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ICVT vs SPBO

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

ICVT

iShares Convertible Bond ETF

Annual cost

0.20%

Fund size

$7.1B

SPBO

State Street SPDR Portfolio Corporate Bond ETF

Annual cost

0.03%

Fund size

$2.0B

Key differences

Both ICVT and SPBO are fixed income ETFs. ICVT charges 0.20% a year and SPBO 0.03%. The main difference: ICVT covers North America; SPBO covers global markets.

  • ICVT covers North America; SPBO covers global markets.
  • SPBO costs 0.17% less per year.
  • ICVT is much larger than SPBO. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, ICVT has delivered higher annualized returns.

Side-by-side comparison

ICVTSPBO
Annual cost (TER)0.20%0.03%
Fund size (AUM)$7.1B$2.0B
Since20152011
Dividend yield1.33%5.09%
Asset classfixed incomefixed income
Regionnorth americaglobal
Strategyindex trackingindex tracking
CAGR 1Y+32.5%+5.8%
CAGR 3Y+18.4%+5.5%
CAGR 5Y+6.7%+0.8%
Sharpe 3Y1.190.32
Volatility 1Y15.11%4.34%
Max drawdown-33.25%-22.04%

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

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