SPMB vs. SCHG
Compare and contrast key facts about SPDR Portfolio Mortgage Backed Bond ETF (SPMB) and Schwab U.S. Large-Cap Growth ETF (SCHG).
SPMB and SCHG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPMB is a passively managed fund by State Street that tracks the performance of the Bloomberg US Aggregate Securitized - MBS. It was launched on Jan 15, 2009. SCHG is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Growth Total Stock Market Total Return Index. It was launched on Dec 11, 2009. Both SPMB and SCHG 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: SPMB or SCHG.
Correlation
The correlation between SPMB and SCHG is -0.02. 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
SPMB vs. SCHG - Performance Comparison
Key characteristics
SPMB:
0.23
SCHG:
2.30
SPMB:
0.36
SCHG:
2.95
SPMB:
1.04
SCHG:
1.41
SPMB:
0.11
SCHG:
3.25
SPMB:
0.63
SCHG:
12.77
SPMB:
2.29%
SCHG:
3.14%
SPMB:
6.31%
SCHG:
17.47%
SPMB:
-18.03%
SCHG:
-34.59%
SPMB:
-8.46%
SCHG:
-0.55%
Returns By Period
In the year-to-date period, SPMB achieves a 0.88% return, which is significantly lower than SCHG's 40.14% return. Over the past 10 years, SPMB has underperformed SCHG with an annualized return of 0.76%, while SCHG has yielded a comparatively higher 16.98% annualized return.
SPMB
0.88%
-0.71%
0.96%
1.43%
-0.89%
0.76%
SCHG
40.14%
5.39%
15.20%
40.13%
20.58%
16.98%
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SPMB vs. SCHG - Expense Ratio Comparison
Both SPMB and SCHG have an expense ratio of 0.04%, 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
SPMB vs. SCHG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio Mortgage Backed Bond ETF (SPMB) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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
SPMB vs. SCHG - Dividend Comparison
SPMB's dividend yield for the trailing twelve months is around 3.78%, more than SCHG's 0.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPMB SPDR Portfolio Mortgage Backed Bond ETF | 3.78% | 3.21% | 2.97% | 2.60% | 2.95% | 3.24% | 3.36% | 3.14% | 3.00% | 3.05% | 3.54% | 0.98% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.40% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.04% | 1.22% | 1.09% | 1.07% |
Drawdowns
SPMB vs. SCHG - Drawdown Comparison
The maximum SPMB drawdown since its inception was -18.03%, smaller than the maximum SCHG drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for SPMB and SCHG. For additional features, visit the drawdowns tool.
Volatility
SPMB vs. SCHG - Volatility Comparison
The current volatility for SPDR Portfolio Mortgage Backed Bond ETF (SPMB) is 1.98%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 5.24%. This indicates that SPMB experiences smaller price fluctuations and is considered to be less risky than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.