SPDR Loomis Sayles Opportunistic Bond ETF (OBND)
OBND is an actively managed ETF by SPDR. OBND launched on Sep 27, 2021 and has a 0.55% expense ratio.
ETF Info
| Issuer | SPDR |
|---|---|
| Inception Date | Sep 27, 2021 |
| Region | North America (U.S.) |
| Category | Nontraditional Bonds |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
OBND features an expense ratio of 0.55%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SPDR Loomis Sayles Opportunistic Bond ETF, 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 Loomis Sayles Opportunistic Bond ETF had a return of 5.94% year-to-date (YTD) and 11.96% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.94% | 18.13% |
| 1 month | 1.86% | 1.45% |
| 6 months | 6.05% | 8.81% |
| 1 year | 11.96% | 26.52% |
| 5 years (annualized) | N/A | 13.43% |
| 10 years (annualized) | N/A | 10.88% |
Monthly Returns
The table below presents the monthly returns of OBND, 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 | -0.03% | -0.58% | 1.21% | -1.46% | 1.40% | 0.62% | 1.94% | 1.43% | 5.94% | ||||
| 2023 | 3.83% | -2.71% | 1.89% | 0.57% | -1.08% | 0.85% | 0.84% | -0.22% | -1.29% | -1.06% | 4.01% | 3.71% | 9.47% |
| 2022 | -1.69% | -1.31% | -1.33% | -3.05% | -0.64% | -3.98% | 4.25% | -2.42% | -4.46% | -0.05% | 3.88% | -0.66% | -11.24% |
| 2021 | -0.09% | -0.13% | -0.57% | 0.81% | 0.02% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of OBND is 86, placing it in the top 14% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SPDR Loomis Sayles Opportunistic Bond ETF (OBND) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
SPDR Loomis Sayles Opportunistic Bond ETF granted a 6.46% dividend yield in the last twelve months. The annual payout for that period amounted to $1.71 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $1.71 | $1.57 | $1.16 | $0.17 |
Dividend yield | 6.46% | 6.01% | 4.56% | 0.55% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR Loomis Sayles Opportunistic 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.14 | $0.15 | $0.14 | $0.16 | $0.15 | $0.15 | $0.15 | $0.14 | $1.16 | |||
| 2023 | $0.00 | $0.10 | $0.13 | $0.12 | $0.13 | $0.13 | $0.15 | $0.14 | $0.13 | $0.13 | $0.14 | $0.29 | $1.57 |
| 2022 | $0.00 | $0.08 | $0.09 | $0.07 | $0.07 | $0.09 | $0.09 | $0.11 | $0.10 | $0.12 | $0.11 | $0.22 | $1.16 |
| 2021 | $0.04 | $0.12 | $0.17 |
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 Loomis Sayles Opportunistic 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 Loomis Sayles Opportunistic Bond ETF was 15.85%, occurring on Oct 20, 2022. Recovery took 447 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.85% | Nov 10, 2021 | 238 | Oct 20, 2022 | 447 | Aug 2, 2024 | 685 |
| -0.74% | Aug 5, 2024 | 3 | Aug 7, 2024 | 5 | Aug 14, 2024 | 8 |
| -0.68% | Oct 4, 2021 | 6 | Oct 11, 2021 | 19 | Nov 5, 2021 | 25 |
| -0.2% | Aug 22, 2024 | 1 | Aug 22, 2024 | 1 | Aug 23, 2024 | 2 |
| -0.19% | Sep 11, 2024 | 2 | Sep 12, 2024 | 1 | Sep 13, 2024 | 3 |
Volatility
Volatility Chart
The current SPDR Loomis Sayles Opportunistic Bond ETF volatility is 0.83%, 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.