SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB)
SPIB is a passive ETF by State Street tracking the investment results of the Bloomberg US Aggregate Credit - Corporate - Investment Grade - Intermediate. SPIB launched on Feb 10, 2009 and has a 0.07% expense ratio.
ETF Info
ISIN | US78464A3757 |
---|---|
CUSIP | 78464A375 |
Issuer | State Street |
Inception Date | Feb 10, 2009 |
Region | Developed Markets (Broad) |
Category | Corporate Bonds |
Index Tracked | Bloomberg US Aggregate Credit - Corporate - Investment Grade - Intermediate |
Home Page | www.ssga.com |
Asset Class | Bond |
Expense Ratio
The SPDR Portfolio Intermediate Term Corporate Bond ETF has an expense ratio of 0.07% which is considered to be low.
Share Price Chart
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Compare to other instruments
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SPDR Portfolio Intermediate Term Corporate 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 Portfolio Intermediate Term Corporate Bond ETF had a return of 0.39% year-to-date (YTD) and 5.66% in the last 12 months. Over the past 10 years, SPDR Portfolio Intermediate Term Corporate Bond ETF had an annualized return of 2.39%, while the S&P 500 had an annualized return of 10.96%, indicating that SPDR Portfolio Intermediate Term Corporate Bond ETF did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 0.39% | 10.04% |
1 month | 1.16% | 3.53% |
6 months | 6.50% | 22.79% |
1 year | 5.66% | 32.16% |
5 years (annualized) | 1.87% | 13.15% |
10 years (annualized) | 2.39% | 10.96% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.24% | -0.91% | ||||||||||
2023 | -0.20% | -1.45% | -0.74% | 3.79% | 2.81% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
SPDR Portfolio Intermediate Term Corporate Bond ETF | 1.17 | ||||
S&P 500 | 2.76 |
Dividends
Dividend History
SPDR Portfolio Intermediate Term Corporate Bond ETF granted a 3.95% dividend yield in the last twelve months. The annual payout for that period amounted to $1.29 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $1.29 | $1.26 | $0.84 | $0.57 | $0.81 | $1.07 | $1.00 | $0.95 | $0.91 | $0.90 | $0.91 | $1.02 |
Dividend yield | 3.95% | 3.84% | 2.65% | 1.58% | 2.18% | 3.03% | 3.03% | 2.79% | 2.68% | 2.69% | 2.65% | 3.04% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR Portfolio Intermediate Term 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.11 | ||||||||||
2023 | $0.00 | $0.10 | $0.10 | $0.09 | $0.10 | $0.10 | $0.10 | $0.10 | $0.11 | $0.11 | $0.11 | $0.24 |
2022 | $0.00 | $0.05 | $0.05 | $0.05 | $0.06 | $0.06 | $0.07 | $0.07 | $0.08 | $0.08 | $0.08 | $0.18 |
2021 | $0.00 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.04 | $0.10 |
2020 | $0.00 | $0.08 | $0.08 | $0.08 | $0.08 | $0.07 | $0.07 | $0.06 | $0.06 | $0.06 | $0.06 | $0.11 |
2019 | $0.00 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.08 | $0.16 |
2018 | $0.00 | $0.07 | $0.07 | $0.08 | $0.08 | $0.08 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.19 |
2017 | $0.00 | $0.07 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.19 |
2016 | $0.00 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.07 | $0.15 |
2015 | $0.00 | $0.07 | $0.08 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.08 | $0.08 | $0.16 |
2014 | $0.00 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.07 | $0.08 | $0.07 | $0.15 |
2013 | $0.08 | $0.09 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.23 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the SPDR Portfolio Intermediate Term 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 Portfolio Intermediate Term Corporate Bond ETF was 14.94%, occurring on Mar 19, 2020. Recovery took 51 trading sessions.
The current SPDR Portfolio Intermediate Term Corporate Bond ETF drawdown is 4.20%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-14.94% | Mar 5, 2020 | 11 | Mar 19, 2020 | 51 | Jun 2, 2020 | 62 |
-14.8% | Aug 4, 2021 | 307 | Oct 20, 2022 | — | — | — |
-8.01% | Feb 17, 2009 | 15 | Mar 9, 2009 | 77 | Jun 26, 2009 | 92 |
-4.59% | May 3, 2013 | 87 | Sep 5, 2013 | 148 | Apr 8, 2014 | 235 |
-3.76% | Nov 5, 2010 | 29 | Dec 16, 2010 | 92 | Apr 29, 2011 | 121 |
Volatility
Volatility Chart
The current SPDR Portfolio Intermediate Term Corporate Bond ETF volatility is 0.87%, 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.