APCB vs RFCI
ActivePassive Core Bond ETF vs ALPS Dynamic Core Income ETF
Which is better, APCB or RFCI?
Nearly the same fund. APCB costs less.
APCB has a lower expense ratio. RFCI led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.98.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | APCB | RFCI |
|---|---|---|
| Expense Ratio | 0.36%Best | 0.51% |
| AUM | $989M | $13M |
| Dividend Yield | 4.44% | 4.76% |
| Holdings | 3,770 | 48 |
| YTD Return | -2.08% | -1.66%Best |
| 1Y Return | -1.94% | -1.45%Best |
| 3Y Return (annualized) | +3.95% | +4.92%Best |
| 5Y Return (annualized) | - | +1.12% |
| Volatility (annualized) | 5.2% | 4.8%Best |
| Max Drawdown | -6.4% | -5.4%Best |
| $10,000 over 3.4 years | $10,632 | $11,054Best |
| Fund Family | Envestnet Asset Management | ALPS Advisors |
| Category | Fixed Income | Fixed Income |
| Inception | May 3, 2023 | Jun 13, 2016 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: May 3, 2023 to Oct 14, 2026 (3.4 years).
APCB vs RFCI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.4 years both funds cover.
APCB vs RFCI Performance
ActivePassive Core Bond ETF (APCB) is an ETF from Envestnet Asset Management and ALPS Dynamic Core Income ETF (RFCI) is an ETF from ALPS Advisors. Over the past year APCB returned -1.94% while RFCI returned -1.45%. Year to date, APCB is down 2.08% versus a loss of 1.66% for RFCI.
Over three years, APCB compounded at +3.95% per year against +4.92% for RFCI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
APCB has been the more volatile fund, with annualized monthly volatility of 5.2% compared with 4.8% for RFCI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -6.4% for APCB and -5.4% for RFCI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
APCB charges 0.36% per year while RFCI charges 0.51%. On a $10,000 position that is $36 vs $51 annually, a gap of $15 per year that compounds over a long holding period. On income, APCB currently yields 4.44% against 4.76% for RFCI.
Holdings Overlap
We hold position weights for 1,221 holdings in APCB and 37 in RFCI, totalling 75.9% and 83.6% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 6 positions appear in both.
6 positions in common, counted across the 1,221 positions we hold weights for in APCB and 37 in RFCI, against full books of 3,770 and 48.
Top Shared Holdings
| Stock | Weight in APCB | Weight in RFCI | Difference |
|---|---|---|---|
| T 4.75 11/15/43Us Treas Bds 4.75% 11/15/43 | 0.21% | 11.02% | 10.81% |
| T 4.375 05/15/34United States Treasury Note/Bondus Treasury N/B | 1.37% | 3.85% | 2.48% |
| T 4.75 02/15/37Us Treasury N/B 02/37 4.75 | 0.06% | 3.86% | 3.80% |
| CNXC 6.85 08/02/33Concentrix Corp 6.85 08/02/2033 | 0.05% | 3.06% | 3.01% |
| T 3.625 05/15/53United States Treasury Note/Bo 3.6250% Mat 05/15/2053 | 0.05% | 2.40% | 2.35% |
| MEX 6 05/13/30Mexico (United Mexican States) (Go 6% May 13, 2030 | 0.02% | 1.03% | 1.01% |
You are not choosing between two funds in isolation.
Whichever of APCB and RFCI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, APCB or RFCI?
APCB has an expense ratio of 0.36% while RFCI charges 0.51%. APCB is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, APCB or RFCI?
Over the past year APCB returned -1.94% vs -1.45% for RFCI, so RFCI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, APCB or RFCI?
APCB has been the more volatile fund at 5.2% annualized versus 4.8% for RFCI. Worst drawdown: APCB -6.4% vs RFCI -5.4%.
Should I hold both APCB and RFCI?
APCB and RFCI have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, APCB or RFCI?
APCB yields 4.44% while RFCI yields 4.76%, so RFCI currently pays the higher dividend yield.
Is RFCI better than APCB?
APCB has a lower expense ratio. RFCI led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.98. Which one suits a particular account depends on what it is for. This is information, not a recommendation.