SPDR Portfolio Mortgage Backed Bond ETF (SPMB)

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SPDR Portfolio Mortgage Backed Bond ETF (SPMB) is up 0.8% since the beginning of the year. SPMB is currently trading at $22 per share. Investors who bought $1,000 worth of SPMB shares 5 years ago would now be looking at an investment worth $1,020.

SPDR Portfolio Mortgage Backed Bond ETF (SPMB) has returned 0.76% so far this year and 5.97% over the past 12 months. Over the last ten years, SPMB has returned 1.28% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Jan 30, 2009, SPMB's average daily return is +0.01%, while the average monthly return is +0.20%. At this rate, an investment would double in approximately 28.9 years.

Historically, 63% of months were positive and 37% were negative. The best month was Nov 2023 with a return of +5.2%, while the worst month was Sep 2022 at -5.2%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.

On a daily basis, SPMB closed higher 48% of trading days. The best single day was Mar 13, 2020 with a return of +12.7%, while the worst single day was Mar 12, 2020 at -11.7%.

SPDR Portfolio Mortgage Backed Bond ETF has an annualized alpha of 1.75%, beta of 0.05, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since January 30, 2009.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (9.16%) than losses (6.17%) - typical of diversified or defensive assets.
• Beta of 0.05 may look defensive, but with R2 of 0.02 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 0.02 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.

SPMB has an expense ratio of 0.04%, which is considered low.

SPMB ranks 42 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

SPDR Portfolio Mortgage Backed Bond ETF provided a 4.08% dividend yield over the last twelve months, with an annual payout of $0.91 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for SPDR Portfolio Mortgage Backed 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 Portfolio Mortgage Backed 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 Mortgage Backed Bond ETF was 18.03%, occurring on Oct 19, 2023. Recovery took 557 trading sessions.

The current SPDR Portfolio Mortgage Backed Bond ETF drawdown is 1.34%.

The chart below shows the rolling one-month volatility.