BNDI vs MMTM

Comparison between NEOS ENHANCED INCOME AGGREGATE BOND ETF (BNDI, ETF) and STATE STREET(R) SPDR(R) S&P(R) 1500 MOMENTUM TILT ETF (MMTM, ETF).

BNDI vs MMTM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BNDI(ETF)	MMTM(ETF)
Net Assets	$172M	$171M
Expense Ratio	0.58%	0.12%
Max Drawdown	10.07%	34.21%
Sharpe Ratio	0.79	1.24
5Y Beta	0.10	1.12
P/E Ratio	N/A	26.44
Forward P/E	N/A	21.61
5Y Dividends CAGR	N/A	7.14%
5Y EPS CAGR	N/A	30.77%
Debt to Equity	N/A	30.62%
P/S Ratio	N/A	3.80
P/B Ratio	N/A	5.69

Net Assets

Winner

BNDI

$172M

MMTM

$171M

Expense Ratio

BNDI

0.58%

Winner

MMTM

0.12%

Max Drawdown

Winner

BNDI

10.07%

MMTM

34.21%

Sharpe Ratio

BNDI

0.79

Winner

MMTM

1.24

5Y Beta

Winner

BNDI

0.10

MMTM

1.12

P/E Ratio

BNDI

N/A

MMTM

26.44

Forward P/E

BNDI

N/A

MMTM

21.61

5Y Dividends CAGR

BNDI

N/A

MMTM

7.14%

5Y EPS CAGR

BNDI

N/A

MMTM

30.77%

Debt to Equity

BNDI

N/A

MMTM

30.62%

P/S Ratio

BNDI

N/A

MMTM

3.80

P/B Ratio

BNDI

N/A

MMTM

5.69

BNDI vs MMTM - Historical Returns

Returns include dividend reinvestment.

Period	BNDI	MMTM
1 month	+0.48%	+0.47%
3 months	+1.24%	+9.75%
6 months	+2.03%	+8.85%
1 year	+6.28%	+22.65%
5 years(CAGR)	N/A	+13.26%
10 years(CAGR)	N/A	+14.87%
Max(CAGR)	+4.02%	+14.63%

Winner

BNDI

+0.48%

MMTM

+0.47%

BNDI

+1.24%

Winner

MMTM

+9.75%

BNDI

+2.03%

Winner

MMTM

+8.85%

BNDI

+6.28%

Winner

MMTM

+22.65%

5Y(CAGR)

BNDI

N/A

MMTM

+13.26%

10Y(CAGR)

BNDI

N/A

MMTM

+14.87%

Max(CAGR)

BNDI

+4.02%

Winner

MMTM

+14.63%

BNDI vs MMTM - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	BNDI	MMTM
2026	+1.52%	+7.86%
2025	+7.95%	+13.57%
2024	+2.19%	+31.51%
2023	+6.32%	+23.41%
2022	-2.60%	-16.80%
2021	N/A	+28.24%
2020	N/A	+18.52%
2019	N/A	+29.95%
2018	N/A	-4.81%
2017	N/A	+23.42%
2016	N/A	+11.02%
2015	N/A	+5.47%
2014	N/A	+14.69%
2013	N/A	+32.28%
2012	N/A	+1.62%

BNDI vs MMTM Drawdown Comparison

The maximum drawdown for BNDI was -6.98%, occurring on Oct 20, 2022. Recovery took 69 trading sessions.

The maximum drawdown for MMTM was -33.84%, occurring on Mar 23, 2020. Recovery took 115 trading sessions.

The current BNDI drawdown is -0.63%. The current MMTM drawdown is -2.41%.

Rank	BNDI	MMTM
#1	-6.98% Aug 30, 2022 - Dec 7, 2022	-33.84% Feb 19, 2020 - Aug 3, 2020
#2	-6.92% Apr 5, 2023 - Dec 13, 2023	-23.73% Jan 4, 2022 - Dec 14, 2023
#3	-4.57% Sep 16, 2024 - Jun 24, 2025	-22.08% Feb 19, 2025 - Jul 25, 2025
#4	-4.02% Feb 2, 2023 - Apr 3, 2023	-21.38% Oct 1, 2018 - Jun 18, 2019
#5	-3.84% Feb 1, 2024 - Jul 11, 2024	-15.75% Dec 29, 2015 - Jul 12, 2016
#6	-2.75% Feb 27, 2026 - Mar 27, 2026	-11.43% Jul 20, 2015 - Dec 29, 2015
#7	-2.69% Dec 7, 2022 - Jan 12, 2023	-10.95% Jul 10, 2024 - Sep 24, 2024
#8	-1.90% Dec 27, 2023 - Feb 1, 2024	-10.89% Sep 2, 2020 - Dec 8, 2020
#9	-1.35% Jun 30, 2025 - Aug 1, 2025	-9.90% Feb 25, 2026 - Apr 13, 2026
#10	-1.24% Aug 2, 2024 - Aug 14, 2024	-9.63% Jan 23, 2018 - Jun 13, 2018
#11	-1.17% Oct 27, 2025 - Jan 14, 2026	-8.26% Sep 18, 2014 - Nov 5, 2014
#12	-0.84% Jul 16, 2024 - Jul 31, 2024	-7.31% Feb 12, 2021 - Apr 5, 2021
#13	-0.82% Jan 18, 2023 - Feb 1, 2023	-6.71% Mar 22, 2024 - May 15, 2024
#14	-0.77% Jan 14, 2026 - Feb 5, 2026	-6.69% Oct 29, 2025 - Jan 9, 2026
#15	-0.68% Sep 16, 2025 - Oct 13, 2025	-5.41% Jul 26, 2019 - Oct 28, 2019

Correlation

Correlation between BNDI and MMTM is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2012 - 2026)

BNDI vs MMTM dividend yield comparison.

Year	BNDI	MMTM
2026	2.91%	0.19%
2025	5.69%	0.86%
2024	5.54%	0.83%
2023	5.17%	1.16%
2022	1.68%	1.67%
2021	0.00%	0.95%
2020	0.00%	1.14%
2019	0.00%	1.55%
2018	0.00%	1.64%
2017	0.00%	1.52%
2016	0.00%	1.98%
2015	0.00%	1.68%
2014	0.00%	1.54%
2013	0.00%	1.74%
2012	0.00%	0.51%