SPDR Blackstone Senior Loan ETF (SRLN)
SRLN is a passive ETF by State Street tracking the investment results of the Markit iBoxx USD Liquid Leveraged Loan Index. SRLN launched on Apr 3, 2013 and has a 0.70% expense ratio.
ETF Info
| ISIN | US78467V6083 |
|---|---|
| CUSIP | 78467V608 |
| Issuer | State Street |
| Inception Date | Apr 3, 2013 |
| Region | Developed Markets (Broad) |
| Category | High Yield Bonds |
| Leveraged | 1x |
| Index Tracked | Markit iBoxx USD Liquid Leveraged Loan Index |
| Home Page | www.ssga.com |
| Asset Class | Bond |
Expense Ratio
SRLN features an expense ratio of 0.70%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SPDR Blackstone Senior Loan 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 Blackstone Senior Loan ETF had a return of 7.42% year-to-date (YTD) and 9.73% in the last 12 months. Over the past 10 years, SPDR Blackstone Senior Loan ETF had an annualized return of 3.85%, while the S&P 500 had an annualized return of 11.11%, indicating that SPDR Blackstone Senior Loan ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.42% | 23.08% |
| 1 month | 0.76% | 0.48% |
| 6 months | 4.12% | 10.70% |
| 1 year | 9.73% | 30.22% |
| 5 years (annualized) | 4.55% | 13.50% |
| 10 years (annualized) | 3.85% | 11.11% |
Monthly Returns
The table below presents the monthly returns of SRLN, 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 | 0.07% | 0.96% | 0.87% | 0.43% | 1.01% | 0.04% | 0.60% | 0.97% | 0.54% | 0.93% | 7.42% | ||
| 2023 | 2.91% | -0.12% | -0.19% | 0.80% | -0.34% | 2.60% | 0.87% | 1.13% | 0.34% | -0.14% | 1.48% | 1.79% | 11.62% |
| 2022 | -0.09% | -0.73% | 0.09% | -0.71% | -2.89% | -2.82% | 2.53% | 1.16% | -4.13% | 1.70% | 0.92% | -0.24% | -5.30% |
| 2021 | 0.55% | 0.59% | -0.22% | 0.75% | 0.96% | 0.61% | -0.65% | 0.70% | 0.48% | 0.11% | -0.81% | 1.35% | 4.49% |
| 2020 | -0.17% | -1.88% | -11.56% | 4.90% | 3.65% | 1.05% | 2.29% | 1.89% | 0.22% | -0.61% | 2.38% | 1.94% | 3.13% |
| 2019 | 2.48% | 2.19% | -0.69% | 2.23% | -1.01% | 0.61% | 1.02% | -0.61% | 1.25% | -0.50% | 1.20% | 1.50% | 10.03% |
| 2018 | 1.00% | -0.03% | 0.24% | 0.39% | 0.01% | -0.24% | 1.00% | 0.42% | 0.60% | -0.30% | -0.81% | -2.88% | -0.65% |
| 2017 | 0.04% | 0.54% | 0.18% | 0.31% | 0.45% | -0.01% | 0.67% | -0.06% | 0.38% | 0.57% | -0.02% | 0.30% | 3.39% |
| 2016 | -0.41% | 0.02% | 1.86% | 1.03% | 0.72% | -0.23% | 1.09% | 0.57% | 0.54% | 0.40% | 0.17% | 1.20% | 7.15% |
| 2015 | -0.66% | 2.42% | -0.03% | 1.00% | 0.07% | -0.13% | -0.09% | -0.95% | -0.85% | 0.12% | -1.20% | -0.97% | -1.29% |
| 2014 | 0.38% | -0.11% | 0.18% | -0.13% | 0.22% | 0.69% | -0.02% | -0.18% | -0.59% | 0.69% | 0.60% | -0.70% | 1.03% |
| 2013 | 0.20% | -0.13% | -0.58% | 0.99% | -0.16% | 0.04% | 0.91% | 0.08% | 0.46% | 1.80% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of SRLN is 98, placing it in the top 2% 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 Blackstone Senior Loan ETF (SRLN) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
SPDR Blackstone Senior Loan ETF provided a 8.85% dividend yield over the last twelve months, with an annual payout of $3.70 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.70 | $3.54 | $2.34 | $2.03 | $2.24 | $2.51 | $2.23 | $1.89 | $1.87 | $2.04 | $1.78 | $0.95 |
Dividend yield | 8.85% | 8.44% | 5.72% | 4.45% | 4.91% | 5.39% | 4.98% | 4.01% | 3.94% | 4.43% | 3.66% | 1.91% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR Blackstone Senior Loan 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 | $0.32 | $0.29 | $0.31 | $0.31 | $0.31 | $0.30 | $0.30 | $0.31 | $0.30 | $0.30 | $3.05 | |
| 2023 | $0.00 | $0.25 | $0.25 | $0.27 | $0.28 | $0.29 | $0.29 | $0.29 | $0.33 | $0.32 | $0.32 | $0.65 | $3.54 |
| 2022 | $0.00 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $0.18 | $0.20 | $0.22 | $0.24 | $0.48 | $2.34 |
| 2021 | $0.00 | $0.17 | $0.16 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $0.34 | $2.03 |
| 2020 | $0.00 | $0.20 | $0.19 | $0.19 | $0.17 | $0.19 | $0.19 | $0.19 | $0.20 | $0.19 | $0.19 | $0.34 | $2.24 |
| 2019 | $0.00 | $0.22 | $0.22 | $0.22 | $0.22 | $0.22 | $0.22 | $0.22 | $0.22 | $0.22 | $0.19 | $0.34 | $2.51 |
| 2018 | $0.00 | $0.17 | $0.17 | $0.17 | $0.18 | $0.19 | $0.19 | $0.19 | $0.19 | $0.19 | $0.20 | $0.41 | $2.23 |
| 2017 | $0.00 | $0.16 | $0.16 | $0.16 | $0.16 | $0.16 | $0.16 | $0.16 | $0.16 | $0.16 | $0.16 | $0.32 | $1.89 |
| 2016 | $0.00 | $0.15 | $0.17 | $0.14 | $0.15 | $0.16 | $0.17 | $0.15 | $0.17 | $0.16 | $0.15 | $0.31 | $1.87 |
| 2015 | $0.00 | $0.16 | $0.16 | $0.17 | $0.16 | $0.17 | $0.20 | $0.18 | $0.19 | $0.18 | $0.17 | $0.32 | $2.04 |
| 2014 | $0.00 | $0.12 | $0.11 | $0.13 | $0.14 | $0.14 | $0.15 | $0.15 | $0.17 | $0.17 | $0.17 | $0.35 | $1.78 |
| 2013 | $0.00 | $0.10 | $0.09 | $0.13 | $0.11 | $0.12 | $0.14 | $0.26 | $0.95 |
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 Blackstone Senior Loan 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 Blackstone Senior Loan ETF was 22.29%, occurring on Mar 23, 2020. Recovery took 161 trading sessions.
The current SPDR Blackstone Senior Loan ETF drawdown is 0.24%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.29% | Feb 20, 2020 | 23 | Mar 23, 2020 | 161 | Nov 9, 2020 | 184 |
| -7.93% | Jan 18, 2022 | 178 | Sep 30, 2022 | 194 | Jul 12, 2023 | 372 |
| -5.57% | Jul 17, 2015 | 146 | Feb 12, 2016 | 124 | Aug 10, 2016 | 270 |
| -4.61% | Oct 17, 2018 | 47 | Dec 24, 2018 | 41 | Feb 25, 2019 | 88 |
| -2.71% | Dec 1, 2014 | 13 | Dec 17, 2014 | 38 | Feb 12, 2015 | 51 |
Volatility
Volatility Chart
The current SPDR Blackstone Senior Loan ETF volatility is 0.58%, 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.