ETF Evaluator:
FolioBeyond Enhanced Fixed Inc Prm ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Multisector Bond Over the Last Year
| 7.3% | Eaton Vance Income Opportunities ETF (XAGG) |
| 7.1% | Bluemonte Diversified Income ETF (BLUI) |
| 7.0% | Rareview Dynamic Fixed Income ETF (RDFI) |
| 6.3% | FolioBeyond Enhanced Fixed Inc Prm ETF (FIXP) |
| 5.6% | Neuberger Flexible Credit Income ETF (NBFC) |
Risk
Index
Risk
Index
ETF Details
FolioBeyond Enhanced Fixed Inc Prm ETF Overview
FolioBeyond Enhanced Fixed Inc Prm ETF (FIXP) is an actively managed Taxable Bond Multisector Bond exchange-traded fund (ETF). FolioBeyond launched the ETF in 2025.
The investment seeks to provide income and, secondarily, long-term capital appreciation.
The fund is an actively managed exchange-traded fund (“ETF”) that seeks to generate current income and long-term capital appreciation by investing in a portfolio of ETFs representing certain sectors of the fixed-income market (“Bond Sector ETFs”), both directly and indirectly through option overlays. The fund uses the FolioBeyond Fixed Income Model (the “FB Model”) to select its Bond Sector ETFs.
About FolioBeyond Enhanced Fixed Inc Prm ETF (FIXP)
There are 3 members of the management team with an average tenure of 1.52 years: Yung Lim (2025), Dean Smith (2025) and Christopher Mullen (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
FolioBeyond Enhanced Fixed Inc Prm ETF has 8 securities in its portfolio. The top 10 holdings constitute 99.9% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
FolioBeyond Enhanced Fixed Inc Prm ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. FolioBeyond Enhanced Fixed Inc Prm ETF has 4.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 9.8% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 85.6% (81.3% domestic bond, 4.3% foreign bond and 0.0% convertible bond). FolioBeyond Enhanced Fixed Inc Prm ETF has 4.3% of the portfolio in cash.
Assets Under Management
The fund has $9 million in total assets, which is below the $1 billion average for the Multisector Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
FIXP Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The FolioBeyond Enhanced Fixed Inc Prm ETF expense ratio is high compared to funds in the Multisector Bond category. FolioBeyond Enhanced Fixed Inc Prm ETF has an expense ratio of 1.01%, which is 55% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. FolioBeyond Enhanced Fixed Inc Prm ETF has a portfolio turnover rate of 103%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 163% for the Multisector Bond category.
Recently, in the month of July 2026, FolioBeyond Enhanced Fixed Inc Prm ETF returned 0.1%, which earned it a grade of A, as the Multisector Bond category had an average return of -0.5%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
FolioBeyond Enhanced Fixed Inc Prm ETF has a trailing yield of 5.18%, which is below the 5.63% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
FolioBeyond Enhanced Fixed Inc Prm ETF Grades
Year to date, the ETF has returned 2.1%, 0.8 percentage points better than the category, which translates into a grade of A. The fund has returned 6.3% over the past year (grade of A).
For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.
Otherwise, for more information about FolioBeyond Enhanced Fixed Inc Prm ETF, including its riskiness, submit your email to unlock the rest of the article.
Gain access to exclusive AAII member-only content.
FIXP Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FIXP Return (NAV) | 0.1% | 0.5% | 6.3% | na | na | na |
| FIXP Return (Price) | 0.1% | 0.6% | 6.5% | na | na | na |
| NAV +/- Price Return | 0.035% | -0.038% | -0.158% | na | na | na |
| Multisector Bond Avg | -0.5% | 0.3% | 4.5% | 6.2% | 1.8% | 3.1% |
| FIXP Grade (NAV) | A | B | A | na | na | na |
| +/- Category (NAV) | 0.6% | 0.3% | 1.8% | na | na | na |
| FIXP Tax-Cost Ratio | na | na | 2.1% | na | na | na |
FIXP Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FIXP Return (NAV) | 2.1% | na | na | na | na | na | na | na | na | na | na |
| FIXP Return (Price) | 2.3% | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.119% | na | na | na | na | na | na | na | na | na | na |
| Multisector Bond Avg | 1.3% | 7.6% | 5.5% | 8.2% | -10.8% | 3.0% | 4.7% | 10.6% | -1.8% | 5.9% | 7.4% |
| FIXP Grade (NAV) | A | na | na | na | na | na | na | na | na | na | na |
| +/- Category | 0.8% | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 5.2% |
| Total Assets: | $ 10 Mil |
| Share Class Assets: | $ 10 Mil |
| Turnover: | 103.0% |
| Expense Ratio: | 1.01% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 1.5 years | |||
| Average Tenure: 1.5 years | |||
| Managers (Year): Lim Yung (2025), Smith Dean (2025), Mullen Christopher (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 8 |
| % in Top 10 Holdings: | 99.9% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 4.3% |
Portfolio Allocation |
|
| Domestic Stock: | 9.8% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 81.3% |
| Foreign Bond: | 4.3% |
| Convertible Bond: | 0.0% |
| Other: | 0.4% |
| Cash: | 4.3% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | FolioBeyond |
| Phone Number: | 866-497-4963 |
| Website: | |
| Inception Date: | January 22, 2025 |
Expenses and Fees
| Expense Ratio (%): | 1.01% (Rating: High) |
| Category Average Expense Ratio (%): | 0.65% |
