APCB vs TOTR
ActivePassive Core Bond ETF vs T. Rowe Price Total Return ETF
Which is better, APCB or TOTR?
Nearly the same fund. TOTR costs less.
TOTR has a lower expense ratio. TOTR 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 | TOTR |
|---|---|---|
| Expense Ratio | 0.36% | 0.31%Best |
| AUM | $989M | $566M |
| Dividend Yield | 4.44% | 5.48% |
| Holdings | 3,770 | 1,222 |
| YTD Return | -2.08%Best | -2.17% |
| 1Y Return | -1.94% | -1.73%Best |
| 3Y Return (annualized) | +3.95% | +5.04%Best |
| 5Y Return (annualized) | - | -0.85% |
| Volatility (annualized) | 5.2%Best | 5.6% |
| Max Drawdown | -6.4%Best | -7.9% |
| $10,000 over 3.4 years | $10,632 | $10,822Best |
| Fund Family | Envestnet Asset Management | T.Rowe Price |
| 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 TOTR 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 TOTR Performance
ActivePassive Core Bond ETF (APCB) is an ETF from Envestnet Asset Management and T. Rowe Price Total Return ETF (TOTR) is an ETF from T.Rowe Price. Over the past year APCB returned -1.94% while TOTR returned -1.73%. Year to date, APCB is down 2.08% versus a loss of 2.17% for TOTR.
Over three years, APCB compounded at +3.95% per year against +5.04% for TOTR.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TOTR has been the more volatile fund, with annualized monthly volatility of 5.6% 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 -7.9% for TOTR. 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 TOTR charges 0.31%. On a $10,000 position that is $36 vs $31 annually, a gap of $5 per year that compounds over a long holding period. On income, APCB currently yields 4.44% against 5.48% for TOTR.
Holdings Overlap
We hold position weights for 1,221 holdings in APCB and 522 in TOTR, totalling 75.9% and 55.1% 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, 63 positions appear in both.
63 positions in common, counted across the 1,221 positions we hold weights for in APCB and 522 in TOTR, against full books of 3,770 and 1,222.
Top Shared Holdings
| Stock | Weight in APCB | Weight in TOTR | Difference |
|---|---|---|---|
| T 4.125 08/15/44United States Treasury Bond 0.04% Aug 15/44 | 0.16% | 2.66% | 2.50% |
| T 4.375 01/31/32Treasury Note (Otr) 4.38% Jan 31, 2032 | 0.16% | 1.88% | 1.72% |
| T 4.25 08/15/54Treasury Bond (Otr) 4.25% Aug 15, 2054 | 0.08% | 1.80% | 1.72% |
| T 4.125 02/29/32Treasury Note (Otr) 4.13% Feb 29, 2032 | 0.02% | 1.85% | 1.83% |
| T 4.625 02/15/55Us Treasury N/B 4.63 2055-02-15 | 0.17% | 1.60% | 1.43% |
| T 3.75 08/31/31United States Treasury Note/Bond - When Issued 3.75% 31Aug2031 | 0.43% | 0.75% | 0.32% |
| T 4.25 02/15/54U.S. Treasury Bonds 2054-02-15 | 0.07% | 0.76% | 0.69% |
| T 4.25 11/15/34Us Treas Nts 4.25% 11/15/34 | 0.27% | 0.55% | 0.28% |
| T 4.625 05/15/54U.S. Treasury Bond 4.625 05/15/2054 | 0.12% | 0.59% | 0.47% |
| T 4.125 07/31/31United States Treasury Note/Bond 4.125% 07/31/2031 | 0.05% | 0.56% | 0.51% |
You are not choosing between two funds in isolation.
Whichever of APCB and TOTR 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 TOTR?
APCB has an expense ratio of 0.36% while TOTR charges 0.31%. TOTR is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, APCB or TOTR?
Over the past year APCB returned -1.94% vs -1.73% for TOTR, so TOTR leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, APCB or TOTR?
TOTR has been the more volatile fund at 5.6% annualized versus 5.2% for APCB. Worst drawdown: APCB -6.4% vs TOTR -7.9%.
Should I hold both APCB and TOTR?
APCB and TOTR 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 TOTR?
APCB yields 4.44% while TOTR yields 5.48%, so TOTR currently pays the higher dividend yield.
Is TOTR better than APCB?
TOTR has a lower expense ratio. TOTR 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.