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RFIX vs SPBO

Simplify Bond Bull ETF vs State Street SPDR Portfolio Corporate Bond ETF

RFIX

Simplify Bond Bull ETF

Simplify Asset Management

Annual cost

0.50%

Fund size

$56M

SPBO

State Street SPDR Portfolio Corporate Bond ETF

State Street Investment Management

Annual cost

0.03%

Fund size

$2.0B

Key differences

  • SPBO costs 0.47% less per year.
  • SPBO is significantly larger than RFIX — larger funds tend to be more liquid and less likely to close.
  • RFIX covers north america markets; SPBO covers global.
  • RFIX follows a active selection strategy; SPBO uses index tracking.
  • SPBO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

RFIXSPBO
Annual cost (TER)0.50%0.03%
Fund size (AUM)$56M$2.0B
Since20242011
Dividend yield4.61%5.12%
Asset classfixed incomefixed income
Regionnorth americaglobal
Strategyactive selectionindex tracking
CAGR 1Y-12.8%+7.2%
CAGR 3YN/A+5.7%
CAGR 5YN/A+0.9%
Sharpe 3YN/A0.36
Volatility 1Y30.02%4.45%
Max drawdown-38.79%-22.04%

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

Similar to RFIX and SPBO