SBND vs. DDV

Last updated Jun 5, 2026

SBND (Columbia Short Duration Bond ETF) and DDV (Defined Duration 5 ETF) are both exchange-traded funds - SBND is a Short-Term Bond fund tracking the Bloomberg Beta Advantage Short Term Bond (-300%), while DDV is a Intermediate Core Bond fund actively managed by Discipline Funds. SBND is passively managed, while DDV is actively managed. A 0.68 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.

Performance

SBND vs. DDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Short Duration Bond ETF (SBND) and Defined Duration 5 ETF (DDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SBND achieves a 0.91% return, which is significantly lower than DDV's 2.21% return.

SBND

• 1D: 0.00%
• 1M: 0.28%
• YTD: 0.91%
• 6M: 1.54%
• 1Y: 5.45%
• 3Y*: 6.04%
• 5Y*: —
• 10Y*: —

DDV

• 1D: -0.02%
• 1M: 0.49%
• YTD: 2.21%
• 6M: 2.67%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SBND vs. DDV - Yearly Performance Comparison

	2026 (YTD)	2025
SBND Columbia Short Duration Bond ETF	0.91%	0.89%
DDV Defined Duration 5 ETF	2.21%	0.71%

Correlation

The correlation between SBND and DDV is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 14, 2025	0.68

Return for Risk

SBND vs. DDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SBND

SBND Risk / Return Rank: 73
SBND Sharpe Ratio Rank: 69
SBND Sortino Ratio Rank: 79
SBND Omega Ratio Rank: 77
SBND Calmar Ratio Rank: 65
SBND Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SBND vs. DDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Short Duration Bond ETF (SBND) and Defined Duration 5 ETF (DDV). 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.

	SBND	DDV	Difference
Sharpe ratio: Return per unit of total volatility	2.24	—	—
Sortino ratio: Return per unit of downside risk	3.48	—	—
Omega ratio: Gain probability vs. loss probability	1.45	—	—
Calmar ratio: Return relative to maximum drawdown	3.20	—	—
Martin ratio: Return relative to average drawdown	13.43	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SBND	DDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.24	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	2.04	-1.34

Drawdowns

SBND vs. DDV - Drawdown Comparison

The maximum SBND drawdown since its inception was -10.78%, which is greater than DDV's maximum drawdown of -1.92%. Use the drawdown chart below to compare losses from any high point for SBND and DDV.

Drawdown Indicators

	SBND	DDV	Difference
Max Drawdown Largest peak-to-trough decline	-10.78%	-1.92%	-8.86%
Max Drawdown (1Y) Largest decline over 1 year	-1.71%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-1.71%	—	—
Current Drawdown Current decline from peak	-0.14%	-0.14%	0.00%
Average Drawdown Average peak-to-trough decline	-2.86%	-0.35%	-2.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.41%	—	—

Volatility

Volatility by Period

	SBND	DDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.58%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.69%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.47%	2.67%	-0.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.61%	2.67%	+0.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.61%	2.67%	+0.94%

SBND vs. DDV - Expense Ratio Comparison

Both SBND and DDV have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

SBND vs. DDV - Dividend Comparison

SBND's dividend yield for the trailing twelve months is around 4.53%, more than DDV's 1.21% yield.

Position	TTM	2025	2024	2023	2022	2021
DDV Defined Duration 5 ETF	1.21%	0.42%	0.00%	0.00%	0.00%	0.00%
SBND Columbia Short Duration Bond ETF	4.53%	4.65%	4.58%	3.90%	2.80%	0.43%

Frequently Asked Questions

Can I hold both SBND and DDV in my portfolio?

SBND and DDV have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SBND or DDV?

Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SBND or DDV?

SBND and DDV have the same expense ratio: 0.25% per year.

Which ETF pays a higher dividend yield, SBND or DDV?

SBND has the higher dividend yield at 4.53%, compared with 1.21% for DDV.

What is the main difference between SBND and DDV?

SBND is categorized as Short-Term Bond, while DDV is Intermediate Core Bond. They also come from different issuers: Columbia and Discipline Funds.