MBS vs. BIV
Compare and contrast key facts about Angel Oak Mortgage-Backed Securities ETF (MBS) and Vanguard Intermediate-Term Bond ETF (BIV).
MBS and BIV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MBS is an actively managed fund by Angel Oak. It was launched on Jun 4, 2021. BIV is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 5. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MBS or BIV.
Key characteristics
| MBS | BIV | |
|---|---|---|
| Daily Std Dev | 4.86% | 6.07% |
| Max Drawdown | -3.24% | -18.94% |
| Current Drawdown | -2.90% | -7.99% |
Correlation
The correlation between MBS and BIV is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MBS vs. BIV - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MBS vs. BIV - Expense Ratio Comparison
MBS has a 0.49% expense ratio, which is higher than BIV's 0.04% expense ratio.
Risk-Adjusted Performance
MBS vs. BIV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Angel Oak Mortgage-Backed Securities ETF (MBS) and Vanguard Intermediate-Term Bond ETF (BIV). 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
MBS vs. BIV - Dividend Comparison
MBS's dividend yield for the trailing twelve months is around 3.66%, which matches BIV's 3.66% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MBS Angel Oak Mortgage-Backed Securities ETF | 3.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BIV Vanguard Intermediate-Term Bond ETF | 3.66% | 3.10% | 2.41% | 3.42% | 2.96% | 2.75% | 2.87% | 2.69% | 2.38% | 3.02% | 3.96% | 4.21% |
Drawdowns
MBS vs. BIV - Drawdown Comparison
The maximum MBS drawdown since its inception was -3.24%, smaller than the maximum BIV drawdown of -18.94%. Use the drawdown chart below to compare losses from any high point for MBS and BIV. For additional features, visit the drawdowns tool.
Volatility
MBS vs. BIV - Volatility Comparison
The current volatility for Angel Oak Mortgage-Backed Securities ETF (MBS) is 1.27%, while Vanguard Intermediate-Term Bond ETF (BIV) has a volatility of 1.65%. This indicates that MBS experiences smaller price fluctuations and is considered to be less risky than BIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.