TOTL vs. BCPL
TOTL (State Street DoubleLine Total Return Tactical ETF) and BCPL (BNY Mellon Core Plus ETF) are both Intermediate Core-Plus Bond funds. Both are actively managed. Their correlation of 0.89 suggests significant overlap in exposure. TOTL charges 0.55%/yr vs 0.40%/yr for BCPL.
Performance
TOTL vs. BCPL - Performance Comparison
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Returns By Period
TOTL
- 1D
- -0.15%
- 1M
- 0.18%
- YTD
- -0.54%
- 6M
- -0.42%
- 1Y
- 3.57%
- 3Y*
- 4.13%
- 5Y*
- 0.58%
- 10Y*
- 1.57%
BCPL
- 1D
- 0.04%
- 1M
- 0.79%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TOTL vs. BCPL - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
TOTL State Street DoubleLine Total Return Tactical ETF | -0.81% |
BCPL BNY Mellon Core Plus ETF | 0.55% |
Correlation
The correlation between TOTL and BCPL is 0.89, 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 12, 2026 | 0.89 |
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Return for Risk
TOTL vs. BCPL — Risk / Return Rank
TOTL
BCPL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TOTL vs. BCPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street DoubleLine Total Return Tactical ETF (TOTL) 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.
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.
| TOTL | BCPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.19 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.18 | — | — |
| Martin ratioReturn relative to average drawdown | 3.30 | — | — |
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Drawdowns
TOTL vs. BCPL - Drawdown Comparison
The maximum TOTL drawdown since its inception was -16.48%, which is greater than BCPL's maximum drawdown of -2.95%. Use the drawdown chart below to compare losses from any high point for TOTL and BCPL.
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Drawdown Indicators
| TOTL | BCPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.48% | -2.95% | -13.53% |
Max Drawdown (1Y)Largest decline over 1 year | -3.04% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -6.60% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -16.48% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -16.48% | — | — |
Current DrawdownCurrent decline from peak | -2.16% | -1.00% | -1.16% |
Average DrawdownAverage peak-to-trough decline | -3.12% | -1.04% | -2.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.09% | — | — |
Volatility
TOTL vs. BCPL - Volatility Comparison
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Volatility by Period
| TOTL | BCPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.12% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.57% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.45% | 4.02% | -0.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.60% | 4.02% | +1.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.79% | 4.02% | +0.77% |
TOTL vs. BCPL - Expense Ratio Comparison
TOTL has a 0.55% expense ratio, which is higher than BCPL's 0.40% expense ratio.
Dividends
TOTL vs. BCPL - Dividend Comparison
TOTL's dividend yield for the trailing twelve months is around 5.30%, more than BCPL's 1.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
TOTL State Street DoubleLine Total Return Tactical ETF | 5.30% | 5.23% | 5.35% | 4.85% | 4.68% | 3.07% | 2.91% | 3.31% | 3.41% | 3.00% | 3.25% | 2.67% |
Frequently Asked Questions
TOTL and BCPL have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BCPL is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BCPL is cheaper with a 0.40% expense ratio, compared with 0.55% for TOTL.
TOTL has the higher dividend yield at 5.30%, compared with 1.56% for BCPL.
They also come from different issuers: State Street and BNY Mellon. Their fees differ too: 0.55% for TOTL and 0.40% for BCPL.
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