BNDC vs. XLP
Compare and contrast key facts about FlexShares Core Select Bond Fund (BNDC) and Consumer Staples Select Sector SPDR Fund (XLP).
BNDC and XLP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BNDC is an actively managed fund by Northern Trust. It was launched on Nov 18, 2016. XLP is a passively managed fund by State Street that tracks the performance of the Consumer Staples Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BNDC or XLP.
Key characteristics
| BNDC | XLP | |
|---|---|---|
| YTD Return | 1.17% | 14.22% |
| 1Y Return | 7.66% | 19.83% |
| 3Y Return (Ann) | -2.74% | 6.22% |
| 5Y Return (Ann) | -0.27% | 8.50% |
| Sharpe Ratio | 1.28 | 1.98 |
| Sortino Ratio | 1.90 | 2.82 |
| Omega Ratio | 1.22 | 1.34 |
| Calmar Ratio | 0.48 | 1.90 |
| Martin Ratio | 4.41 | 12.55 |
| Ulcer Index | 1.74% | 1.61% |
| Daily Std Dev | 6.00% | 10.20% |
| Max Drawdown | -18.79% | -35.89% |
| Current Drawdown | -9.67% | -3.80% |
Correlation
The correlation between BNDC and XLP is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BNDC vs. XLP - Performance Comparison
In the year-to-date period, BNDC achieves a 1.17% return, which is significantly lower than XLP's 14.22% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BNDC vs. XLP - Expense Ratio Comparison
BNDC has a 0.35% expense ratio, which is higher than XLP's 0.13% expense ratio.
Risk-Adjusted Performance
BNDC vs. XLP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares Core Select Bond Fund (BNDC) and Consumer Staples Select Sector SPDR Fund (XLP). 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.
Dividends
BNDC vs. XLP - Dividend Comparison
BNDC's dividend yield for the trailing twelve months is around 3.68%, more than XLP's 2.62% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BNDC FlexShares Core Select Bond Fund | 3.68% | 3.20% | 2.65% | 1.73% | 2.61% | 2.88% | 2.86% | 2.50% | 0.64% | 0.00% | 0.00% | 0.00% |
XLP Consumer Staples Select Sector SPDR Fund | 2.62% | 2.63% | 2.47% | 2.28% | 2.50% | 2.57% | 3.04% | 2.62% | 2.53% | 2.53% | 2.40% | 2.39% |
Drawdowns
BNDC vs. XLP - Drawdown Comparison
The maximum BNDC drawdown since its inception was -18.79%, smaller than the maximum XLP drawdown of -35.89%. Use the drawdown chart below to compare losses from any high point for BNDC and XLP. For additional features, visit the drawdowns tool.
Volatility
BNDC vs. XLP - Volatility Comparison
The current volatility for FlexShares Core Select Bond Fund (BNDC) is 1.75%, while Consumer Staples Select Sector SPDR Fund (XLP) has a volatility of 2.95%. This indicates that BNDC experiences smaller price fluctuations and is considered to be less risky than XLP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.