TBG Dividend Focus ETF (TBG) Performance
TBG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +17.2% since Dec 31, 2025
- 1 year
- +20.1% total return
- Since first price
- +66.6% since 2023
TBG trailing returns vs SPY, QQQ, AGG
| Period | TBG total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +4.2% | +3.5% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.2% | +2.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +8.6% | +7.2% | +7.8% | +8.4% | −1.5% |
| YTD | +17.2% | +14.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +20.1% | +16.7% | +14.4% | +15.9% | −1.1% |
| Since inceptionNov 7, 2023 | +66.6% | +54.1% | — | — | — |
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: TBG vs SPY
From Nov 7, 2023: TBG grew to $16,661, SPY to $18,035.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TBG returns by calendar year
2 of 2 full years positive. Best 2024 (+20.6%), worst 2025 (+7.5%). 2026 is year to date.
TBG annual returns table
| Year | TBG | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +17.2% | −7.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +7.5% | −14.8% | +17.7% | +20.8% | +7.2% |
| 2024 | +20.6% | −6.7% | +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.
TBG largest drawdowns
Now 2.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 28, 2025 | −14.8% | Apr 8, 2025 | Aug 22, 2025 | 39 days | 6 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
TBG risk statistics
| Statistic | Since 2023 |
|---|---|
| Annualized return | +15.8% |
| Volatility (annualized) | 12.3% |
| Sharpe ratio | 0.91 |
| Sortino ratio | 1.40 |
| Best month | +6.6% |
| Worst month | −7.0% |
| Best 12 months | +35.3% |
| Worst 12 months | +2.2% |
| Positive months | 65% |
| 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.
TBG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 24 | +2.2% | +13.3% | +35.3% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
TBG performance overview
TBG Dividend Focus ETF (TBG) returned +20.1% over the past year, with distributions reinvested. Since its first recorded price on Nov 7, 2023 it has returned +66.6%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −14.8%, from Feb 28, 2025 to Apr 8, 2025, and it took 4 months to get back to the old high. Volatility has been 12.3% a year.
Related: TBG chart, TBG holdings, TBG dividends, TBG valuation. See the TBG overview for the latest quote and fund facts.
TBG performance FAQ
What is the TBG return over the past year?
TBG returned +20.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 16.7%.
How much would $10,000 invested in TBG be worth?
$10,000 invested in TBG at its first recorded close on November 7, 2023 would be worth about $16,661 on October 23, 2026 with distributions reinvested.
What was the worst year for TBG?
The worst calendar year was 2025, with a total return of +7.5%. The best was 2024 at +20.6%.
What is the biggest drawdown of TBG?
The largest peak-to-trough decline was −14.8% between February 28, 2025 and April 8, 2025. It recovered to the old high on August 22, 2025, 4 months after the bottom.
How volatile is TBG?
Over the past history TBG had an annualized volatility of 12.3% and a Sharpe ratio of 0.91 (excess return over 1–3 month T-bills per unit of risk).