IUSB vs. SPY
Compare and contrast key facts about iShares Core Total USD Bond Market ETF (IUSB) and SPDR S&P 500 ETF (SPY).
IUSB and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IUSB is a passively managed fund by iShares that tracks the performance of the Barclays U.S. Universal Index. It was launched on Jun 10, 2014. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both IUSB and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IUSB or SPY.
Key characteristics
| IUSB | SPY | |
|---|---|---|
| YTD Return | 2.12% | 24.40% |
| 1Y Return | 7.22% | 31.86% |
| 3Y Return (Ann) | -1.76% | 9.29% |
| 5Y Return (Ann) | 0.10% | 15.23% |
| 10Y Return (Ann) | 1.73% | 13.04% |
| Sharpe Ratio | 1.44 | 2.64 |
| Sortino Ratio | 2.13 | 3.53 |
| Omega Ratio | 1.26 | 1.49 |
| Calmar Ratio | 0.59 | 3.81 |
| Martin Ratio | 5.21 | 17.21 |
| Ulcer Index | 1.50% | 1.86% |
| Daily Std Dev | 5.43% | 12.15% |
| Max Drawdown | -17.98% | -55.19% |
| Current Drawdown | -7.01% | -2.17% |
Correlation
The correlation between IUSB and SPY is 0.04, 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
IUSB vs. SPY - Performance Comparison
In the year-to-date period, IUSB achieves a 2.12% return, which is significantly lower than SPY's 24.40% return. Over the past 10 years, IUSB has underperformed SPY with an annualized return of 1.73%, while SPY has yielded a comparatively higher 13.04% annualized 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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IUSB vs. SPY - Expense Ratio Comparison
IUSB has a 0.06% expense ratio, which is lower than SPY's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
IUSB vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Total USD Bond Market ETF (IUSB) and SPDR S&P 500 ETF (SPY). 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.
Dividends
IUSB vs. SPY - Dividend Comparison
IUSB's dividend yield for the trailing twelve months is around 3.94%, more than SPY's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IUSB iShares Core Total USD Bond Market ETF | 3.94% | 3.46% | 2.53% | 1.74% | 2.45% | 3.04% | 2.98% | 2.56% | 2.60% | 1.95% | 1.39% | 0.00% |
SPY SPDR S&P 500 ETF | 1.20% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
IUSB vs. SPY - Drawdown Comparison
The maximum IUSB drawdown since its inception was -17.98%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for IUSB and SPY. For additional features, visit the drawdowns tool.
Volatility
IUSB vs. SPY - Volatility Comparison
The current volatility for iShares Core Total USD Bond Market ETF (IUSB) is 1.54%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.08%. This indicates that IUSB experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.