drawdown | -3.48% | -0.10% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between XSEP and TBIL is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
XSEP vs. TBIL - Performance Comparison
In the year-to-date period, XSEP achieves a 6.50% return, which is significantly higher than TBIL's 3.98% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XSEP vs. TBIL - Expense Ratio Comparison
XSEP has a 0.85% expense ratio, which is higher than TBIL's 0.15% expense ratio.
Risk-Adjusted Performance
XSEP vs. TBIL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - September (XSEP) and US Treasury 3 Month Bill ETF (TBIL). 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.
Dividends
XSEP vs. TBIL - Dividend Comparison
XSEP has not paid dividends to shareholders, while TBIL's dividend yield for the trailing twelve months is around 5.48%.
| TTM | 2023 | 2022 | |
|---|---|---|---|
XSEP FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - September | 0.00% | 0.00% | 0.00% |
TBIL US Treasury 3 Month Bill ETF | 5.48% | 5.00% | 1.10% |
Drawdowns
XSEP vs. TBIL - Drawdown Comparison
The maximum XSEP drawdown since its inception was -3.48%, which is greater than TBIL's maximum drawdown of -0.10%. Use the drawdown chart below to compare losses from any high point for XSEP and TBIL. For additional features, visit the drawdowns tool.
Volatility
XSEP vs. TBIL - Volatility Comparison
FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - September (XSEP) has a higher volatility of 0.27% compared to US Treasury 3 Month Bill ETF (TBIL) at 0.07%. This indicates that XSEP's price experiences larger fluctuations and is considered to be riskier than TBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.