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SPMB vs CORP

State Street SPDR Portfolio Mortgage Backed Bond ETF vs PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

SPMB

State Street SPDR Portfolio Mortgage Backed Bond ETF

State Street Investment Management

Annual cost

0.04%

Fund size

$6.9B

CORP

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

PIMCO

Annual cost

0.41%

Fund size

$1.6B

Key differences

  • SPMB costs 0.37% less per year.
  • SPMB is significantly larger than CORP — larger funds tend to be more liquid and less likely to close.
  • SPMB is classified as fixed income, while CORP is alternative — different risk/return profiles.
  • Over the last 3 years, CORP has delivered higher annualized returns.

Side-by-side comparison

SPMBCORP
Annual cost (TER)0.04%0.41%
Fund size (AUM)$6.9B$1.6B
Since20092010
Dividend yield4.04%4.81%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+7.5%+6.9%
CAGR 3Y+4.3%+5.4%
CAGR 5Y+0.3%+1.0%
Sharpe 3Y0.140.32
Volatility 1Y4.29%4.22%
Max drawdown-18.03%-21.21%

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

Similar to SPMB and CORP