NDOW vs OBND
Anydrus Advantage ETF vs State Street Loomis Sayles Opportunistic Bond ETF
Which is better, NDOW or OBND?
NDOW has been ahead.
OBND has a lower expense ratio. NDOW led over 1Y and the full window.
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 | NDOW | OBND |
|---|---|---|
| Expense Ratio | 2.11% | 0.55%Best |
| AUM | $69M | $31M |
| Dividend Yield | 1.20% | 6.59% |
| Holdings | 169 | 420 |
| YTD Return | +3.27%Best | -5.32% |
| 1Y Return | +7.31%Best | -4.26% |
| 3Y Return (annualized) | - | +4.72% |
| 5Y Return (annualized) | - | +0.81% |
| Volatility (annualized) | 7.6% | 4.0%Best |
| Max Drawdown | -8.8% | -5.9%Best |
| $10,000 over 2.4 years | $11,697Best | $10,655 |
| Fund Family | Anydrus Capital | State Street Investment Management |
| Category | Allocation/Balanced | Allocation/Balanced |
| Style | Allocation/Balanced | Allocation/Balanced |
| Inception | May 14, 2024 | Sep 27, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 14, 2024 to Oct 14, 2026 (2.4 years).
NDOW vs OBND 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 2.4 years both funds cover.
NDOW vs OBND Performance
Anydrus Advantage ETF (NDOW) is an ETF from Anydrus Capital and State Street Loomis Sayles Opportunistic Bond ETF (OBND) is an ETF from State Street Investment Management. Over the past year NDOW returned +7.31% while OBND returned -4.26%. Year to date, NDOW is up 3.27% versus a loss of 5.32% for OBND.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NDOW has been the more volatile fund, with annualized monthly volatility of 7.6% compared with 4.0% for OBND. 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 -8.8% for NDOW and -5.9% for OBND. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NDOW charges 2.11% per year while OBND charges 0.55%. On a $10,000 position that is $211 vs $55 annually, a gap of $156 per year that compounds over a long holding period. On income, NDOW currently yields 1.20% against 6.59% for OBND.
You are not choosing between two funds in isolation.
Whichever of NDOW and OBND 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, NDOW or OBND?
NDOW has an expense ratio of 2.11% while OBND charges 0.55%. OBND is the cheaper option, by $156 a year on a $10,000 investment.
Which performed better, NDOW or OBND?
Over the past year NDOW returned +7.31% vs -4.26% for OBND, so NDOW leads on 1-year performance. Over the longest common window we track (2 years), NDOW annualized +6.75% vs +2.68% for OBND. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NDOW or OBND?
NDOW has been the more volatile fund at 7.6% annualized versus 4.0% for OBND. Worst drawdown: NDOW -8.8% vs OBND -5.9%.
Should I hold both NDOW and OBND?
NDOW and OBND have a monthly-return correlation of 0.73, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, NDOW or OBND?
NDOW yields 1.20% while OBND yields 6.59%, so OBND currently pays the higher dividend yield.
Is OBND better than NDOW?
OBND has a lower expense ratio. NDOW led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.