SPAB vs. MINT - ETF Comparison
SPAB - SPDR Portfolio Aggregate Bond ETF
The SPDR Portfolio Aggregate Bond ETF is a fixed income fund that tracks the Bloomberg US Aggregate Index, providing broad exposure to the US investment-grade bond market. The fund aims to offer a diversified portfolio of bonds with varying maturities, sectors, and credit qualities.
MINT - PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
The PIMCO Enhanced Short Maturity Active Exchange-Traded Fund is an actively managed bond ETF that focuses on investment-grade, short-term corporate debt with maturities within one year. It provides a low-risk, low-return investment option for investors seeking a safe haven in volatile markets.
| SPAB | MINT | |
|---|---|---|
| Fund Name | SPDR Portfolio Aggregate Bond ETF | PIMCO Enhanced Short Maturity Active Exchange-Traded Fund |
| Fund Provider | State Street | Allianz Investment Management LLC |
| Index | Bloomberg US Aggregate | Active (No Index) |
| Asset Class | Bonds | Bonds |
| Listing | US-listed | US-listed |
| Expense Ratio | 0.03% | 0.35% |
| Inception Date | 2007-05-23 | 2009-11-16 |
| Number Of Holdings | 7317 | 707 |
| Currency | USD | USD |
| Region | Developed Markets | United States |
| Sector | Financials | Financials |
| Sector Detail | Bonds | Banks |
| Bond Type | Broad Market | Broad Market |
| Leveraged | Non-leveraged | Non-leveraged |
Select Timeframe
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Performance Analysis
The performance analysis examines historical data to assess the returns of the investment strategy, including key metrics such as Cumulative returns, End of Year (EoY) returns, and risk-adjusted returns like the Sharpe ratio or the Sortino ratio.
Cumulative Returns
End of Year Returns Table
End of Year Returns
Risk Analysis
The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.
Drawdowns
Drawdowns Table
Monte Carlo Simulation
The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.
IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.