ActivePassive Core Bond ETF (APCB) Performance
APCB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −1.4% since Dec 31, 2025
- 1 year
- −1.0% total return
- 3 years
- +4.9% a year
- Since first price
- +2.4% a year since 2023
APCB trailing returns vs SPY, QQQ, AGG
| Period | APCB total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.5% | +0.4% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.9% | −1.6% | +3.2% | +1.9% | −0.4% |
| 6 months | −1.8% | −3.5% | +7.8% | +8.4% | −1.5% |
| YTD | −1.4% | −3.9% | +12.3% | +15.1% | −1.0% |
| 1 year | −1.0% | −5.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +15.4%+4.9%/yr | +1.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionMay 3, 2023 | +8.6%+2.4%/yr | −5.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: APCB vs SPY
From May 3, 2023: APCB grew to $10,862, SPY to $19,453.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
APCB returns by calendar year
2 of 2 full years positive. Best 2025 (+6.9%), worst 2024 (+1.4%). 2026 is year to date.
APCB annual returns table
| Year | APCB | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −1.4% | −4.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +6.9% | −2.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +1.4% | −3.7% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
APCB risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +3.9% | +2.5% |
| Volatility (annualized) | 5.1% | 5.1% |
| Sharpe ratio | -0.08 | -0.36 |
| Sortino ratio | -0.11 | -0.48 |
| Best month | +4.0% | +4.0% |
| Worst month | −2.4% | −2.4% |
| Best 12 months | +10.9% | +10.9% |
| Worst 12 months | −1.7% | −1.7% |
| Positive months | 67% | 60% |
| Beta vs S&P 500 | 0.21 | — |
| Correlation with S&P 500 | 0.52 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
APCB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 30 | −1.7% | +4.7% | +10.9% | 93% |
| 3-year (a year) | 6 | +3.7% | +3.9% | +4.9% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
APCB performance overview
ActivePassive Core Bond ETF (APCB) returned −1.0% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +2.4% a year, turning $10,000 into about $10,862. Over the same year S&P 500 (SPY) returned +14.4%.
Related: APCB chart, APCB dividends. See the APCB overview for the latest quote and fund facts.
APCB performance FAQ
What is the APCB return over the past year?
APCB returned −1.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 5.0%.
How much would $10,000 invested in APCB be worth?
$10,000 invested in APCB at its first recorded close on May 3, 2023 would be worth about $10,862 on October 23, 2026 with distributions reinvested.
What was the worst year for APCB?
The worst calendar year was 2024, with a total return of +1.4%. The best was 2025 at +6.9%.
How volatile is APCB?
Over the past 3 years APCB had an annualized volatility of 5.1% and a Sharpe ratio of -0.08 (excess return over 1–3 month T-bills per unit of risk).