APCB vs SSFI
ActivePassive Core Bond ETF vs Day Hagan Smart Sector Fixed Income ETF
Which is better, APCB or SSFI?
Nearly the same fund. APCB costs less.
APCB has a lower expense ratio. APCB 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 | SSFI |
|---|---|---|
| Expense Ratio | 0.36%Best | 0.75% |
| AUM | $989M | $29M |
| Dividend Yield | 4.44% | 3.96% |
| Holdings | 3,770 | 17 |
| YTD Return | -2.08%Best | -2.59% |
| 1Y Return | -1.94%Best | -2.62% |
| 3Y Return (annualized) | +3.95%Best | +3.70% |
| 5Y Return (annualized) | - | -0.86% |
| Volatility (annualized) | 5.2%Best | 5.3% |
| Max Drawdown | -6.4%Best | -6.7% |
| $10,000 over 3.4 years | $10,632Best | $10,572 |
| Fund Family | Envestnet Asset Management | Day Hagan Funds |
| Category | Fixed Income | Fixed Income |
| Inception | May 3, 2023 | Sep 28, 2021 |
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 SSFI 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 SSFI Performance
ActivePassive Core Bond ETF (APCB) is an ETF from Envestnet Asset Management and Day Hagan Smart Sector Fixed Income ETF (SSFI) is an ETF from Day Hagan Funds. Over the past year APCB returned -1.94% while SSFI returned -2.62%. Year to date, APCB is down 2.08% versus a loss of 2.59% for SSFI.
Over three years, APCB compounded at +3.95% per year against +3.70% for SSFI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SSFI has been the more volatile fund, with annualized monthly volatility of 5.3% compared with 5.2% for APCB. 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 -6.7% for SSFI. 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 SSFI charges 0.75%. On a $10,000 position that is $36 vs $75 annually, a gap of $39 per year that compounds over a long holding period. On income, APCB currently yields 4.44% against 3.96% for SSFI.
Holdings Overlap
At least 4.1% of SSFI's money is in holdings APCB also owns.
Stated as a floor: for APCB, our book for it covers 75.9% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SSFI and APCB share little of their money.
1 positions in common, counted across the 1,221 positions we hold weights for in APCB and 9 in SSFI, against full books of 3,770 and 17.
Top Shared Holdings
| Stock | Weight in APCB | Weight in SSFI | Difference |
|---|---|---|---|
| BNDXVanguard Total International Bond ETF | 9.85% | 4.11% | 5.74% |
You are not choosing between two funds in isolation.
Whichever of APCB and SSFI 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 SSFI?
APCB has an expense ratio of 0.36% while SSFI charges 0.75%. APCB is the cheaper option, by $39 a year on a $10,000 investment.
Which performed better, APCB or SSFI?
Over the past year APCB returned -1.94% vs -2.62% for SSFI, so APCB leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, APCB or SSFI?
SSFI has been the more volatile fund at 5.3% annualized versus 5.2% for APCB. Worst drawdown: APCB -6.4% vs SSFI -6.7%.
Should I hold both APCB and SSFI?
APCB and SSFI 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.
What is the holdings overlap between APCB and SSFI?
At least 4.1% of SSFI's money is in holdings APCB also owns. Our book for APCB is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 1,221 positions we hold weights for in APCB and 9 in SSFI.
Which pays a higher dividend, APCB or SSFI?
APCB yields 4.44% while SSFI yields 3.96%, so APCB currently pays the higher dividend yield.
Is SSFI better than APCB?
APCB has a lower expense ratio. APCB 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.