BAMO vs. SPLS

Last updated Aug 1, 2026

BAMO (Brookstone Opportunities ETF) and SPLS (PIMCO U.S. Stocks PLUS Active Bond ETF) are both Diversified Portfolio funds. Both are actively managed. Their 0.97 correlation means they have historically moved very closely together. BAMO charges 1.30%/yr vs 0.18%/yr for SPLS.

Performance

BAMO vs. SPLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brookstone Opportunities ETF (BAMO) and PIMCO U.S. Stocks PLUS Active Bond ETF (SPLS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BAMO

• 1D: 0.53%
• 1M: 0.09%
• 6M: 5.44%
• YTD: 6.40%
• 1Y: 12.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.47%

SPLS

• 1D: 0.90%
• 1M: 0.64%
• 6M: 9.21%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BAMO Brookstone Opportunities ETF	$152.39K	$173.48K	$172.82K
SPLS PIMCO U.S. Stocks PLUS Active Bond ETF	$87.41K	$186.29K	$302.92K

BAMO vs. SPLS - Yearly Performance Comparison

	2026 (YTD)
BAMO Brookstone Opportunities ETF	5.25%
SPLS PIMCO U.S. Stocks PLUS Active Bond ETF	9.06%

Correlation

The correlation between BAMO and SPLS is 0.97 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 16, 2026	0.97

Return for Risk

BAMO vs. SPLS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BAMO

BAMO Risk / Return Rank: 74
BAMO Sharpe Ratio Rank: 75
BAMO Sortino Ratio Rank: 77
BAMO Omega Ratio Rank: 77
BAMO Calmar Ratio Rank: 63
BAMO Martin Ratio Rank: 78

SPLS

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BAMO vs. SPLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brookstone Opportunities ETF (BAMO) and PIMCO U.S. Stocks PLUS Active Bond ETF (SPLS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BAMO	SPLS	Difference
Sharpe ratio: Return per unit of total volatility	1.74	—	—
Sortino ratio: Return per unit of downside risk	2.52	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	2.23	—	—
Martin ratio: Return relative to average drawdown	9.99	—	—

Drawdowns

BAMO vs. SPLS - Drawdown Comparison

The maximum BAMO drawdown since its inception was -12.72%, which is greater than SPLS's maximum drawdown of -9.24%. Use the drawdown chart below to compare losses from any high point for BAMO and SPLS.

Drawdown Indicators

	BAMO	SPLS	Difference
Max Drawdown Largest peak-to-trough decline	-12.72%	-9.24%	-3.48%
Max Drawdown (1Y) Largest decline over 1 year	-5.45%	—	—
Current Drawdown Current decline from peak	-0.40%	-0.95%	+0.55%
Average Drawdown Average peak-to-trough decline	-1.23%	-1.83%	+0.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.22%	—	—

Volatility

Volatility by Period

	BAMO	SPLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.18%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.94%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.98%	15.02%	-8.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.49%	15.02%	-5.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.49%	15.02%	-5.53%

BAMO vs. SPLS - Expense Ratio Comparison

BAMO has a 1.30% expense ratio, which is higher than SPLS's 0.18% expense ratio.

Dividends

BAMO vs. SPLS - Dividend Comparison

BAMO's dividend yield for the trailing twelve months is around 1.45%, more than SPLS's 0.55% yield.

Position	TTM	2025	2024	2023
BAMO Brookstone Opportunities ETF	1.45%	1.54%	1.58%	0.48%
SPLS PIMCO U.S. Stocks PLUS Active Bond ETF	0.55%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BAMO and SPLS in my portfolio?

With a correlation of 0.97, BAMO and SPLS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, BAMO or SPLS?

On fees, SPLS is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BAMO or SPLS?

SPLS is cheaper with a 0.18% expense ratio, compared with 1.30% for BAMO.

Which ETF pays a higher dividend yield, BAMO or SPLS?

BAMO has the higher dividend yield at 1.45%, compared with 0.55% for SPLS.

What is the main difference between BAMO and SPLS?

They also come from different issuers: Brookstone and PIMCO. Their fees differ too: 1.30% for BAMO and 0.18% for SPLS.