BNDD vs. SPY
Compare and contrast key facts about Quadratic Deflation ETF (BNDD) and SPDR S&P 500 ETF (SPY).
BNDD and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BNDD is an actively managed fund by Quadratic. It was launched on Sep 16, 2021. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BNDD or SPY.
Correlation
The correlation between BNDD and SPY is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
BNDD vs. SPY - Performance Comparison
Key characteristics
BNDD:
-0.45
SPY:
1.87
BNDD:
-0.56
SPY:
2.52
BNDD:
0.93
SPY:
1.35
BNDD:
-0.22
SPY:
2.81
BNDD:
-1.14
SPY:
11.69
BNDD:
4.73%
SPY:
2.02%
BNDD:
11.94%
SPY:
12.65%
BNDD:
-27.15%
SPY:
-55.19%
BNDD:
-23.87%
SPY:
0.00%
Returns By Period
In the year-to-date period, BNDD achieves a -0.78% return, which is significantly lower than SPY's 4.58% return.
BNDD
-0.78%
0.04%
-8.64%
-4.93%
N/A
N/A
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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BNDD vs. SPY - Expense Ratio Comparison
BNDD has a 1.04% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
BNDD vs. SPY — Risk-Adjusted Performance Rank
BNDD
SPY
BNDD vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Quadratic Deflation ETF (BNDD) and SPDR S&P 500 ETF (SPY). 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
BNDD vs. SPY - Dividend Comparison
BNDD's dividend yield for the trailing twelve months is around 3.87%, more than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BNDD Quadratic Deflation ETF | 3.87% | 3.85% | 4.30% | 43.17% | 1.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
BNDD vs. SPY - Drawdown Comparison
The maximum BNDD drawdown since its inception was -27.15%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BNDD and SPY. For additional features, visit the drawdowns tool.
Volatility
BNDD vs. SPY - Volatility Comparison
Quadratic Deflation ETF (BNDD) has a higher volatility of 3.60% compared to SPDR S&P 500 ETF (SPY) at 3.00%. This indicates that BNDD's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.