OBLG vs. BOND
Compare and contrast key facts about Oblong Inc. (OBLG) and PIMCO Active Bond ETF (BOND).
BOND is an actively managed fund by PIMCO. It was launched on Mar 1, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OBLG or BOND.
Correlation
The correlation between OBLG and BOND is -0.00. 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.
Performance
OBLG vs. BOND - Performance Comparison
Key characteristics
OBLG:
-0.30
BOND:
0.64
OBLG:
0.50
BOND:
0.92
OBLG:
1.06
BOND:
1.11
OBLG:
-0.46
BOND:
0.29
OBLG:
-0.91
BOND:
2.10
OBLG:
50.38%
BOND:
1.66%
OBLG:
154.78%
BOND:
5.43%
OBLG:
-100.00%
BOND:
-19.71%
OBLG:
-100.00%
BOND:
-7.43%
Returns By Period
In the year-to-date period, OBLG achieves a -55.43% return, which is significantly lower than BOND's 2.41% return. Over the past 10 years, OBLG has underperformed BOND with an annualized return of -53.05%, while BOND has yielded a comparatively higher 1.81% annualized return.
OBLG
-55.43%
4.13%
-51.51%
-45.52%
-66.71%
-53.05%
BOND
2.41%
-0.65%
1.32%
3.46%
0.05%
1.81%
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Risk-Adjusted Performance
OBLG vs. BOND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oblong Inc. (OBLG) and PIMCO Active Bond ETF (BOND). 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
OBLG vs. BOND - Dividend Comparison
OBLG has not paid dividends to shareholders, while BOND's dividend yield for the trailing twelve months is around 5.70%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OBLG Oblong Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BOND PIMCO Active Bond ETF | 5.70% | 4.78% | 3.44% | 2.58% | 2.66% | 3.38% | 3.47% | 2.87% | 2.85% | 4.14% | 4.13% | 2.82% |
Drawdowns
OBLG vs. BOND - Drawdown Comparison
The maximum OBLG drawdown since its inception was -100.00%, which is greater than BOND's maximum drawdown of -19.71%. Use the drawdown chart below to compare losses from any high point for OBLG and BOND. For additional features, visit the drawdowns tool.
Volatility
OBLG vs. BOND - Volatility Comparison
Oblong Inc. (OBLG) has a higher volatility of 21.03% compared to PIMCO Active Bond ETF (BOND) at 1.69%. This indicates that OBLG's price experiences larger fluctuations and is considered to be riskier than BOND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.