OBND vs. HTRB
Compare and contrast key facts about SPDR Loomis Sayles Opportunistic Bond ETF (OBND) and Hartford Total Return Bond ETF (HTRB).
OBND and HTRB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OBND is an actively managed fund by SPDR. It was launched on Sep 27, 2021. HTRB is an actively managed fund by The Hartford. It was launched on Sep 27, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OBND or HTRB.
Correlation
The correlation between OBND and HTRB is 0.76, 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
OBND vs. HTRB - Performance Comparison
Key characteristics
OBND:
1.30
HTRB:
0.51
OBND:
1.85
HTRB:
0.74
OBND:
1.23
HTRB:
1.09
OBND:
1.00
HTRB:
0.23
OBND:
6.45
HTRB:
1.49
OBND:
0.74%
HTRB:
1.88%
OBND:
3.67%
HTRB:
5.47%
OBND:
-15.85%
HTRB:
-19.48%
OBND:
-2.04%
HTRB:
-7.40%
Returns By Period
In the year-to-date period, OBND achieves a 4.16% return, which is significantly higher than HTRB's 2.21% return.
OBND
4.16%
-0.70%
2.69%
4.44%
N/A
N/A
HTRB
2.21%
-0.47%
0.94%
2.49%
0.27%
N/A
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OBND vs. HTRB - Expense Ratio Comparison
OBND has a 0.55% expense ratio, which is higher than HTRB's 0.29% expense ratio.
Risk-Adjusted Performance
OBND vs. HTRB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Loomis Sayles Opportunistic Bond ETF (OBND) and Hartford Total Return Bond ETF (HTRB). 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
OBND vs. HTRB - Dividend Comparison
OBND's dividend yield for the trailing twelve months is around 6.07%, more than HTRB's 4.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
OBND SPDR Loomis Sayles Opportunistic Bond ETF | 6.07% | 6.01% | 4.57% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% |
HTRB Hartford Total Return Bond ETF | 4.34% | 3.86% | 3.07% | 4.22% | 4.79% | 6.30% | 2.38% | 0.67% |
Drawdowns
OBND vs. HTRB - Drawdown Comparison
The maximum OBND drawdown since its inception was -15.85%, smaller than the maximum HTRB drawdown of -19.48%. Use the drawdown chart below to compare losses from any high point for OBND and HTRB. For additional features, visit the drawdowns tool.
Volatility
OBND vs. HTRB - Volatility Comparison
SPDR Loomis Sayles Opportunistic Bond ETF (OBND) and Hartford Total Return Bond ETF (HTRB) have volatilities of 1.30% and 1.35%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.