Freedom Day Dividend ETF (MBOX) Performance
MBOX total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +23.5% since Dec 31, 2025
- 1 year
- +24.1% total return
- 5 years
- +12.7% a year
- Since first price
- +12.4% a year since 2021
MBOX trailing returns vs SPY, QQQ, AGG
| Period | MBOX total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +5.2% | +4.7% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.8% | +3.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +12.0% | +11.1% | +7.8% | +8.4% | −1.5% |
| YTD | +23.5% | +21.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +24.1% | +21.6% | +14.4% | +15.9% | −1.1% |
| 3 years | +78.7%+21.4%/yr | +69.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +81.9%+12.7%/yr | +62.9% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionMay 5, 2021 | +89.6%+12.4%/yr | +69.0% | — | — | — |
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: MBOX vs SPY
From May 5, 2021: MBOX grew to $18,963, SPY to $19,671.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
MBOX returns by calendar year
3 of 4 full years positive. Best 2024 (+16.4%), worst 2022 (−4.3%). 2026 is year to date.
MBOX annual returns table
| Year | MBOX | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +23.5% | −6.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +8.7% | −15.4% | +17.7% | +20.8% | +7.2% |
| 2024 | +16.4% | −8.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +15.8% | −9.1% | +26.2% | +54.9% | +5.7% |
| 2022 | −4.3% | −16.4% | −18.2% | −32.6% | −13.0% |
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.
MBOX largest drawdowns
Now 0.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 8, 2022 | −16.4% | Sep 30, 2022 | Jul 24, 2023 | 6 months | 1.3 years |
| Nov 25, 2024 | −16.4% | Apr 8, 2025 | Sep 10, 2025 | 4 months | 9 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
MBOX risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +18.0% | +12.5% | +11.3% |
| Volatility (annualized) | 12.7% | 14.7% | 14.5% |
| Sharpe ratio | 1.04 | 0.63 | 0.59 |
| Sortino ratio | 1.75 | 1.04 | 0.95 |
| Best month | +7.3% | +11.6% | +11.6% |
| Worst month | −6.7% | −7.6% | −7.6% |
| Best 12 months | +34.8% | +34.8% | +34.8% |
| Worst 12 months | +1.5% | −5.7% | −5.7% |
| Positive months | 69% | 60% | 59% |
| Beta vs S&P 500 | 0.74 | 0.78 | — |
| Correlation with S&P 500 | 0.72 | 0.83 | — |
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.
MBOX rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 54 | −5.7% | +10.0% | +34.8% | 85% |
| 3-year (a year) | 30 | +8.9% | +13.7% | +21.4% | 100% |
| 5-year (a year) | 6 | +11.8% | +12.6% | +12.8% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
MBOX performance overview
Freedom Day Dividend ETF (MBOX) returned +24.1% over the past year and +12.7% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +12.4% a year, turning $10,000 into about $18,963. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −16.4%, from Apr 8, 2022 to Sep 30, 2022, and it took 10 months to get back to the old high. MBOX finished 3 of its 4 full calendar years with a gain; the best year was 2024 (+16.4%) and the worst 2022 (−4.3%). Volatility has been 14.5% a year.
Related: MBOX chart, MBOX holdings, MBOX dividends, MBOX valuation. See the MBOX overview for the latest quote and fund facts.
MBOX performance FAQ
What is the MBOX return over the past year?
MBOX returned +24.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 21.6%.
What is the average annual return of MBOX?
MBOX has returned +12.7% a year over 5 years, +12.4% a year since May 5, 2021 (total return, distributions reinvested).
How much would $10,000 invested in MBOX be worth?
$10,000 invested in MBOX at its first recorded close on May 5, 2021 would be worth about $18,963 on October 23, 2026 with distributions reinvested.
What was the worst year for MBOX?
The worst calendar year was 2022, with a total return of −4.3%. The best was 2024 at +16.4%.
What is the biggest drawdown of MBOX?
The largest peak-to-trough decline was −16.4% between April 8, 2022 and September 30, 2022. It recovered to the old high on July 24, 2023, 10 months after the bottom.
How volatile is MBOX?
Over the past 3 years MBOX had an annualized volatility of 12.7% and a Sharpe ratio of 1.04 (excess return over 1–3 month T-bills per unit of risk).