SYSB vs. EVTR
SYSB (iShares Systematic Bond ETF) and EVTR (Eaton Vance Total Return Bond ETF) are both Intermediate Core-Plus Bond funds. SYSB is passively managed, while EVTR is actively managed. Over the past year, SYSB returned 5.08% vs 5.00% for EVTR. A 0.79 correlation means they provide meaningful diversification when combined. SYSB charges 0.25%/yr vs 0.32%/yr for EVTR.
Performance
SYSB vs. EVTR - Performance Comparison
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Returns By Period
In the year-to-date period, SYSB achieves a 0.43% return, which is significantly lower than EVTR's 0.51% return.
SYSB
- 1D
- 0.00%
- 1M
- 0.72%
- YTD
- 0.43%
- 6M
- 0.54%
- 1Y
- 5.08%
- 3Y*
- 6.83%
- 5Y*
- 1.57%
- 10Y*
- 2.28%
EVTR
- 1D
- 0.00%
- 1M
- 0.72%
- YTD
- 0.51%
- 6M
- 0.67%
- 1Y
- 5.00%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SYSB vs. EVTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SYSB iShares Systematic Bond ETF | 0.43% | 8.32% | 5.40% |
EVTR Eaton Vance Total Return Bond ETF | 0.51% | 8.10% | 4.03% |
Correlation
The correlation between SYSB and EVTR is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Mar 25, 2024 | 0.79 |
The correlation between SYSB and EVTR has been stable across timeframes, ranging from 0.79 to 0.88 - a consistent structural relationship.
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Return for Risk
SYSB vs. EVTR — Risk / Return Rank
SYSB
EVTR
SYSB vs. EVTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Systematic Bond ETF (SYSB) and Eaton Vance Total Return Bond ETF (EVTR). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SYSB | EVTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.24 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.71 | 1.75 | -0.05 |
| Martin ratioReturn relative to average drawdown | 4.90 | 5.29 | -0.39 |
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Drawdowns
SYSB vs. EVTR - Drawdown Comparison
The maximum SYSB drawdown since its inception was -18.47%, which is greater than EVTR's maximum drawdown of -4.08%. Use the drawdown chart below to compare losses from any high point for SYSB and EVTR.
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Drawdown Indicators
| SYSB | EVTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.47% | -4.08% | -14.39% |
Max Drawdown (1Y)Largest decline over 1 year | -2.99% | -2.86% | -0.13% |
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 DrawdownCurrent decline from peak | -1.42% | -1.22% | -0.20% |
Average DrawdownAverage peak-to-trough decline | -3.27% | -0.97% | -2.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.04% | 0.95% | +0.09% |
Volatility
SYSB vs. EVTR - Volatility Comparison
iShares Systematic Bond ETF (SYSB) and Eaton Vance Total Return Bond ETF (EVTR) have volatilities of 1.23% and 1.24%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SYSB | EVTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.23% | 1.24% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 3.20% | 2.92% | +0.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.91% | 3.70% | +0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.64% | 4.32% | +1.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.94% | 4.32% | +0.62% |
SYSB vs. EVTR - Expense Ratio Comparison
SYSB has a 0.25% expense ratio, which is lower than EVTR's 0.32% expense ratio.
Dividends
SYSB vs. EVTR - Dividend Comparison
SYSB's dividend yield for the trailing twelve months is around 4.60%, less than EVTR's 4.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVTR Eaton Vance Total Return Bond ETF | 4.67% | 4.51% | 4.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SYSB iShares Systematic Bond ETF | 4.60% | 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
SYSB and EVTR have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EVTR has higher volatility (1.24%) compared to SYSB (1.23%). In terms of maximum drawdown, SYSB dropped -18.47% vs EVTR's -4.08%.
On 1-year performance, SYSB leads with 5.08% vs 5.00% for EVTR. On fees, SYSB is cheaper at 0.25% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SYSB has performed better with a 5.08% return vs 5.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SYSB is cheaper with a 0.25% expense ratio, compared with 0.32% for EVTR.
EVTR has the higher dividend yield at 4.67%, compared with 4.60% for SYSB.
They also come from different issuers: iShares and Eaton Vance. Their fees differ too: 0.25% for SYSB and 0.32% for EVTR.
EVTR currently has the higher Sharpe Ratio (1.36 vs 1.31), 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.
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