ADFI vs FLAX

Comparison between ANFIELD DYNAMIC FIXED INCOME ETF (ADFI, ETF) and FRANKLIN FTSE ASIA EX JAPAN ETF (FLAX, ETF).

5-Year PerformanceFLAX has outperformed ADFI, delivering a return of +7.4% compared to -0.4%

ADFI vs FLAX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ADFI(ETF)	FLAX(ETF)
Net Assets	$51M	$51M
Expense Ratio	1.68%	0.19%
Max Drawdown	19.99%	44.11%
Sharpe Ratio	-0.27	1.30
5Y Beta	0.07	0.84
5Y Dividends CAGR	32.07%	9.55%

Net Assets

ADFI

$51M

FLAX

$51M

Expense Ratio

ADFI

1.68%

Winner

FLAX

0.19%

Max Drawdown

Winner

ADFI

19.99%

FLAX

44.11%

Sharpe Ratio

ADFI

-0.27

Winner

FLAX

1.30

5Y Beta

Winner

ADFI

0.07

FLAX

0.84

5Y Dividends CAGR

Winner

ADFI

32.07%

FLAX

9.55%

ADFI vs FLAX - Holdings Comparison

ADFI and FLAX have 1 common holdings. Overlap is -0.03%

ADFI's top 25 holdings weight is 79.06%. FLAX's top 25 holdings weight is 47.71%.

Rank	ADFI	FLAX
#1	ISHARES MBS ETF (MBB) - 26.58%	n/a (n/a) - 15.39%
#2	ISHARES IBOXX $ INVMT GRADE CORP BD ETF (LQD) - 15.09%	SAMSUNG ELECTRONICS CO LTD (n/a) - 7.48%
#3	ISHARES US TREASURY BOND ETF (GOVT) - 11.66%	SK HYNIX INC (n/a) - 7.41%
#4	JANUS HENDERSON AAA CLO ETF (JAAA) - 8.58%	TENCENT HOLDINGS LTD (n/a) - 2.65%
#5	ISHARES IBOXX $ HIGH YIELD CORP BD ETF (HYG) - 8.25%	n/a (n/a) - 1.86%
#6	FUTURE ON US DOLLAR INDEX (n/a) - 0.52%	MEDIATEK INC (n/a) - 1.70%
#7	UNITED AIR LINES, INC. 4.625% (n/a) - 0.50%	DELTA ELECTRONICS INC (n/a) - 1.01%
#8	M&T BANK CORPORATION 3.5% (n/a) - 0.50%	SK SQUARE (n/a) - 0.86%
#9	GENERAL MOTORS FINANCIAL COMPANY INC 5.7% (n/a) - 0.50%	n/a (n/a) - 0.85%
#10	BANK OF AMERICA CORP. 4.375% (n/a) - 0.50%	DBS GROUP HOLDINGS LTD (n/a) - 0.83%
#11	ARES CAPITAL CORP. 5.5% (n/a) - 0.50%	HON HAI PRECISION INDUSTRY CO LTD (n/a) - 0.81%
#12	AMERICAN ELECTRIC POWER CO, INC. 3.875% (n/a) - 0.50%	AIA GROUP LTD (n/a) - 0.79%
#13	DUKE ENERGY CORP 3.25% (n/a) - 0.50%	CHINA CONSTRUCTION BANK CORP CLASS H (n/a) - 0.78%
#14	ALLY FINANCIAL INC. 4.7% (n/a) - 0.49%	HDFC BANK LTD (n/a) - 0.75%
#15	BLACKSTONE SECURED LENDING FUND 5.3% (n/a) - 0.49%	RELIANCE INDUSTRIES LTD (n/a) - 0.75%
#16	BAIN CAPITAL SPECIALTY FINANCE INC 5.95% (n/a) - 0.49%	n/a (n/a) - 0.62%
#17	PNC FINANCIAL SERVICES GROUP INC. 3.4% (n/a) - 0.46%	ICICI BANK LTD (n/a) - 0.60%
#18	UNITED AIRLINES HOLDINGS INC 5.375% (n/a) - 0.42%	SAMSUNG ELECTRO-MECHANICS CO LTD (n/a) - 0.57%
#19	SUMISHO AIR LEASE CORP. 6% (n/a) - 0.41%	ASE TECHNOLOGY HOLDING CO LTD (n/a) - 0.56%
#20	ILFC E-CAPITAL TRUST I 6.48% (n/a) - 0.40%	UNITED MICROELECTRONICS CORP (n/a) - 0.50%
#21	US DOLLARS (n/a) - 0.36%	KOTAK MAHINDRA BANK LTD (n/a) - 0.19%
#22	FORD MOTOR CREDIT COMPANY LLC 5.42% (n/a) - 0.34%	PETROCHINA CO LTD CLASS H (n/a) - 0.19%
#23	U.S. BANCORP. 5.3% (n/a) - 0.34%	NAN YA PLASTICS CORP (n/a) - 0.19%
#24	BRIGHTSTAR LOTTERY PLC 5.25% (n/a) - 0.34%	SAMSUNG C&T CORP (n/a) - 0.19%
#25	FORD MOTOR CREDIT COMPANY LLC 5.8% (n/a) - 0.34%	HANWHA AEROSPACE CO LTD (n/a) - 0.18%
Total Holdings	38	1512

ADFI vs FLAX - Historical Returns

Returns include dividend reinvestment.

Period	ADFI	FLAX
1 month	-0.61%	-8.43%
3 months	-0.85%	+6.73%
6 months	-0.53%	+14.06%
1 year	+2.27%	+35.38%
5 years(CAGR)	-0.39%	+7.36%
10 years(CAGR)	N/A	+7.80%
Max(CAGR)	-0.66%	+7.80%

Winner

ADFI

-0.61%

FLAX

-8.43%

ADFI

-0.85%

Winner

FLAX

+6.73%

ADFI

-0.53%

Winner

FLAX

+14.06%

ADFI

+2.27%

Winner

FLAX

+35.38%

5Y(CAGR)

ADFI

-0.39%

Winner

FLAX

+7.36%

10Y(CAGR)

ADFI

N/A

FLAX

+7.80%

Max(CAGR)

ADFI

-0.66%

Winner

FLAX

+7.80%

ADFI vs FLAX - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	ADFI	FLAX
2026	-0.53%	+17.54%
2025	+5.91%	+34.33%
2024	+1.08%	+11.69%
2023	+6.19%	+4.95%
2022	-11.52%	-19.30%
2021	-3.25%	-4.77%
2020	+0.04%	+22.01%
2019	N/A	+17.90%
2018	N/A	-12.03%

ADFI vs FLAX Drawdown Comparison

The maximum drawdown for ADFI was -17.62%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

The maximum drawdown for FLAX was -42.50%, occurring on Oct 24, 2022. Recovery took 1147 trading sessions.

The current ADFI drawdown is -4.18%. The current FLAX drawdown is -8.43%.

Rank	ADFI	FLAX
#1	-17.62% Sep 2, 2020 - Oct 20, 2022	-42.50% Feb 17, 2021 - Sep 11, 2025
#2	-0.58% Aug 21, 2020 - Sep 2, 2020	-29.77% Mar 14, 2018 - Aug 4, 2020
#3	-0.16% Aug 18, 2020 - Aug 20, 2020	-12.99% Feb 25, 2026 - Apr 17, 2026
#4	N/A	-11.21% Jun 22, 2026 - Jul 17, 2026
#5	N/A	-8.86% Jun 2, 2026 - Jun 22, 2026
#6	N/A	-5.55% Jan 21, 2021 - Feb 9, 2021
#7	N/A	-5.31% Aug 28, 2020 - Oct 8, 2020
#8	N/A	-5.30% May 11, 2026 - May 26, 2026
#9	N/A	-5.20% Oct 29, 2025 - Jan 2, 2026
#10	N/A	-4.39% Oct 6, 2025 - Oct 20, 2025
#11	N/A	-3.34% Jan 28, 2026 - Feb 10, 2026
#12	N/A	-2.72% Oct 12, 2020 - Nov 4, 2020
#13	N/A	-2.54% Feb 23, 2018 - Mar 13, 2018
#14	N/A	-2.37% Nov 27, 2020 - Dec 3, 2020
#15	N/A	-1.91% Aug 6, 2020 - Aug 17, 2020