WARP vs OBND

Comparison between VANECK SPACE ETF (WARP, ETF) and STATE STREET(R) LOOMIS SAYLES OPPORTUNISTIC BOND ETF (OBND, ETF).

WARP vs OBND - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	WARP(ETF)	OBND(ETF)
Net Assets	$58M	$58M
Expense Ratio	0.50%	0.55%
Max Drawdown	50.07%	18.73%
Sharpe Ratio	-1.24	0.01
5Y Beta	3.00	0.11
P/E Ratio	-32.94	N/A
Debt to Equity	10.74%	N/A
P/S Ratio	8.58	N/A
P/B Ratio	5.80	N/A

Net Assets

WARP

$58M

OBND

$58M

Expense Ratio

Winner

WARP

0.50%

OBND

0.55%

Max Drawdown

WARP

50.07%

Winner

OBND

18.73%

Sharpe Ratio

WARP

-1.24

Winner

OBND

0.01

5Y Beta

WARP

3.00

Winner

OBND

0.11

P/E Ratio

WARP

-32.94

OBND

N/A

Debt to Equity

WARP

10.74%

OBND

N/A

P/S Ratio

WARP

8.58

OBND

N/A

P/B Ratio

WARP

5.80

OBND

N/A

WARP vs OBND - Historical Returns

Returns include dividend reinvestment.

Period	WARP	OBND
1 month	-17.18%	-0.94%
3 months	-22.77%	-0.52%
6 months	N/A	-0.05%
1 year	N/A	+3.80%
5 years(CAGR)	N/A	+2.07%
Max(CAGR)	-70.65%	+2.07%

WARP

-17.18%

Winner

OBND

-0.94%

WARP

-22.77%

Winner

OBND

-0.52%

WARP

N/A

OBND

-0.05%

WARP

N/A

OBND

+3.80%

5Y(CAGR)

WARP

N/A

OBND

+2.07%

Max(CAGR)

WARP

-70.65%

Winner

OBND

+2.07%

WARP vs OBND - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	WARP	OBND
2026	-22.77%	+0.43%
2025	N/A	+7.69%
2024	N/A	+5.27%
2023	N/A	+9.21%
2022	N/A	-10.99%
2021	N/A	+0.02%

WARP vs OBND Drawdown Comparison

The maximum drawdown for WARP was -50.07%, occurring on Jul 20, 2026. This drawdown has not yet recovered.

The maximum drawdown for OBND was -15.86%, occurring on Oct 20, 2022. Recovery took 685 trading sessions.

The current WARP drawdown is -49.13%. The current OBND drawdown is -1.36%.

Rank	WARP	OBND
#1	-50.07% May 28, 2026 - Jul 20, 2026	-15.86% Nov 9, 2021 - Aug 2, 2024
#2	-3.25% May 14, 2026 - May 20, 2026	-3.08% Mar 3, 2025 - May 30, 2025
#3	-1.35% May 11, 2026 - May 13, 2026	-2.88% Feb 26, 2026 - Apr 17, 2026
#4	-0.57% May 20, 2026 - May 22, 2026	-2.17% Dec 6, 2024 - Feb 24, 2025
#5	N/A	-1.75% Sep 24, 2024 - Dec 4, 2024
#6	N/A	-1.36% Jun 29, 2026 - Jul 23, 2026
#7	N/A	-1.18% May 6, 2026 - Jun 16, 2026
#8	N/A	-0.93% Sep 15, 2025 - Oct 21, 2025
#9	N/A	-0.74% Aug 2, 2024 - Aug 14, 2024
#10	N/A	-0.72% Oct 28, 2025 - Nov 26, 2025
#11	N/A	-0.68% Oct 1, 2021 - Nov 5, 2021
#12	N/A	-0.62% Apr 17, 2026 - May 6, 2026
#13	N/A	-0.55% Jul 2, 2025 - Jul 21, 2025
#14	N/A	-0.43% Nov 28, 2025 - Dec 24, 2025
#15	N/A	-0.41% Aug 13, 2025 - Aug 22, 2025