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TOTL vs. FBND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

TOTL vs. FBND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR DoubleLine Total Return Tactical ETF (TOTL) and Fidelity Total Bond ETF (FBND). The values are adjusted to include any dividend payments, if applicable.

0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
3.63%
3.54%
TOTL
FBND

Returns By Period

In the year-to-date period, TOTL achieves a 3.37% return, which is significantly higher than FBND's 2.54% return.


TOTL

YTD

3.37%

1M

-0.37%

6M

3.62%

1Y

8.27%

5Y (annualized)

-0.07%

10Y (annualized)

N/A

FBND

YTD

2.54%

1M

-0.30%

6M

3.54%

1Y

7.40%

5Y (annualized)

0.97%

10Y (annualized)

2.22%

Key characteristics


TOTLFBND
Sharpe Ratio1.311.28
Sortino Ratio1.911.87
Omega Ratio1.251.23
Calmar Ratio0.660.62
Martin Ratio5.594.70
Ulcer Index1.48%1.58%
Daily Std Dev6.34%5.76%
Max Drawdown-16.48%-17.25%
Current Drawdown-4.98%-5.16%

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TOTL vs. FBND - Expense Ratio Comparison

TOTL has a 0.55% expense ratio, which is higher than FBND's 0.36% expense ratio.


TOTL
SPDR DoubleLine Total Return Tactical ETF
Expense ratio chart for TOTL: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%
Expense ratio chart for FBND: current value at 0.36% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.36%

Correlation

-0.50.00.51.00.8

The correlation between TOTL and FBND is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

TOTL vs. FBND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR DoubleLine Total Return Tactical ETF (TOTL) and Fidelity Total Bond ETF (FBND). 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 TOTL, currently valued at 1.30, compared to the broader market0.002.004.001.311.28
The chart of Sortino ratio for TOTL, currently valued at 1.91, compared to the broader market-2.000.002.004.006.008.0010.0012.001.911.87
The chart of Omega ratio for TOTL, currently valued at 1.25, compared to the broader market0.501.001.502.002.503.001.251.23
The chart of Calmar ratio for TOTL, currently valued at 0.66, compared to the broader market0.005.0010.0015.000.660.62
The chart of Martin ratio for TOTL, currently valued at 5.59, compared to the broader market0.0020.0040.0060.0080.00100.00120.005.594.70
TOTL
FBND

The current TOTL Sharpe Ratio is 1.31, which is comparable to the FBND Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of TOTL and FBND, 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 Ratio0.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
1.31
1.28
TOTL
FBND

Dividends

TOTL vs. FBND - Dividend Comparison

TOTL's dividend yield for the trailing twelve months is around 5.21%, more than FBND's 4.59% yield.


TTM2023202220212020201920182017201620152014
TOTL
SPDR DoubleLine Total Return Tactical ETF
5.21%4.85%4.68%3.07%2.91%3.31%3.41%2.99%3.25%2.67%0.00%
FBND
Fidelity Total Bond ETF
4.59%4.26%3.07%1.86%4.25%2.90%2.93%2.56%2.84%3.26%0.66%

Drawdowns

TOTL vs. FBND - Drawdown Comparison

The maximum TOTL drawdown since its inception was -16.48%, roughly equal to the maximum FBND drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for TOTL and FBND. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%JuneJulyAugustSeptemberOctoberNovember
-4.98%
-5.16%
TOTL
FBND

Volatility

TOTL vs. FBND - Volatility Comparison

SPDR DoubleLine Total Return Tactical ETF (TOTL) and Fidelity Total Bond ETF (FBND) have volatilities of 1.43% and 1.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.20%1.40%1.60%1.80%2.00%JuneJulyAugustSeptemberOctoberNovember
1.43%
1.38%
TOTL
FBND