SPMB vs. VMBS - ETF Comparison
SPMB - SPDR Portfolio Mortgage Backed Bond ETF
The SPDR Portfolio Mortgage Backed Bond ETF is an exchange-traded fund that tracks the Bloomberg US Aggregate Securitized - MBS index, providing exposure to the US mortgage-backed securities market. The fund invests in a diversified portfolio of mortgage-backed bonds, aiming to provide income and capital preservation.
VMBS - Vanguard Mortgage-Backed Securities ETF
The Vanguard Mortgage-Backed Securities ETF provides diversified exposure to the US mortgage-backed securities market, offering a low-cost way to invest in high-quality, liquid bonds with attractive yields. The fund's broad portfolio of over 4,900 holdings helps to minimize risk and maximize returns, making it an attractive option for long-term investors seeking to add fixed income exposure to their portfolios.
| SPMB | VMBS | |
|---|---|---|
| Fund Name | SPDR Portfolio Mortgage Backed Bond ETF | Vanguard Mortgage-Backed Securities ETF |
| Fund Provider | State Street | Vanguard |
| Index | Bloomberg US Aggregate Securitized - MBS | Bloomberg US MBS - Float Adjusted |
| Asset Class | Bonds | Bonds |
| Listing | US-listed | US-listed |
| Expense Ratio | 0.04% | 0.04% |
| Inception Date | 2009-01-15 | 2009-11-19 |
| Number Of Holdings | 2423 | 4990 |
| Currency | USD | USD |
| Region | United States | United States |
| Sector | Financials | Financials |
| Sector Detail | Mortgage-Backed Securities | Mortgage-Backed Securities |
| Bond Type | Specialized Bonds | Specialized Bonds |
| Leveraged | Non-leveraged | Non-leveraged |
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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.