PBOG vs. HYMB
PBOG (Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF) and HYMB (SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF) are both exchange-traded funds - PBOG is a Oil & Gas fund tracking the BITA Global Oil & Gas Select Index, while HYMB is a Municipal Bonds fund tracking the Bloomberg Municipal Yield. Both are passively managed. At a correlation of -0.39, they often move in opposite directions. PBOG charges 0.13%/yr vs 0.35%/yr for HYMB.
Performance
PBOG vs. HYMB - Performance Comparison
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Returns By Period
In the year-to-date period, PBOG achieves a 32.22% return, which is significantly higher than HYMB's 2.87% return.
PBOG
- 1D
- 1.23%
- 1M
- -2.32%
- YTD
- 32.22%
- 6M
- 29.70%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HYMB
- 1D
- -0.04%
- 1M
- 1.19%
- YTD
- 2.87%
- 6M
- 3.18%
- 1Y
- 7.43%
- 3Y*
- 5.09%
- 5Y*
- 0.42%
- 10Y*
- 2.46%
PBOG vs. HYMB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF | 32.22% | 1.62% |
HYMB SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF | 2.87% | -0.07% |
Correlation
The correlation between PBOG and HYMB is -0.39, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 26, 2025 | -0.39 |
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Return for Risk
PBOG vs. HYMB — Risk / Return Rank
PBOG
HYMB
PBOG vs. HYMB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF (PBOG) and SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF (HYMB). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| PBOG | HYMB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.84 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.06 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.22 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 3.31 | 0.45 | +2.86 |
Drawdowns
PBOG vs. HYMB - Drawdown Comparison
The maximum PBOG drawdown since its inception was -11.45%, smaller than the maximum HYMB drawdown of -29.57%. Use the drawdown chart below to compare losses from any high point for PBOG and HYMB.
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Drawdown Indicators
| PBOG | HYMB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.45% | -29.57% | +18.12% |
Max Drawdown (1Y)Largest decline over 1 year | — | -3.11% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -7.44% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.15% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.57% | — |
Current DrawdownCurrent decline from peak | -6.81% | -0.04% | -6.77% |
Average DrawdownAverage peak-to-trough decline | -3.10% | -3.81% | +0.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.88% | — |
Volatility
PBOG vs. HYMB - Volatility Comparison
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Volatility by Period
| PBOG | HYMB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.35% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.14% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 23.67% | 4.05% | +19.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.67% | 6.66% | +17.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.67% | 11.36% | +12.31% |
PBOG vs. HYMB - Expense Ratio Comparison
PBOG has a 0.13% expense ratio, which is lower than HYMB's 0.35% expense ratio.
Dividends
PBOG vs. HYMB - Dividend Comparison
PBOG's dividend yield for the trailing twelve months is around 0.13%, less than HYMB's 4.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYMB SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF | 4.54% | 4.55% | 4.29% | 4.07% | 3.77% | 3.19% | 3.55% | 3.95% | 4.03% | 3.78% | 4.08% | 4.54% |
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF | 0.13% | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PBOG and HYMB have a correlation of -0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PBOG is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PBOG is cheaper with a 0.13% expense ratio, compared with 0.35% for HYMB.
HYMB has the higher dividend yield at 4.54%, compared with 0.13% for PBOG.
PBOG is categorized as Oil & Gas, while HYMB is Municipal Bonds. PBOG tracks BITA Global Oil & Gas Select Index, while HYMB tracks Bloomberg Municipal Yield. They also come from different issuers: Portfolio Building Blocks and State Street. Their fees differ too: 0.13% for PBOG and 0.35% for HYMB.
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