Screener
ULST vs OVB
State Street Ultra Short Term Bond ETF vs Overlay Shares Core Bond ETF
Key differences
Both ULST and OVB are fixed income ETFs. ULST charges 0.20% a year and OVB 0.79%. The main difference: ULST follows a active selection strategy; OVB uses option income.
- ULST follows a active selection strategy; OVB uses option income.
- ULST costs 0.59% less per year.
- ULST is much larger than OVB. Larger funds are usually more liquid and less likely to close.
- ULST has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| ULST | OVB | |
|---|---|---|
| Annual cost (TER) | 0.20% | 0.79% |
| Fund size (AUM) | $552M | $47M |
| Since | 2013 | 2019 |
| Dividend yield | 4.22% | 6.95% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | active selection | option income |
| CAGR 1Y | +3.9% | +8.6% |
| CAGR 3Y | +4.9% | +5.9% |
| CAGR 5Y | +3.5% | +0.7% |
| Sharpe 3Y | 1.22 | 0.34 |
| Volatility 1Y | 0.66% | 5.93% |
| Max drawdown | -6.20% | -21.68% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.