SBIO vs TYO
SBIO vs TYO
ALPS Medical Breakthroughs ETF vs Direxion Daily 7-10 Year Treasury Bear 3X ETF
Quick Verdict
SBIO has a lower expense ratio. SBIO delivered stronger 1-year returns. SBIO offers more diversification with 105 holdings.
Side-by-Side Comparison
| Metric | SBIO | TYO | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 1.00% | |
| AUM | $202M | $12M | |
| Dividend Yield | 4.05% | 2.62% | |
| Holdings | 87 | 6 | |
| YTD Return | +34.80% | +10.84% | |
| 1Y Return | +106.24% | +11.31% | |
| 3Y Return (annualized) | +32.77% | +6.14% | |
| 5Y Return (annualized) | +9.56% | +14.69% | |
| Volatility (annualized) | 29.6% | 19.3% | |
| Max Drawdown | -63.1% | -90.4% | |
| Fund Family | ALPS Advisors | Direxion Shares ETF Trust | |
| Category | Equity | Alternative | |
| Inception | Dec 30, 2014 | Apr 16, 2009 |
SBIO vs TYO Performance
ALPS Medical Breakthroughs ETF (SBIO) is a ETF from ALPS Advisors and Direxion Daily 7-10 Year Treasury Bear 3X ETF (TYO) is a ETF from Direxion Shares ETF Trust. Over the past year SBIO returned +106.24% while TYO returned +11.31%. Year to date, SBIO is up 34.80% versus a gain of 10.84% for TYO.
Over three years, SBIO compounded at +32.77% per year against +6.14% for TYO; over five years the annualized figures are +9.56% and +14.69% respectively. Across the full 12-year window we track, SBIO has the edge at +9.80% annualized vs -7.26%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SBIO has been the more volatile fund, with annualized monthly volatility of 29.6% compared with 19.3% for TYO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -63.1% for SBIO and -90.4% for TYO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at -0.03. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SBIO charges 0.50% per year while TYO charges 1.00%. On a $10,000 position that is $50 vs $100 annually, a gap of $50 per year that compounds over a long holding period. On income, SBIO currently yields 4.05% against 2.62% for TYO.
Holdings Overlap
SBIO and TYO share 0 holdings out of 108 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SBIO or TYO?
SBIO has an expense ratio of 0.50% while TYO charges 1.00%. SBIO is the cheaper option. On a $10,000 investment, that is $50 per year of difference.
Which performed better, SBIO or TYO?
Over the past year SBIO returned +106.24% vs +11.31% for TYO, so SBIO leads on 1-year performance. Over the longest common window we track (12 years), SBIO annualized +9.80% vs -7.26% for TYO. Past performance does not guarantee future results.
Which is riskier, SBIO or TYO?
SBIO has been the more volatile fund at 29.6% annualized versus 19.3% for TYO. Worst drawdown: SBIO -63.1% vs TYO -90.4%.
Should I hold both SBIO and TYO?
SBIO and TYO have a monthly-return correlation of -0.03, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SBIO and TYO?
SBIO and TYO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 108 unique securities.
Which pays a higher dividend, SBIO or TYO?
SBIO yields 4.05% while TYO yields 2.62%, so SBIO currently pays the higher dividend yield.
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