TBLL vs FXL

Comparison between INVESCO SHORT TERM TREASURY ETF (TBLL, ETF) and FIRST TRUST TECHNOLOGY ALPHADEX FUND (FXL, ETF).

5-Year PerformanceFXL has outperformed TBLL, delivering a return of +11.0% compared to +3.5%

TBLL vs FXL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TBLL(ETF)	FXL(ETF)
Net Assets	$2.60B	$2.60B
Expense Ratio	0.08%	0.60%
Max Drawdown	1.30%	61.41%
Sharpe Ratio	-0.27	1.14
5Y Beta	-0.00	1.42
P/E Ratio	N/A	34.32
Forward P/E	N/A	17.73
PEG Ratio	N/A	-2.21
5Y Dividends CAGR	93.19%	-17.34%
5Y EPS CAGR	N/A	24.39%
Debt to Equity	N/A	10.79%
P/S Ratio	N/A	2.20
P/B Ratio	N/A	4.90

Net Assets

TBLL

$2.60B

FXL

$2.60B

Expense Ratio

Winner

TBLL

0.08%

FXL

0.60%

Max Drawdown

Winner

TBLL

1.30%

FXL

61.41%

Sharpe Ratio

TBLL

-0.27

Winner

FXL

1.14

5Y Beta

Winner

TBLL

-0.00

FXL

1.42

P/E Ratio

TBLL

N/A

FXL

34.32

Forward P/E

TBLL

N/A

FXL

17.73

PEG Ratio

TBLL

N/A

FXL

-2.21

5Y Dividends CAGR

Winner

TBLL

93.19%

FXL

-17.34%

5Y EPS CAGR

TBLL

N/A

FXL

24.39%

Debt to Equity

TBLL

N/A

FXL

10.79%

P/S Ratio

TBLL

N/A

FXL

2.20

P/B Ratio

TBLL

N/A

FXL

4.90

TBLL vs FXL - Historical Returns

Returns include dividend reinvestment.

Period	TBLL	FXL
1 month	+0.35%	+7.59%
3 months	+0.93%	+4.29%
6 months	+1.77%	+28.24%
1 year	+3.76%	+32.78%
5 years(CAGR)	+3.53%	+10.98%
10 years(CAGR)	+2.41%	+19.73%
Max(CAGR)	+2.41%	+13.28%

TBLL

+0.35%

Winner

FXL

+7.59%

TBLL

+0.93%

Winner

FXL

+4.29%

TBLL

+1.77%

Winner

FXL

+28.24%

TBLL

+3.76%

Winner

FXL

+32.78%

5Y(CAGR)

TBLL

+3.53%

Winner

FXL

+10.98%

10Y(CAGR)

TBLL

+2.41%

Winner

FXL

+19.73%

Max(CAGR)

TBLL

+2.41%

Winner

FXL

+13.28%

TBLL vs FXL - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	TBLL	FXL
2026	+2.24%	+24.62%
2025	+4.21%	+12.98%
2024	+5.11%	+19.05%
2023	+4.98%	+40.65%
2022	+1.12%	-30.11%
2021	-0.02%	+20.26%
2020	+0.87%	+51.73%
2019	+2.16%	+39.55%
2018	+1.83%	+0.95%
2017	+0.62%	+35.18%
2016	N/A	+17.44%
2015	N/A	-3.02%
2014	N/A	+17.50%
2013	N/A	+33.71%
2012	N/A	+7.82%
2011	N/A	-12.72%
2010	N/A	+24.42%
2009	N/A	+60.38%
2008	N/A	-47.25%
2007	N/A	+3.84%

TBLL vs FXL Drawdown Comparison

The maximum drawdown for TBLL was -0.63%, occurring on Feb 14, 2022. Recovery took 631 trading sessions.

The maximum drawdown for FXL was -61.41%, occurring on Nov 20, 2008. Recovery took 799 trading sessions.

The current FXL drawdown is -6.25%.

Rank	TBLL	FXL
#1	-0.63% May 11, 2020 - Nov 9, 2022	-61.41% Oct 10, 2007 - Dec 10, 2010
#2	-0.52% Mar 18, 2020 - May 11, 2020	-38.49% Nov 9, 2021 - Feb 9, 2024
#3	-0.36% Sep 28, 2023 - Oct 20, 2023	-33.96% Feb 19, 2020 - May 29, 2020
#4	-0.18% Dec 19, 2023 - Dec 21, 2023	-31.96% Feb 17, 2011 - Jul 11, 2013
#5	-0.17% Apr 1, 2019 - Apr 4, 2019	-28.27% Feb 18, 2025 - Jul 25, 2025
#6	-0.16% Sep 24, 2018 - Oct 22, 2018	-25.96% Jun 3, 2015 - Nov 15, 2016
#7	-0.15% Dec 19, 2019 - Jan 23, 2020	-25.37% Sep 14, 2018 - Mar 21, 2019
#8	-0.14% Mar 13, 2020 - Mar 18, 2020	-15.54% Feb 12, 2021 - Jun 29, 2021
#9	-0.11% Dec 4, 2018 - Dec 7, 2018	-15.21% Jun 2, 2026 - Aug 13, 2026
#10	-0.10% Nov 10, 2022 - Nov 14, 2022	-14.06% Jul 16, 2024 - Oct 14, 2024
#11	-0.10% Nov 13, 2017 - Nov 28, 2017	-13.69% Sep 18, 2014 - Nov 21, 2014
#12	-0.10% Aug 17, 2018 - Aug 22, 2018	-13.56% Jan 28, 2026 - Apr 16, 2026
#13	-0.09% Nov 6, 2023 - Nov 9, 2023	-11.93% Oct 27, 2025 - Jan 28, 2026
#14	-0.08% Dec 15, 2023 - Dec 19, 2023	-11.68% Sep 2, 2020 - Oct 9, 2020
#15	-0.08% Jul 11, 2024 - Jul 15, 2024	-11.60% Apr 30, 2019 - Jul 10, 2019

Correlation

Correlation between TBLL and FXL is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2010 - 2026)

TBLL vs FXL dividend yield comparison.

Year	TBLL	FXL
2026	2.32%	0.00%
2025	4.08%	0.01%
2024	4.99%	0.11%
2023	4.63%	0.41%
2022	1.37%	0.34%
2021	0.03%	0.11%
2020	0.80%	0.04%
2019	2.08%	0.37%
2018	1.69%	0.32%
2017	0.71%	0.27%
2016	0.00%	1.12%
2015	0.00%	0.36%
2014	0.00%	0.63%
2013	0.00%	0.32%
2012	0.00%	0.64%
2010	0.00%	0.03%