- ISIN
- US78464A1512
- CUSIP
- 78464A151
- Issuer
- State Street
- Inception Date
- May 19, 2010
- Region
- Developed Markets (Broad)
- Category
- Corporate Bonds
- 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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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%
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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.78% | 0.04% | -4.53% | 2.50% | 0.06% | -2.00% | -2.31% | ||||||
| 2025 | 0.61% | 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% |
| 2023 | 3.36% | -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
- R²
- 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.
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.
| IBND | Benchmark | Difference | |
|---|---|---|---|
| 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.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 10mo | 8mo 11d | 6y 6moMay 2014 - Nov 2020 |
2012 correction2012 | -11.04%Jan 2012 | 8mo 8d | 9mo 2d | 1y 5moMay 2011 - Oct 2012 |
2010 pullback2010 | -8.60%Dec 2010 | 2mo 8d | 3mo 17d | 5mo 25dOct 2010 - Apr 2011 |
2013 pullback2013 | -6.01%Jul 2013 | 5mo 5d | 2mo 11d | 7mo 16dFeb 2013 - Sep 2013 |
Drawdown Indicators
| IBND | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 DrawdownCurrent decline from peak | -10.57% | -3.21% | -7.36% |
Average DrawdownAverage peak-to-trough decline | -10.63% | -10.71% | +0.08% |
Ulcer IndexDepth 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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