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SPBO vs XB

State Street SPDR Portfolio Corporate Bond ETF vs BondBloxx B Rated USD High Yield Corporate Bond ETF

SPBO

State Street SPDR Portfolio Corporate Bond ETF

State Street Investment Management

Annual cost

0.03%

Fund size

$2.0B

XB

BondBloxx B Rated USD High Yield Corporate Bond ETF

BondBloxx Investment Management

Annual cost

0.30%

Fund size

$34M

Key differences

  • SPBO costs 0.27% less per year.
  • SPBO is significantly larger than XB — larger funds tend to be more liquid and less likely to close.
  • SPBO covers global markets; XB covers north america.
  • Over the last 3 years, XB has delivered higher annualized returns.
  • SPBO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SPBOXB
Annual cost (TER)0.03%0.30%
Fund size (AUM)$2.0B$34M
Since20112022
Dividend yield5.12%7.11%
Asset classfixed incomefixed income
Regionglobalnorth america
Strategyindex trackingindex tracking
CAGR 1Y+7.2%+8.2%
CAGR 3Y+5.7%+8.6%
CAGR 5Y+0.9%N/A
Sharpe 3Y0.360.92
Volatility 1Y4.45%3.79%
Max drawdown-22.04%-9.25%

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

Similar to SPBO and XB