YFFI vs. PIFI

Last updated Jun 4, 2026

YFFI (Indexperts Yield Focused Fixed Income ETF) and PIFI (ClearShares Piton Intermediate Fixed Income ETF) are both Intermediate Core Bond funds. Both are actively managed. Over the past year, YFFI returned 6.20% vs 3.48% for PIFI. A 0.73 correlation means they provide meaningful diversification when combined. YFFI charges 0.50%/yr vs 0.45%/yr for PIFI.

Performance

YFFI vs. PIFI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Indexperts Yield Focused Fixed Income ETF (YFFI) and ClearShares Piton Intermediate Fixed Income ETF (PIFI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YFFI achieves a 0.19% return, which is significantly higher than PIFI's -0.13% return.

YFFI

• 1D: -0.20%
• 1M: 0.50%
• YTD: 0.19%
• 6M: 0.14%
• 1Y: 6.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PIFI

• 1D: -0.15%
• 1M: -0.05%
• YTD: -0.13%
• 6M: -0.14%
• 1Y: 3.48%
• 3Y*: 3.73%
• 5Y*: 1.02%
• 10Y*: —

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

YFFI vs. PIFI - Yearly Performance Comparison

	2026 (YTD)	2025
YFFI Indexperts Yield Focused Fixed Income ETF	0.19%	5.92%
PIFI ClearShares Piton Intermediate Fixed Income ETF	-0.13%	6.32%

Correlation

The correlation between YFFI and PIFI is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (All Time) Calculated using the full available price history since Jan 3, 2025	0.73

The correlation between YFFI and PIFI has been stable across timeframes, ranging from 0.73 to 0.81 - a consistent structural relationship.

Return for Risk

YFFI vs. PIFI — Risk / Return Rank

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

YFFI

YFFI Risk / Return Rank: 32
YFFI Sharpe Ratio Rank: 31
YFFI Sortino Ratio Rank: 30
YFFI Omega Ratio Rank: 29
YFFI Calmar Ratio Rank: 37
YFFI Martin Ratio Rank: 36

PIFI

PIFI Risk / Return Rank: 37
PIFI Sharpe Ratio Rank: 38
PIFI Sortino Ratio Rank: 41
PIFI Omega Ratio Rank: 37
PIFI Calmar Ratio Rank: 37
PIFI Martin Ratio Rank: 35

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.

YFFI vs. PIFI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Indexperts Yield Focused Fixed Income ETF (YFFI) and ClearShares Piton Intermediate Fixed Income ETF (PIFI). 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.

	YFFI	PIFI	Difference
Sharpe ratio: Return per unit of total volatility	1.08	1.34	-0.26
Sortino ratio: Return per unit of downside risk	1.60	2.03	-0.43
Omega ratio: Gain probability vs. loss probability	1.19	1.24	-0.05
Calmar ratio: Return relative to maximum drawdown	1.78	1.81	-0.03
Martin ratio: Return relative to average drawdown	5.34	5.24	+0.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

YFFI vs. PIFI - Sharpe Ratio Comparison

The current YFFI Sharpe Ratio is 1.08, which is comparable to the PIFI Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of YFFI and PIFI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	YFFI	PIFI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.08	1.34	-0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.22	+0.36

Drawdowns

YFFI vs. PIFI - Drawdown Comparison

The maximum YFFI drawdown since its inception was -4.31%, smaller than the maximum PIFI drawdown of -10.59%. Use the drawdown chart below to compare losses from any high point for YFFI and PIFI.

Drawdown Indicators

	YFFI	PIFI	Difference
Max Drawdown Largest peak-to-trough decline	-4.31%	-10.59%	+6.28%
Max Drawdown (1Y) Largest decline over 1 year	-3.50%	-1.93%	-1.57%
Max Drawdown (3Y) Largest decline over 3 years	—	-2.75%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-10.41%	—
Current Drawdown Current decline from peak	-1.70%	-1.45%	-0.25%
Average Drawdown Average peak-to-trough decline	-1.00%	-3.23%	+2.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.16%	0.66%	+0.50%

Volatility

YFFI vs. PIFI - Volatility Comparison

Indexperts Yield Focused Fixed Income ETF (YFFI) has a higher volatility of 2.05% compared to ClearShares Piton Intermediate Fixed Income ETF (PIFI) at 0.81%. This indicates that YFFI's price experiences larger fluctuations and is considered to be riskier than PIFI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YFFI	PIFI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.05%	0.81%	+1.24%
Volatility (6M) Calculated over the trailing 6-month period	4.13%	1.83%	+2.30%
Volatility (1Y) Calculated over the trailing 1-year period	5.76%	2.61%	+3.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.41%	3.66%	+3.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.41%	3.48%	+3.93%

YFFI vs. PIFI - Expense Ratio Comparison

YFFI has a 0.50% expense ratio, which is higher than PIFI's 0.45% expense ratio.

Dividends

YFFI vs. PIFI - Dividend Comparison

YFFI's dividend yield for the trailing twelve months is around 4.78%, more than PIFI's 3.76% yield.

Position	TTM	2025	2024	2023	2022	2021
PIFI ClearShares Piton Intermediate Fixed Income ETF	3.76%	3.16%	2.92%	2.29%	1.22%	0.25%
YFFI Indexperts Yield Focused Fixed Income ETF	4.78%	4.43%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both YFFI and PIFI in my portfolio?

YFFI and PIFI have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, YFFI or PIFI?

YFFI has higher volatility (2.05%) compared to PIFI (0.81%). In terms of maximum drawdown, YFFI dropped -4.31% vs PIFI's -10.59%.

Which ETF is better, YFFI or PIFI?

On 1-year performance, YFFI leads with 6.20% vs 3.48% for PIFI. On fees, PIFI is cheaper at 0.45% per year. On volatility, PIFI has been the lower-risk option at 0.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, YFFI or PIFI?

Over the 1-year period, YFFI has performed better with a 6.20% return vs 3.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, YFFI or PIFI?

PIFI is cheaper with a 0.45% expense ratio, compared with 0.50% for YFFI.

Which ETF pays a higher dividend yield, YFFI or PIFI?

YFFI has the higher dividend yield at 4.78%, compared with 3.76% for PIFI.

What is the main difference between YFFI and PIFI?

They also come from different issuers: Indexperts and ClearShares. Their fees differ too: 0.50% for YFFI and 0.45% for PIFI.

Which has better risk-adjusted returns?

PIFI currently has the higher Sharpe Ratio (1.34 vs 1.08), 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.