SBND vs. DFSD

Last updated Apr 1, 2026

Compare and contrast key facts about Columbia Short Duration Bond ETF (SBND) and Dimensional Short-Duration Fixed Income ETF (DFSD).

SBND and DFSD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SBND is a passively managed fund by Columbia that tracks the performance of the Bloomberg Beta Advantage Short Term Bond (-300%). It was launched on Sep 21, 2021. DFSD is an actively managed fund by Dimensional. It was launched on Nov 15, 2021.

Performance

SBND vs. DFSD - Performance Comparison

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

SBND vs. DFSD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SBND Columbia Short Duration Bond ETF	-0.06%	7.50%	4.83%	7.20%	-7.24%	0.16%
DFSD Dimensional Short-Duration Fixed Income ETF	0.17%	6.59%	4.60%	6.09%	-5.87%	-0.02%

Returns By Period

In the year-to-date period, SBND achieves a -0.06% return, which is significantly lower than DFSD's 0.17% return.

SBND

• 1D: 0.45%
• 1M: -1.10%
• YTD: -0.06%
• 6M: 1.20%
• 1Y: 5.81%
• 3Y*: 5.69%
• 5Y*: —
• 10Y*: —

DFSD

• 1D: 0.31%
• 1M: -0.89%
• YTD: 0.17%
• 6M: 1.29%
• 1Y: 4.79%
• 3Y*: 5.25%
• 5Y*: —
• 10Y*: —

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

SBND vs. DFSD - Expense Ratio Comparison

SBND has a 0.25% expense ratio, which is higher than DFSD's 0.16% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

SBND

Columbia Short Duration Bond ETF

DFSD

Dimensional Short-Duration Fixed Income ETF

Return for Risk

SBND vs. DFSD — Risk / Return Rank

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

SBND

SBND Risk / Return Rank: 93
SBND Sharpe Ratio Rank: 91
SBND Sortino Ratio Rank: 95
SBND Omega Ratio Rank: 93
SBND Calmar Ratio Rank: 93
SBND Martin Ratio Rank: 93

DFSD

DFSD Risk / Return Rank: 93
DFSD Sharpe Ratio Rank: 92
DFSD Sortino Ratio Rank: 95
DFSD Omega Ratio Rank: 94
DFSD Calmar Ratio Rank: 92
DFSD Martin Ratio Rank: 93

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. DFSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Short Duration Bond ETF (SBND) and Dimensional Short-Duration Fixed Income ETF (DFSD). 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	DFSD	Difference
Sharpe ratio Return per unit of total volatility	2.06	2.13	-0.07
Sortino ratio Return per unit of downside risk	3.02	3.12	-0.10
Omega ratio Gain probability vs. loss probability	1.43	1.45	-0.02
Calmar ratio Return relative to maximum drawdown	3.41	3.25	+0.15
Martin ratio Return relative to average drawdown	13.86	13.49	+0.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SBND vs. DFSD - Sharpe Ratio Comparison

The current SBND Sharpe Ratio is 2.06, which is comparable to the DFSD Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of SBND and DFSD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SBND	DFSD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.06	2.13	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.91	-0.25

Correlation

The correlation between SBND and DFSD is 0.71, 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.

Dividends

SBND vs. DFSD - Dividend Comparison

SBND's dividend yield for the trailing twelve months is around 4.62%, more than DFSD's 3.94% yield.

	TTM	2025	2024	2023	2022	2021
SBND Columbia Short Duration Bond ETF	4.62%	4.65%	4.58%	3.90%	2.80%	0.43%
DFSD Dimensional Short-Duration Fixed Income ETF	3.94%	4.12%	4.81%	3.89%	2.12%	0.11%

Drawdowns

SBND vs. DFSD - Drawdown Comparison

The maximum SBND drawdown since its inception was -10.78%, which is greater than DFSD's maximum drawdown of -8.45%. Use the drawdown chart below to compare losses from any high point for SBND and DFSD.

Drawdown Indicators

	SBND	DFSD	Difference
Max Drawdown Largest peak-to-trough decline	-10.78%	-8.45%	-2.33%
Max Drawdown (1Y) Largest decline over 1 year	-1.71%	-1.47%	-0.24%
Current Drawdown Current decline from peak	-1.10%	-0.89%	-0.21%
Average Drawdown Average peak-to-trough decline	-2.96%	-2.13%	-0.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.42%	0.35%	+0.07%

Volatility

SBND vs. DFSD - Volatility Comparison

Columbia Short Duration Bond ETF (SBND) has a higher volatility of 1.08% compared to Dimensional Short-Duration Fixed Income ETF (DFSD) at 0.94%. This indicates that SBND's price experiences larger fluctuations and is considered to be riskier than DFSD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SBND	DFSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.08%	0.94%	+0.14%
Volatility (6M) Calculated over the trailing 6-month period	1.67%	1.33%	+0.34%
Volatility (1Y) Calculated over the trailing 1-year period	2.83%	2.26%	+0.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.66%	2.80%	+0.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.66%	2.80%	+0.86%