BNDC vs SSFI
Northern Trust Core Bond ETF vs Day Hagan Smart Sector Fixed Income ETF
Which is better, BNDC or SSFI?
Nearly the same fund. BNDC costs less.
BNDC has a lower expense ratio. BNDC led over 3Y, SSFI over 1Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.98.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BNDC | SSFI |
|---|---|---|
| Expense Ratio | 0.38%Best | 0.75% |
| AUM | $165M | $29M |
| Dividend Yield | 4.33% | 3.96% |
| Holdings | 16 | 17 |
| YTD Return | -2.88% | -2.59%Best |
| 1Y Return | -2.81% | -2.62%Best |
| 3Y Return (annualized) | +4.23%Best | +3.70% |
| 5Y Return (annualized) | -0.95% | -0.86%Best |
| Volatility (annualized) | 6.5% | 6.1%Best |
| Max Drawdown | -18.1% | -16.1%Best |
| $10,000 over 5 years | $9,534 | $9,577Best |
| Fund Family | Northern Trust Asset Management | Day Hagan Funds |
| Category | Fixed Income | Fixed Income |
| Inception | Nov 18, 2016 | Sep 28, 2021 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown are measured over the window both funds cover: Sep 29, 2021 to Oct 14, 2026 (5 years).
BNDC vs SSFI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5 years both funds cover.
BNDC vs SSFI Performance
Northern Trust Core Bond ETF (BNDC) is an ETF from Northern Trust Asset Management and Day Hagan Smart Sector Fixed Income ETF (SSFI) is an ETF from Day Hagan Funds. Over the past year BNDC returned -2.81% while SSFI returned -2.62%. Year to date, BNDC is down 2.88% versus a loss of 2.59% for SSFI.
Over three years, BNDC compounded at +4.23% per year against +3.70% for SSFI; over five years the annualized figures are -0.95% and -0.86% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BNDC has been the more volatile fund, with annualized monthly volatility of 6.5% compared with 6.1% for SSFI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.1% for BNDC and -16.1% for SSFI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BNDC charges 0.38% per year while SSFI charges 0.75%. On a $10,000 position that is $38 vs $75 annually, a gap of $37 per year that compounds over a long holding period. On income, BNDC currently yields 4.33% against 3.96% for SSFI.
Holdings Overlap
We hold position weights for 7 holdings in BNDC and 9 in SSFI, totalling 99.2% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 7 positions we hold weights for in BNDC and 9 in SSFI, against full books of 16 and 17.
What only one of them owns
Our book lists 9 positions for SSFI that do not appear in our book for BNDC (100.0% of the fund), and 7 for BNDC that do not appear in SSFI (99.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of BNDC and SSFI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BNDC or SSFI?
BNDC has an expense ratio of 0.38% while SSFI charges 0.75%. BNDC is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, BNDC or SSFI?
Over the past year BNDC returned -2.81% vs -2.62% for SSFI, so SSFI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BNDC or SSFI?
BNDC has been the more volatile fund at 6.5% annualized versus 6.1% for SSFI. Worst drawdown: BNDC -18.1% vs SSFI -16.1%.
Should I hold both BNDC and SSFI?
BNDC and SSFI have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, BNDC or SSFI?
BNDC yields 4.33% while SSFI yields 3.96%, so BNDC currently pays the higher dividend yield.
Is SSFI better than BNDC?
BNDC has a lower expense ratio. BNDC led over 3Y, SSFI over 1Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.98. Which one suits a particular account depends on what it is for. This is information, not a recommendation.