BFIX vs CAAA
Build Bond Innovation ETF vs First Trust AAA CMBS ETF
Which is better, BFIX or CAAA?
BFIX has been ahead.
CAAA has a lower expense ratio. BFIX led over 1Y and the full window.
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 | BFIX | CAAA |
|---|---|---|
| Expense Ratio | 0.45% | 0.30%Best |
| AUM | $12M | $35M |
| Dividend Yield | 3.93% | 4.94% |
| Holdings | 226 | 235 |
| YTD Return | +0.12%Best | -0.25% |
| 1Y Return | +0.43%Best | +0.08% |
| 3Y Return (annualized) | +7.37% | - |
| Volatility (annualized) | 3.2%Tie | 3.2%Tie |
| Max Drawdown | -4.0% | -2.3%Best |
| $10,000 over 2.6 years | $11,877Best | $11,212 |
| Fund Family | BUILD FUNDS TRUST | First Trust Portfolios (US) |
| Category | Fixed Income | Fixed Income |
| Style | Long Term High Quality | Long Term High Quality |
| Inception | Feb 9, 2022 | Feb 27, 2024 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Feb 28, 2024 to Oct 14, 2026 (2.6 years).
BFIX vs CAAA 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 2.6 years both funds cover.
BFIX vs CAAA Performance
Build Bond Innovation ETF (BFIX) is an ETF from BUILD FUNDS TRUST and First Trust AAA CMBS ETF (CAAA) is an ETF from First Trust Portfolios (US). Over the past year BFIX returned +0.43% while CAAA returned +0.08%. Year to date, BFIX is up 0.12% versus a loss of 0.25% for CAAA.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BFIX and CAAA have been equally volatile, both at 3.2% annualized.
The deepest peak-to-trough decline in our data was -4.0% for BFIX and -2.3% for CAAA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.54. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BFIX charges 0.45% per year while CAAA charges 0.30%. On a $10,000 position that is $45 vs $30 annually, a gap of $15 per year that compounds over a long holding period. On income, BFIX currently yields 3.93% against 4.94% for CAAA.
Holdings Overlap
We hold position weights for 93 holdings in BFIX and 1 in CAAA, totalling 43.4% and 0.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 93 positions we hold weights for in BFIX and 1 in CAAA, against full books of 226 and 235.
You are not choosing between two funds in isolation.
Whichever of BFIX and CAAA 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, BFIX or CAAA?
BFIX has an expense ratio of 0.45% while CAAA charges 0.30%. CAAA is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, BFIX or CAAA?
Over the past year BFIX returned +0.43% vs +0.08% for CAAA, so BFIX leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BFIX or CAAA?
BFIX and CAAA have been equally volatile, both at 3.2% annualized. Worst drawdown: BFIX -4.0% vs CAAA -2.3%.
Should I hold both BFIX and CAAA?
BFIX and CAAA have a monthly-return correlation of 0.54, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BFIX or CAAA?
BFIX yields 3.93% while CAAA yields 4.94%, so CAAA currently pays the higher dividend yield.
Is CAAA better than BFIX?
CAAA has a lower expense ratio. BFIX led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.