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SPIB vs. SPLB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SPIB and SPLB is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.0

Performance

SPIB vs. SPLB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) and SPDR Portfolio Long Term Corporate Bond ETF (SPLB). The values are adjusted to include any dividend payments, if applicable.

80.00%90.00%100.00%110.00%120.00%130.00%140.00%NovemberDecember2025FebruaryMarchApril
89.90%
129.58%
SPIB
SPLB

Key characteristics

Sharpe Ratio

SPIB:

2.08

SPLB:

0.48

Sortino Ratio

SPIB:

3.10

SPLB:

0.73

Omega Ratio

SPIB:

1.39

SPLB:

1.09

Calmar Ratio

SPIB:

1.37

SPLB:

0.22

Martin Ratio

SPIB:

8.26

SPLB:

1.24

Ulcer Index

SPIB:

0.95%

SPLB:

4.49%

Daily Std Dev

SPIB:

3.77%

SPLB:

11.50%

Max Drawdown

SPIB:

-14.94%

SPLB:

-34.46%

Current Drawdown

SPIB:

-0.24%

SPLB:

-19.85%

Returns By Period

In the year-to-date period, SPIB achieves a 2.50% return, which is significantly higher than SPLB's 1.31% return. Over the past 10 years, SPIB has outperformed SPLB with an annualized return of 2.57%, while SPLB has yielded a comparatively lower 1.96% annualized return.


SPIB

YTD

2.50%

1M

0.65%

6M

2.44%

1Y

8.16%

5Y*

1.87%

10Y*

2.57%

SPLB

YTD

1.31%

1M

-0.10%

6M

-0.99%

1Y

6.67%

5Y*

-2.36%

10Y*

1.96%

*Annualized

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SPIB vs. SPLB - Expense Ratio Comparison

Both SPIB and SPLB have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Expense ratio chart for SPIB: current value is 0.07%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SPIB: 0.07%
Expense ratio chart for SPLB: current value is 0.07%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SPLB: 0.07%

Risk-Adjusted Performance

SPIB vs. SPLB — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPIB
The Risk-Adjusted Performance Rank of SPIB is 9292
Overall Rank
The Sharpe Ratio Rank of SPIB is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of SPIB is 9595
Sortino Ratio Rank
The Omega Ratio Rank of SPIB is 9494
Omega Ratio Rank
The Calmar Ratio Rank of SPIB is 8888
Calmar Ratio Rank
The Martin Ratio Rank of SPIB is 9191
Martin Ratio Rank

SPLB
The Risk-Adjusted Performance Rank of SPLB is 4848
Overall Rank
The Sharpe Ratio Rank of SPLB is 5555
Sharpe Ratio Rank
The Sortino Ratio Rank of SPLB is 5252
Sortino Ratio Rank
The Omega Ratio Rank of SPLB is 4848
Omega Ratio Rank
The Calmar Ratio Rank of SPLB is 3939
Calmar Ratio Rank
The Martin Ratio Rank of SPLB is 4545
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.

SPIB vs. SPLB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) and SPDR Portfolio Long Term Corporate Bond ETF (SPLB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The chart of Sharpe ratio for SPIB, currently valued at 2.08, compared to the broader market-1.000.001.002.003.004.00
SPIB: 2.08
SPLB: 0.48
The chart of Sortino ratio for SPIB, currently valued at 3.10, compared to the broader market-2.000.002.004.006.008.00
SPIB: 3.10
SPLB: 0.73
The chart of Omega ratio for SPIB, currently valued at 1.39, compared to the broader market0.501.001.502.002.50
SPIB: 1.39
SPLB: 1.09
The chart of Calmar ratio for SPIB, currently valued at 1.37, compared to the broader market0.002.004.006.008.0010.0012.00
SPIB: 1.37
SPLB: 0.22
The chart of Martin ratio for SPIB, currently valued at 8.26, compared to the broader market0.0020.0040.0060.00
SPIB: 8.26
SPLB: 1.24

The current SPIB Sharpe Ratio is 2.08, which is higher than the SPLB Sharpe Ratio of 0.48. The chart below compares the historical Sharpe Ratios of SPIB and SPLB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00NovemberDecember2025FebruaryMarchApril
2.08
0.48
SPIB
SPLB

Dividends

SPIB vs. SPLB - Dividend Comparison

SPIB's dividend yield for the trailing twelve months is around 4.44%, less than SPLB's 5.24% yield.


TTM20242023202220212020201920182017201620152014
SPIB
SPDR Portfolio Intermediate Term Corporate Bond ETF
4.44%4.41%3.84%2.65%1.58%2.18%3.03%3.03%2.79%2.68%2.69%2.65%
SPLB
SPDR Portfolio Long Term Corporate Bond ETF
5.24%5.20%4.60%4.53%3.00%3.01%3.79%4.50%4.06%4.34%4.70%4.25%

Drawdowns

SPIB vs. SPLB - Drawdown Comparison

The maximum SPIB drawdown since its inception was -14.94%, smaller than the maximum SPLB drawdown of -34.46%. Use the drawdown chart below to compare losses from any high point for SPIB and SPLB. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-0.24%
-19.85%
SPIB
SPLB

Volatility

SPIB vs. SPLB - Volatility Comparison

The current volatility for SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) is 1.97%, while SPDR Portfolio Long Term Corporate Bond ETF (SPLB) has a volatility of 6.33%. This indicates that SPIB experiences smaller price fluctuations and is considered to be less risky than SPLB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%NovemberDecember2025FebruaryMarchApril
1.97%
6.33%
SPIB
SPLB