iShares £ Corp Bond ex-Financials UCITS ETF GBP (Dist) (SSXF.L)

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iShares £ Corp Bond ex-Financials UCITS ETF GBP (Dist) (SSXF.L) is down 0.2% since the beginning of the year. SSXF.L is currently trading at €119 per share. Investors who bought €1,000 worth of SSXF.L shares 5 years ago would now be looking at an investment worth €896.

iShares £ Corp Bond ex-Financials UCITS ETF GBP (Dist) (SSXF.L) has returned -0.15% so far this year and 3.48% over the past 12 months. Over the last ten years, SSXF.L has returned 0.32% per year, falling short of the S&P 500 Index benchmark, which averaged 12.92% annually.

Based on dividend-adjusted daily data since Sep 25, 2009, SSXF.L's average daily return is +0.02%, while the average monthly return is +0.42%. At this rate, an investment would double in approximately 13.8 years.

Historically, 61% of months were positive and 39% were negative. The best month was Dec 2009 with a return of +11.4%, while the worst month was Sep 2022 at -10.7%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.

On a daily basis, SSXF.L closed higher 51% of trading days. The best single day was Nov 19, 2009 with a return of +12.2%, while the worst single day was Nov 18, 2009 at -11.6%.

iShares £ Corp Bond ex-Financials UCITS ETF GBP (Dist) has an annualized alpha of 4.58%, beta of 0.12, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since September 25, 2009.

• This ETF participated in 33.68% of S&P 500 Index downside but only 31.08% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.12 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.

SSXF.L has an expense ratio of 0.20%, which is considered low.

SSXF.L ranks 17 for risk / return — in the bottom 17% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

iShares £ Corp Bond ex-Financials UCITS ETF GBP (Dist) provided a 4.53% dividend yield over the last twelve months, with an annual payout of €5.39 per share. The fund has been increasing its distributions for 4 consecutive years.

The table displays the monthly dividend distributions for iShares £ Corp Bond ex-Financials UCITS ETF GBP (Dist). 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 iShares £ Corp Bond ex-Financials UCITS ETF GBP (Dist). 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 iShares £ Corp Bond ex-Financials UCITS ETF GBP (Dist) was 33.80%, occurring on Sep 27, 2022. The portfolio has not yet recovered.

The current iShares £ Corp Bond ex-Financials UCITS ETF GBP (Dist) drawdown is 12.39%.

The chart below shows the rolling one-month volatility.