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HYBL vs. VCRB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HYBL and VCRB is 0.15, 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

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Blackstone High Income ETF (HYBL) and Vanguard Core Bond ETF (VCRB). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

HYBL:

1.65

VCRB:

0.96

Sortino Ratio

HYBL:

2.56

VCRB:

1.54

Omega Ratio

HYBL:

1.46

VCRB:

1.18

Calmar Ratio

HYBL:

1.90

VCRB:

1.22

Martin Ratio

HYBL:

10.73

VCRB:

2.94

Ulcer Index

HYBL:

0.77%

VCRB:

1.91%

Daily Std Dev

HYBL:

4.66%

VCRB:

5.30%

Max Drawdown

HYBL:

-8.46%

VCRB:

-4.59%

Current Drawdown

HYBL:

0.00%

VCRB:

-1.64%

Returns By Period

In the year-to-date period, HYBL achieves a 2.05% return, which is significantly lower than VCRB's 2.17% return.


HYBL

YTD

2.05%

1M

2.90%

6M

2.85%

1Y

7.73%

5Y*

N/A

10Y*

N/A

VCRB

YTD

2.17%

1M

0.16%

6M

1.99%

1Y

5.28%

5Y*

N/A

10Y*

N/A

*Annualized

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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 Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HYBL
The Risk-Adjusted Performance Rank of HYBL is 9494
Overall Rank
The Sharpe Ratio Rank of HYBL is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of HYBL is 9494
Sortino Ratio Rank
The Omega Ratio Rank of HYBL is 9696
Omega Ratio Rank
The Calmar Ratio Rank of HYBL is 9393
Calmar Ratio Rank
The Martin Ratio Rank of HYBL is 9494
Martin Ratio Rank

VCRB
The Risk-Adjusted Performance Rank of VCRB is 7878
Overall Rank
The Sharpe Ratio Rank of VCRB is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of VCRB is 8282
Sortino Ratio Rank
The Omega Ratio Rank of VCRB is 7474
Omega Ratio Rank
The Calmar Ratio Rank of VCRB is 8585
Calmar Ratio Rank
The Martin Ratio Rank of VCRB is 7070
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current HYBL Sharpe Ratio is 1.65, which is higher than the VCRB Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of HYBL and VCRB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

HYBL vs. VCRB - Dividend Comparison

HYBL's dividend yield for the trailing twelve months is around 7.65%, more than VCRB's 4.34% yield.


TTM202420232022
HYBL
SPDR Blackstone High Income ETF
7.65%7.88%7.93%5.10%
VCRB
Vanguard Core Bond ETF
4.34%4.22%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 -4.59%. Use the drawdown chart below to compare losses from any high point for HYBL and VCRB. For additional features, visit the drawdowns tool.


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Volatility

HYBL vs. VCRB - Volatility Comparison

The current volatility for SPDR Blackstone High Income ETF (HYBL) is 1.45%, while Vanguard Core Bond ETF (VCRB) has a volatility of 1.64%. 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.


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