SPMB vs. VMBS
Compare and contrast key facts about SPDR Portfolio Mortgage Backed Bond ETF (SPMB) and Vanguard Mortgage-Backed Securities ETF (VMBS).
SPMB and VMBS 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. VMBS is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. MBS Index. It was launched on Nov 19, 2009. Both SPMB and VMBS 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 VMBS.
Correlation
The correlation between SPMB and VMBS is -0.05. 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. VMBS - Performance Comparison
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Key characteristics
SPMB:
0.97
VMBS:
1.01
SPMB:
1.48
VMBS:
1.53
SPMB:
1.17
VMBS:
1.18
SPMB:
0.51
VMBS:
0.56
SPMB:
2.66
VMBS:
3.12
SPMB:
2.27%
VMBS:
1.98%
SPMB:
6.07%
VMBS:
5.95%
SPMB:
-18.03%
VMBS:
-17.52%
SPMB:
-5.83%
VMBS:
-4.82%
Returns By Period
The year-to-date returns for both stocks are quite close, with SPMB having a 2.41% return and VMBS slightly lower at 2.38%. Both investments have delivered pretty close results over the past 10 years, with SPMB having a 0.98% annualized return and VMBS not far ahead at 1.02%.
SPMB
2.41%
1.05%
1.55%
6.24%
-1.08%
0.98%
VMBS
2.38%
1.25%
1.78%
6.32%
-0.90%
1.02%
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SPMB vs. VMBS - Expense Ratio Comparison
Both SPMB and VMBS 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. VMBS — Risk-Adjusted Performance Rank
SPMB
VMBS
SPMB vs. VMBS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio Mortgage Backed Bond ETF (SPMB) and Vanguard Mortgage-Backed Securities ETF (VMBS). 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.
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Dividends
SPMB vs. VMBS - Dividend Comparison
SPMB's dividend yield for the trailing twelve months is around 3.79%, less than VMBS's 4.12% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPMB SPDR Portfolio Mortgage Backed Bond ETF | 3.79% | 3.76% | 3.21% | 2.98% | 2.59% | 2.95% | 3.24% | 3.36% | 3.13% | 2.99% | 3.05% | 3.54% |
VMBS Vanguard Mortgage-Backed Securities ETF | 4.12% | 3.94% | 3.31% | 2.35% | 1.02% | 1.81% | 2.77% | 2.72% | 2.16% | 2.10% | 2.12% | 1.90% |
Drawdowns
SPMB vs. VMBS - Drawdown Comparison
The maximum SPMB drawdown since its inception was -18.03%, roughly equal to the maximum VMBS drawdown of -17.52%. Use the drawdown chart below to compare losses from any high point for SPMB and VMBS. For additional features, visit the drawdowns tool.
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Volatility
SPMB vs. VMBS - Volatility Comparison
The current volatility for SPDR Portfolio Mortgage Backed Bond ETF (SPMB) is 2.06%, while Vanguard Mortgage-Backed Securities ETF (VMBS) has a volatility of 2.26%. This indicates that SPMB experiences smaller price fluctuations and is considered to be less risky than VMBS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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