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MNBD vs SPBO

ALPS Intermediate Municipal Bond ETF vs State Street SPDR Portfolio Corporate Bond ETF

MNBD

ALPS Intermediate Municipal Bond ETF

ALPS

Annual cost

0.44%

Fund size

$55M

SPBO

State Street SPDR Portfolio Corporate Bond ETF

State Street Investment Management

Annual cost

0.03%

Fund size

$2.0B

Key differences

  • SPBO costs 0.41% less per year.
  • SPBO is significantly larger than MNBD — larger funds tend to be more liquid and less likely to close.
  • MNBD covers north america markets; SPBO covers global.
  • MNBD follows a active selection strategy; SPBO uses index tracking.
  • Over the last 3 years, SPBO has delivered higher annualized returns.
  • SPBO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MNBDSPBO
Annual cost (TER)0.44%0.03%
Fund size (AUM)$55M$2.0B
Since20222011
Dividend yield3.33%5.12%
Asset classfixed incomefixed income
Regionnorth americaglobal
Strategyactive selectionindex tracking
CAGR 1Y+5.8%+7.2%
CAGR 3Y+4.0%+5.7%
CAGR 5YN/A+0.9%
Sharpe 3Y0.130.36
Volatility 1Y2.47%4.45%
Max drawdown-5.89%-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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