PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
HYBL vs. VCRB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


HYBLVCRB
YTD Return8.51%3.02%
Daily Std Dev2.84%5.32%
Max Drawdown-8.46%-3.42%
Current Drawdown-0.04%-2.70%

Correlation

-0.50.00.51.00.4

The correlation between HYBL and VCRB is 0.39, 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

HYBL vs. VCRB - Performance Comparison

In the year-to-date period, HYBL achieves a 8.51% return, which is significantly higher than VCRB's 3.02% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
5.43%
4.19%
HYBL
VCRB

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


HYBL vs. VCRB - Expense Ratio Comparison

HYBL has a 0.70% expense ratio, which is higher than VCRB's 0.10% expense ratio.


HYBL
SPDR Blackstone High Income ETF
Expense ratio chart for HYBL: current value at 0.70% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.70%
Expense ratio chart for VCRB: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%

Risk-Adjusted Performance

HYBL vs. VCRB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Blackstone High Income ETF (HYBL) and Vanguard Core Bond ETF (VCRB). 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.


HYBL
Sharpe ratio
The chart of Sharpe ratio for HYBL, currently valued at 4.66, compared to the broader market-2.000.002.004.006.004.66
Sortino ratio
The chart of Sortino ratio for HYBL, currently valued at 7.53, compared to the broader market0.005.0010.007.53
Omega ratio
The chart of Omega ratio for HYBL, currently valued at 2.10, compared to the broader market1.001.502.002.503.002.10
Calmar ratio
The chart of Calmar ratio for HYBL, currently valued at 10.68, compared to the broader market0.005.0010.0015.0010.68
Martin ratio
The chart of Martin ratio for HYBL, currently valued at 53.54, compared to the broader market0.0020.0040.0060.0080.00100.00120.0053.54
VCRB
Sharpe ratio
No data

HYBL vs. VCRB - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

HYBL vs. VCRB - Dividend Comparison

HYBL's dividend yield for the trailing twelve months is around 8.18%, more than VCRB's 3.46% yield.


TTM20232022
HYBL
SPDR Blackstone High Income ETF
8.18%7.93%5.10%
VCRB
Vanguard Core Bond ETF
3.46%0.16%0.00%

Drawdowns

HYBL vs. VCRB - Drawdown Comparison

The maximum HYBL drawdown since its inception was -8.46%, which is greater than VCRB's maximum drawdown of -3.42%. Use the drawdown chart below to compare losses from any high point for HYBL and VCRB. For additional features, visit the drawdowns tool.


-3.50%-3.00%-2.50%-2.00%-1.50%-1.00%-0.50%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.04%
-2.70%
HYBL
VCRB

Volatility

HYBL vs. VCRB - Volatility Comparison

The current volatility for SPDR Blackstone High Income ETF (HYBL) is 0.56%, while Vanguard Core Bond ETF (VCRB) has a volatility of 1.62%. This indicates that HYBL experiences smaller price fluctuations and is considered to be less risky than VCRB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.40%0.60%0.80%1.00%1.20%1.40%1.60%1.80%JuneJulyAugustSeptemberOctoberNovember
0.56%
1.62%
HYBL
VCRB