BYLD vs GMF

Comparison between ISHARES YIELD OPTIMIZED BOND ETF (BYLD, ETF) and STATE STREET(R) SPDR(R) S&P(R) EMERGING ASIA PACIFIC ETF (GMF, ETF).

5-Year PerformanceGMF has outperformed BYLD, delivering a return of +4.6% compared to +2.1%

BYLD vs GMF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BYLD(ETF)	GMF(ETF)
Net Assets	$387M	$386M
Expense Ratio	0.13%	0.49%
Max Drawdown	20.25%	67.62%
Sharpe Ratio	0.64	1.24
5Y Beta	0.13	0.76
5Y Dividends CAGR	9.47%	4.65%

Net Assets

Winner

BYLD

$387M

GMF

$386M

Expense Ratio

Winner

BYLD

0.13%

GMF

0.49%

Max Drawdown

Winner

BYLD

20.25%

GMF

67.62%

Sharpe Ratio

BYLD

0.64

Winner

GMF

1.24

5Y Beta

Winner

BYLD

0.13

GMF

0.76

5Y Dividends CAGR

Winner

BYLD

9.47%

GMF

4.65%

BYLD vs GMF - Holdings Comparison

BYLD and GMF have 0 common holdings. Overlap is 0.00%

BYLD's top 25 holdings weight is 99.90%. GMF's top 25 holdings weight is 41.18%.

Rank	BYLD	GMF
#1	ISHARES 10& YEAR INVMT GRD CORP BD ETF (IGLB) - 25.52%	n/a (TSM) - 16.32%
#2	ISHARES® 0-3 MONTH TREASURY BOND ETF (SGOV) - 23.98%	TENCENT HOLDINGS LTD (n/a) - 3.36%
#3	ISHARES BROAD USD HIGH YIELD CORP BD ETF (USHY) - 20.17%	n/a (n/a) - 3.04%
#4	ISHARES J.P. MORGAN EM HIGH YLD BD ETF (EMHY) - 10.18%	MEDIATEK INC (n/a) - 2.41%
#5	ISHARES FLOATING RATE BOND ETF (FLOT) - 10.10%	DELTA ELECTRONICS INC (n/a) - 1.50%
#6	ISHARES CMBS ETF (CMBS) - 9.95%	HON HAI PRECISION INDUSTRY CO LTD (n/a) - 1.26%
#7	N/A	CHINA CONSTRUCTION BANK CORP CLASS H (n/a) - 1.12%
#8	N/A	ASE TECHNOLOGY HOLDING CO LTD (n/a) - 1.12%
#9	N/A	RELIANCE INDUSTRIES LTD GDR 144A (RLNIY) - 0.96%
#10	N/A	HDFC BANK LTD (n/a) - 0.95%
#11	N/A	ICICI BANK LTD ADR (IBN) - 0.79%
#12	N/A	n/a (n/a) - 0.74%
#13	N/A	UNITED MICROELECTRONICS CORP ADR (UMC) - 0.74%
#14	N/A	ELITE MATERIAL CO LTD (n/a) - 0.70%
#15	N/A	PDD HOLDINGS INC ADR (PDD) - 0.68%
#16	N/A	n/a (n/a) - 0.62%
#17	N/A	XIAOMI CORP CLASS B (n/a) - 0.61%
#18	N/A	BHARTI AIRTEL LTD (n/a) - 0.61%
#19	N/A	UNIMICRON TECHNOLOGY CORP (n/a) - 0.56%
#20	N/A	CTBC FINANCIAL HOLDING CO LTD (n/a) - 0.54%
#21	N/A	BANK OF CHINA LTD CLASS H (n/a) - 0.52%
#22	N/A	MEITUAN CLASS B (n/a) - 0.52%
#23	N/A	ACCTON TECHNOLOGY CORP (n/a) - 0.51%
#24	N/A	YAGEO CORP (n/a) - 0.50%
#25	N/A	YUANTA FINANCIAL HOLDINGS CO LTD (n/a) - 0.50%
Total Holdings	6	1186

BYLD vs GMF - Historical Returns

Returns include dividend reinvestment.

Period	BYLD	GMF
1 month	+0.08%	+0.03%
3 months	-0.07%	+7.80%
6 months	+1.03%	+8.99%
1 year	+6.46%	+25.60%
5 years(CAGR)	+2.13%	+4.61%
10 years(CAGR)	+2.93%	+9.66%
Max(CAGR)	+2.92%	+7.13%

Winner

BYLD

+0.08%

GMF

+0.03%

BYLD

-0.07%

Winner

GMF

+7.80%

BYLD

+1.03%

Winner

GMF

+8.99%

BYLD

+6.46%

Winner

GMF

+25.60%

5Y(CAGR)

BYLD

+2.13%

Winner

GMF

+4.61%

10Y(CAGR)

BYLD

+2.93%

Winner

GMF

+9.66%

Max(CAGR)

BYLD

+2.92%

Winner

GMF

+7.13%

BYLD vs GMF - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	BYLD	GMF
2026	+0.81%	+6.22%
2025	+8.19%	+22.11%
2024	+4.69%	+18.25%
2023	+8.20%	+6.69%
2022	-9.97%	-19.66%
2021	-1.14%	-2.58%
2020	+4.00%	+22.19%
2019	+12.74%	+20.09%
2018	-1.42%	-16.14%
2017	+4.76%	+40.53%
2016	+6.08%	+8.09%
2015	-1.37%	-8.55%
2014	+2.51%	+12.46%
2013	N/A	-0.45%
2012	N/A	+16.77%
2011	N/A	-20.38%
2010	N/A	+16.74%
2009	N/A	+63.86%
2008	N/A	-47.80%
2007	N/A	+42.90%

BYLD vs GMF Drawdown Comparison

The maximum drawdown for BYLD was -14.75%, occurring on Oct 20, 2022. Recovery took 914 trading sessions.

The maximum drawdown for GMF was -67.19%, occurring on Nov 20, 2008. Recovery took 1692 trading sessions.

The current BYLD drawdown is -0.74%. The current GMF drawdown is -5.08%.

Rank	BYLD	GMF
#1	-14.75% Dec 31, 2020 - Aug 21, 2024	-67.19% Oct 31, 2007 - Jul 24, 2014
#2	-14.37% Mar 4, 2020 - Jul 28, 2020	-40.17% Feb 17, 2021 - Jul 23, 2025
#3	-3.84% Apr 15, 2015 - Apr 6, 2016	-31.24% Jan 26, 2018 - Aug 5, 2020
#4	-2.93% Jan 5, 2018 - Jan 23, 2019	-30.66% Apr 27, 2015 - May 25, 2017
#5	-2.82% Feb 28, 2025 - May 30, 2025	-16.46% Jul 23, 2007 - Sep 4, 2007
#6	-2.71% Feb 27, 2026 - Mar 27, 2026	-12.62% Feb 25, 2026 - May 5, 2026
#7	-2.64% Sep 6, 2016 - Apr 5, 2017	-10.51% Sep 5, 2014 - Apr 2, 2015
#8	-2.50% Oct 13, 2014 - Apr 7, 2015	-5.66% Aug 28, 2020 - Oct 8, 2020
#9	-2.37% Oct 1, 2024 - Feb 24, 2025	-5.62% Oct 17, 2007 - Oct 26, 2007
#10	-1.52% Sep 4, 2019 - Nov 26, 2019	-5.51% Nov 22, 2017 - Jan 2, 2018
#11	-1.39% Aug 6, 2020 - Nov 23, 2020	-5.47% Oct 29, 2025 - Jan 2, 2026
#12	-1.23% Aug 28, 2014 - Oct 13, 2014	-5.08% Jun 2, 2026 - Jun 5, 2026
#13	-1.12% Oct 27, 2025 - Dec 23, 2025	-5.07% Jan 25, 2021 - Feb 8, 2021
#14	-1.11% Jul 23, 2014 - Aug 11, 2014	-4.71% May 6, 2026 - May 26, 2026
#15	-0.98% Jun 14, 2017 - Jul 18, 2017	-4.48% Oct 6, 2025 - Oct 27, 2025

Correlation

Correlation between BYLD and GMF is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2007 - 2026)

BYLD vs GMF dividend yield comparison.

Year	BYLD	GMF
2026	2.24%	0.00%
2025	5.32%	1.49%
2024	5.31%	1.92%
2023	4.45%	2.75%
2022	3.39%	2.54%
2021	2.18%	2.71%
2020	3.41%	1.32%
2019	3.67%	1.75%
2018	4.22%	2.26%
2017	3.22%	1.70%
2016	3.13%	2.49%
2015	3.37%	3.76%
2014	2.12%	1.55%
2013	0.00%	2.18%
2012	0.00%	1.77%
2011	0.00%	3.94%
2010	0.00%	4.44%
2009	0.00%	0.98%
2008	0.00%	1.33%
2007	0.00%	1.31%