MPBFX vs. DSPIX
Compare and contrast key facts about BNY Mellon Bond Fund (MPBFX) and BNY Mellon Institutional S&P 500 Stock Index Fund (DSPIX).
MPBFX is managed by BNY Mellon. It was launched on Oct 2, 2000. DSPIX is a passively managed fund by BNY Mellon that tracks the performance of the S&P 500 Index. It was launched on Sep 30, 1993.
Performance
MPBFX vs. DSPIX - Performance Comparison
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MPBFX vs. DSPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MPBFX BNY Mellon Bond Fund | -0.45% | 7.20% | 1.08% | 5.48% | -13.55% | -1.50% | 7.87% | 8.82% | -0.53% | 3.91% |
DSPIX BNY Mellon Institutional S&P 500 Stock Index Fund | -7.09% | 17.81% | 24.40% | 26.36% | -18.51% | 28.64% | 14.18% | 31.31% | -4.36% | 21.59% |
Returns By Period
In the year-to-date period, MPBFX achieves a -0.45% return, which is significantly higher than DSPIX's -7.09% return. Over the past 10 years, MPBFX has underperformed DSPIX with an annualized return of 1.59%, while DSPIX has yielded a comparatively higher 13.17% annualized return.
MPBFX
- 1D
- 0.46%
- 1M
- -2.14%
- YTD
- -0.45%
- 6M
- 0.48%
- 1Y
- 3.85%
- 3Y*
- 3.30%
- 5Y*
- -0.07%
- 10Y*
- 1.59%
DSPIX
- 1D
- -0.38%
- 1M
- -7.69%
- YTD
- -7.09%
- 6M
- -4.53%
- 1Y
- 14.39%
- 3Y*
- 17.00%
- 5Y*
- 11.19%
- 10Y*
- 13.17%
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MPBFX vs. DSPIX - Expense Ratio Comparison
MPBFX has a 0.55% expense ratio, which is higher than DSPIX's 0.20% expense ratio.
Return for Risk
MPBFX vs. DSPIX — Risk / Return Rank
MPBFX
DSPIX
MPBFX vs. DSPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Bond Fund (MPBFX) and BNY Mellon Institutional S&P 500 Stock Index Fund (DSPIX). 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.
| MPBFX | DSPIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.95 | 0.83 | +0.12 |
Sortino ratioReturn per unit of downside risk | 1.37 | 1.29 | +0.07 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.20 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.80 | 1.05 | +0.75 |
Martin ratioReturn relative to average drawdown | 5.19 | 5.11 | +0.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MPBFX | DSPIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.95 | 0.83 | +0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | 0.67 | -0.68 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | 0.73 | -0.40 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.84 | 0.55 | +0.29 |
Correlation
The correlation between MPBFX and DSPIX is -0.15. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
MPBFX vs. DSPIX - Dividend Comparison
MPBFX's dividend yield for the trailing twelve months is around 3.53%, less than DSPIX's 36.45% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MPBFX BNY Mellon Bond Fund | 3.53% | 3.82% | 3.70% | 3.17% | 2.86% | 2.33% | 4.64% | 2.87% | 3.00% | 2.89% | 3.12% | 2.77% |
DSPIX BNY Mellon Institutional S&P 500 Stock Index Fund | 36.45% | 33.86% | 27.60% | 27.46% | 18.33% | 12.91% | 1.15% | 5.01% | 6.33% | 2.53% | 2.91% | 2.63% |
Drawdowns
MPBFX vs. DSPIX - Drawdown Comparison
The maximum MPBFX drawdown since its inception was -18.40%, smaller than the maximum DSPIX drawdown of -55.32%. Use the drawdown chart below to compare losses from any high point for MPBFX and DSPIX.
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Drawdown Indicators
| MPBFX | DSPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.40% | -55.32% | +36.92% |
Max Drawdown (1Y)Largest decline over 1 year | -2.58% | -12.15% | +9.57% |
Max Drawdown (5Y)Largest decline over 5 years | -18.40% | -24.62% | +6.22% |
Max Drawdown (10Y)Largest decline over 10 years | -18.40% | -33.79% | +15.39% |
Current DrawdownCurrent decline from peak | -3.18% | -8.92% | +5.74% |
Average DrawdownAverage peak-to-trough decline | -2.40% | -9.32% | +6.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.90% | 2.50% | -1.60% |
Volatility
MPBFX vs. DSPIX - Volatility Comparison
The current volatility for BNY Mellon Bond Fund (MPBFX) is 1.60%, while BNY Mellon Institutional S&P 500 Stock Index Fund (DSPIX) has a volatility of 4.24%. This indicates that MPBFX experiences smaller price fluctuations and is considered to be less risky than DSPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MPBFX | DSPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.60% | 4.24% | -2.64% |
Volatility (6M)Calculated over the trailing 6-month period | 2.50% | 9.11% | -6.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.21% | 18.18% | -13.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.83% | 16.89% | -11.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.82% | 17.99% | -13.17% |