OBND vs. IGEB
Compare and contrast key facts about SPDR Loomis Sayles Opportunistic Bond ETF (OBND) and iShares Investment Grade Bond Factor ETF (IGEB).
OBND and IGEB 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. IGEB is a passively managed fund by iShares that tracks the performance of the BlackRock Investment Grade Enhanced Bond Index. It was launched on Jul 11, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OBND or IGEB.
Correlation
The correlation between OBND and IGEB is -0.40. 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
OBND vs. IGEB - Performance Comparison
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Key characteristics
OBND:
1.65%
IGEB:
3.77%
OBND:
-0.12%
IGEB:
-0.38%
OBND:
-0.10%
IGEB:
-0.38%
Returns By Period
OBND
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IGEB
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OBND vs. IGEB - Expense Ratio Comparison
OBND has a 0.55% expense ratio, which is higher than IGEB's 0.18% expense ratio.
Risk-Adjusted Performance
OBND vs. IGEB — Risk-Adjusted Performance Rank
OBND
IGEB
OBND vs. IGEB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Loomis Sayles Opportunistic Bond ETF (OBND) and iShares Investment Grade Bond Factor ETF (IGEB). 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.
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Dividends
OBND vs. IGEB - Dividend Comparison
OBND's dividend yield for the trailing twelve months is around 6.46%, more than IGEB's 5.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
OBND SPDR Loomis Sayles Opportunistic Bond ETF | 6.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IGEB iShares Investment Grade Bond Factor ETF | 5.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
OBND vs. IGEB - Drawdown Comparison
The maximum OBND drawdown since its inception was -0.12%, smaller than the maximum IGEB drawdown of -0.38%. Use the drawdown chart below to compare losses from any high point for OBND and IGEB. For additional features, visit the drawdowns tool.
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Volatility
OBND vs. IGEB - Volatility Comparison
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