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SYSB vs. BCPL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

SYSB vs. BCPL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Systematic Bond ETF (SYSB) and BNY Mellon Core Plus ETF (BCPL). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


SYSB

1D
0.18%
1M
0.20%
YTD
0.24%
6M
0.32%
1Y
5.37%
3Y*
6.74%
5Y*
1.57%
10Y*
2.31%

BCPL

1D
0.12%
1M
0.34%
YTD
6M
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

SYSB vs. BCPL - Yearly Performance Comparison


Correlation

The correlation between SYSB and BCPL is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.


Correlation
Correlation (All Time)
Calculated using the full available price history since Jan 13, 2026

0.90

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Return for Risk

SYSB vs. BCPL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SYSB
SYSB Risk / Return Rank: 3939
Overall Rank
SYSB Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
SYSB Sortino Ratio Rank: 4141
Sortino Ratio Rank
SYSB Omega Ratio Rank: 4040
Omega Ratio Rank
SYSB Calmar Ratio Rank: 3737
Calmar Ratio Rank
SYSB Martin Ratio Rank: 3636
Martin Ratio Rank

BCPL
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.

SYSB vs. BCPL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Systematic Bond ETF (SYSB) and BNY Mellon Core Plus ETF (BCPL). 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.


SYSBBCPLDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.26

Calmar ratioReturn relative to maximum drawdown

1.80

Martin ratioReturn relative to average drawdown

5.50

SYSB vs. BCPL - Sharpe Ratio Comparison


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Sharpe Ratios by Period


SYSBBCPLDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.42

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.28

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.47

Sharpe Ratio (All Time)

Calculated using the full available price history

0.50

0.43

+0.07

Drawdowns

SYSB vs. BCPL - Drawdown Comparison

The maximum SYSB drawdown since its inception was -18.47%, which is greater than BCPL's maximum drawdown of -2.95%. Use the drawdown chart below to compare losses from any high point for SYSB and BCPL.


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Drawdown Indicators


SYSBBCPLDifference

Max Drawdown

Largest peak-to-trough decline

-18.47%

-2.95%

-15.52%

Max Drawdown (1Y)

Largest decline over 1 year

-2.99%

Max Drawdown (3Y)

Largest decline over 3 years

-3.08%

Max Drawdown (5Y)

Largest decline over 5 years

-18.47%

Max Drawdown (10Y)

Largest decline over 10 years

-18.47%

Current Drawdown

Current decline from peak

-1.61%

-1.00%

-0.61%

Average Drawdown

Average peak-to-trough decline

-3.27%

-1.05%

-2.22%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.98%

Volatility

SYSB vs. BCPL - Volatility Comparison


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Volatility by Period


SYSBBCPLDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.40%

Volatility (6M)

Calculated over the trailing 6-month period

3.11%

Volatility (1Y)

Calculated over the trailing 1-year period

3.80%

4.02%

-0.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.63%

4.02%

+1.61%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.95%

4.02%

+0.93%

SYSB vs. BCPL - Expense Ratio Comparison

SYSB has a 0.25% expense ratio, which is lower than BCPL's 0.40% expense ratio.


Dividends

SYSB vs. BCPL - Dividend Comparison

SYSB's dividend yield for the trailing twelve months is around 4.61%, more than BCPL's 1.56% yield.


PositionTTM20252024202320222021202020192018201720162015
BCPL
BNY Mellon Core Plus ETF
1.56%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SYSB
iShares Systematic Bond ETF
4.61%4.78%5.04%4.44%3.27%1.92%2.57%3.27%3.61%2.74%2.92%2.26%

Frequently Asked Questions


With a correlation of 0.90, SYSB and BCPL move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

On fees, SYSB is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

SYSB is cheaper with a 0.25% expense ratio, compared with 0.40% for BCPL.

SYSB has the higher dividend yield at 4.61%, compared with 1.56% for BCPL.

They also come from different issuers: iShares and BNY Mellon. Their fees differ too: 0.25% for SYSB and 0.40% for BCPL.

Portfolio Optimizer

Find the right allocation for SYSB and BCPL

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