SBND vs. FLTR
Compare and contrast key facts about Columbia Short Duration Bond ETF (SBND) and VanEck Vectors Investment Grade Floating Rate ETF (FLTR).
SBND and FLTR 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. FLTR is a passively managed fund by VanEck that tracks the performance of the MVIS US Investment Grade Floating Rate Index. It was launched on Apr 25, 2011. Both SBND and FLTR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SBND or FLTR.
Correlation
The correlation between SBND and FLTR is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SBND vs. FLTR - Performance Comparison
Key characteristics
SBND:
1.69
FLTR:
2.26
SBND:
2.51
FLTR:
2.63
SBND:
1.34
FLTR:
1.97
SBND:
3.12
FLTR:
2.74
SBND:
10.76
FLTR:
20.51
SBND:
0.55%
FLTR:
0.26%
SBND:
3.47%
FLTR:
2.33%
SBND:
-10.77%
FLTR:
-17.84%
SBND:
-0.67%
FLTR:
-0.51%
Returns By Period
In the year-to-date period, SBND achieves a 1.38% return, which is significantly higher than FLTR's 0.69% return.
SBND
1.38%
-0.57%
1.28%
6.90%
N/A
N/A
FLTR
0.69%
-0.41%
2.13%
5.27%
4.20%
2.89%
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SBND vs. FLTR - Expense Ratio Comparison
SBND has a 0.25% expense ratio, which is higher than FLTR's 0.14% 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%.
Risk-Adjusted Performance
SBND vs. FLTR — Risk-Adjusted Performance Rank
SBND
FLTR
SBND vs. FLTR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Short Duration Bond ETF (SBND) and VanEck Vectors Investment Grade Floating Rate ETF (FLTR). 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.
Dividends
SBND vs. FLTR - Dividend Comparison
SBND's dividend yield for the trailing twelve months is around 4.68%, less than FLTR's 5.60% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SBND Columbia Short Duration Bond ETF | 4.68% | 4.59% | 3.90% | 2.79% | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FLTR VanEck Vectors Investment Grade Floating Rate ETF | 5.60% | 5.93% | 6.08% | 2.30% | 0.63% | 1.49% | 3.05% | 2.67% | 1.69% | 1.16% | 0.71% | 0.66% |
Drawdowns
SBND vs. FLTR - Drawdown Comparison
The maximum SBND drawdown since its inception was -10.77%, smaller than the maximum FLTR drawdown of -17.84%. Use the drawdown chart below to compare losses from any high point for SBND and FLTR. For additional features, visit the drawdowns tool.
Volatility
SBND vs. FLTR - Volatility Comparison
The current volatility for Columbia Short Duration Bond ETF (SBND) is 1.52%, while VanEck Vectors Investment Grade Floating Rate ETF (FLTR) has a volatility of 2.17%. This indicates that SBND experiences smaller price fluctuations and is considered to be less risky than FLTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.