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SPAB vs. BND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SPAB and BND is -0.14. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

SPAB vs. BND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Portfolio Aggregate Bond ETF (SPAB) and Vanguard Total Bond Market ETF (BND). The values are adjusted to include any dividend payments, if applicable.

64.00%66.00%68.00%70.00%72.00%December2025FebruaryMarchAprilMay
69.47%
69.16%
SPAB
BND

Key characteristics

Sharpe Ratio

SPAB:

1.02

BND:

1.03

Sortino Ratio

SPAB:

1.50

BND:

1.48

Omega Ratio

SPAB:

1.18

BND:

1.18

Calmar Ratio

SPAB:

0.44

BND:

0.43

Martin Ratio

SPAB:

2.58

BND:

2.60

Ulcer Index

SPAB:

2.11%

BND:

2.07%

Daily Std Dev

SPAB:

5.35%

BND:

5.31%

Max Drawdown

SPAB:

-18.56%

BND:

-18.84%

Current Drawdown

SPAB:

-7.11%

BND:

-7.42%

Returns By Period

The year-to-date returns for both stocks are quite close, with SPAB having a 2.22% return and BND slightly lower at 2.13%. Both investments have delivered pretty close results over the past 10 years, with SPAB having a 1.48% annualized return and BND not far ahead at 1.49%.


SPAB

YTD

2.22%

1M

0.29%

6M

1.33%

1Y

5.42%

5Y*

-0.81%

10Y*

1.48%

BND

YTD

2.13%

1M

0.32%

6M

1.30%

1Y

5.43%

5Y*

-0.86%

10Y*

1.49%

*Annualized

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SPAB vs. BND - Expense Ratio Comparison

Both SPAB and BND have an expense ratio of 0.03%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Risk-Adjusted Performance

SPAB vs. BND — Risk-Adjusted Performance Rank

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

SPAB
The Risk-Adjusted Performance Rank of SPAB is 7373
Overall Rank
The Sharpe Ratio Rank of SPAB is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of SPAB is 8282
Sortino Ratio Rank
The Omega Ratio Rank of SPAB is 7676
Omega Ratio Rank
The Calmar Ratio Rank of SPAB is 5757
Calmar Ratio Rank
The Martin Ratio Rank of SPAB is 7070
Martin Ratio Rank

BND
The Risk-Adjusted Performance Rank of BND is 7373
Overall Rank
The Sharpe Ratio Rank of BND is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of BND is 8181
Sortino Ratio Rank
The Omega Ratio Rank of BND is 7676
Omega Ratio Rank
The Calmar Ratio Rank of BND is 5555
Calmar Ratio Rank
The Martin Ratio Rank of BND is 7070
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SPAB vs. BND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio Aggregate Bond ETF (SPAB) and Vanguard Total Bond Market ETF (BND). 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.


The current SPAB Sharpe Ratio is 1.02, which is comparable to the BND Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of SPAB and BND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.50December2025FebruaryMarchAprilMay
1.02
1.03
SPAB
BND

Dividends

SPAB vs. BND - Dividend Comparison

SPAB's dividend yield for the trailing twelve months is around 3.91%, more than BND's 3.76% yield.


TTM20242023202220212020201920182017201620152014
SPAB
SPDR Portfolio Aggregate Bond ETF
3.91%3.86%3.34%2.59%2.11%2.43%2.92%2.96%2.67%2.63%2.59%2.43%
BND
Vanguard Total Bond Market ETF
3.76%3.67%3.09%2.60%1.97%2.22%2.72%2.81%2.54%2.51%2.57%2.79%

Drawdowns

SPAB vs. BND - Drawdown Comparison

The maximum SPAB drawdown since its inception was -18.56%, roughly equal to the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for SPAB and BND. For additional features, visit the drawdowns tool.


-10.00%-9.00%-8.00%-7.00%-6.00%December2025FebruaryMarchAprilMay
-7.11%
-7.42%
SPAB
BND

Volatility

SPAB vs. BND - Volatility Comparison

SPDR Portfolio Aggregate Bond ETF (SPAB) and Vanguard Total Bond Market ETF (BND) have volatilities of 1.72% and 1.73%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


1.20%1.40%1.60%1.80%2.00%2.20%December2025FebruaryMarchAprilMay
1.72%
1.73%
SPAB
BND