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SPDR Blackstone Senior Loan ETF (SRLN)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

SPDR Blackstone Senior Loan ETF (SRLN)

ETF · Currency in USD · Last updated May 30, 2025

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 has an expense ratio of 0.70%, placing it in the medium range.

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.

SPDR Blackstone Senior Loan ETF

Popular comparisons:
SRLN vs. BKLN SRLN vs. SJNK SRLN vs. USHY SRLN vs. NUSIX SRLN vs. HYBL SRLN vs. VOO SRLN vs. HYG SRLN vs. TLT SRLN vs. JBBB SRLN vs. SEIX
Popular comparisons:
SRLN vs. BKLN SRLN vs. SJNK SRLN vs. USHY SRLN vs. NUSIX SRLN vs. HYBL SRLN vs. VOO SRLN vs. HYG SRLN vs. TLT SRLN vs. JBBB SRLN vs. SEIX

Performance

Performance Chart

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S&P 500

Returns By Period

SPDR Blackstone Senior Loan ETF (SRLN) returned 1.72% year-to-date (YTD) and 6.85% over the past 12 months. Over the past 10 years, SRLN returned 3.86% annually, underperforming the S&P 500 benchmark at 10.84%.

SRLN

YTD

1.72%

1M

1.88%

6M

2.35%

1Y

6.85%

3Y*

6.65%

5Y*

5.93%

10Y*

3.86%

^GSPC (Benchmark)

YTD

0.52%

1M

6.32%

6M

-1.44%

1Y

12.25%

3Y*

12.45%

5Y*

14.20%

10Y*

10.84%

*Annualized

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.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.55%0.04%-0.75%-0.19%2.08%1.72%
20240.07%0.96%0.87%0.43%1.01%0.04%0.60%0.97%0.54%0.93%1.29%0.43%8.44%
20232.91%-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%
20210.55%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%
20192.48%2.19%-0.69%2.23%-1.01%0.61%1.02%-0.61%1.25%-0.50%1.20%1.50%10.03%
20181.00%-0.03%0.24%0.39%0.01%-0.24%1.00%0.42%0.60%-0.30%-0.81%-2.88%-0.65%
20170.04%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%
20140.38%-0.11%0.18%-0.13%0.22%0.69%-0.02%-0.18%-0.59%0.69%0.60%-0.70%1.03%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 93, SRLN is among the top 7% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.

The Risk-Adjusted Performance Rank of SRLN is 9393
Overall Rank
The Sharpe Ratio Rank of SRLN is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of SRLN is 9393
Sortino Ratio Rank
The Omega Ratio Rank of SRLN is 9797
Omega Ratio Rank
The Calmar Ratio Rank of SRLN is 8989
Calmar Ratio Rank
The Martin Ratio Rank of SRLN is 9292
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

SPDR Blackstone Senior Loan ETF Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 1.78
  • 5-Year: 1.41
  • 10-Year: 0.64
  • All Time: 0.65

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of SPDR Blackstone Senior Loan ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

SPDR Blackstone Senior Loan ETF provided a 8.25% dividend yield over the last twelve months, with an annual payout of $3.41 per share. The fund has been increasing its distributions for 3 consecutive years.

4.00%5.00%6.00%7.00%8.00%9.00%$0.00$1.00$2.00$3.00$4.0020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$3.41$3.58$3.54$2.34$2.03$2.24$2.51$2.23$1.89$1.87$2.04$1.78

Dividend yield

8.25%8.58%8.44%5.72%4.45%4.91%5.39%4.98%4.01%3.94%4.43%3.66%

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.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.28$0.26$0.27$0.25$1.06
2024$0.00$0.32$0.29$0.31$0.31$0.31$0.30$0.30$0.31$0.30$0.30$0.53$3.58
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$0.12$0.11$0.13$0.14$0.14$0.15$0.15$0.17$0.17$0.17$0.35$1.78

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.

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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.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-22.29%Feb 20, 202023Mar 23, 2020161Nov 9, 2020184
-7.93%Jan 18, 2022178Sep 30, 2022194Jul 12, 2023372
-5.57%Jul 21, 2015144Feb 12, 2016124Aug 10, 2016268
-4.61%Oct 17, 201847Dec 24, 201841Feb 25, 201988
-4.26%Feb 19, 202534Apr 7, 202524May 12, 202558
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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