SPDR Bloomberg Global Aggregate Bond UCITS ETF USD Hedged (Acc) (GLAD.L)
GLAD.L is a passive ETF by State Street tracking the investment results of the Bloomberg Global Aggregate TR Hdg USD. GLAD.L launched on Oct 9, 2019 and has a 0.10% expense ratio.
ETF Info
| ISIN | IE00BKC94M46 |
|---|---|
| WKN | A2PRUB |
| Issuer | State Street |
| Inception Date | Oct 9, 2019 |
| Category | Global Bonds |
| Leveraged | 1x |
| Index Tracked | Bloomberg Global Aggregate TR Hdg USD |
| Domicile | Ireland |
| Distribution Policy | Accumulating |
| Asset Class | Bond |
Expense Ratio
GLAD.L has an expense ratio of 0.10%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
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Popular comparisons: GLAD.L vs. IDTL.L, GLAD.L vs. SWRD.L
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SPDR Bloomberg Global Aggregate Bond UCITS ETF USD Hedged (Acc), comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
SPDR Bloomberg Global Aggregate Bond UCITS ETF USD Hedged (Acc) had a return of 3.11% year-to-date (YTD) and 8.21% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.11% | 25.70% |
| 1 month | -0.16% | 3.51% |
| 6 months | 3.97% | 14.80% |
| 1 year | 8.21% | 37.91% |
| 5 years (annualized) | 0.34% | 14.18% |
| 10 years (annualized) | N/A | 11.41% |
Monthly Returns
The table below presents the monthly returns of GLAD.L, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.24% | -0.75% | 0.92% | -1.56% | 0.77% | 0.99% | 1.58% | 1.44% | 1.01% | -1.35% | 3.11% | ||
| 2023 | 2.15% | -1.79% | 2.28% | 0.60% | -0.57% | 0.11% | 0.05% | -0.30% | -1.44% | -1.04% | 3.53% | 3.13% | 6.73% |
| 2022 | -1.51% | -1.41% | -1.93% | -2.80% | -0.15% | -1.68% | 2.88% | -2.68% | -3.25% | -0.51% | 2.10% | -0.73% | -11.24% |
| 2021 | -0.49% | -1.83% | -0.14% | 0.20% | 0.20% | 0.56% | 1.11% | -0.09% | -1.08% | -0.11% | 0.52% | -0.44% | -1.59% |
| 2020 | 1.79% | 0.98% | -1.57% | 1.84% | 0.08% | 0.67% | 0.94% | -0.78% | 0.31% | 0.06% | 0.51% | 0.29% | 5.21% |
| 2019 | 0.23% | -0.17% | -0.10% | -0.04% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GLAD.L is 52, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SPDR Bloomberg Global Aggregate Bond UCITS ETF USD Hedged (Acc) (GLAD.L) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the SPDR Bloomberg Global Aggregate Bond UCITS ETF USD Hedged (Acc). 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 Global Aggregate Bond UCITS ETF USD Hedged (Acc) was 15.20%, occurring on Oct 21, 2022. The portfolio has not yet recovered.
The current SPDR Bloomberg Global Aggregate Bond UCITS ETF USD Hedged (Acc) drawdown is 3.95%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.2% | Jan 5, 2021 | 453 | Oct 21, 2022 | — | — | — |
| -5.29% | Mar 10, 2020 | 8 | Mar 19, 2020 | 84 | Jul 21, 2020 | 92 |
| -0.98% | Aug 7, 2020 | 14 | Aug 27, 2020 | 72 | Dec 8, 2020 | 86 |
| -0.91% | Nov 1, 2019 | 7 | Nov 11, 2019 | 36 | Jan 3, 2020 | 43 |
| -0.44% | Oct 15, 2019 | 9 | Oct 28, 2019 | 3 | Oct 31, 2019 | 12 |
Volatility
Volatility Chart
The current SPDR Bloomberg Global Aggregate Bond UCITS ETF USD Hedged (Acc) volatility is 1.06%, 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.