PUIG.DE vs. SYBN.DE
PUIG.DE (Invesco USD Corporate Bond UCITS ETF Dist) and SYBN.DE (SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF) are both Corporate Bonds funds - PUIG.DE tracks the Bloomberg US Corp Bond TR USD while SYBN.DE tracks the Bloomberg US Corporate 10+. Both are passively managed. Over the past 5 years, PUIG.DE returned 1.11%/yr vs -0.75%/yr for SYBN.DE. Their correlation of 0.86 suggests significant overlap in exposure. PUIG.DE charges 0.10%/yr vs 0.12%/yr for SYBN.DE.
Performance
PUIG.DE vs. SYBN.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PUIG.DE achieves a 1.26% return, which is significantly lower than SYBN.DE's 1.97% return.
PUIG.DE
- 1D
- 0.15%
- 1M
- 1.15%
- YTD
- 1.26%
- 6M
- 0.39%
- 1Y
- 3.02%
- 3Y*
- 1.82%
- 5Y*
- 1.11%
- 10Y*
- —
SYBN.DE
- 1D
- 0.30%
- 1M
- 1.49%
- YTD
- 1.97%
- 6M
- 0.93%
- 1Y
- 5.57%
- 3Y*
- 1.80%
- 5Y*
- -0.75%
- 10Y*
- 2.22%
PUIG.DE vs. SYBN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
PUIG.DE Invesco USD Corporate Bond UCITS ETF Dist | 1.26% | -4.57% | 7.59% | 4.08% | -10.14% | 6.62% | -0.40% | -0.90% |
SYBN.DE SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF | 1.97% | -4.34% | 4.09% | 6.87% | -20.46% | 6.88% | 3.21% | 0.40% |
Correlation
The correlation between PUIG.DE and SYBN.DE is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2019 | 0.86 |
The correlation between PUIG.DE and SYBN.DE has been stable across timeframes, ranging from 0.85 to 0.89 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PUIG.DE vs. SYBN.DE — Risk / Return Rank
PUIG.DE
SYBN.DE
PUIG.DE vs. SYBN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco USD Corporate Bond UCITS ETF Dist (PUIG.DE) and SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF (SYBN.DE). 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.
| PUIG.DE | SYBN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.11 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.70 | 1.02 | -0.32 |
| Martin ratioReturn relative to average drawdown | 1.81 | 2.15 | -0.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| PUIG.DE | SYBN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.44 | 0.63 | -0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | -0.06 | +0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.18 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 0.21 | -0.17 |
Drawdowns
PUIG.DE vs. SYBN.DE - Drawdown Comparison
The maximum PUIG.DE drawdown since its inception was -14.30%, smaller than the maximum SYBN.DE drawdown of -28.03%. Use the drawdown chart below to compare losses from any high point for PUIG.DE and SYBN.DE.
Loading charts...
Drawdown Indicators
| PUIG.DE | SYBN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.30% | -28.03% | +13.73% |
Max Drawdown (1Y)Largest decline over 1 year | -3.62% | -4.99% | +1.37% |
Max Drawdown (3Y)Largest decline over 3 years | -11.19% | -15.40% | +4.21% |
Max Drawdown (5Y)Largest decline over 5 years | -13.35% | -28.03% | +14.68% |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.03% | — |
Current DrawdownCurrent decline from peak | -5.91% | -16.22% | +10.31% |
Average DrawdownAverage peak-to-trough decline | -6.03% | -9.94% | +3.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.40% | 2.37% | -0.97% |
Volatility
PUIG.DE vs. SYBN.DE - Volatility Comparison
The current volatility for Invesco USD Corporate Bond UCITS ETF Dist (PUIG.DE) is 1.02%, while SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF (SYBN.DE) has a volatility of 2.10%. This indicates that PUIG.DE experiences smaller price fluctuations and is considered to be less risky than SYBN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PUIG.DE | SYBN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.02% | 2.10% | -1.08% |
Volatility (6M)Calculated over the trailing 6-month period | 3.99% | 5.72% | -1.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.77% | 8.15% | -2.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.38% | 12.47% | -4.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.07% | 12.40% | -3.33% |
PUIG.DE vs. SYBN.DE - Expense Ratio Comparison
PUIG.DE has a 0.10% expense ratio, which is lower than SYBN.DE's 0.12% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
PUIG.DE vs. SYBN.DE - Dividend Comparison
PUIG.DE's dividend yield for the trailing twelve months is around 4.21%, less than SYBN.DE's 5.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
PUIG.DE Invesco USD Corporate Bond UCITS ETF Dist | 4.21% | 4.32% | 4.29% | 3.82% | 2.83% | 1.91% | 2.59% | 0.00% | 0.00% | 0.00% | 0.00% |
SYBN.DE SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF | 5.43% | 5.75% | 5.08% | 4.61% | 4.65% | 3.20% | 3.62% | 3.61% | 3.99% | 4.44% | 2.62% |
Frequently Asked Questions
PUIG.DE and SYBN.DE have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PUIG.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PUIG.DE is cheaper with a 0.10% expense ratio, compared with 0.12% for SYBN.DE.
PUIG.DE tracks Bloomberg US Corp Bond TR USD, while SYBN.DE tracks Bloomberg US Corporate 10+. They also come from different issuers: Invesco and State Street. Their fees differ too: 0.10% for PUIG.DE and 0.12% for SYBN.DE.
Find the right allocation for PUIG.DE and SYBN.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer