ProShares S&P 500 Bond ETF (SPXB)
SPXB is a passive ETF by ProShares tracking the investment results of the S&P 500 MarketAxess Investment Grade Corporate Bond Index. SPXB launched on May 1, 2018 and has a 0.15% expense ratio.
ETF Info
| ISIN | US74347B3188 |
|---|---|
| CUSIP | 74347B318 |
| Issuer | ProShares |
| Inception Date | May 1, 2018 |
| Region | North America (U.S.) |
| Category | Corporate Bonds |
| Leveraged | 1x |
| Index Tracked | S&P 500 MarketAxess Investment Grade Corporate Bond Index |
| Home Page | www.proshares.com |
| Asset Class | Bond |
Expense Ratio
SPXB has an expense ratio of 0.15%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: SPXB vs. SPLG, SPXB vs. ARKK, SPXB vs. BRK-B, SPXB vs. AAPL, SPXB vs. SPY, SPXB vs. IEI, SPXB vs. MTUM, SPXB vs. SPXS, SPXB vs. FAGIX, SPXB vs. VUAA.L
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ProShares S&P 500 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
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 21.24% |
| 1 month | N/A | 0.55% |
| 6 months | N/A | 11.47% |
| 1 year | N/A | 32.45% |
| 5 years (annualized) | N/A | 13.43% |
| 10 years (annualized) | N/A | 11.05% |
Monthly Returns
The table below presents the monthly returns of SPXB, 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 | -0.42% | -1.69% | 1.42% | -2.75% | -3.45% | ||||||||
| 2023 | 4.03% | -3.44% | 3.95% | 0.31% | -1.40% | 0.59% | -0.02% | -0.99% | -3.00% | -1.72% | 6.64% | 4.11% | 8.83% |
| 2022 | -3.62% | -1.91% | -2.38% | -6.58% | 1.80% | -3.18% | 4.21% | -4.14% | -5.22% | -0.84% | 5.62% | -1.10% | -16.66% |
| 2021 | -2.05% | -2.18% | -1.25% | 0.95% | 0.60% | 2.08% | 1.33% | -0.31% | -1.52% | 0.66% | -0.09% | -0.02% | -1.89% |
| 2020 | 2.27% | 1.06% | -3.84% | 3.89% | 1.13% | 1.88% | 2.87% | -1.88% | -0.32% | -0.44% | 3.40% | 0.13% | 10.33% |
| 2019 | 1.90% | 0.66% | 2.70% | 0.50% | 1.26% | 2.91% | 0.33% | 3.35% | -0.71% | 0.69% | 0.41% | 0.45% | 15.34% |
| 2018 | 1.12% | -0.80% | 1.28% | 0.15% | -0.31% | -1.67% | -0.49% | 1.90% | 1.13% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SPXB is 13, indicating that it is in the bottom 13% 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 ProShares S&P 500 Bond ETF (SPXB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
ProShares S&P 500 Bond ETF provided a 2.02% dividend yield over the last twelve months, with an annual payout of $1.47 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $1.47 | $3.10 | $2.31 | $1.82 | $2.50 | $3.06 | $1.99 |
Dividend yield | 2.02% | 4.05% | 3.14% | 2.00% | 2.64% | 3.48% | 2.52% |
Monthly Dividends
The table displays the monthly dividend distributions for ProShares S&P 500 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 | $0.31 | $0.29 | $0.30 | $0.00 | $0.90 | |||||||
| 2023 | $0.00 | $0.22 | $0.25 | $0.21 | $0.23 | $0.24 | $0.26 | $0.27 | $0.27 | $0.28 | $0.29 | $0.58 | $3.10 |
| 2022 | $0.00 | $0.17 | $0.17 | $0.17 | $0.17 | $0.18 | $0.22 | $0.19 | $0.21 | $0.21 | $0.21 | $0.41 | $2.31 |
| 2021 | $0.00 | $0.12 | $0.15 | $0.15 | $0.15 | $0.15 | $0.16 | $0.15 | $0.15 | $0.17 | $0.15 | $0.31 | $1.82 |
| 2020 | $0.00 | $0.23 | $0.23 | $0.27 | $0.23 | $0.21 | $0.22 | $0.19 | $0.19 | $0.19 | $0.17 | $0.37 | $2.50 |
| 2019 | $0.00 | $0.24 | $0.26 | $0.28 | $0.26 | $0.26 | $0.26 | $0.26 | $0.26 | $0.25 | $0.25 | $0.49 | $3.06 |
| 2018 | $0.18 | $0.25 | $0.25 | $0.25 | $0.25 | $0.25 | $0.55 | $1.99 |
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 ProShares S&P 500 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 ProShares S&P 500 Bond ETF was 23.03%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.03% | Jan 4, 2021 | 454 | Oct 20, 2022 | — | — | — |
| -20.03% | Mar 9, 2020 | 9 | Mar 19, 2020 | 57 | Jun 10, 2020 | 66 |
| -3.32% | Aug 7, 2020 | 60 | Oct 30, 2020 | 41 | Dec 30, 2020 | 101 |
| -3% | Aug 23, 2018 | 36 | Nov 28, 2018 | 21 | Jan 23, 2019 | 57 |
| -2.73% | Aug 29, 2019 | 11 | Sep 13, 2019 | 52 | Nov 26, 2019 | 63 |
Volatility
Volatility Chart
The current ProShares S&P 500 Bond ETF volatility is 1.82%, 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.