SPMB vs. SPTI
Compare and contrast key facts about SPDR Portfolio Mortgage Backed Bond ETF (SPMB) and SPDR Portfolio Intermediate Term Treasury ETF (SPTI).
SPMB and SPTI 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. SPTI is a passively managed fund by State Street that tracks the performance of the Bloomberg Barclays U.S. 3-10 Year Treasury Bond Index. It was launched on May 23, 2007. Both SPMB and SPTI 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 SPTI.
Correlation
The correlation between SPMB and SPTI is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SPMB vs. SPTI - Performance Comparison
Key characteristics
SPMB:
0.23
SPTI:
0.26
SPMB:
0.36
SPTI:
0.40
SPMB:
1.04
SPTI:
1.05
SPMB:
0.11
SPTI:
0.10
SPMB:
0.63
SPTI:
0.65
SPMB:
2.29%
SPTI:
1.90%
SPMB:
6.31%
SPTI:
4.78%
SPMB:
-18.03%
SPTI:
-16.11%
SPMB:
-8.46%
SPTI:
-9.00%
Returns By Period
In the year-to-date period, SPMB achieves a 0.88% return, which is significantly lower than SPTI's 1.07% return. Over the past 10 years, SPMB has underperformed SPTI with an annualized return of 0.76%, while SPTI has yielded a comparatively higher 1.03% annualized return.
SPMB
0.88%
-0.71%
0.96%
1.43%
-0.89%
0.76%
SPTI
1.07%
-0.27%
0.98%
1.24%
-0.24%
1.03%
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SPMB vs. SPTI - Expense Ratio Comparison
SPMB has a 0.04% expense ratio, which is lower than SPTI's 0.06% expense ratio. Despite the difference, 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
SPMB vs. SPTI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio Mortgage Backed Bond ETF (SPMB) and SPDR Portfolio Intermediate Term Treasury ETF (SPTI). 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. SPTI - Dividend Comparison
SPMB's dividend yield for the trailing twelve months is around 3.78%, which matches SPTI's 3.78% 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% |
SPTI SPDR Portfolio Intermediate Term Treasury ETF | 3.78% | 2.99% | 1.45% | 0.53% | 0.76% | 2.01% | 1.97% | 1.46% | 1.24% | 1.18% | 1.05% | 1.47% |
Drawdowns
SPMB vs. SPTI - Drawdown Comparison
The maximum SPMB drawdown since its inception was -18.03%, which is greater than SPTI's maximum drawdown of -16.11%. Use the drawdown chart below to compare losses from any high point for SPMB and SPTI. For additional features, visit the drawdowns tool.
Volatility
SPMB vs. SPTI - Volatility Comparison
SPDR Portfolio Mortgage Backed Bond ETF (SPMB) has a higher volatility of 1.98% compared to SPDR Portfolio Intermediate Term Treasury ETF (SPTI) at 1.34%. This indicates that SPMB's price experiences larger fluctuations and is considered to be riskier than SPTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.