MMTM vs BNDI

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

MMTM vs BNDI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

MMTM

$171M

Winner

BNDI

$172M

Expense Ratio

Winner

MMTM

0.12%

BNDI

0.58%

Max Drawdown

MMTM

34.21%

Winner

BNDI

10.07%

Sharpe Ratio

Winner

MMTM

1.24

BNDI

0.79

5Y Beta

MMTM

1.12

Winner

BNDI

0.10

P/E Ratio

MMTM

26.44

BNDI

N/A

Forward P/E

MMTM

21.61

BNDI

N/A

5Y Dividends CAGR

MMTM

7.14%

BNDI

N/A

5Y EPS CAGR

MMTM

30.77%

BNDI

N/A

Debt to Equity

MMTM

30.62%

BNDI

N/A

P/S Ratio

MMTM

3.80

BNDI

N/A

P/B Ratio

MMTM

5.69

BNDI

N/A

MMTM vs BNDI - Historical Returns

Returns include dividend reinvestment.

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

MMTM

+0.47%

Winner

BNDI

+0.48%

Winner

MMTM

+9.75%

BNDI

+1.24%

Winner

MMTM

+8.85%

BNDI

+2.03%

Winner

MMTM

+22.65%

BNDI

+6.28%

5Y(CAGR)

MMTM

+13.26%

BNDI

N/A

10Y(CAGR)

MMTM

+14.87%

BNDI

N/A

Max(CAGR)

Winner

MMTM

+14.63%

BNDI

+4.02%

MMTM vs BNDI - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

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

MMTM vs BNDI Drawdown Comparison

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

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

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

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

Correlation

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

0.95

-101

Dividend Comparison (2012 - 2026)

MMTM vs BNDI dividend yield comparison.

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