Frontier Asset Opportunistic Credit ETF (FOPC) Performance
FOPC total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −0.8% since Dec 31, 2025
- 1 year
- −0.6% total return
- Since first price
- +5.7% since 2024
FOPC trailing returns vs AGG, TLT, SPY
| Period | FOPC total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.7% | −0.6% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.6% | −1.8% | −0.4% | −1.0% | +3.2% |
| 6 months | −1.4% | −3.6% | −1.5% | −3.8% | +7.8% |
| YTD | −0.8% | −3.6% | −1.0% | −3.4% | +12.3% |
| 1 year | −0.6% | −4.9% | −1.1% | −6.9% | +14.4% |
| Since inceptionDec 20, 2024 | +5.7% | −1.7% | — | — | — |
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: FOPC vs AGG
From Dec 20, 2024: FOPC grew to $10,570, AGG to $10,609.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FOPC returns by calendar year
1 of 1 full years positive. Best 2025 (+6.5%), worst 2025 (+6.5%). 2026 is year to date.
FOPC annual returns table
| Year | FOPC | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −0.8% | −3.6% | −1.0% | −3.4% | +12.3% |
| 2025 | +6.5% | −2.0% | +7.2% | +4.3% | +17.7% |
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.
FOPC risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +2.4% |
| Volatility (annualized) | 3.0% |
| Sharpe ratio | -0.47 |
| Sortino ratio | -0.54 |
| Best month | +1.2% |
| Worst month | −2.4% |
| Best 12 months | +6.5% |
| Worst 12 months | −1.2% |
| Positive months | 81% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
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.
FOPC rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 11 | −1.2% | +4.6% | +6.5% | 82% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
FOPC performance overview
Frontier Asset Opportunistic Credit ETF (FOPC) returned −0.6% over the past year, with distributions reinvested. Since its first recorded price on Dec 20, 2024 it has returned +5.7%. Over the same year U.S. bonds (AGG) returned −1.1%.
Related: FOPC chart, FOPC dividends, FOPC bond profile. See the FOPC overview for the latest quote and fund facts.
FOPC performance FAQ
What is the FOPC return over the past year?
FOPC returned −0.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 4.9%.
How much would $10,000 invested in FOPC be worth?
$10,000 invested in FOPC at its first recorded close on December 20, 2024 would be worth about $10,570 on October 23, 2026 with distributions reinvested.
How volatile is FOPC?
Over the past history FOPC had an annualized volatility of 3.0% and a Sharpe ratio of -0.47 (excess return over 1–3 month T-bills per unit of risk).