BNDC vs SPE

Comparison between FLEXSHARES CORE SELECT BOND FUND (BNDC, ETF) and Special Opportunities Fund Inc (SPE, ETF).

5-Year PerformanceSPE has outperformed BNDC, delivering a return of +8.6% compared to -0.3%

BNDC vs SPE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BNDC(ETF)	SPE(ETF)
Net Assets	$170M	$169M
Expense Ratio	0.35%	N/A
Max Drawdown	27.62%	58.53%
Sharpe Ratio	0.17	-0.10
5Y Beta	0.04	0.56
5Y Dividends CAGR	7.65%	13.47%

Net Assets

Winner

BNDC

$170M

SPE

$169M

Expense Ratio

BNDC

0.35%

SPE

N/A

Max Drawdown

Winner

BNDC

27.62%

SPE

58.53%

Sharpe Ratio

Winner

BNDC

0.17

SPE

-0.10

5Y Beta

Winner

BNDC

0.04

SPE

0.56

5Y Dividends CAGR

BNDC

7.65%

Winner

SPE

13.47%

BNDC vs SPE - Historical Returns

Returns include dividend reinvestment.

Period	BNDC	SPE
1 month	+0.29%	-4.24%
3 months	+0.13%	-0.90%
6 months	+0.57%	-2.50%
1 year	+4.00%	+2.03%
5 years(CAGR)	-0.29%	+8.62%
10 years(CAGR)	+1.69%	+11.34%
Max(CAGR)	+1.69%	+8.91%

Winner

BNDC

+0.29%

SPE

-4.24%

Winner

BNDC

+0.13%

SPE

-0.90%

Winner

BNDC

+0.57%

SPE

-2.50%

Winner

BNDC

+4.00%

SPE

+2.03%

5Y(CAGR)

BNDC

-0.29%

Winner

SPE

+8.62%

10Y(CAGR)

BNDC

+1.69%

Winner

SPE

+11.34%

Max(CAGR)

BNDC

+1.69%

Winner

SPE

+8.91%

BNDC vs SPE - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	BNDC	SPE
2026	+0.17%	-4.21%
2025	+7.25%	+14.15%
2024	+1.36%	+34.11%
2023	+4.82%	+14.54%
2022	-13.12%	-18.85%
2021	-1.75%	+25.58%
2020	+8.55%	+4.29%
2019	+9.18%	+30.90%
2018	-1.50%	-9.91%
2017	+3.97%	+25.21%
2016	-0.55%	+10.69%
2015	N/A	-7.46%
2014	N/A	-1.88%
2013	N/A	+29.76%
2012	N/A	+11.73%
2011	N/A	+1.00%
2010	N/A	+5.05%
2009	N/A	+45.90%
2008	N/A	-15.82%
2007	N/A	+0.88%
2006	N/A	+9.61%
2005	N/A	+2.39%
2004	N/A	+1.11%
2003	N/A	+11.38%
2002	N/A	+11.83%
2001	N/A	+8.81%
2000	N/A	+18.23%
1999	N/A	-4.22%

BNDC vs SPE Drawdown Comparison

The maximum drawdown for BNDC was -18.79%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

The maximum drawdown for SPE was -46.84%, occurring on Mar 23, 2020. Recovery took 207 trading sessions.

The current BNDC drawdown is -3.25%. The current SPE drawdown is -7.05%.

Rank	BNDC	SPE
#1	-18.79% Dec 31, 2020 - Oct 20, 2022	-46.84% Feb 19, 2020 - Dec 11, 2020
#2	-14.84% Nov 27, 2017 - Mar 6, 2020	-32.95% Jun 5, 2008 - Apr 27, 2009
#3	-9.85% Mar 6, 2020 - May 20, 2020	-24.14% Jan 7, 2022 - Mar 26, 2024
#4	-1.84% Aug 6, 2020 - Dec 30, 2020	-18.46% Dec 31, 2013 - Aug 23, 2016
#5	-1.83% Sep 6, 2017 - Nov 27, 2017	-17.47% Jan 26, 2018 - Jun 14, 2019
#6	-1.67% Mar 7, 2017 - Apr 28, 2017	-13.69% Feb 20, 2025 - May 20, 2025
#7	-1.17% Nov 21, 2016 - Jan 6, 2017	-13.13% Mar 15, 2004 - Aug 31, 2005
#8	-0.64% Jun 7, 2017 - Jun 21, 2017	-12.14% Jul 22, 2011 - Jan 25, 2012
#9	-0.64% Jun 21, 2017 - Jul 19, 2017	-12.05% Oct 6, 2009 - Oct 18, 2010
#10	-0.63% Jan 6, 2017 - Feb 27, 2017	-9.71% Jun 17, 2003 - Jan 20, 2004
#11	-0.41% Jun 8, 2020 - Jun 15, 2020	-9.32% Jan 15, 2026 - Mar 30, 2026
#12	-0.31% Jul 23, 2020 - Jul 30, 2020	-9.21% May 16, 2007 - Jan 25, 2008
#13	-0.29% Jun 2, 2020 - Jun 8, 2020	-8.92% Nov 19, 1999 - Jun 2, 2000
#14	-0.28% May 5, 2017 - May 26, 2017	-8.82% Sep 1, 2016 - Jan 18, 2017
#15	-0.28% May 27, 2020 - May 29, 2020	-8.09% Mar 26, 2012 - Sep 28, 2012

Correlation

Correlation between BNDC and SPE is 0.50 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.50

-101

Dividend Comparison (1999 - 2026)

BNDC vs SPE dividend yield comparison.

Year	BNDC	SPE
2026	1.65%	3.99%
2025	4.16%	13.73%
2024	3.81%	7.83%
2023	3.19%	8.77%
2022	2.64%	11.58%
2021	1.72%	11.64%
2020	2.61%	8.01%
2019	2.89%	6.35%
2018	2.86%	14.10%
2017	2.50%	16.53%
2016	0.64%	5.93%
2015	0.00%	9.02%
2014	0.00%	9.63%
2013	0.00%	12.66%
2012	0.00%	10.08%
2011	0.00%	3.69%
2010	0.00%	0.20%
2009	0.00%	6.59%
2008	0.00%	8.05%
2007	0.00%	5.22%
2006	0.00%	5.55%
2005	0.00%	7.30%
2004	0.00%	6.49%
2003	0.00%	7.64%
2002	0.00%	6.36%
2001	0.00%	5.35%
2000	0.00%	5.62%
1999	0.00%	1.04%