SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (FLRN)
FLRN is a passive ETF by State Street tracking the investment results of the Bloomberg US Floating Rate Notes (<5 Y). FLRN launched on Nov 30, 2011 and has a 0.15% expense ratio.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $11,810 for a total return of roughly 18.10%. All prices are adjusted for splits and dividends.
Compare to other instruments
Popular comparisons: FLRN vs. FLOT, FLRN vs. TFLO, FLRN vs. USFR
Return
SPDR Bloomberg Barclays Investment Grade Floating Rate ETF had a return of 0.51% year-to-date (YTD) and 2.33% in the last 12 months. Over the past 10 years, SPDR Bloomberg Barclays Investment Grade Floating Rate ETF had an annualized return of 1.27%, while the S&P 500 had an annualized return of 9.71%, indicating that SPDR Bloomberg Barclays Investment Grade Floating Rate ETF did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
1 month | -0.53% | -5.31% |
Year-To-Date | 0.51% | 2.01% |
6 months | 1.67% | 0.39% |
1 year | 2.33% | -10.12% |
5 years (annualized) | 1.58% | 7.32% |
10 years (annualized) | 1.27% | 9.71% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2023 | 0.76% | 0.71% | ||||||||||
2022 | -0.11% | 0.31% | 0.56% | 0.61% |
Dividend History
SPDR Bloomberg Barclays Investment Grade Floating Rate ETF granted a 2.87% dividend yield in the last twelve months. The annual payout for that period amounted to $0.87 per share.
Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.87 | $0.59 | $0.12 | $0.37 | $0.85 | $0.73 | $0.50 | $0.32 | $0.19 | $0.16 | $0.22 | $0.49 |
Dividend yield | 2.87% | 1.97% | 0.40% | 1.26% | 2.89% | 2.57% | 1.80% | 1.19% | 0.71% | 0.61% | 0.83% | 1.83% |
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.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2023 | $0.00 | $0.16 | ||||||||||
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 |
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 |
2020 | $0.00 | $0.06 | $0.05 | $0.05 | $0.04 | $0.04 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
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 |
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 |
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 |
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 |
2015 | $0.00 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 |
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 |
2013 | $0.00 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.03 |
2012 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.06 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the SPDR Bloomberg Barclays Investment Grade Floating Rate ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the SPDR Bloomberg Barclays Investment Grade Floating Rate ETF is 14.64%, recorded on Mar 18, 2020. It took 97 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-14.64% | Feb 25, 2020 | 17 | Mar 18, 2020 | 97 | Aug 5, 2020 | 114 |
-7.84% | Jan 18, 2012 | 3 | Jan 23, 2012 | 1548 | May 9, 2018 | 1551 |
-2.16% | Mar 10, 2023 | 4 | Mar 15, 2023 | — | — | — |
-1.46% | Feb 10, 2022 | 88 | Jun 16, 2022 | 56 | Sep 7, 2022 | 144 |
-0.89% | Nov 14, 2018 | 15 | Dec 6, 2018 | 29 | Jan 18, 2019 | 44 |
-0.57% | Sep 26, 2022 | 15 | Oct 14, 2022 | 17 | Nov 8, 2022 | 32 |
-0.23% | Dec 2, 2011 | 2 | Dec 7, 2011 | 3 | Dec 15, 2011 | 5 |
-0.21% | Oct 1, 2021 | 56 | Dec 20, 2021 | 33 | Feb 7, 2022 | 89 |
-0.17% | Dec 22, 2011 | 1 | Dec 22, 2011 | 3 | Dec 29, 2011 | 4 |
-0.16% | Sep 13, 2022 | 1 | Sep 13, 2022 | 4 | Sep 19, 2022 | 5 |
Volatility Chart
Current SPDR Bloomberg Barclays Investment Grade Floating Rate ETF volatility is 11.67%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.
Alternatives
Symbol | Inception | Expense Ratio | YTD Ret. | 10Y Ann. Ret. | Div. Yield | Max. Drawdown | Sharpe Ratio |
---|---|---|---|---|---|---|---|
FLOT | Jun 14, 2011 | 0.20% | -0.1% | 1.2% | 2.9% | -13.5% | 0.7 |