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SPLB vs. VCLT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SPLB and VCLT is 0.89, 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.


-0.50.00.51.00.9

Performance

SPLB vs. VCLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Portfolio Long Term Corporate Bond ETF (SPLB) and Vanguard Long-Term Corporate Bond ETF (VCLT). The values are adjusted to include any dividend payments, if applicable.

80.00%85.00%90.00%95.00%100.00%105.00%110.00%JulyAugustSeptemberOctoberNovemberDecember
90.65%
98.37%
SPLB
VCLT

Key characteristics

Sharpe Ratio

SPLB:

0.19

VCLT:

0.17

Sortino Ratio

SPLB:

0.33

VCLT:

0.31

Omega Ratio

SPLB:

1.04

VCLT:

1.04

Calmar Ratio

SPLB:

0.08

VCLT:

0.07

Martin Ratio

SPLB:

0.53

VCLT:

0.47

Ulcer Index

SPLB:

3.73%

VCLT:

3.81%

Daily Std Dev

SPLB:

10.50%

VCLT:

10.55%

Max Drawdown

SPLB:

-34.46%

VCLT:

-34.31%

Current Drawdown

SPLB:

-19.04%

VCLT:

-19.07%

Returns By Period

In the year-to-date period, SPLB achieves a 0.56% return, which is significantly higher than VCLT's 0.34% return. Both investments have delivered pretty close results over the past 10 years, with SPLB having a 2.44% annualized return and VCLT not far behind at 2.43%.


SPLB

YTD

0.56%

1M

0.73%

6M

1.51%

1Y

0.44%

5Y (annualized)

-1.58%

10Y (annualized)

2.44%

VCLT

YTD

0.34%

1M

0.70%

6M

1.43%

1Y

0.24%

5Y (annualized)

-1.55%

10Y (annualized)

2.43%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SPLB vs. VCLT - Expense Ratio Comparison

SPLB has a 0.07% expense ratio, which is higher than VCLT's 0.04% 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%.


SPLB
SPDR Portfolio Long Term Corporate Bond ETF
Expense ratio chart for SPLB: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%
Expense ratio chart for VCLT: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

SPLB vs. VCLT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio Long Term Corporate Bond ETF (SPLB) and Vanguard Long-Term Corporate Bond ETF (VCLT). 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.


Sharpe ratio
The chart of Sharpe ratio for SPLB, currently valued at 0.19, compared to the broader market0.002.004.000.190.17
The chart of Sortino ratio for SPLB, currently valued at 0.33, compared to the broader market-2.000.002.004.006.008.0010.0012.000.330.31
The chart of Omega ratio for SPLB, currently valued at 1.04, compared to the broader market0.501.001.502.002.503.001.041.04
The chart of Calmar ratio for SPLB, currently valued at 0.08, compared to the broader market0.005.0010.0015.000.080.07
The chart of Martin ratio for SPLB, currently valued at 0.53, compared to the broader market0.0020.0040.0060.0080.00100.000.530.47
SPLB
VCLT

The current SPLB Sharpe Ratio is 0.19, which is comparable to the VCLT Sharpe Ratio of 0.17. The chart below compares the historical Sharpe Ratios of SPLB and VCLT, 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 Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.19
0.17
SPLB
VCLT

Dividends

SPLB vs. VCLT - Dividend Comparison

SPLB's dividend yield for the trailing twelve months is around 5.02%, which matches VCLT's 5.02% yield.


TTM20232022202120202019201820172016201520142013
SPLB
SPDR Portfolio Long Term Corporate Bond ETF
5.02%4.60%4.52%3.00%3.01%3.79%4.50%4.06%4.34%4.70%4.25%4.88%
VCLT
Vanguard Long-Term Corporate Bond ETF
5.02%4.67%4.44%3.07%3.16%3.81%4.55%4.01%4.33%4.68%4.29%4.83%

Drawdowns

SPLB vs. VCLT - Drawdown Comparison

The maximum SPLB drawdown since its inception was -34.46%, roughly equal to the maximum VCLT drawdown of -34.31%. Use the drawdown chart below to compare losses from any high point for SPLB and VCLT. For additional features, visit the drawdowns tool.


-22.00%-20.00%-18.00%-16.00%-14.00%JulyAugustSeptemberOctoberNovemberDecember
-19.04%
-19.07%
SPLB
VCLT

Volatility

SPLB vs. VCLT - Volatility Comparison

SPDR Portfolio Long Term Corporate Bond ETF (SPLB) and Vanguard Long-Term Corporate Bond ETF (VCLT) have volatilities of 3.04% and 2.99%, 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.


2.00%2.50%3.00%3.50%4.00%JulyAugustSeptemberOctoberNovemberDecember
3.04%
2.99%
SPLB
VCLT
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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