WBND vs. SPY
Compare and contrast key facts about Western Asset Total Return ETF (WBND) and SPDR S&P 500 ETF (SPY).
WBND and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WBND is an actively managed fund by Franklin Templeton. It was launched on Oct 3, 2018. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WBND or SPY.
Correlation
The correlation between WBND and SPY is 0.18, 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
WBND vs. SPY - Performance Comparison
Key characteristics
WBND:
0.64
SPY:
1.75
WBND:
0.95
SPY:
2.36
WBND:
1.12
SPY:
1.32
WBND:
0.19
SPY:
2.66
WBND:
1.57
SPY:
11.01
WBND:
2.73%
SPY:
2.03%
WBND:
6.43%
SPY:
12.77%
WBND:
-29.23%
SPY:
-55.19%
WBND:
-17.91%
SPY:
-2.12%
Returns By Period
The year-to-date returns for both investments are quite close, with WBND having a 2.26% return and SPY slightly higher at 2.36%.
WBND
2.26%
1.61%
-1.49%
4.43%
1.39%
N/A
SPY
2.36%
-1.07%
7.41%
19.73%
14.21%
12.96%
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WBND vs. SPY - Expense Ratio Comparison
WBND has a 0.47% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
WBND vs. SPY — Risk-Adjusted Performance Rank
WBND
SPY
WBND vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Asset Total Return ETF (WBND) and SPDR S&P 500 ETF (SPY). 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
WBND vs. SPY - Dividend Comparison
WBND's dividend yield for the trailing twelve months is around 4.88%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WBND Western Asset Total Return ETF | 4.88% | 5.06% | 3.17% | 2.90% | 11.70% | 17.02% | 20.17% | 1.90% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
WBND vs. SPY - Drawdown Comparison
The maximum WBND drawdown since its inception was -29.23%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for WBND and SPY. For additional features, visit the drawdowns tool.
Volatility
WBND vs. SPY - Volatility Comparison
The current volatility for Western Asset Total Return ETF (WBND) is 1.24%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.38%. This indicates that WBND experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.