State Street SPDR S&P/ASX iBoxx Australian Bond ETF (BOND.AX)

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State Street SPDR S&P/ASX iBoxx Australian Bond ETF (BOND.AX) is up 2.0% since the beginning of the year. BOND.AX is currently trading at A$25 per share. Investors who bought A$1,000 worth of BOND.AX shares 5 years ago would now be looking at an investment worth A$982.

State Street SPDR S&P/ASX iBoxx Australian Bond ETF (BOND.AX) has returned 1.98% so far this year and 2.21% over the past 12 months. Over the last ten years, BOND.AX has returned 1.40% per year, falling short of the S&P 500 Index benchmark, which averaged 14.27% annually.

Based on dividend-adjusted daily data since Jul 26, 2012, BOND.AX's average daily return is +0.01%, while the average monthly return is +0.19%. At this rate, an investment would double in approximately 30.4 years.

Historically, 65% of months were positive and 35% were negative. The best month was Nov 2023 with a return of +3.8%, while the worst month was Feb 2021 at -3.9%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 6 months.

On a daily basis, BOND.AX closed higher 47% of trading days. The best single day was Mar 23, 2020 with a return of +2.1%, while the worst single day was Mar 17, 2020 at -2.7%.

State Street SPDR S&P/ASX iBoxx Australian Bond ETF has an annualized alpha of 2.72%, beta of -0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since July 26, 2012.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (10.00%) than losses (7.99%) - typical of diversified or defensive assets.
• Beta of -0.01 may look defensive, but with R2 of 0.00 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

BOND.AX has an expense ratio of 0.10%, which is considered low.

BOND.AX ranks 19 for risk / return — in the bottom 19% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

State Street SPDR S&P/ASX iBoxx Australian Bond ETF provided a 4.09% dividend yield over the last twelve months, with an annual payout of A$1.03 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for State Street SPDR S&P/ASX iBoxx Australian Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the State Street SPDR S&P/ASX iBoxx Australian Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the State Street SPDR S&P/ASX iBoxx Australian Bond ETF was 17.15%, occurring on Jun 21, 2022. The portfolio has not yet recovered.

The current State Street SPDR S&P/ASX iBoxx Australian Bond ETF drawdown is 3.54%.

The chart below shows the rolling one-month volatility.