SPLB vs. ALB
Compare and contrast key facts about SPDR Portfolio Long Term Corporate Bond ETF (SPLB) and Albemarle Corporation (ALB).
SPLB is a passively managed fund by State Street that tracks the performance of the Bloomberg Barclays Long U.S. Corporate Index. It was launched on Mar 10, 2009.
Performance
SPLB vs. ALB - Performance Comparison
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SPLB vs. ALB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPLB SPDR Portfolio Long Term Corporate Bond ETF | -0.53% | 7.05% | -1.74% | 11.20% | -25.68% | -1.99% | 13.47% | 23.49% | -7.35% | 12.26% |
ALB Albemarle Corporation | 26.49% | 67.72% | -39.50% | -32.80% | -6.63% | 59.76% | 105.39% | -3.28% | -38.89% | 50.22% |
Returns By Period
In the year-to-date period, SPLB achieves a -0.53% return, which is significantly lower than ALB's 26.49% return. Over the past 10 years, SPLB has underperformed ALB with an annualized return of 2.41%, while ALB has yielded a comparatively higher 12.10% annualized return.
SPLB
- 1D
- 0.18%
- 1M
- -2.32%
- YTD
- -0.53%
- 6M
- -1.55%
- 1Y
- 3.48%
- 3Y*
- 3.14%
- 5Y*
- -1.77%
- 10Y*
- 2.41%
ALB
- 1D
- -0.59%
- 1M
- 0.41%
- YTD
- 26.49%
- 6M
- 112.44%
- 1Y
- 152.86%
- 3Y*
- -5.47%
- 5Y*
- 4.67%
- 10Y*
- 12.10%
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Return for Risk
SPLB vs. ALB — Risk / Return Rank
SPLB
ALB
SPLB vs. ALB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio Long Term Corporate Bond ETF (SPLB) and Albemarle Corporation (ALB). 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.
| SPLB | ALB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.34 | 2.37 | -2.03 |
Sortino ratioReturn per unit of downside risk | 0.53 | 2.63 | -2.10 |
Omega ratioGain probability vs. loss probability | 1.07 | 1.35 | -0.28 |
Calmar ratioReturn relative to maximum drawdown | 0.73 | 5.12 | -4.38 |
Martin ratioReturn relative to average drawdown | 1.68 | 12.58 | -10.90 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SPLB | ALB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.34 | 2.37 | -2.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.14 | 0.09 | -0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.19 | 0.25 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.31 | +0.13 |
Correlation
The correlation between SPLB and ALB is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
SPLB vs. ALB - Dividend Comparison
SPLB's dividend yield for the trailing twelve months is around 5.39%, more than ALB's 0.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPLB SPDR Portfolio Long Term Corporate Bond ETF | 5.39% | 5.25% | 5.20% | 4.60% | 4.53% | 3.00% | 3.01% | 3.79% | 4.50% | 4.06% | 4.34% | 4.70% |
ALB Albemarle Corporation | 0.91% | 1.15% | 1.87% | 1.11% | 0.73% | 0.67% | 1.04% | 2.01% | 1.74% | 1.00% | 1.42% | 2.07% |
Drawdowns
SPLB vs. ALB - Drawdown Comparison
The maximum SPLB drawdown since its inception was -34.46%, smaller than the maximum ALB drawdown of -83.90%. Use the drawdown chart below to compare losses from any high point for SPLB and ALB.
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Drawdown Indicators
| SPLB | ALB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.46% | -83.90% | +49.44% |
Max Drawdown (1Y)Largest decline over 1 year | -5.43% | -29.74% | +24.31% |
Max Drawdown (5Y)Largest decline over 5 years | -34.46% | -83.90% | +49.44% |
Max Drawdown (10Y)Largest decline over 10 years | -34.46% | -83.90% | +49.44% |
Current DrawdownCurrent decline from peak | -15.77% | -42.41% | +26.64% |
Average DrawdownAverage peak-to-trough decline | -7.94% | -20.56% | +12.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.37% | 12.10% | -9.73% |
Volatility
SPLB vs. ALB - Volatility Comparison
The current volatility for SPDR Portfolio Long Term Corporate Bond ETF (SPLB) is 4.03%, while Albemarle Corporation (ALB) has a volatility of 14.09%. This indicates that SPLB experiences smaller price fluctuations and is considered to be less risky than ALB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPLB | ALB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.03% | 14.09% | -10.06% |
Volatility (6M)Calculated over the trailing 6-month period | 5.67% | 43.00% | -37.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.14% | 64.79% | -54.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.73% | 53.85% | -41.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.95% | 47.64% | -34.69% |