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TFI vs. BND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TFI and BND is 0.49, 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.


-0.50.00.51.00.5

Performance

TFI vs. BND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Nuveen Bloomberg Barclays Municipal Bond ETF (TFI) and Vanguard Total Bond Market ETF (BND). The values are adjusted to include any dividend payments, if applicable.

-1.00%0.00%1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
0.70%
0.97%
TFI
BND

Key characteristics

Sharpe Ratio

TFI:

-0.01

BND:

0.25

Sortino Ratio

TFI:

0.01

BND:

0.38

Omega Ratio

TFI:

1.00

BND:

1.04

Calmar Ratio

TFI:

-0.01

BND:

0.10

Martin Ratio

TFI:

-0.04

BND:

0.70

Ulcer Index

TFI:

1.33%

BND:

1.92%

Daily Std Dev

TFI:

4.14%

BND:

5.45%

Max Drawdown

TFI:

-15.49%

BND:

-18.84%

Current Drawdown

TFI:

-6.03%

BND:

-9.56%

Returns By Period

In the year-to-date period, TFI achieves a -0.27% return, which is significantly lower than BND's 1.15% return. Over the past 10 years, TFI has outperformed BND with an annualized return of 1.71%, while BND has yielded a comparatively lower 1.32% annualized return.


TFI

YTD

-0.27%

1M

-0.73%

6M

0.70%

1Y

-0.08%

5Y*

0.05%

10Y*

1.71%

BND

YTD

1.15%

1M

-0.54%

6M

1.03%

1Y

1.42%

5Y*

-0.42%

10Y*

1.32%

Compare stocks, funds, or ETFs

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


TFI vs. BND - Expense Ratio Comparison

TFI has a 0.23% expense ratio, which is higher than BND's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


TFI
SPDR Nuveen Bloomberg Barclays Municipal Bond ETF
Expense ratio chart for TFI: current value at 0.23% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.23%
Expense ratio chart for BND: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

TFI vs. BND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Nuveen Bloomberg Barclays Municipal Bond ETF (TFI) and Vanguard Total Bond Market ETF (BND). 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.


Sharpe ratio
The chart of Sharpe ratio for TFI, currently valued at -0.01, compared to the broader market0.002.004.00-0.010.25
The chart of Sortino ratio for TFI, currently valued at 0.01, compared to the broader market-2.000.002.004.006.008.0010.000.010.38
The chart of Omega ratio for TFI, currently valued at 1.00, compared to the broader market0.501.001.502.002.503.001.001.04
The chart of Calmar ratio for TFI, currently valued at -0.01, compared to the broader market0.005.0010.0015.00-0.010.10
The chart of Martin ratio for TFI, currently valued at -0.04, compared to the broader market0.0020.0040.0060.0080.00100.00-0.040.70
TFI
BND

The current TFI Sharpe Ratio is -0.01, which is lower than the BND Sharpe Ratio of 0.25. The chart below compares the historical Sharpe Ratios of TFI and BND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
-0.01
0.25
TFI
BND

Dividends

TFI vs. BND - Dividend Comparison

TFI's dividend yield for the trailing twelve months is around 3.02%, less than BND's 3.34% yield.


TTM20232022202120202019201820172016201520142013
TFI
SPDR Nuveen Bloomberg Barclays Municipal Bond ETF
3.02%2.41%1.87%1.71%2.04%2.14%2.25%2.16%2.39%2.40%2.37%3.35%
BND
Vanguard Total Bond Market ETF
3.34%3.09%2.60%1.97%2.22%2.72%2.81%2.54%2.51%2.57%2.79%2.78%

Drawdowns

TFI vs. BND - Drawdown Comparison

The maximum TFI drawdown since its inception was -15.49%, smaller than the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for TFI and BND. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%JulyAugustSeptemberOctoberNovemberDecember
-6.03%
-9.56%
TFI
BND

Volatility

TFI vs. BND - Volatility Comparison

The current volatility for SPDR Nuveen Bloomberg Barclays Municipal Bond ETF (TFI) is 1.32%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.68%. This indicates that TFI experiences smaller price fluctuations and is considered to be less risky than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%JulyAugustSeptemberOctoberNovemberDecember
1.32%
1.68%
TFI
BND
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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