SPE vs BNDC

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

5-Year PerformanceSPE has outperformed BNDC, delivering a return of +8.9% compared to -0.2%

SPE vs BNDC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

SPE

$169M

Winner

BNDC

$170M

Expense Ratio

SPE

N/A

BNDC

0.35%

Max Drawdown

SPE

58.53%

Winner

BNDC

27.62%

Sharpe Ratio

SPE

-0.10

Winner

BNDC

0.17

5Y Beta

SPE

0.56

Winner

BNDC

0.04

5Y Dividends CAGR

Winner

SPE

13.47%

BNDC

7.65%

SPE vs BNDC - Historical Returns

Returns include dividend reinvestment.

Period	SPE	BNDC
1 month	-2.62%	+1.06%
3 months	-0.28%	+0.11%
6 months	-1.95%	+0.54%
1 year	+2.74%	+4.80%
5 years(CAGR)	+8.89%	-0.23%
10 years(CAGR)	+11.40%	+1.70%
Max(CAGR)	+8.94%	+1.70%

SPE

-2.62%

Winner

BNDC

+1.06%

SPE

-0.28%

Winner

BNDC

+0.11%

SPE

-1.95%

Winner

BNDC

+0.54%

SPE

+2.74%

Winner

BNDC

+4.80%

5Y(CAGR)

Winner

SPE

+8.89%

BNDC

-0.23%

10Y(CAGR)

Winner

SPE

+11.40%

BNDC

+1.70%

Max(CAGR)

Winner

SPE

+8.94%

BNDC

+1.70%

SPE vs BNDC - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SPE	BNDC
2026	-3.48%	+0.28%
2025	+14.15%	+7.25%
2024	+34.11%	+1.36%
2023	+14.54%	+4.82%
2022	-18.85%	-13.12%
2021	+25.58%	-1.75%
2020	+4.29%	+8.55%
2019	+30.90%	+9.18%
2018	-9.91%	-1.50%
2017	+25.21%	+3.97%
2016	+10.69%	-0.55%
2015	-7.46%	N/A
2014	-1.88%	N/A
2013	+29.76%	N/A
2012	+11.73%	N/A
2011	+1.00%	N/A
2010	+5.05%	N/A
2009	+45.90%	N/A
2008	-15.82%	N/A
2007	+0.88%	N/A
2006	+9.61%	N/A
2005	+2.39%	N/A
2004	+1.11%	N/A
2003	+11.38%	N/A
2002	+11.83%	N/A
2001	+8.81%	N/A
2000	+18.23%	N/A
1999	-4.22%	N/A

SPE vs BNDC Drawdown Comparison

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

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

The current SPE drawdown is -6.34%. The current BNDC drawdown is -3.14%.

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

Correlation

Correlation between SPE and BNDC 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)

SPE vs BNDC dividend yield comparison.

Year	SPE	BNDC
2026	3.96%	1.65%
2025	13.73%	4.16%
2024	7.83%	3.81%
2023	8.77%	3.19%
2022	11.58%	2.64%
2021	11.64%	1.72%
2020	8.01%	2.61%
2019	6.35%	2.89%
2018	14.10%	2.86%
2017	16.53%	2.50%
2016	5.93%	0.64%
2015	9.02%	0.00%
2014	9.63%	0.00%
2013	12.66%	0.00%
2012	10.08%	0.00%
2011	3.69%	0.00%
2010	0.20%	0.00%
2009	6.59%	0.00%
2008	8.05%	0.00%
2007	5.22%	0.00%
2006	5.55%	0.00%
2005	7.30%	0.00%
2004	6.49%	0.00%
2003	7.64%	0.00%
2002	6.36%	0.00%
2001	5.35%	0.00%
2000	5.62%	0.00%
1999	1.04%	0.00%