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FISR vs. FIBR
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FISR vs. FIBR

Last updated Jun 4, 2026

FISR (SPDR SSGA Fixed Income Sector Rotation ETF) and FIBR (iShares U.S. Fixed Income Balanced Risk Systematic ETF) are both Intermediate Core-Plus Bond funds. FISR is actively managed, while FIBR is passively managed. Over the past 5 years, FISR returned -0.78%/yr vs 1.54%/yr for FIBR. A 0.78 correlation means they provide meaningful diversification when combined. FISR charges 0.50%/yr vs 0.25%/yr for FIBR.

Performance

FISR vs. FIBR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR SSGA Fixed Income Sector Rotation ETF (FISR) and iShares U.S. Fixed Income Balanced Risk Systematic ETF (FIBR). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FISR achieves a -0.13% return, which is significantly lower than FIBR's 0.06% return.

FISR

1D
-0.39%
1M
0.21%
YTD
-0.13%
6M
-0.33%
1Y
4.75%
3Y*
3.27%
5Y*
-0.78%
10Y*
—

FIBR

1D
-0.27%
1M
0.22%
YTD
0.06%
6M
-0.05%
1Y
5.34%
3Y*
6.70%
5Y*
1.54%
10Y*
2.28%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FISR vs. FIBR - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
FISR
SPDR SSGA Fixed Income Sector Rotation ETF		-0.13%6.32%1.01%5.28%-15.73%-1.70%5.86%6.81%
FIBR
iShares U.S. Fixed Income Balanced Risk Systematic ETF		0.06%8.32%6.04%8.22%-13.57%-1.00%3.31%5.51%

Correlation

The correlation between FISR and FIBR is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.85

Correlation (3Y)
Calculated over the trailing 3-year period

0.81

Correlation (5Y)
Calculated over the trailing 5-year period

0.82

Correlation (All Time)
Calculated using the full available price history since Apr 4, 2019

0.78

The correlation between FISR and FIBR has been stable across timeframes, ranging from 0.78 to 0.85 - a consistent structural relationship.

FISR vs. FIBR - Sectors Allocation Comparison

Sectors
FISR
FIBR

Financial Services

100.0%

-

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

100.0%

Healthcare

-

-

Industrials

-

-

Real Estate

-

-

Technology

-

-

Utilities

-

-

Financial Services

FISR
100.0%
FIBR

-

Basic Materials

FISR

-

FIBR

-

Communication Services

FISR

-

FIBR

-

Consumer Cyclical

FISR

-

FIBR

-

Consumer Defensive

FISR

-

FIBR

-

Energy

FISR

-

FIBR
100.0%

Healthcare

FISR

-

FIBR

-

Industrials

FISR

-

FIBR

-

Real Estate

FISR

-

FIBR

-

Technology

FISR

-

FIBR

-

Utilities

FISR

-

FIBR

-

Compare stocks, funds, or ETFs

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SPDR SSGA Fixed Income Sector Rotation ETF

iShares U.S. Fixed Income Balanced Risk Systematic ETF

Often compared with FISR:
FISR vs. XLSRFISR vs. FDFIXFISR vs. SPHYFISR vs. ULSTFISR vs. SCHDFISR vs. SPYFISR vs. PYLD
Often compared with FIBR:
FIBR vs. CGBLFIBR vs. EAGGFIBR vs. ISTBFIBR vs. FDHYFIBR vs. RAVIFIBR vs. AGGFIBR vs. BIL

Return for Risk

FISR vs. FIBR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FISR
FISR Risk / Return Rank: 3030
Overall Rank
FISR Sharpe Ratio Rank: 3030
Sharpe Ratio Rank
FISR Sortino Ratio Rank: 3030
Sortino Ratio Rank
FISR Omega Ratio Rank: 2828
Omega Ratio Rank
FISR Calmar Ratio Rank: 3232
Calmar Ratio Rank
FISR Martin Ratio Rank: 3131
Martin Ratio Rank
FIBR
FIBR Risk / Return Rank: 3838
Overall Rank
FIBR Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
FIBR Sortino Ratio Rank: 3939
Sortino Ratio Rank
FIBR Omega Ratio Rank: 3939
Omega Ratio Rank
FIBR Calmar Ratio Rank: 3636
Calmar Ratio Rank
FIBR Martin Ratio Rank: 3636
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FISR vs. FIBR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR SSGA Fixed Income Sector Rotation ETF (FISR) and iShares U.S. Fixed Income Balanced Risk Systematic ETF (FIBR). 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.

FISRFIBRDifference
Sharpe ratioReturn per unit of total volatility
1.09
1.41

-0.32

Sortino ratioReturn per unit of downside risk
1.62
2.02

-0.40

Omega ratioGain probability vs. loss probability

1.19

1.26

-0.07

Calmar ratioReturn relative to maximum drawdown

1.56

1.79

-0.24

Martin ratioReturn relative to average drawdown

4.53

5.50

-0.97

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FISR vs. FIBR - Sharpe Ratio Comparison

The current FISR Sharpe Ratio is 1.09, which is comparable to the FIBR Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of FISR and FIBR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

FISRFIBRDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.09

1.41

-0.32

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.12

0.27

-0.39

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.46

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.12

0.50

-0.38

Drawdowns

FISR vs. FIBR - Drawdown Comparison

The maximum FISR drawdown since its inception was -20.27%, which is greater than FIBR's maximum drawdown of -18.47%. Use the drawdown chart below to compare losses from any high point for FISR and FIBR.

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Drawdown Indicators

FISRFIBRDifference

Max Drawdown

Largest peak-to-trough decline

-20.27%

-18.47%

-1.80%

Max Drawdown (1Y)

Largest decline over 1 year

-3.06%

-2.99%

-0.07%

Max Drawdown (3Y)

Largest decline over 3 years

-6.60%

-3.08%

-3.52%

Max Drawdown (5Y)

Largest decline over 5 years

-20.10%

-18.47%

-1.63%

Max Drawdown (10Y)

Largest decline over 10 years

—

-18.47%

—

Current Drawdown

Current decline from peak

-6.48%

-1.79%

-4.69%

Average Drawdown

Average peak-to-trough decline

-7.70%

-3.27%

-4.43%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.05%

0.97%

+0.08%

Volatility

FISR vs. FIBR - Volatility Comparison

SPDR SSGA Fixed Income Sector Rotation ETF (FISR) and iShares U.S. Fixed Income Balanced Risk Systematic ETF (FIBR) have volatilities of 1.44% and 1.40%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FISRFIBRDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.44%

1.40%

+0.04%

Volatility (6M)

Calculated over the trailing 6-month period

3.22%

3.10%

+0.12%

Volatility (1Y)

Calculated over the trailing 1-year period

4.36%

3.80%

+0.56%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.59%

5.63%

+0.96%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.35%

4.95%

+1.40%

FISR vs. FIBR - Expense Ratio Comparison

FISR has a 0.50% expense ratio, which is higher than FIBR's 0.25% expense ratio.

Dividends

FISR vs. FIBR - Dividend Comparison

FISR's dividend yield for the trailing twelve months is around 4.19%, less than FIBR's 4.62% yield.

PositionTTM20252024202320222021202020192018201720162015
FIBR
iShares U.S. Fixed Income Balanced Risk Systematic ETF		4.62%4.78%5.04%4.44%3.27%1.92%2.57%3.27%3.61%2.74%2.92%2.26%
FISR
SPDR SSGA Fixed Income Sector Rotation ETF		4.19%3.97%3.59%3.50%2.19%1.87%2.47%2.99%0.00%0.00%0.00%0.00%

Frequently Asked Questions

FISR and FIBR have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FISR has higher volatility (1.44%) compared to FIBR (1.40%). In terms of maximum drawdown, FISR dropped -20.27% vs FIBR's -18.47%.

On 5-year performance, FIBR leads with 1.54% vs -0.78% for FISR. On fees, FIBR is cheaper at 0.25% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, FIBR has performed better with a 1.54% return vs -0.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

FIBR is cheaper with a 0.25% expense ratio, compared with 0.50% for FISR.

FIBR has the higher dividend yield at 4.62%, compared with 4.19% for FISR.

They also come from different issuers: State Street and iShares. Their fees differ too: 0.50% for FISR and 0.25% for FIBR.

FIBR currently has the higher Sharpe Ratio (1.41 vs 1.09), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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