CCRP vs. SPLB
CCRP (Columbia Corporate Bond ETF) and SPLB (SPDR Portfolio Long Term Corporate Bond ETF) are both Corporate Bonds funds. CCRP is actively managed, while SPLB is passively managed. Their correlation of 0.92 suggests significant overlap in exposure. CCRP charges 0.18%/yr vs 0.07%/yr for SPLB.
Performance
CCRP vs. SPLB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CCRP achieves a 0.06% return, which is significantly higher than SPLB's -0.49% return.
CCRP
- 1D
- -0.08%
- 1M
- -0.86%
- 6M
- -0.24%
- YTD
- 0.06%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SPLB
- 1D
- -0.05%
- 1M
- -2.01%
- 6M
- -1.71%
- YTD
- -0.49%
- 1Y
- 4.83%
- 3Y*
- 3.50%
- 5Y*
- -2.93%
- 10Y*
- 1.64%
CCRP vs. SPLB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CCRP Columbia Corporate Bond ETF | 0.06% | -0.30% |
SPLB SPDR Portfolio Long Term Corporate Bond ETF | -0.49% | -0.80% |
Correlation
The correlation between CCRP and SPLB is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 11, 2025 | 0.92 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CCRP vs. SPLB — Risk / Return Rank
CCRP
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SPLB
CCRP vs. SPLB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Corporate Bond ETF (CCRP) and SPDR Portfolio Long Term Corporate Bond ETF (SPLB). 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.
| CCRP | SPLB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.11 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.89 | — |
| Martin ratioReturn relative to average drawdown | — | 2.12 | — |
Loading charts...
Drawdowns
CCRP vs. SPLB - Drawdown Comparison
The maximum CCRP drawdown since its inception was -2.72%, smaller than the maximum SPLB drawdown of -34.46%. Use the drawdown chart below to compare losses from any high point for CCRP and SPLB.
Loading charts...
Drawdown Indicators
| CCRP | SPLB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.72% | -34.46% | +31.74% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.42% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -12.91% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.46% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.46% | — |
Current DrawdownCurrent decline from peak | -1.48% | -15.73% | +14.25% |
Average DrawdownAverage peak-to-trough decline | -0.87% | -8.05% | +7.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.28% | — |
Volatility
CCRP vs. SPLB - Volatility Comparison
Loading charts...
Volatility by Period
| CCRP | SPLB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.06% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 6.07% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.72% | 7.86% | -3.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.72% | 12.69% | -7.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.72% | 12.92% | -8.20% |
CCRP vs. SPLB - Expense Ratio Comparison
CCRP has a 0.18% expense ratio, which is higher than SPLB's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
CCRP vs. SPLB - Dividend Comparison
CCRP's dividend yield for the trailing twelve months is around 2.43%, less than SPLB's 5.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCRP Columbia Corporate Bond ETF | 2.43% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPLB SPDR Portfolio Long Term Corporate Bond ETF | 5.48% | 5.25% | 5.20% | 4.60% | 4.53% | 3.00% | 3.01% | 3.79% | 4.50% | 4.06% | 4.34% | 4.70% |
Frequently Asked Questions
With a correlation of 0.92, CCRP and SPLB 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.
On fees, SPLB is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPLB is cheaper with a 0.07% expense ratio, compared with 0.18% for CCRP.
SPLB has the higher dividend yield at 5.48%, compared with 2.43% for CCRP.
They also come from different issuers: Columbia Threadneedle and State Street. Their fees differ too: 0.18% for CCRP and 0.07% for SPLB.
Find the right allocation for CCRP and SPLB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer