SYSB vs. MBS
Compare and contrast key facts about iShares Systematic Bond ETF (SYSB) and Angel Oak Mortgage-Backed Securities ETF (MBS).
SYSB and MBS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SYSB is a passively managed fund by iShares that tracks the performance of the BlackRock Universal Systematic Bond Index. It was launched on Feb 24, 2015. MBS is an actively managed fund by Angel Oak. It was launched on Jun 4, 2021.
Performance
SYSB vs. MBS - Performance Comparison
Loading graphics...
SYSB vs. MBS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SYSB iShares Systematic Bond ETF | -0.06% | 8.32% | 6.22% |
MBS Angel Oak Mortgage-Backed Securities ETF | 0.52% | 8.13% | 5.78% |
Returns By Period
In the year-to-date period, SYSB achieves a -0.06% return, which is significantly lower than MBS's 0.52% return.
SYSB
- 1D
- 0.05%
- 1M
- -1.47%
- YTD
- -0.06%
- 6M
- 0.79%
- 1Y
- 6.41%
- 3Y*
- 6.55%
- 5Y*
- 1.68%
- 10Y*
- 2.49%
MBS
- 1D
- 0.23%
- 1M
- -1.56%
- YTD
- 0.52%
- 6M
- 1.97%
- 1Y
- 5.72%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SYSB vs. MBS - Expense Ratio Comparison
SYSB has a 0.25% expense ratio, which is lower than MBS's 0.49% expense ratio.
Return for Risk
SYSB vs. MBS — Risk / Return Rank
SYSB
MBS
SYSB vs. MBS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Systematic Bond ETF (SYSB) and Angel Oak Mortgage-Backed Securities ETF (MBS). 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.
| SYSB | MBS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.66 | 1.61 | +0.06 |
Sortino ratioReturn per unit of downside risk | 2.39 | 2.19 | +0.20 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.31 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 2.28 | 2.21 | +0.08 |
Martin ratioReturn relative to average drawdown | 9.21 | 6.13 | +3.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SYSB | MBS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.66 | 1.61 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 1.68 | -1.18 |
Correlation
The correlation between SYSB and MBS is 0.52, 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.
Dividends
SYSB vs. MBS - Dividend Comparison
SYSB's dividend yield for the trailing twelve months is around 4.65%, less than MBS's 5.46% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SYSB iShares Systematic Bond ETF | 4.65% | 4.78% | 5.04% | 4.44% | 3.27% | 1.92% | 2.57% | 3.27% | 3.61% | 2.74% | 2.92% | 2.26% |
MBS Angel Oak Mortgage-Backed Securities ETF | 5.46% | 5.28% | 4.52% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SYSB vs. MBS - Drawdown Comparison
The maximum SYSB drawdown since its inception was -18.47%, which is greater than MBS's maximum drawdown of -4.09%. Use the drawdown chart below to compare losses from any high point for SYSB and MBS.
Loading graphics...
Drawdown Indicators
| SYSB | MBS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.47% | -4.09% | -14.38% |
Max Drawdown (1Y)Largest decline over 1 year | -2.84% | -2.54% | -0.30% |
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 | -1.91% | -1.56% | -0.35% |
Average DrawdownAverage peak-to-trough decline | -3.30% | -1.00% | -2.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.70% | 0.91% | -0.21% |
Volatility
SYSB vs. MBS - Volatility Comparison
iShares Systematic Bond ETF (SYSB) has a higher volatility of 1.91% compared to Angel Oak Mortgage-Backed Securities ETF (MBS) at 1.03%. This indicates that SYSB's price experiences larger fluctuations and is considered to be riskier than MBS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SYSB | MBS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.91% | 1.03% | +0.88% |
Volatility (6M)Calculated over the trailing 6-month period | 2.96% | 2.03% | +0.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.87% | 3.58% | +0.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.59% | 4.08% | +1.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.93% | 4.08% | +0.85% |