FLAX vs ADFI

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

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

FLAX vs ADFI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

FLAX

$51M

ADFI

$51M

Expense Ratio

Winner

FLAX

0.19%

ADFI

1.68%

Max Drawdown

FLAX

44.11%

Winner

ADFI

19.99%

Sharpe Ratio

Winner

FLAX

1.30

ADFI

-0.27

5Y Beta

FLAX

0.84

Winner

ADFI

0.07

5Y Dividends CAGR

FLAX

9.55%

Winner

ADFI

32.07%

FLAX vs ADFI - Holdings Comparison

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

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

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

FLAX vs ADFI - Historical Returns

Returns include dividend reinvestment.

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

FLAX

-8.43%

Winner

ADFI

-0.61%

Winner

FLAX

+6.73%

ADFI

-0.85%

Winner

FLAX

+14.06%

ADFI

-0.53%

Winner

FLAX

+35.38%

ADFI

+2.27%

5Y(CAGR)

Winner

FLAX

+7.36%

ADFI

-0.39%

10Y(CAGR)

FLAX

+7.80%

ADFI

N/A

Max(CAGR)

Winner

FLAX

+7.80%

ADFI

-0.66%

FLAX vs ADFI - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

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

FLAX vs ADFI Drawdown Comparison

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

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

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

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