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MNBD vs ULST

ALPS Intermediate Municipal Bond ETF vs State Street Ultra Short Term Bond ETF

MNBD

ALPS Intermediate Municipal Bond ETF

ALPS

Annual cost

0.44%

Fund size

$55M

ULST

State Street Ultra Short Term Bond ETF

State Street Investment Management

Annual cost

0.20%

Fund size

$600M

Key differences

  • ULST costs 0.24% less per year.
  • ULST is significantly larger than MNBD — larger funds tend to be more liquid and less likely to close.
  • MNBD follows a active selection strategy; ULST uses index tracking.
  • ULST has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MNBDULST
Annual cost (TER)0.44%0.20%
Fund size (AUM)$55M$600M
Since20222013
Dividend yield3.33%4.33%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+5.8%+4.1%
CAGR 3Y+4.0%+4.9%
CAGR 5YN/A+3.5%
Sharpe 3Y0.131.25
Volatility 1Y2.47%0.66%
Max drawdown-5.89%-6.20%

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

Similar to MNBD and ULST