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ACVT vs SPBO

Advent Convertible Bond ETF vs State Street SPDR Portfolio Corporate Bond ETF

ACVT

Advent Convertible Bond ETF

Annual cost

0.65%

Fund size

$32M

SPBO

State Street SPDR Portfolio Corporate Bond ETF

Annual cost

0.03%

Fund size

$2.0B

Key differences

Both ACVT and SPBO are fixed income ETFs. ACVT charges 0.65% a year and SPBO 0.03%. The main difference: ACVT follows a active selection strategy; SPBO uses index tracking.

  • ACVT follows a active selection strategy; SPBO uses index tracking.
  • ACVT covers North America; SPBO covers global markets.
  • SPBO costs 0.62% less per year.
  • SPBO is much larger than ACVT. Larger funds are usually more liquid and less likely to close.
  • SPBO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ACVTSPBO
Annual cost (TER)0.65%0.03%
Fund size (AUM)$32M$2.0B
Since20252011
Dividend yield1.46%5.09%
Asset classfixed incomefixed income
Regionnorth americaglobal
Strategyactive selectionindex tracking
CAGR 1Y+9.9%+5.8%
CAGR 3YN/A+5.5%
CAGR 5YN/A+0.8%
Sharpe 3YN/A0.32
Volatility 1Y5.68%4.34%
Max drawdown-4.81%-22.04%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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