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SPDR Bloomberg Barclays Investment Grade Floating ...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US78468R2004

CUSIP

78468R200

Issuer

State Street

Inception Date

Nov 30, 2011

Region

Developed Markets (Broad)

Leveraged

1x

Index Tracked

Bloomberg US Floating Rate Notes (<5 Y)

Home Page

www.ssga.com

Asset Class

Bond

Expense Ratio

FLRN has an expense ratio of 0.15%, which is considered low compared to other funds.


Expense ratio chart for FLRN: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
FLRN vs. FLOT FLRN vs. TFLO FLRN vs. VUBFX FLRN vs. USFR FLRN vs. SGOV FLRN vs. VTIP FLRN vs. BND FLRN vs. SPTS FLRN vs. VOO FLRN vs. BNDX
Popular comparisons:
FLRN vs. FLOT FLRN vs. TFLO FLRN vs. VUBFX FLRN vs. USFR FLRN vs. SGOV FLRN vs. VTIP FLRN vs. BND FLRN vs. SPTS FLRN vs. VOO FLRN vs. BNDX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%100.00%200.00%300.00%400.00%JulyAugustSeptemberOctoberNovemberDecember
32.93%
376.53%
FLRN (SPDR Bloomberg Barclays Investment Grade Floating Rate ETF)
Benchmark (^GSPC)

Returns By Period

SPDR Bloomberg Barclays Investment Grade Floating Rate ETF had a return of 6.18% year-to-date (YTD) and 6.42% in the last 12 months. Over the past 10 years, SPDR Bloomberg Barclays Investment Grade Floating Rate ETF had an annualized return of 2.43%, while the S&P 500 had an annualized return of 11.06%, indicating that SPDR Bloomberg Barclays Investment Grade Floating Rate ETF did not perform as well as the benchmark.


FLRN

YTD

6.18%

1M

0.44%

6M

2.87%

1Y

6.42%

5Y*

3.01%

10Y*

2.43%

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Monthly Returns

The table below presents the monthly returns of FLRN, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.52%0.70%0.53%0.57%0.58%0.41%0.45%0.51%0.54%0.44%0.40%6.18%
20230.76%0.71%-0.43%0.90%0.77%0.54%0.52%0.51%0.50%0.39%0.57%0.61%6.54%
20220.03%-0.07%-0.23%-0.03%-0.07%-0.98%0.75%0.53%-0.12%0.31%0.56%0.61%1.31%
20210.23%0.01%0.00%-0.03%0.17%0.00%-0.00%0.03%0.09%-0.04%-0.10%0.03%0.40%
20200.26%0.03%-4.26%2.70%0.75%0.65%0.42%0.11%0.03%0.05%0.15%0.03%0.77%
20190.82%0.35%0.40%0.33%0.22%0.31%0.27%0.17%0.36%0.24%0.18%0.29%4.03%
20180.39%0.03%0.04%0.35%0.14%0.10%0.28%0.29%0.23%0.02%-0.17%-0.32%1.39%
20170.29%0.07%0.21%0.12%0.12%0.11%0.21%0.00%0.23%0.21%0.11%0.11%1.81%
20160.02%-0.16%0.17%0.55%0.05%-0.11%0.51%-0.04%0.45%-0.10%0.30%0.08%1.73%
20150.03%0.17%0.21%0.25%0.18%-0.09%-0.20%-0.34%-0.04%-0.01%0.35%-0.07%0.44%
2014-0.23%0.01%0.14%-0.02%0.08%0.21%0.08%0.08%-0.05%-0.15%0.11%-0.33%-0.09%
20130.29%0.39%-0.28%0.60%-0.71%0.50%0.03%0.21%-0.12%-0.32%-0.02%0.18%0.75%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 99, FLRN is among the top 1% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of FLRN is 9999
Overall Rank
The Sharpe Ratio Rank of FLRN is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of FLRN is 9999
Sortino Ratio Rank
The Omega Ratio Rank of FLRN is 9999
Omega Ratio Rank
The Calmar Ratio Rank of FLRN is 9999
Calmar Ratio Rank
The Martin Ratio Rank of FLRN is 9999
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (FLRN) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for FLRN, currently valued at 7.67, compared to the broader market0.002.004.007.672.10
The chart of Sortino ratio for FLRN, currently valued at 14.50, compared to the broader market-2.000.002.004.006.008.0010.0014.502.80
The chart of Omega ratio for FLRN, currently valued at 4.40, compared to the broader market0.501.001.502.002.503.004.401.39
The chart of Calmar ratio for FLRN, currently valued at 14.31, compared to the broader market0.005.0010.0015.0014.313.09
The chart of Martin ratio for FLRN, currently valued at 178.87, compared to the broader market0.0020.0040.0060.0080.00100.00178.8713.49
FLRN
^GSPC

The current SPDR Bloomberg Barclays Investment Grade Floating Rate ETF Sharpe ratio is 7.67. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio2.004.006.008.0010.00JulyAugustSeptemberOctoberNovemberDecember
7.67
2.10
FLRN (SPDR Bloomberg Barclays Investment Grade Floating Rate ETF)
Benchmark (^GSPC)

Dividends

Dividend History

SPDR Bloomberg Barclays Investment Grade Floating Rate ETF provided a 5.68% dividend yield over the last twelve months, with an annual payout of $1.74 per share. The fund has been increasing its distributions for 2 consecutive years.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%$0.00$0.50$1.00$1.5020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$1.74$1.74$0.59$0.12$0.37$0.85$0.73$0.50$0.33$0.19$0.16$0.22

Dividend yield

5.68%5.68%1.95%0.40%1.22%2.76%2.39%1.63%1.06%0.63%0.53%0.72%

Monthly Dividends

The table displays the monthly dividend distributions for SPDR Bloomberg Barclays Investment Grade Floating Rate ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.15$0.14$0.15$0.15$0.16$0.15$0.16$0.16$0.15$0.14$0.24$1.74
2023$0.00$0.16$0.12$0.13$0.14$0.14$0.14$0.15$0.15$0.15$0.15$0.31$1.74
2022$0.00$0.01$0.01$0.01$0.02$0.02$0.03$0.06$0.08$0.08$0.09$0.19$0.59
2021$0.00$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.02$0.12
2020$0.00$0.06$0.05$0.05$0.05$0.04$0.03$0.02$0.02$0.02$0.02$0.03$0.37
2019$0.00$0.08$0.07$0.08$0.08$0.08$0.07$0.07$0.07$0.07$0.07$0.12$0.85
2018$0.00$0.04$0.04$0.05$0.05$0.06$0.07$0.07$0.07$0.07$0.07$0.14$0.73
2017$0.00$0.03$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.12$0.50
2016$0.00$0.02$0.02$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.07$0.33
2015$0.00$0.01$0.01$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.04$0.19
2014$0.00$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.03$0.16
2013$0.03$0.03$0.02$0.02$0.02$0.02$0.02$0.01$0.01$0.01$0.03$0.22

Drawdowns

Drawdowns Chart

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.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember0
-2.62%
FLRN (SPDR Bloomberg Barclays Investment Grade Floating Rate ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the SPDR Bloomberg Barclays Investment Grade Floating Rate 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 SPDR Bloomberg Barclays Investment Grade Floating Rate ETF was 14.64%, occurring on Mar 18, 2020. Recovery took 97 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-14.64%Feb 25, 202017Mar 18, 202097Aug 5, 2020114
-7.84%Jan 18, 20123Jan 23, 20121543May 2, 20181546
-2.16%Mar 10, 20234Mar 15, 202322Apr 17, 202326
-1.46%Feb 10, 202288Jun 16, 202256Sep 7, 2022144
-0.89%Nov 14, 201815Dec 6, 201829Jan 18, 201944

Volatility

Volatility Chart

The current SPDR Bloomberg Barclays Investment Grade Floating Rate ETF volatility is 0.20%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
0.20%
3.79%
FLRN (SPDR Bloomberg Barclays Investment Grade Floating Rate ETF)
Benchmark (^GSPC)
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The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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