XFLT vs IBCA

Comparison between XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT, ETF) and ISHARES IBONDS DEC 2035 TERM CORPORATE ETF (IBCA, ETF).

XFLT vs IBCA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	XFLT(ETF)	IBCA(ETF)
Net Assets	$355M	$354M
Expense Ratio	N/A	0.10%
Max Drawdown	73.04%	95.89%
Sharpe Ratio	-1.58	0.50
5Y Beta	0.36	0.11
5Y Dividends CAGR	-2.14%	N/A

Net Assets

Winner

XFLT

$355M

IBCA

$354M

Expense Ratio

XFLT

N/A

IBCA

0.10%

Max Drawdown

Winner

XFLT

73.04%

IBCA

95.89%

Sharpe Ratio

XFLT

-1.58

Winner

IBCA

0.50

5Y Beta

XFLT

0.36

Winner

IBCA

0.11

5Y Dividends CAGR

XFLT

-2.14%

IBCA

N/A

XFLT vs IBCA - Historical Returns

Returns include dividend reinvestment.

Period	XFLT	IBCA
1 month	-7.57%	+1.36%
3 months	+11.74%	+1.18%
6 months	-17.40%	+0.94%
1 year	-26.65%	+6.68%
5 years(CAGR)	-5.73%	N/A
10 years(CAGR)	+0.09%	+8.41%
Max(CAGR)	+0.09%	+4.44%

XFLT

-7.57%

Winner

IBCA

+1.36%

Winner

XFLT

+11.74%

IBCA

+1.18%

XFLT

-17.40%

Winner

IBCA

+0.94%

XFLT

-26.65%

Winner

IBCA

+6.68%

5Y(CAGR)

XFLT

-5.73%

IBCA

N/A

10Y(CAGR)

XFLT

+0.09%

Winner

IBCA

+8.41%

Max(CAGR)

XFLT

+0.09%

Winner

IBCA

+4.44%

XFLT vs IBCA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	XFLT	IBCA
2026	-20.18%	+0.75%
2025	-16.36%	+7.15%
2024	+6.28%	N/A
2023	+26.15%	N/A
2022	-21.31%	N/A
2021	+32.32%	N/A
2020	+3.94%	N/A
2019	+17.84%	N/A
2018	-15.56%	N/A
2017	-5.54%	N/A
2015	N/A	+7.80%
2014	N/A	+36.63%
2013	N/A	+94.56%
2012	N/A	+47.35%
2011	N/A	-14.24%
2010	N/A	-12.54%
2009	N/A	-22.82%
2008	N/A	-74.83%
2007	N/A	-51.41%
2006	N/A	+34.94%
2005	N/A	+28.57%
2004	N/A	+33.19%
2003	N/A	+41.27%
2002	N/A	+50.00%
2001	N/A	+97.33%
2000	N/A	-44.44%
1999	N/A	-30.56%

XFLT vs IBCA Drawdown Comparison

The maximum drawdown for XFLT was -55.39%, occurring on Mar 24, 2020. Recovery took 841 trading sessions.

The maximum drawdown for IBCA was -95.73%, occurring on Oct 12, 2010. This drawdown has not yet recovered.

The current XFLT drawdown is -37.20%. The current IBCA drawdown is -39.12%.

Rank	XFLT	IBCA
#1	-55.39% Oct 3, 2017 - Feb 5, 2021	-95.73% Jul 25, 2006 - Oct 12, 2010
#2	-47.03% Dec 2, 2024 - Mar 9, 2026	-61.11% Nov 1, 1999 - Jan 23, 2002
#3	-33.03% Feb 2, 2022 - Jan 30, 2024	-22.48% Jul 17, 2002 - Sep 11, 2002
#4	-10.75% Jul 6, 2021 - Jan 11, 2022	-21.05% Sep 11, 2002 - Mar 20, 2003
#5	-9.07% Jan 12, 2022 - Jan 31, 2022	-16.92% Jan 24, 2002 - Apr 17, 2002
#6	-8.89% Feb 24, 2021 - Mar 11, 2021	-16.85% Mar 8, 2004 - Oct 26, 2004
#7	-8.47% Mar 17, 2021 - Jun 14, 2021	-13.95% Sep 12, 2005 - Oct 21, 2005
#8	-7.62% Feb 7, 2024 - Nov 7, 2024	-13.26% Dec 8, 2005 - Jan 23, 2006
#9	-3.20% Jun 16, 2021 - Jun 30, 2021	-12.76% Feb 4, 2005 - Jul 13, 2005
#10	-2.24% Feb 1, 2024 - Feb 6, 2024	-9.56% Jun 5, 2006 - Jul 6, 2006
#11	-1.73% Feb 17, 2021 - Feb 22, 2021	-8.95% Aug 2, 2005 - Aug 29, 2005
#12	-1.07% Feb 5, 2021 - Feb 10, 2021	-7.68% Apr 28, 2006 - May 26, 2006
#13	-0.52% Jul 1, 2021 - Jul 6, 2021	-6.94% Dec 31, 2004 - Feb 4, 2005
#14	-0.32% Mar 15, 2021 - Mar 17, 2021	-6.80% Apr 2, 2003 - Jun 4, 2003
#15	-0.30% Sep 28, 2017 - Oct 3, 2017	-6.31% Apr 18, 2002 - Jul 3, 2002

Correlation

Correlation between XFLT and IBCA is -0.77 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.77

-101

Dividend Comparison (2007 - 2026)

XFLT vs IBCA dividend yield comparison.

Year	XFLT	IBCA
2026	9.03%	2.00%
2025	18.23%	3.19%
2024	15.24%	0.00%
2023	13.61%	0.00%
2022	13.86%	0.00%
2021	9.82%	0.00%
2020	10.64%	0.00%
2019	10.63%	0.00%
2018	11.33%	0.00%
2017	1.47%	0.00%
2015	0.00%	0.46%
2014	0.00%	1.49%
2008	0.00%	6.27%
2007	0.00%	1.45%