Data as of Oct 28, 2026.
APCB vs DFSD: Differences, Returns & Fees
APCB's duration was 4.1 years on Aug 31, 2026 and DFSD's 2.9 on Jul 31, 2026; DFSD charges 0.16% to APCB's 0.36%.
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Net assets: $1.0bn on Aug 31, 2026 for ActivePassive Core Bond ETF, and $7.1bn on Jul 31, 2026 for Dimensional Short-Duration Fixed Income ETF.
Pair scorecard
DFSD costs 0.20 points a year less; their one-year returns differ by 2.5 points.
| Measure | APCB | DFSD |
|---|---|---|
| Return | ||
| Total return, 1 year | −1.4% | +1.1% |
| Benchmark | ||
| What it tracks | No index, actively managed | No index, actively managed |
| Cost and size | ||
| Expense ratio | 0.36% | 0.16% |
| Net assets, APCB as of Aug 31, 2026 and DFSD as of Jul 31, 2026 | $1.0bn | $7.1bn |
| Holdings | ||
| Holdings in common | 2% | |
Holdings in common uses holdings dated Jul 31, 2026 and Aug 31, 2026. Method
Risk and return
May 12, 2023 to Oct 23, 2026 · 180 weekly returns · each against AGGDFSD returned more: +16.6% to +9.5%. DFSD swung less: 1.9% to 4.8%. DFSD fell less at its worst: −1.4% to −5.4%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | APCB | DFSD | AGG | Edge | How it is measured |
|---|---|---|---|---|---|
| Return | |||||
| Total return | +9.5% | +16.6% | DFSD | Price change plus distributions, reinvested. | |
| Annualized | +2.6% | +4.5% | DFSD | Total return as a yearly rate. | |
| Price return | −4.7% | −0.1% | DFSD | Price change alone, distributions left out. | |
| Risk | |||||
| Volatility | 4.8% | 1.9% | DFSD | Spread of weekly returns, annualized. Lower is steadier. | |
| Downside deviation | 3.5% | 1.4% | DFSD | Like volatility, counting only weeks below the Treasury bill rate. | |
| Max drawdown | −5.4% | −1.4% | DFSD | Deepest fall from a high to the low after it. | |
| Upside capture | 90.1% | 41.2% | 100.0% | APCB | Share of its benchmark's rise caught in the weeks it rose. |
| Downside capture | 91.1% | 23.2% | 100.0% | DFSD | Share of its benchmark's fall taken in the weeks it fell. Lower is better. |
| Beta | 0.90 | 0.31 | 1.00 | DFSD lower | How far it moves for each 1% its benchmark moves. |
| R squared | 0.98 | 0.74 | 1.00 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | |||||
| Sharpe | −0.38 | −0.06 | DFSD | Return above Treasury bills per unit of volatility. | |
| Sortino | −0.53 | −0.08 | DFSD | Return above Treasury bills per unit of downside deviation. | |
| Treynor | −0.020 | −0.004 | −0.017 | DFSD | Return above Treasury bills per unit of beta. |
| Calmar | 0.49 | 3.28 | DFSD | Annualized return divided by the max drawdown. | |
| Against the benchmark | |||||
| Benchmark | AGG | AGG | AGG | The ETF each fund is measured against. | |
| Alpha | −0.3% a year | +0.4% a year | 0.0% | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −0.68 | 0.82 | Not an edge | How sure the alpha is. Below 2, it could be chance. | |
| Alpha range | −1.1% to +0.5% | −0.6% to +1.5% | Both include zero | The 95% range for the yearly alpha. | |
| Information ratio | −0.12 | 0.44 | DFSD | Return against its benchmark per unit of tracking error. | |
| Tracking error | 0.9% | 3.7% | 0.0% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 180 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, APCB and DFSD hold 2% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.
half
2% in common
Only in one fund ↓
Side by side
APCB and DFSD on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
APCB and DFSD are built for the same job. How do they differ in cost, holdings and results?
- Holdings in common. 2% of the weight is in the same securities (holdings dated Aug 31, 2026 and Jul 31, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 APCB returned −1.4% and DFSD +1.1% with distributions reinvested, a gap of 2.5 points.
- Cost. APCB charges 0.36% of assets a year and DFSD 0.16%, a gap of 0.20 points.
Data as of Oct 28, 2026.
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APCB
APCB is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −1.4% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Total Return Index. The prospectus expense ratio is 0.36% a year.
DFSD
DFSD is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +1.1% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.16% a year.
Questions people ask
- Which returned more over the last year, APCB or DFSD?
- In the year to Oct 28, 2026, with distributions reinvested, APCB returned −1.4% and DFSD +1.1%.
- Which is cheaper, APCB or DFSD?
- DFSD is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, APCB against DFSD, data as of Oct 28, 2026. https://etfiq.com/compare/any/apcb-vs-dfsd
ETFIQ. (Oct 28, 2026). APCB against DFSD. Retrieved from https://etfiq.com/compare/any/apcb-vs-dfsd
[APCB against DFSD (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/apcb-vs-dfsd)
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