TOTL vs. BYLD
Compare and contrast key facts about SPDR DoubleLine Total Return Tactical ETF (TOTL) and iShares Yield Optimized Bond ETF (BYLD).
TOTL and BYLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TOTL is an actively managed fund by State Street. It was launched on Feb 23, 2015. BYLD is a passively managed fund by iShares that tracks the performance of the Morningstar U.S. Bond Market Yield-Optimized Index. It was launched on Apr 22, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TOTL or BYLD.
Correlation
The correlation between TOTL and BYLD is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
TOTL vs. BYLD - Performance Comparison
Loading data...
Key characteristics
TOTL:
1.14
BYLD:
1.24
TOTL:
1.55
BYLD:
1.67
TOTL:
1.18
BYLD:
1.22
TOTL:
0.57
BYLD:
1.26
TOTL:
2.55
BYLD:
5.78
TOTL:
2.03%
BYLD:
0.95%
TOTL:
4.90%
BYLD:
4.80%
TOTL:
-16.48%
BYLD:
-14.75%
TOTL:
-3.04%
BYLD:
-0.30%
Returns By Period
The year-to-date returns for both investments are quite close, with TOTL having a 2.25% return and BYLD slightly higher at 2.28%. Over the past 10 years, TOTL has underperformed BYLD with an annualized return of 1.42%, while BYLD has yielded a comparatively higher 2.51% annualized return.
TOTL
2.25%
0.07%
2.10%
5.56%
2.27%
-0.08%
1.42%
BYLD
2.28%
1.29%
2.14%
5.92%
4.33%
1.15%
2.51%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TOTL vs. BYLD - Expense Ratio Comparison
TOTL has a 0.55% expense ratio, which is higher than BYLD's 0.20% expense ratio.
Risk-Adjusted Performance
TOTL vs. BYLD — Risk-Adjusted Performance Rank
TOTL
BYLD
TOTL vs. BYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR DoubleLine Total Return Tactical ETF (TOTL) and iShares Yield Optimized Bond ETF (BYLD). 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.
Loading data...
Dividends
TOTL vs. BYLD - Dividend Comparison
TOTL's dividend yield for the trailing twelve months is around 5.33%, less than BYLD's 5.50% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TOTL SPDR DoubleLine Total Return Tactical ETF | 5.33% | 5.35% | 4.85% | 4.68% | 3.07% | 2.91% | 3.31% | 3.41% | 3.00% | 3.25% | 2.67% | 0.00% |
BYLD iShares Yield Optimized Bond ETF | 5.50% | 5.31% | 4.45% | 3.39% | 2.18% | 3.41% | 3.67% | 4.22% | 3.22% | 3.14% | 3.37% | 2.12% |
Drawdowns
TOTL vs. BYLD - Drawdown Comparison
The maximum TOTL drawdown since its inception was -16.48%, which is greater than BYLD's maximum drawdown of -14.75%. Use the drawdown chart below to compare losses from any high point for TOTL and BYLD. For additional features, visit the drawdowns tool.
Loading data...
Volatility
TOTL vs. BYLD - Volatility Comparison
The current volatility for SPDR DoubleLine Total Return Tactical ETF (TOTL) is 1.27%, while iShares Yield Optimized Bond ETF (BYLD) has a volatility of 1.48%. This indicates that TOTL experiences smaller price fluctuations and is considered to be less risky than BYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...