Data as of Oct 28, 2026.
BOND vs SYSB: Differences, Returns & Fees
Over the year to Oct 28, 2026, BOND returned −1.4% to SYSB's −1.9%, and SYSB charges 0.25% to BOND's 0.54%.
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Net assets: $8.3bn on Jun 30, 2026 for PIMCO Active Bond Exchange-Traded Fund, and $1.4bn on Oct 27, 2026 for iShares Systematic Bond ETF.
Pair scorecard
SYSB costs 0.29 points a year less; their one-year returns differ by 0.5 points.
| Measure | BOND | SYSB |
|---|---|---|
| Return | ||
| Total return, 1 year | −1.4% | −1.9% |
| Drawdown | ||
| Below its high | 3.1%, high on Feb 27, 2026 | 3.3%, high on Feb 27, 2026 |
| Benchmark | ||
| What it tracks | No index, actively managed | BlackRock Universal Systematic Bond Index |
| Cost and size | ||
| Expense ratio | 0.54% | 0.25% |
| Net assets, BOND as of Jun 30, 2026 and SYSB as of Oct 27, 2026 | $8.3bn | $1.4bn |
| Holdings | ||
| Holdings in common | 4% | |
Holdings in common uses holdings dated Jun 30, 2026 and Jul 31, 2026. Method
Risk and return
Mar 6, 2015 to Oct 23, 2026 · 607 weekly returnsEach against its own benchmark: BOND against AGG, Mar 9, 2012 to Oct 23, 2026; SYSB against IUSB, Mar 6, 2015 to Oct 23, 2026.
SYSB returned more: +28.7% to +24.9%. SYSB swung slightly less: 5.0% to 5.2%. SYSB fell slightly less at its worst: −17.9% to −19.5%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | BOND | SYSB | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +24.9% | +28.7% | SYSB | Price change plus distributions, reinvested. |
| Annualized | +1.9% | +2.2% | SYSB | Total return as a yearly rate. |
| Price return | −18.4% | −14.1% | SYSB | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 5.2% | 5.0% | SYSB (slight) | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 3.9% | 3.8% | Tie | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −19.5% | −17.9% | SYSB (slight) | Deepest fall from a high to the low after it. |
| Upside capture | 102.2% | 72.5% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 95.5% | 71.4% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 0.97 | 0.85 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.88 | 0.75 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | −0.03 | 0.02 | SYSB | Return above Treasury bills per unit of volatility. |
| Sortino | −0.04 | 0.03 | SYSB | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.010 | 0.001 | Return above Treasury bills per unit of beta. | |
| Calmar | 0.10 | 0.12 | SYSB | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | AGG | IUSB | The ETF each fund is measured against. | |
| Alpha | +0.9% a year | +0.2% a year | SYSB not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 2.05 | 0.29 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | 0.0% to +1.7% | −1.2% to +1.7% | SYSB includes zero | The 95% range for the yearly alpha. |
| Information ratio | 0.53 | 0.09 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 1.7% | 2.6% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 607 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, BOND and SYSB hold 4% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.
half
4% in common
Only in one fund ↓
Side by side
BOND and SYSB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
BOND and SYSB are built for the same job. How do they differ in cost, holdings and results?
- What each follows. BOND follows No index, actively managed and SYSB follows BlackRock Universal Systematic Bond Index.
- Holdings in common. 4% of the weight is in the same securities (holdings dated Jun 30, 2026 and Jul 31, 2026).
- Cost. BOND charges 0.54% of assets a year and SYSB 0.25%, a gap of 0.29 points.
Data as of Oct 28, 2026.
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BOND
BOND is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −1.4% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Index. The prospectus expense ratio is 0.54% a year. It sat 3.1% below its high of Feb 27, 2026 on Oct 28, 2026.
SYSB
SYSB tracks an index. Over the year to Oct 28, 2026 it returned −1.9% with distributions reinvested, against −1.2% for its benchmark, the Bloomberg U.S. Universal Index. The prospectus expense ratio is 0.25% a year. It sat 3.3% below its high of Feb 27, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, BOND or SYSB?
- In the year to Oct 28, 2026, with distributions reinvested, BOND returned −1.4% and SYSB −1.9%.
- Which is cheaper, BOND or SYSB?
- SYSB is cheaper, by 0.29 percentage points a year. That is about $29 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, BOND against SYSB, data as of Oct 28, 2026. https://etfiq.com/compare/any/bond-vs-sysb
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