Screener
SPBO vs PICB
State Street SPDR Portfolio Corporate Bond ETF vs Invesco International Corporate Bond ETF
Key differences
Both SPBO and PICB are fixed income ETFs. SPBO charges 0.03% a year and PICB 0.50%. The main difference: SPBO covers global markets; PICB covers global markets excluding the US.
- SPBO covers global markets; PICB covers global markets excluding the US.
- SPBO costs 0.47% less per year.
- SPBO is much larger than PICB. Larger funds are usually more liquid and less likely to close.
Side-by-side comparison
| SPBO | PICB | |
|---|---|---|
| Annual cost (TER) | 0.03% | 0.50% |
| Fund size (AUM) | $2.0B | $356M |
| Since | 2011 | 2010 |
| Dividend yield | 5.09% | 3.30% |
| Asset class | fixed income | fixed income |
| Region | global | global ex us |
| Strategy | index tracking | index tracking |
| CAGR 1Y | +6.0% | +2.0% |
| CAGR 3Y | +5.9% | +6.5% |
| CAGR 5Y | +0.8% | -2.3% |
| Sharpe 3Y | 0.39 | 0.36 |
| Volatility 1Y | 4.38% | 7.86% |
| Max drawdown | -22.04% | -37.15% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.