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SPMB vs SPBO

State Street SPDR Portfolio Mortgage Backed Bond ETF vs State Street SPDR Portfolio Corporate Bond ETF

SPMB

State Street SPDR Portfolio Mortgage Backed Bond ETF

State Street Investment Management

Annual cost

0.04%

Fund size

$6.9B

SPBO

State Street SPDR Portfolio Corporate Bond ETF

State Street Investment Management

Annual cost

0.03%

Fund size

$2.0B

Key differences

  • SPMB is significantly larger than SPBO — larger funds tend to be more liquid and less likely to close.
  • SPMB covers north america markets; SPBO covers global.
  • Over the last 3 years, SPBO has delivered higher annualized returns.

Side-by-side comparison

SPMBSPBO
Annual cost (TER)0.04%0.03%
Fund size (AUM)$6.9B$2.0B
Since20092011
Dividend yield4.04%5.12%
Asset classfixed incomefixed income
Regionnorth americaglobal
Strategyindex trackingindex tracking
CAGR 1Y+7.2%+7.3%
CAGR 3Y+4.0%+5.5%
CAGR 5Y+0.2%+0.8%
Sharpe 3Y0.100.33
Volatility 1Y4.28%4.46%
Max drawdown-18.03%-22.04%

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

Similar to SPMB and SPBO