MBB vs. TMRAF
MBB (iShares MBS Bond ETF) is Mortgage Backed Securities fund tracking the Barclays Capital U.S. MBS Index, while TMRAF (Tomra Systems ASA) is a stock. Over the past 10 years, MBB returned 1.31%/yr vs 13.73%/yr for TMRAF. At a 0.01 correlation, their price movements are largely independent.
Performance
MBB vs. TMRAF - Performance Comparison
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Returns By Period
In the year-to-date period, MBB achieves a 0.86% return, which is significantly higher than TMRAF's -25.86% return. Over the past 10 years, MBB has underperformed TMRAF with an annualized return of 1.31%, while TMRAF has yielded a comparatively higher 13.73% annualized return.
MBB
- 1D
- -0.15%
- 1M
- 1.22%
- YTD
- 0.86%
- 6M
- 1.51%
- 1Y
- 6.41%
- 3Y*
- 4.55%
- 5Y*
- 0.38%
- 10Y*
- 1.31%
TMRAF
- 1D
- 0.00%
- 1M
- 10.49%
- YTD
- -25.86%
- 6M
- -21.73%
- 1Y
- -41.87%
- 3Y*
- -12.60%
- 5Y*
- -9.33%
- 10Y*
- 13.73%
MBB vs. TMRAF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MBB iShares MBS Bond ETF | 0.86% | 8.38% | 1.31% | 5.01% | -11.74% | -1.43% | 4.08% | 6.18% | 0.82% | 2.49% |
TMRAF Tomra Systems ASA | -25.86% | 7.13% | 13.87% | -32.05% | -27.02% | 50.97% | 51.54% | 46.27% | 48.12% | 82.30% |
Correlation
The correlation between MBB and TMRAF is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Aug 10, 2007 | 0.01 |
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Return for Risk
MBB vs. TMRAF — Risk / Return Rank
MBB
TMRAF
MBB vs. TMRAF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MBS Bond ETF (MBB) and Tomra Systems ASA (TMRAF). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MBB | TMRAF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.14 | ||
| Sortino ratioReturn per unit of downside risk | +2.97 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.81 | +0.43 |
| Calmar ratioReturn relative to maximum drawdown | 2.01 | -0.89 | +2.89 |
| Martin ratioReturn relative to average drawdown | 6.39 | -1.62 | +8.02 |
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Drawdowns
MBB vs. TMRAF - Drawdown Comparison
The maximum MBB drawdown since its inception was -17.64%, smaller than the maximum TMRAF drawdown of -71.64%. Use the drawdown chart below to compare losses from any high point for MBB and TMRAF.
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Drawdown Indicators
| MBB | TMRAF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.64% | -71.64% | +54.00% |
Max Drawdown (1Y)Largest decline over 1 year | -2.94% | -47.39% | +44.45% |
Max Drawdown (3Y)Largest decline over 3 years | -7.68% | -56.94% | +49.26% |
Max Drawdown (5Y)Largest decline over 5 years | -17.19% | -71.64% | +54.45% |
Max Drawdown (10Y)Largest decline over 10 years | -17.64% | -71.64% | +54.00% |
Current DrawdownCurrent decline from peak | -1.24% | -59.80% | +58.56% |
Average DrawdownAverage peak-to-trough decline | -2.35% | -20.67% | +18.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 25.82% | -24.90% |
Volatility
MBB vs. TMRAF - Volatility Comparison
The current volatility for iShares MBS Bond ETF (MBB) is 1.58%, while Tomra Systems ASA (TMRAF) has a volatility of 19.08%. This indicates that MBB experiences smaller price fluctuations and is considered to be less risky than TMRAF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MBB | TMRAF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.58% | 19.08% | -17.50% |
Volatility (6M)Calculated over the trailing 6-month period | 3.28% | 40.28% | -37.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.46% | 52.03% | -47.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.82% | 58.61% | -51.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.31% | 49.87% | -44.56% |
Dividends
MBB vs. TMRAF - Dividend Comparison
MBB's dividend yield for the trailing twelve months is around 4.26%, more than TMRAF's 0.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MBB iShares MBS Bond ETF | 4.26% | 4.21% | 3.94% | 3.40% | 2.31% | 1.05% | 2.10% | 2.77% | 2.64% | 2.23% | 2.58% | 2.66% |
TMRAF Tomra Systems ASA | 0.23% | 1.55% | 1.39% | 1.49% | 1.94% | 1.01% | 0.62% | 1.62% | 4.28% | 13.33% | 0.00% | 0.00% |
Frequently Asked Questions
MBB and TMRAF have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TMRAF has higher volatility (19.08%) compared to MBB (1.58%). In terms of maximum drawdown, MBB dropped -17.64% vs TMRAF's -71.64%.
MBB currently has the higher Sharpe Ratio (1.33 vs -0.81), 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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