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BFIX vs SPBO

Build Bond Innovation ETF vs State Street SPDR Portfolio Corporate Bond ETF

BFIX

Build Bond Innovation ETF

Build Asset Management, LLC

Annual cost

0.45%

Fund size

$13M

SPBO

State Street SPDR Portfolio Corporate Bond ETF

State Street Investment Management

Annual cost

0.03%

Fund size

$2.0B

Key differences

  • SPBO costs 0.42% less per year.
  • SPBO is significantly larger than BFIX — larger funds tend to be more liquid and less likely to close.
  • BFIX is classified as alternative, while SPBO is fixed income — different risk/return profiles.
  • BFIX covers north america markets; SPBO covers global.
  • BFIX follows a option income strategy; SPBO uses index tracking.
  • Over the last 3 years, BFIX has delivered higher annualized returns.
  • SPBO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BFIXSPBO
Annual cost (TER)0.45%0.03%
Fund size (AUM)$13M$2.0B
Since20222011
Dividend yield3.60%5.12%
Asset classalternativefixed income
Regionnorth americaglobal
Strategyoption incomeindex tracking
CAGR 1Y+4.7%+7.2%
CAGR 3Y+7.7%+5.7%
CAGR 5YN/A+0.9%
Sharpe 3Y0.810.36
Volatility 1Y2.90%4.45%
Max drawdown-8.03%-22.04%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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