THOPX vs. SPSB
Compare and contrast key facts about Thompson Bond Fund (THOPX) and SPDR Portfolio Short Term Corporate Bond ETF (SPSB).
THOPX is managed by Thompson IM. It was launched on Feb 10, 1992. SPSB is a passively managed fund by State Street that tracks the performance of the Bloomberg Barclays U.S. 1-3 Year Corporate Bond Index. It was launched on Dec 16, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: THOPX or SPSB.
Correlation
The correlation between THOPX and SPSB is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
THOPX vs. SPSB - Performance Comparison
Key characteristics
THOPX:
4.36
SPSB:
4.07
THOPX:
6.86
SPSB:
6.66
THOPX:
2.10
SPSB:
1.93
THOPX:
5.72
SPSB:
8.66
THOPX:
31.62
SPSB:
28.60
THOPX:
0.29%
SPSB:
0.23%
THOPX:
2.12%
SPSB:
1.63%
THOPX:
-43.95%
SPSB:
-11.75%
THOPX:
-0.66%
SPSB:
-0.07%
Returns By Period
In the year-to-date period, THOPX achieves a 1.92% return, which is significantly higher than SPSB's 1.77% return. Over the past 10 years, THOPX has outperformed SPSB with an annualized return of 3.34%, while SPSB has yielded a comparatively lower 2.29% annualized return.
THOPX
1.92%
-0.48%
3.45%
9.12%
5.14%
3.34%
SPSB
1.77%
0.41%
2.35%
6.59%
2.44%
2.29%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
THOPX vs. SPSB - Expense Ratio Comparison
THOPX has a 0.71% expense ratio, which is higher than SPSB's 0.07% expense ratio.
Risk-Adjusted Performance
THOPX vs. SPSB — Risk-Adjusted Performance Rank
THOPX
SPSB
THOPX vs. SPSB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Thompson Bond Fund (THOPX) and SPDR Portfolio Short Term Corporate Bond ETF (SPSB). 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.
Dividends
THOPX vs. SPSB - Dividend Comparison
THOPX's dividend yield for the trailing twelve months is around 5.11%, more than SPSB's 4.85% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
THOPX Thompson Bond Fund | 5.11% | 5.34% | 5.88% | 3.93% | 3.59% | 5.16% | 3.48% | 3.07% | 3.06% | 4.25% | 4.58% | 4.01% |
SPSB SPDR Portfolio Short Term Corporate Bond ETF | 4.85% | 4.85% | 4.05% | 1.92% | 1.19% | 1.94% | 2.77% | 2.36% | 1.94% | 1.65% | 1.43% | 1.26% |
Drawdowns
THOPX vs. SPSB - Drawdown Comparison
The maximum THOPX drawdown since its inception was -43.95%, which is greater than SPSB's maximum drawdown of -11.75%. Use the drawdown chart below to compare losses from any high point for THOPX and SPSB. For additional features, visit the drawdowns tool.
Volatility
THOPX vs. SPSB - Volatility Comparison
Thompson Bond Fund (THOPX) has a higher volatility of 1.15% compared to SPDR Portfolio Short Term Corporate Bond ETF (SPSB) at 0.75%. This indicates that THOPX's price experiences larger fluctuations and is considered to be riskier than SPSB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.