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ISIN
US78464A1512
CUSIP
78464A151
Inception Date
May 19, 2010
Region
Developed Markets (Broad)
Leveraged
1x (No leverage)
Index Tracked
Bloomberg Global Aggregate x USD >$1B: Corporate Bond
Distribution Policy
Distributing
Asset Class
Bond
Assets Under Management
$467M

Share Price Chart


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Performance

IBND Performance Chart

SPDR Bloomberg Barclays International Corporate Bond ETF (IBND) is down 2.3% since the beginning of the year. IBND is currently trading at $31 per share. Investors who bought $1,000 worth of IBND shares 5 years ago would now be looking at an investment worth $932.


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S&P 500 Index

Returns By Period

SPDR Bloomberg Barclays International Corporate Bond ETF (IBND) has returned -2.31% so far this year and 0.30% over the past 12 months. Over the last ten years, IBND has returned 0.70% per year, falling short of the S&P 500 Index benchmark, which averaged 13.71% annually.


SPDR Bloomberg Barclays International Corporate Bond ETF

1D
-0.32%
1M
-1.13%
YTD
-2.31%
6M
-2.34%
1Y
0.30%
3Y*
5.72%
5Y*
-1.40%
10Y*
0.70%

Benchmark (S&P 500 Index)

1D
-1.44%
1M
-1.45%
YTD
7.60%
6M
6.59%
1Y
22.24%
3Y*
19.20%
5Y*
11.54%
10Y*
13.71%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IBND Monthly Returns History

Based on dividend-adjusted daily data since May 20, 2010, IBND's average daily return is +0.01%, while the average monthly return is +0.16%. At this rate, an investment would double in approximately 36.1 years.

Historically, 55% of months were positive and 45% were negative. The best month was Nov 2022 with a return of +9.1%, while the worst month was Apr 2022 at -7.7%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 9 months.

On a daily basis, IBND closed higher 49% of trading days. The best single day was Nov 10, 2022 with a return of +3.6%, while the worst single day was Mar 18, 2020 at -3.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.78%0.04%-4.53%2.50%0.06%-2.00%-2.31%
20250.61%0.79%2.96%5.98%0.83%4.04%-3.06%2.30%0.56%-1.33%0.63%1.09%16.17%
2024-2.44%-1.08%1.24%-2.06%1.89%-0.53%2.81%2.55%1.70%-2.84%-0.83%-3.00%-2.81%
20233.36%-4.46%4.57%1.67%-3.10%1.45%1.74%-1.15%-4.41%1.06%5.79%4.06%10.38%
2022-2.98%-1.92%-3.04%-7.73%1.01%-5.53%2.46%-7.28%-5.77%1.36%9.05%0.22%-19.44%
2021-1.42%-1.36%-2.72%2.38%1.18%-2.10%1.10%-0.99%-2.75%-0.47%-1.82%0.38%-8.40%

Benchmark Metrics

SPDR Bloomberg Barclays International Corporate Bond ETF has an annualized alpha of 0.25%, beta of 0.12, and R2 of 0.05 versus S&P 500 Index. Calculated based on daily prices since May 20, 2010.

  • This ETF participated in 53.96% of S&P 500 Index downside but only 28.11% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.12 may look defensive, but with R2 of 0.05 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 0.05 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.

Alpha
0.25%
Beta
0.12
0.05
Upside Capture
28.11%
Downside Capture
53.96%

Expense Ratio

IBND has an expense ratio of 0.50%, placing it in the medium range.


Return for Risk

Risk / Return Rank

IBND ranks 9 for risk / return — in the bottom 9% 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.


IBND Risk / Return Rank: 99
Overall Rank
IBND Sharpe Ratio Rank: 99
Sharpe Ratio Rank
IBND Sortino Ratio Rank: 88
Sortino Ratio Rank
IBND Omega Ratio Rank: 88
Omega Ratio Rank
IBND Calmar Ratio Rank: 99
Calmar Ratio Rank
IBND Martin Ratio Rank: 99
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for SPDR Bloomberg Barclays International Corporate Bond ETF (IBND) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


IBNDBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-1.74

Sortino ratioReturn per unit of downside risk

-2.32

Omega ratioGain probability vs. loss probability

1.01

1.32

-0.31

Calmar ratioReturn relative to maximum drawdown

0.04

2.46

-2.41

Martin ratioReturn relative to average drawdown

0.11

10.92

-10.80

Dividends

Dividend History

SPDR Bloomberg Barclays International Corporate Bond ETF provided a 2.77% dividend yield over the last twelve months, with an annual payout of $0.86 per share. The fund has been increasing its distributions for 4 consecutive years.


0.00%0.50%1.00%1.50%2.00%2.50%$0.00$0.20$0.40$0.60$0.8020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.86$0.80$0.74$0.62$0.15$0.13$0.17$0.23$0.23$0.12$0.00$0.00

Dividend yield

2.77%2.49%2.61%2.08%0.54%0.38%0.45%0.67%0.71%0.34%0.01%0.01%

Monthly Dividends

The table displays the monthly dividend distributions for SPDR Bloomberg Barclays International Corporate Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.07$0.07$0.07$0.07$0.08$0.36
2025$0.00$0.06$0.06$0.06$0.06$0.07$0.07$0.07$0.07$0.07$0.08$0.15$0.80
2024$0.00$0.06$0.07$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.07$0.12$0.74
2023$0.00$0.05$0.04$0.05$0.04$0.06$0.05$0.05$0.06$0.06$0.06$0.12$0.62
2022$0.00$0.02$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.02$0.04$0.15
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$0.13

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the SPDR Bloomberg Barclays International Corporate 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 SPDR Bloomberg Barclays International Corporate Bond ETF was 35.62%, occurring on Sep 27, 2022. The portfolio has not yet recovered.

The current SPDR Bloomberg Barclays International Corporate Bond ETF drawdown is 10.57%.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-35.62%Sep 2022
1y 8mo
5y 5moJan 2021 - now
COVID crash2020
-21.71%Mar 2020
5y 10mo8mo 11d
6y 6moMay 2014 - Nov 2020
2012 correction2012
-11.04%Jan 2012
8mo 8d9mo 2d
1y 5moMay 2011 - Oct 2012
2010 pullback2010
-8.60%Dec 2010
2mo 8d3mo 17d
5mo 25dOct 2010 - Apr 2011
2013 pullback2013
-6.01%Jul 2013
5mo 5d2mo 11d
7mo 16dFeb 2013 - Sep 2013

Drawdown Indicators


IBNDBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-35.62%

-56.78%

+21.16%

Max Drawdown (1Y)

Largest decline over 1 year

-6.75%

-9.10%

+2.35%

Max Drawdown (3Y)

Largest decline over 3 years

-9.18%

-18.90%

+9.72%

Max Drawdown (5Y)

Largest decline over 5 years

-33.49%

-25.43%

-8.06%

Max Drawdown (10Y)

Largest decline over 10 years

-35.62%

-33.92%

-1.70%

Current Drawdown

Current decline from peak

-10.57%

-3.21%

-7.36%

Average Drawdown

Average peak-to-trough decline

-10.63%

-10.71%

+0.08%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.64%

2.04%

+0.60%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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