PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
STOT vs. GVI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

STOT vs. GVI

Last updated Jun 4, 2026

STOT (State Street DoubleLine Short Duration Total Return Tactical ETF) and GVI (iShares Intermediate Government/Credit Bond ETF) are both Short-Term Bond funds - STOT tracks the Bloomberg U.S. Aggregate 1-3 Year Index while GVI tracks the Bloomberg U.S. Intermediate Government/Credit Bond. Both are passively managed. Over the past 10 years, STOT returned 2.43%/yr vs 1.80%/yr for GVI. A 0.50 correlation means they provide meaningful diversification when combined. STOT charges 0.45%/yr vs 0.20%/yr for GVI.

Performance

STOT vs. GVI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street DoubleLine Short Duration Total Return Tactical ETF (STOT) and iShares Intermediate Government/Credit Bond ETF (GVI). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

Over the past 10 years, STOT has outperformed GVI with an annualized return of 2.43%, while GVI has yielded a comparatively lower 1.80% annualized return.

STOT

1D
-0.04%
1M
0.18%
YTD
0.97%
6M
1.26%
1Y
4.20%
3Y*
5.32%
5Y*
2.81%
10Y*
2.43%

GVI

1D
-0.13%
1M
-0.00%
YTD
-0.00%
6M
0.05%
1Y
3.89%
3Y*
4.18%
5Y*
0.98%
10Y*
1.80%
*Multi-year figures are annualized to reflect compound growth (CAGR)

STOT vs. GVI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
STOT
State Street DoubleLine Short Duration Total Return Tactical ETF		0.97%5.56%5.26%6.39%-3.75%0.27%2.43%4.40%0.95%1.71%
GVI
iShares Intermediate Government/Credit Bond ETF		-0.00%6.66%2.92%5.15%-8.28%-1.90%6.38%6.54%0.77%1.83%

Correlation

The correlation between STOT and GVI is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.74

Correlation (3Y)
Calculated over the trailing 3-year period

0.63

Correlation (5Y)
Calculated over the trailing 5-year period

0.61

Correlation (10Y)
Calculated over the trailing 10-year period

0.50

Correlation (All Time)
Calculated using the full available price history since Apr 15, 2016

0.50

Over the past year, STOT and GVI have become more correlated (0.74) than their long-term average of 0.50, meaning their price movements have been converging.

Compare stocks, funds, or ETFs

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

State Street DoubleLine Short Duration Total Return Tactical ETF

iShares Intermediate Government/Credit Bond ETF

Often compared with STOT:
STOT vs. PULSSTOT vs. PBDCSTOT vs. SGOVSTOT vs. BILSTOT vs. HYDBSTOT vs. PIMIXSTOT vs. JPLD
Often compared with GVI:
GVI vs. GBFGVI vs. SCHJGVI vs. AGZGVI vs. CMFGVI vs. VCITGVI vs. SLQDGVI vs. AGG

Return for Risk

STOT vs. GVI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
STOT
STOT Risk / Return Rank: 9494
Overall Rank
STOT Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
STOT Sortino Ratio Rank: 9797
Sortino Ratio Rank
STOT Omega Ratio Rank: 9696
Omega Ratio Rank
STOT Calmar Ratio Rank: 9090
Calmar Ratio Rank
STOT Martin Ratio Rank: 9393
Martin Ratio Rank
GVI
GVI Risk / Return Rank: 4444
Overall Rank
GVI Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
GVI Sortino Ratio Rank: 4949
Sortino Ratio Rank
GVI Omega Ratio Rank: 4444
Omega Ratio Rank
GVI Calmar Ratio Rank: 4444
Calmar Ratio Rank
GVI Martin Ratio Rank: 4141
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

STOT vs. GVI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street DoubleLine Short Duration Total Return Tactical ETF (STOT) and iShares Intermediate Government/Credit Bond ETF (GVI). 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.

STOTGVIDifference

Sharpe ratio

Return per unit of total volatility

3.81

1.56

+2.24

Sortino ratio

Return per unit of downside risk

5.93

2.39

+3.54

Omega ratio

Gain probability vs. loss probability

1.79

1.28

+0.51

Calmar ratio

Return relative to maximum drawdown

5.52

2.17

+3.34

Martin ratio

Return relative to average drawdown

24.02

6.60

+17.43

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

STOT vs. GVI - Sharpe Ratio Comparison

The current STOT Sharpe Ratio is 3.81, which is higher than the GVI Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of STOT and GVI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

STOTGVIDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.81

1.56

+2.24

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.63

0.25

+1.39

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.11

0.51

+0.60

Sharpe Ratio (All Time)

Calculated using the full available price history

1.11

0.76

+0.35

Drawdowns

STOT vs. GVI - Drawdown Comparison

The maximum STOT drawdown since its inception was -6.07%, smaller than the maximum GVI drawdown of -12.93%. Use the drawdown chart below to compare losses from any high point for STOT and GVI.

Loading charts...

Drawdown Indicators

STOTGVIDifference

Max Drawdown

Largest peak-to-trough decline

-6.07%

-12.93%

+6.86%

Max Drawdown (1Y)

Largest decline over 1 year

-0.76%

-1.79%

+1.03%

Max Drawdown (3Y)

Largest decline over 3 years

-0.76%

-2.65%

+1.89%

Max Drawdown (5Y)

Largest decline over 5 years

-6.07%

-12.93%

+6.86%

Max Drawdown (10Y)

Largest decline over 10 years

-6.07%

-12.93%

+6.86%

Current Drawdown

Current decline from peak

-0.07%

-1.17%

+1.10%

Average Drawdown

Average peak-to-trough decline

-0.84%

-1.86%

+1.02%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.18%

0.59%

-0.41%

Volatility

STOT vs. GVI - Volatility Comparison

The current volatility for State Street DoubleLine Short Duration Total Return Tactical ETF (STOT) is 0.33%, while iShares Intermediate Government/Credit Bond ETF (GVI) has a volatility of 0.77%. This indicates that STOT experiences smaller price fluctuations and is considered to be less risky than GVI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

STOTGVIDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.33%

0.77%

-0.44%

Volatility (6M)

Calculated over the trailing 6-month period

0.84%

1.78%

-0.94%

Volatility (1Y)

Calculated over the trailing 1-year period

1.11%

2.50%

-1.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

1.73%

3.97%

-2.24%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

2.20%

3.53%

-1.33%

STOT vs. GVI - Expense Ratio Comparison

STOT has a 0.45% expense ratio, which is higher than GVI's 0.20% expense ratio.

Dividends

STOT vs. GVI - Dividend Comparison

STOT's dividend yield for the trailing twelve months is around 4.41%, more than GVI's 3.62% yield.

PositionTTM20252024202320222021202020192018201720162015
GVI
iShares Intermediate Government/Credit Bond ETF		3.62%3.48%3.40%2.75%1.86%1.46%1.84%2.29%2.16%1.91%1.77%1.75%
STOT
State Street DoubleLine Short Duration Total Return Tactical ETF		4.41%4.52%5.10%4.53%2.54%1.76%1.66%2.61%2.50%1.95%2.08%0.00%

Frequently Asked Questions

STOT and GVI have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

GVI has higher volatility (0.77%) compared to STOT (0.33%). In terms of maximum drawdown, STOT dropped -6.07% vs GVI's -12.93%.

On 10-year performance, STOT leads with 2.43% vs 1.80% for GVI. On fees, GVI is cheaper at 0.20% per year. On volatility, STOT has been the lower-risk option at 0.33%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, STOT has performed better with a 2.43% return vs 1.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

GVI is cheaper with a 0.20% expense ratio, compared with 0.45% for STOT.

STOT has the higher dividend yield at 4.41%, compared with 3.62% for GVI.

STOT tracks Bloomberg U.S. Aggregate 1-3 Year Index, while GVI tracks Bloomberg U.S. Intermediate Government/Credit Bond. They also come from different issuers: State Street and iShares. Their fees differ too: 0.45% for STOT and 0.20% for GVI.

STOT currently has the higher Sharpe Ratio (3.81 vs 1.56), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for STOT and GVI

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer