Screener
SCMB vs OVB
Schwab Municipal Bond ETF vs Overlay Shares Core Bond ETF
Key differences
Both SCMB and OVB are fixed income ETFs. SCMB charges 0.03% a year and OVB 0.79%. The main difference: SCMB follows a index tracking strategy; OVB uses option income.
- SCMB follows a index tracking strategy; OVB uses option income.
- SCMB costs 0.76% less per year.
- SCMB is much larger than OVB. Larger funds are usually more liquid and less likely to close.
- Over the last three years, OVB has delivered higher annualized returns.
Side-by-side comparison
| SCMB | OVB | |
|---|---|---|
| Annual cost (TER) | 0.03% | 0.79% |
| Fund size (AUM) | $3.9B | $47M |
| Since | 2022 | 2019 |
| Dividend yield | 3.56% | 6.95% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | index tracking | option income |
| CAGR 1Y | +6.4% | +8.6% |
| CAGR 3Y | +3.3% | +5.9% |
| CAGR 5Y | N/A | +0.7% |
| Sharpe 3Y | -0.05 | 0.34 |
| Volatility 1Y | 2.89% | 5.93% |
| Max drawdown | -6.13% | -21.68% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.