ETF Series Solutions (TBFG) Performance
TBFG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +8.5% since Dec 31, 2025
- 1 year
- +10.2% total return
- Since first price
- +37.3% since 2024
TBFG trailing returns vs AGG, TLT, SPY
| Period | TBFG total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −1.7% | −2.1% | +0.9% | +1.5% | −1.0% |
| 3 months | +0.1% | −0.3% | −0.4% | −1.0% | +3.2% |
| 6 months | +3.1% | +2.3% | −1.5% | −3.8% | +7.8% |
| YTD | +8.5% | +7.3% | −1.0% | −3.4% | +12.3% |
| 1 year | +10.2% | +7.4% | −1.1% | −6.9% | +14.4% |
| Since inceptionJan 16, 2024 | +37.3% | +29.1% | — | — | — |
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: TBFG vs AGG
From Jan 16, 2024: TBFG grew to $13,731, AGG to $10,852.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TBFG returns by calendar year
1 of 1 full years positive. Best 2025 (+14.6%), worst 2025 (+14.6%). 2026 is year to date.
TBFG annual returns table
| Year | TBFG | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +8.5% | −7.6% | −1.0% | −3.4% | +12.3% |
| 2025 | +14.6% | −13.4% | +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.
TBFG largest drawdowns
Now 3.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2025 | −13.4% | Apr 8, 2025 | Jun 26, 2025 | 48 days | 4 months |
| Feb 25, 2026 | −7.6% | Mar 30, 2026 | Apr 17, 2026 | 33 days | 51 days |
| Jul 16, 2024 | −6.4% | Aug 5, 2024 | Sep 19, 2024 | 20 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.
TBFG risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +12.5% |
| Volatility (annualized) | 9.0% |
| Sharpe ratio | 0.89 |
| Sortino ratio | 1.40 |
| Best month | +6.4% |
| Worst month | −5.2% |
| Best 12 months | +24.9% |
| Worst 12 months | +1.2% |
| Positive months | 72% |
| 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.
TBFG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 22 | +1.2% | +12.3% | +24.9% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
TBFG performance overview
ETF Series Solutions (TBFG) returned +10.2% over the past year, with distributions reinvested. Since its first recorded price on Jan 16, 2024 it has returned +37.3%. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −13.4%, from Feb 19, 2025 to Apr 8, 2025, and it took 3 months to get back to the old high. Volatility has been 9.0% a year.
Related: TBFG chart, TBFG holdings, TBFG dividends, TBFG bond profile. See the TBFG overview for the latest quote and fund facts.
TBFG performance FAQ
What is the TBFG return over the past year?
TBFG returned +10.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 7.4%.
How much would $10,000 invested in TBFG be worth?
$10,000 invested in TBFG at its first recorded close on January 16, 2024 would be worth about $13,731 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of TBFG?
The largest peak-to-trough decline was −13.4% between February 19, 2025 and April 8, 2025. It recovered to the old high on June 26, 2025, 3 months after the bottom.
How volatile is TBFG?
Over the past history TBFG had an annualized volatility of 9.0% and a Sharpe ratio of 0.89 (excess return over 1–3 month T-bills per unit of risk).