UBND vs. TOTL
UBND (VictoryShares Core Plus Intermediate Bond ETF) and TOTL (State Street DoubleLine Total Return Tactical ETF) are both Intermediate Core-Plus Bond funds. Both are actively managed. Over the past 3 years, UBND returned 5.00%/yr vs 4.13%/yr for TOTL. Their correlation of 0.86 suggests significant overlap in exposure. UBND charges 0.40%/yr vs 0.55%/yr for TOTL.
Performance
UBND vs. TOTL - Performance Comparison
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Returns By Period
In the year-to-date period, UBND achieves a 0.53% return, which is significantly higher than TOTL's -0.54% return.
UBND
- 1D
- 0.09%
- 1M
- 0.78%
- YTD
- 0.53%
- 6M
- 0.78%
- 1Y
- 4.75%
- 3Y*
- 5.00%
- 5Y*
- —
- 10Y*
- —
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%
UBND vs. TOTL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
UBND VictoryShares Core Plus Intermediate Bond ETF | 0.53% | 7.79% | 3.04% | 7.37% | -12.72% | 0.14% |
TOTL State Street DoubleLine Total Return Tactical ETF | -0.54% | 7.68% | 3.15% | 5.55% | -11.59% | -0.92% |
Correlation
The correlation between UBND and TOTL is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Oct 5, 2021 | 0.86 |
The correlation between UBND and TOTL has been stable across timeframes, ranging from 0.86 to 0.92 - a consistent structural relationship.
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Return for Risk
UBND vs. TOTL — Risk / Return Rank
UBND
TOTL
UBND vs. TOTL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VictoryShares Core Plus Intermediate Bond ETF (UBND) and State Street DoubleLine Total Return Tactical ETF (TOTL). 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.
| UBND | TOTL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.33 | ||
| Sortino ratioReturn per unit of downside risk | +0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.19 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.82 | 1.18 | +0.64 |
| Martin ratioReturn relative to average drawdown | 5.51 | 3.30 | +2.21 |
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Drawdowns
UBND vs. TOTL - Drawdown Comparison
The maximum UBND drawdown since its inception was -16.53%, roughly equal to the maximum TOTL drawdown of -16.48%. Use the drawdown chart below to compare losses from any high point for UBND and TOTL.
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Drawdown Indicators
| UBND | TOTL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.53% | -16.48% | -0.05% |
Max Drawdown (1Y)Largest decline over 1 year | -2.62% | -3.04% | +0.42% |
Max Drawdown (3Y)Largest decline over 3 years | -5.07% | -6.60% | +1.53% |
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 | -1.05% | -2.16% | +1.11% |
Average DrawdownAverage peak-to-trough decline | -5.39% | -3.12% | -2.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.86% | 1.09% | -0.23% |
Volatility
UBND vs. TOTL - Volatility Comparison
VictoryShares Core Plus Intermediate Bond ETF (UBND) and State Street DoubleLine Total Return Tactical ETF (TOTL) have volatilities of 1.11% and 1.12%, 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.
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Volatility by Period
| UBND | TOTL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.11% | 1.12% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 2.56% | 2.57% | -0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.49% | 3.45% | +0.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.79% | 5.60% | +0.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.79% | 4.79% | +1.00% |
UBND vs. TOTL - Expense Ratio Comparison
UBND has a 0.40% expense ratio, which is lower than TOTL's 0.55% expense ratio.
Dividends
UBND vs. TOTL - Dividend Comparison
UBND's dividend yield for the trailing twelve months is around 4.81%, less than TOTL's 5.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
UBND VictoryShares Core Plus Intermediate Bond ETF | 4.81% | 4.56% | 4.63% | 4.37% | 3.28% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.91, UBND and TOTL move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
TOTL has higher volatility (1.12%) compared to UBND (1.11%). In terms of maximum drawdown, UBND dropped -16.53% vs TOTL's -16.48%.
On 3-year performance, UBND leads with 5.00% vs 4.13% for TOTL. On fees, UBND is cheaper at 0.40% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, UBND has performed better with a 5.00% return vs 4.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
UBND 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 4.81% for UBND.
They also come from different issuers: Victory and State Street. Their fees differ too: 0.40% for UBND and 0.55% for TOTL.
UBND currently has the higher Sharpe Ratio (1.37 vs 1.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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