SPDR Loomis Sayles Opportunistic Bond ETF (OBND)

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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.

SPDR Loomis Sayles Opportunistic Bond ETF (OBND) has returned -0.60% so far this year and 5.23% over the past 12 months.

Based on dividend-adjusted daily data since Sep 28, 2021, OBND's average daily return is +0.01%, while the average monthly return is +0.18%. At this rate, your investment would double in approximately 32.1 years.

Historically, 51% of months were positive and 49% were negative. The best month was Jul 2022 with a return of +4.3%, while the worst month was Sep 2022 at -4.5%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.

On a daily basis, OBND closed higher 51% of trading days. The best single day was Nov 10, 2022 with a return of +2.1%, while the worst single day was Jun 13, 2022 at -1.8%.

SPDR Loomis Sayles Opportunistic Bond ETF has an annualized alpha of 0.60%, beta of 0.14, and R² of 0.27 versus S&P 500 Index. Calculated based on daily prices since September 29, 2021.

• This ETF participated in 38.72% of S&P 500 Index downside but only 25.15% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.14 may look defensive, but with R² of 0.27 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 0.27 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.

OBND has an expense ratio of 0.55%, placing it in the medium range.

OBND ranks 72 for risk / return — better than 72% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for SPDR Loomis Sayles Opportunistic Bond ETF (OBND) and compare them to a chosen benchmark (S&P 500 Index).

SPDR Loomis Sayles Opportunistic Bond ETF provided a 6.34% dividend yield over the last twelve months, with an annual payout of $1.62 per share.

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.

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.

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 15.86%, occurring on Oct 20, 2022. Recovery took 447 trading sessions.

The current SPDR Loomis Sayles Opportunistic Bond ETF drawdown is 1.85%.

The chart below shows the rolling one-month volatility.