HYBL vs. VCRB
Compare and contrast key facts about SPDR Blackstone High Income ETF (HYBL) and Vanguard Core Bond ETF (VCRB).
HYBL and VCRB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYBL is an actively managed fund by SPDR. It was launched on Feb 16, 2022. VCRB is an actively managed fund by Vanguard. It was launched on Dec 14, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HYBL or VCRB.
Key characteristics
| HYBL | VCRB | |
|---|---|---|
| YTD Return | 7.00% | 5.74% |
| Daily Std Dev | 3.23% | 5.35% |
| Max Drawdown | -8.46% | -3.34% |
| Current Drawdown | 0.00% | -0.13% |
Correlation
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 7.00% return, which is significantly higher than VCRB's 5.74% 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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HYBL vs. VCRB - Expense Ratio Comparison
HYBL has a 0.70% expense ratio, which is higher than VCRB's 0.10% expense ratio.
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.
Not enough dataDividends
HYBL vs. VCRB - Dividend Comparison
HYBL's dividend yield for the trailing twelve months is around 8.22%, more than VCRB's 2.73% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
HYBL SPDR Blackstone High Income ETF | 8.22% | 7.93% | 5.10% |
VCRB Vanguard Core Bond ETF | 2.73% | 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 -3.34%. Use the drawdown chart below to compare losses from any high point for HYBL and VCRB. For additional features, visit the drawdowns tool.
Volatility
HYBL vs. VCRB - Volatility Comparison
The current volatility for SPDR Blackstone High Income ETF (HYBL) is 0.53%, while Vanguard Core Bond ETF (VCRB) has a volatility of 1.07%. 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.