Conservative ETF (TBFC) Performance
TBFC total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +3.2% since Dec 31, 2025
- 1 year
- +4.3% total return
- Since first price
- +24.4% since 2024
TBFC trailing returns vs AGG, TLT, SPY
| Period | TBFC total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −1.1% | −1.8% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.8% | −1.5% | −0.4% | −1.0% | +3.2% |
| 6 months | +0.2% | −1.1% | −1.5% | −3.8% | +7.8% |
| YTD | +3.2% | +1.6% | −1.0% | −3.4% | +12.3% |
| 1 year | +4.3% | +1.1% | −1.1% | −6.9% | +14.4% |
| Since inceptionJan 16, 2024 | +24.4% | +15.0% | — | — | — |
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: TBFC vs AGG
From Jan 16, 2024: TBFC grew to $12,439, AGG to $10,852.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TBFC returns by calendar year
1 of 1 full years positive. Best 2025 (+11.4%), worst 2025 (+11.4%). 2026 is year to date.
TBFC annual returns table
| Year | TBFC | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +3.2% | −5.5% | −1.0% | −3.4% | +12.3% |
| 2025 | +11.4% | −8.6% | +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.
TBFC largest drawdowns
Now 2.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 27, 2024 | −8.9% | Apr 8, 2025 | Jun 12, 2025 | 6 months | 8 months |
| Feb 25, 2026 | −5.5% | Mar 27, 2026 | May 6, 2026 | 30 days | 2 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
TBFC risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +8.3% |
| Volatility (annualized) | 6.4% |
| Sharpe ratio | 0.62 |
| Sortino ratio | 0.89 |
| Best month | +3.6% |
| Worst month | −3.9% |
| Best 12 months | +15.9% |
| Worst 12 months | +3.2% |
| Positive months | 69% |
| 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.
TBFC rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 22 | +3.2% | +8.5% | +15.9% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
TBFC performance overview
Conservative ETF (TBFC) returned +4.3% over the past year, with distributions reinvested. Since its first recorded price on Jan 16, 2024 it has returned +24.4%. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −8.9%, from Sep 27, 2024 to Apr 8, 2025, and it took 2 months to get back to the old high. Volatility has been 6.4% a year.
Related: TBFC chart, TBFC holdings, TBFC dividends, TBFC bond profile. See the TBFC overview for the latest quote and fund facts.
TBFC performance FAQ
What is the TBFC return over the past year?
TBFC returned +4.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 1.1%.
How much would $10,000 invested in TBFC be worth?
$10,000 invested in TBFC at its first recorded close on January 16, 2024 would be worth about $12,439 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of TBFC?
The largest peak-to-trough decline was −8.9% between September 27, 2024 and April 8, 2025. It recovered to the old high on June 12, 2025, 2 months after the bottom.
How volatile is TBFC?
Over the past history TBFC had an annualized volatility of 6.4% and a Sharpe ratio of 0.62 (excess return over 1–3 month T-bills per unit of risk).