SPDR Portfolio Long Term Corporate Bond ETF (SPLB): Historical Returns

Data Source: from January 1974 to February 2024 (~50 years)
Consolidated Returns as of 29 February 2024
Live Update: Mar 01 2024
Category: Fixed Income
SPDR Portfolio Long Term Corporate Bond ETF (SPLB) ETF
ETF • LIVE PERFORMANCE (USD currency)
0.73%
1 Day
Mar 01 2024
0.73%
Current Month
March 2024

In the last 30 Years, the SPDR Portfolio Long Term Corporate Bond ETF (SPLB) ETF obtained a 5.79% compound annual return, with a 10.08% standard deviation.

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The ETF is related to the following investment themes:

  • Asset Class: Bond
  • Region: North America
  • Country: U.S.
  • Bond - Duration: Long-Term

The SPDR Portfolio Long Term Corporate Bond ETF (SPLB) ETF is part of the following Lazy Portfolios:

Portfolio Name Author SPLB Weight Currency
High Yield Bonds Income 25.00% USD

Investment Returns as of Feb 29, 2024

The SPDR Portfolio Long Term Corporate Bond ETF (SPLB) ETF guaranteed the following returns.

Returns are calculated in USD, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
SPDR PORTFOLIO LONG TERM CORPORATE BOND ETF (SPLB) ETF
Consolidated returns as of 29 February 2024
Live Update: Mar 01 2024
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Feb 29, 2024
  1 Day Time ET(*) Mar 2024 1M 6M 1Y 5Y 10Y 30Y MAX
(~50Y)
SPDR Portfolio Long Term Corporate Bond ETF (SPLB) ETF 0.73 0.73 -2.70 4.11 6.04 1.22 2.84 5.79 7.41
US Inflation Adjusted return -2.70 2.93 3.24 -2.77 0.07 3.19 3.42
Returns over 1 year are annualized | Available data source: since Jan 1974
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Jan 2024. Pending updates, the monthly inflation is set at 0% for the subsequent periods. Current inflation (annualized) is 1Y: 2.71% , 5Y: 4.10% , 10Y: 2.77% , 30Y: 2.52%

In 2023, the SPDR Portfolio Long Term Corporate Bond ETF (SPLB) ETF granted a 4.98% dividend yield. If you are interested in getting periodic income, please refer to the SPDR Portfolio Long Term Corporate Bond ETF (SPLB) ETF: Dividend Yield page.

Capital Growth as of Feb 29, 2024

An investment of 1$, since March 1994, now would be worth 5.42$, with a total return of 441.79% (5.79% annualized).

The Inflation Adjusted Capital now would be 2.57$, with a net total return of 156.65% (3.19% annualized).
An investment of 1$, since January 1974, now would be worth 36.07$, with a total return of 3507.06% (7.41% annualized).

The Inflation Adjusted Capital now would be 5.39$, with a net total return of 439.28% (3.42% annualized).

Investment Metrics as of Feb 29, 2024

Metrics of SPDR Portfolio Long Term Corporate Bond ETF (SPLB) ETF, updated as of 29 February 2024.

Metrics are calculated based on monthly returns, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
SPDR PORTFOLIO LONG TERM CORPORATE BOND ETF (SPLB) ETF
Advanced Metrics
Data Source: 1 January 1974 - 29 February 2024 (~50 years)
Swipe left to see all data
Metrics as of Feb 29, 2024
1M 3M 6M 1Y 3Y 5Y 10Y 20Y 30Y MAX
(~50Y)
Investment Return (%) -2.70 3.38 4.11 6.04 -5.90 1.22 2.84 4.68 5.79 7.41
Infl. Adjusted Return (%) details -2.70 2.82 2.93 3.24 -10.82 -2.77 0.07 2.06 3.19 3.42
US Inflation (%) 0.00 0.54 1.14 2.71 5.52 4.10 2.77 2.56 2.52 3.86
Pending updates, the monthly inflation after Jan 2024 is set at 0%. Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Deepest Drawdown Depth (%) -12.35 -31.67 -32.10 -32.10 -32.10 -32.10 -32.10
Start to Recovery (# months) details 8 31* 39* 39* 39* 39* 39*
Start (yyyy mm) 2023 05 2021 08 2020 12 2020 12 2020 12 2020 12 2020 12
Start to Bottom (# months) 6 15 23 23 23 23 23
Bottom (yyyy mm) 2023 10 2022 10 2022 10 2022 10 2022 10 2022 10 2022 10
Bottom to End (# months) 2 16 16 16 16 16 16
End (yyyy mm) 2023 12 - - - - - -
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
Start to Recovery (# months) details
Start (yyyy mm) 2023 05 2021 08 2020 12 2020 12 2020 12 2020 12 2020 12
Start to Bottom (# months) 6 15 23 23 23 23 23
Bottom (yyyy mm) 2023 10 2022 10 2022 10 2022 10 2022 10 2022 10 2022 10
Bottom to End (# months) 2 16 16 16 16 16 16
End (yyyy mm) 2023 12 - - - - - -
Longest negative period (# months) details 8 36* 57* 105 105 105 105
Period Start (yyyy mm) 2023 03 2021 03 2019 06 2015 02 2015 02 2015 02 2015 02
Period End (yyyy mm) 2023 10 2024 02 2024 02 2023 10 2023 10 2023 10 2023 10
Annualized Return (%) -11.18 -5.90 -0.22 -0.17 -0.17 -0.17 -0.17
Drawdowns / Negative periods marked with * are in progress
Deepest Drawdown Depth (%) -13.64 -39.37 -42.32 -42.32 -42.32 -42.32 -42.32
Start to Recovery (# months) details 8 31* 43* 43* 43* 43* 43*
Start (yyyy mm) 2023 05 2021 08 2020 08 2020 08 2020 08 2020 08 2020 08
Start to Bottom (# months) 6 27 39 39 39 39 39
Bottom (yyyy mm) 2023 10 2023 10 2023 10 2023 10 2023 10 2023 10 2023 10
Bottom to End (# months) 2 4 4 4 4 4 4
End (yyyy mm) 2023 12 - - - - - -
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest
-22.27 -22.27 -32.99
Start to Recovery (# months) details 49 49 130
Start (yyyy mm) 2023 05 2021 08 2020 08 2020 08 2005 07 2005 07 1974 01
Start to Bottom (# months) 6 27 39 39 40 40 93
Bottom (yyyy mm) 2023 10 2023 10 2023 10 2023 10 2008 10 2008 10 1981 09
Bottom to End (# months) 2 4 4 4 9 9 37
End (yyyy mm) 2023 12 - - - 2009 07 2009 07 1984 10
Longest negative period (# months) details 11* 36* 60* 119* 158 158 158
Period Start (yyyy mm) 2023 04 2021 03 2019 03 2014 04 2010 09 2010 09 2010 09
Period End (yyyy mm) 2024 02 2024 02 2024 02 2024 02 2023 10 2023 10 2023 10
Annualized Return (%) -1.40 -10.82 -2.77 -0.01 -0.07 -0.07 -0.07
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y 20Y 30Y MAX
Standard Deviation (%) 16.06 16.21 15.23 12.15 11.16 10.08 9.13
Sharpe Ratio 0.05 -0.51 -0.04 0.14 0.30 0.35 0.37
Sortino Ratio 0.09 -0.78 -0.06 0.19 0.42 0.49 0.53
Ulcer Index 4.55 19.27 15.52 11.69 8.79 7.46 6.11
Ratio: Return / Standard Deviation 0.38 -0.36 0.08 0.23 0.42 0.57 0.81
Ratio: Return / Deepest Drawdown 0.49 -0.19 0.04 0.09 0.15 0.18 0.23
% Positive Months details 41% 41% 51% 55% 57% 60% 63%
Positive Months 5 15 31 67 139 218 382
Negative Months 7 21 29 53 101 142 220
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Best 10 Years Return (%) - Annualized 2.84 8.49 9.17 14.02
Worst 10 Years Return (%) - Annualized 1.16 1.16 1.16
Best 10 Years Return (%) - Annualized 0.07 6.85 6.85 9.70
Worst 10 Years Return (%) - Annualized -1.36 -1.36 -1.36
ROLLING PERIODS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Over the latest 30Y
Best Rolling Return (%) - Annualized 38.45 20.54 12.85 9.17 8.28 5.79
Worst Rolling Return (%) - Annualized -30.98 -10.22 -1.96 1.16 4.23
% Positive Periods 78% 92% 98% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 78.54 24.88 19.18 10.88 6.62 6.04
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 1.95 3.69
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 38.76 18.79 11.20 6.85 5.90 3.19
Worst Rolling Return (%) - Annualized -35.95 -15.08 -5.59 -1.36 1.62
% Positive Periods 67% 88% 90% 96% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 78.54 24.88 19.18 10.88 6.62 6.04
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 1.95 3.69
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Over all the available data source (Jan 1974 - Feb 2024)
Best Rolling Return (%) - Annualized 38.45 20.54 18.42 14.02 11.39 10.11
Worst Rolling Return (%) - Annualized -30.98 -10.22 -1.96 1.16 4.23 5.23
% Positive Periods 82% 95% 98% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 78.54 24.88 16.43 8.66 5.34 4.43
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 1.95 3.15
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 38.76 18.79 14.53 9.70 7.87 6.90
Worst Rolling Return (%) - Annualized -35.95 -15.08 -6.78 -1.36 1.62 2.64
% Positive Periods 66% 85% 85% 96% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 78.54 24.88 16.43 8.66 5.34 4.43
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 1.95 3.15
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
  • Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
  • Longest negative period: it's the maximum period for which an overall negative return has been observed.
  • Standard Deviation: it's a measure of the dispersion of returns around the mean.
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
  • Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
  • Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.
  • Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
    For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.
  • Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.

Correlations as of Feb 29, 2024

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1. If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.
Asset correlations are calculated based on monthly returns.

Monthly correlations of SPDR Portfolio Long Term Corporate Bond ETF (SPLB) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).

SPDR PORTFOLIO LONG TERM CORPORATE BOND ETF (SPLB) ETF
Monthly correlations as of 29 February 2024
Swipe left to see all data
Correlation vs SPLB
Asset Class 1 Year 5 Years 10 Years 30 Years Since
Jan 1992
VTI
US Total Stock Market
0.79
0.66
0.56
0.31
0.31
SPY
US Large Cap
0.80
0.66
0.56
0.31
0.31
IJR
US Small Cap
0.65
0.55
0.44
0.24
0.24
VNQ
US REITs
0.83
0.73
0.70
0.45
0.45
QQQ
US Technology
0.72
0.68
0.55
0.21
0.20
PFF
Preferred Stocks
0.66
0.77
0.73
0.47
0.48
EFA
EAFE Stocks
0.85
0.69
0.60
0.33
0.33
VT
World All Countries
0.82
0.70
0.60
0.33
0.33
EEM
Emerging Markets
0.68
0.65
0.58
0.27
0.27
VGK
Europe
0.86
0.67
0.59
0.33
0.34
VPL
Pacific
0.81
0.66
0.57
0.29
0.28
FLLA
Latin America
0.77
0.50
0.45
0.24
0.24
BND
US Total Bond Market
0.98
0.95
0.93
0.90
0.90
TLT
Long Term Treasuries
0.98
0.76
0.76
0.75
0.76
BIL
US Cash
0.22
0.05
0.03
0.01
0.01
TIP
TIPS
0.92
0.81
0.79
0.74
0.75
LQD
Invest. Grade Bonds
1.00
0.99
0.99
0.93
0.93
HYG
High Yield Bonds
0.97
0.78
0.71
0.56
0.56
CWB
US Convertible Bonds
0.75
0.63
0.56
0.36
0.36
BNDX
International Bonds
0.92
0.88
0.84
0.65
0.65
EMB
Emerg. Market Bonds
0.92
0.85
0.83
0.58
0.58
GLD
Gold
0.33
0.43
0.41
0.26
0.25
DBC
Commodities
-0.13
0.08
0.06
0.11
0.12

If you want to learn more about historical correlations, you can find out here how the main asset class are correlated to each other.

Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

SPDR PORTFOLIO LONG TERM CORPORATE BOND ETF (SPLB) ETF
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1974 - 29 February 2024 (~50 years)
Inflation Adjusted:
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-32.10% Dec 2020 Oct 2022 23 in progress 16 39 19.05
-16.82% Dec 2007 Oct 2008 11 Dec 2008 2 13 5.95
-11.25% Feb 2015 Jun 2015 5 Jun 2016 12 17 7.57
-10.07% May 2013 Aug 2013 4 Apr 2014 8 12 6.87
-9.94% Mar 2020 Mar 2020 1 Jun 2020 3 4 4.76
-9.80% Jan 2018 Nov 2018 11 Apr 2019 5 16 5.65
-9.74% Jun 2003 Jul 2003 2 Feb 2004 7 9 4.85
-9.07% Sep 2016 Nov 2016 3 Jul 2017 8 11 4.67
-8.28% Jan 2009 Mar 2009 3 Jun 2009 3 6 5.36
-8.11% Sep 2005 May 2006 9 Oct 2006 5 14 4.92
-7.67% Feb 1999 Aug 1999 7 Nov 2000 15 22 5.44
-6.32% Sep 2010 Jan 2011 5 May 2011 4 9 3.69
-6.21% Feb 1996 May 1996 4 Oct 1996 5 9 4.40
-6.05% Mar 1994 Oct 1994 8 Feb 1995 4 12 4.19
-5.77% Apr 2004 May 2004 2 Aug 2004 3 5 4.01
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 109 3.3 Months 30.19%
 
DD = 0% 30.19%
 
0% < DD <= -5% 145 2.5 Months 40.17%
 
DD <= -5% 70.36%
 
-5% < DD <= -10% 75 4.8 Months 20.78%
 
DD <= -10% 91.14%
 
-10% < DD <= -15% 8 45.1 Months 2.22%
 
DD <= -15% 93.35%
 
-15% < DD <= -20% 4 90.3 Months 1.11%
 
DD <= -20% 94.46%
 
-20% < DD <= -25% 13 27.8 Months 3.60%
 
DD <= -25% 98.06%
 
-25% < DD <= -30% 4 90.3 Months 1.11%
 
DD <= -30% 99.17%
 
-30% < DD <= -35% 3 120.3 Months 0.83%
 
DD <= -35% 100.00%
 
-35% < DD <= -40% 0 - 0.00%
 
DD <= -40% 100.00%
 
-40% < DD <= -45% 0 - 0.00%
 
DD <= -45% 100.00%
 
-45% < DD <= -50% 0 - 0.00%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-42.32% Aug 2020 Oct 2023 39 in progress 4 43 25.94
-22.27% Jul 2005 Oct 2008 40 Jul 2009 9 49 7.88
-12.33% Feb 2015 Jun 2015 5 Jun 2016 12 17 8.52
-11.51% Jan 2018 Nov 2018 11 Jun 2019 7 18 6.55
-11.16% Feb 1999 May 2000 16 Feb 2001 9 25 7.30
-10.70% May 2013 Aug 2013 4 May 2014 9 13 7.27
-10.13% Jun 2003 Jul 2003 2 Dec 2004 17 19 4.94
-9.63% Sep 2016 Nov 2016 3 Dec 2017 13 16 4.64
-9.55% Mar 2020 Mar 2020 1 Jun 2020 3 4 4.38
-7.75% Mar 1994 Oct 1994 8 May 1995 7 15 4.92
-7.70% Sep 2010 Jan 2011 5 Sep 2011 8 13 4.42
-7.68% Jan 1996 May 1996 5 Nov 1996 6 11 5.29
-4.90% Dec 1996 Mar 1997 4 Jul 1997 4 8 2.55
-4.54% Nov 2001 Mar 2002 5 Aug 2002 5 10 2.18
-4.38% Nov 2012 Jan 2013 3 Apr 2013 3 6 2.54
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 69 5.2 Months 19.11%
 
DD = 0% 19.11%
 
0% < DD <= -5% 139 2.6 Months 38.50%
 
DD <= -5% 57.62%
 
-5% < DD <= -10% 102 3.5 Months 28.25%
 
DD <= -10% 85.87%
 
-10% < DD <= -15% 24 15.0 Months 6.65%
 
DD <= -15% 92.52%
 
-15% < DD <= -20% 2 180.5 Months 0.55%
 
DD <= -20% 93.07%
 
-20% < DD <= -25% 2 180.5 Months 0.55%
 
DD <= -25% 93.63%
 
-25% < DD <= -30% 3 120.3 Months 0.83%
 
DD <= -30% 94.46%
 
-30% < DD <= -35% 10 36.1 Months 2.77%
 
DD <= -35% 97.23%
 
-35% < DD <= -40% 8 45.1 Months 2.22%
 
DD <= -40% 99.45%
 
-40% < DD <= -45% 2 180.5 Months 0.55%
 
DD <= -45% 100.00%
 
-45% < DD <= -50% 0 - 0.00%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-32.10% Dec 2020 Oct 2022 23 in progress 16 39 19.05
-16.82% Dec 2007 Oct 2008 11 Dec 2008 2 13 5.95
-13.48% Sep 1979 Feb 1980 6 May 1980 3 9 7.42
-11.25% Feb 2015 Jun 2015 5 Jun 2016 12 17 7.57
-10.07% May 2013 Aug 2013 4 Apr 2014 8 12 6.87
-9.94% Mar 2020 Mar 2020 1 Jun 2020 3 4 4.76
-9.80% Jan 2018 Nov 2018 11 Apr 2019 5 16 5.65
-9.79% Mar 1987 Sep 1987 7 Jan 1988 4 11 5.15
-9.74% Jun 2003 Jul 2003 2 Feb 2004 7 9 4.85
-9.07% Sep 2016 Nov 2016 3 Jul 2017 8 11 4.67
-8.75% Feb 1994 Oct 1994 9 Apr 1995 6 15 6.08
-8.44% Jan 1974 Aug 1974 8 Jan 1975 5 13 4.42
-8.28% Jan 2009 Mar 2009 3 Jun 2009 3 6 5.36
-8.11% Sep 2005 May 2006 9 Oct 2006 5 14 4.92
-7.98% Jul 1980 Oct 1980 4 Nov 1981 13 17 5.88
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 226 2.7 Months 37.48%
 
DD = 0% 37.48%
 
0% < DD <= -5% 233 2.6 Months 38.64%
 
DD <= -5% 76.12%
 
-5% < DD <= -10% 110 5.5 Months 18.24%
 
DD <= -10% 94.36%
 
-10% < DD <= -15% 10 60.3 Months 1.66%
 
DD <= -15% 96.02%
 
-15% < DD <= -20% 4 150.8 Months 0.66%
 
DD <= -20% 96.68%
 
-20% < DD <= -25% 13 46.4 Months 2.16%
 
DD <= -25% 98.84%
 
-25% < DD <= -30% 4 150.8 Months 0.66%
 
DD <= -30% 99.50%
 
-30% < DD <= -35% 3 201.0 Months 0.50%
 
DD <= -35% 100.00%
 
-35% < DD <= -40% 0 - 0.00%
 
DD <= -40% 100.00%
 
-40% < DD <= -45% 0 - 0.00%
 
DD <= -45% 100.00%
 
-45% < DD <= -50% 0 - 0.00%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-42.32% Aug 2020 Oct 2023 39 in progress 4 43 25.94
-32.99% Jan 1974 Sep 1981 93 Oct 1984 37 130 15.01
-22.27% Jul 2005 Oct 2008 40 Jul 2009 9 49 7.88
-12.33% Feb 2015 Jun 2015 5 Jun 2016 12 17 8.52
-12.07% Mar 1987 Sep 1987 7 May 1989 20 27 4.99
-11.51% Jan 2018 Nov 2018 11 Jun 2019 7 18 6.55
-11.16% Feb 1999 May 2000 16 Feb 2001 9 25 7.30
-10.70% May 2013 Aug 2013 4 May 2014 9 13 7.27
-10.65% Feb 1994 Oct 1994 9 May 1995 7 16 7.35
-10.13% Jun 2003 Jul 2003 2 Dec 2004 17 19 4.94
-9.63% Sep 2016 Nov 2016 3 Dec 2017 13 16 4.64
-9.55% Mar 2020 Mar 2020 1 Jun 2020 3 4 4.38
-7.70% Sep 2010 Jan 2011 5 Sep 2011 8 13 4.42
-7.68% Jan 1996 May 1996 5 Nov 1996 6 11 5.29
-6.31% Dec 1989 Apr 1990 5 Jan 1991 9 14 3.31
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 123 4.9 Months 20.40%
 
DD = 0% 20.40%
 
0% < DD <= -5% 207 2.9 Months 34.33%
 
DD <= -5% 54.73%
 
-5% < DD <= -10% 151 4.0 Months 25.04%
 
DD <= -10% 79.77%
 
-10% < DD <= -15% 58 10.4 Months 9.62%
 
DD <= -15% 89.39%
 
-15% < DD <= -20% 9 67.0 Months 1.49%
 
DD <= -20% 90.88%
 
-20% < DD <= -25% 13 46.4 Months 2.16%
 
DD <= -25% 93.03%
 
-25% < DD <= -30% 18 33.5 Months 2.99%
 
DD <= -30% 96.02%
 
-30% < DD <= -35% 14 43.1 Months 2.32%
 
DD <= -35% 98.34%
 
-35% < DD <= -40% 8 75.4 Months 1.33%
 
DD <= -40% 99.67%
 
-40% < DD <= -45% 2 301.5 Months 0.33%
 
DD <= -45% 100.00%
 
-45% < DD <= -50% 0 - 0.00%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 

Rolling Returns

( more details)

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

SPDR PORTFOLIO LONG TERM CORPORATE BOND ETF (SPLB) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1974 - 29 February 2024 (~50 years)
Inflation Adjusted:
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -30.98 11/2021
10/2022
0.69$ -2.78 0.97$ 7.02 1.07$ 15.77 1.15$ 38.45 11/2008
10/2009
1.38$ 6.04 21.20%
2Y -16.78 11/2021
10/2023
0.69$ 1.25 1.02$ 6.96 1.14$ 12.05 1.25$ 23.95 11/2008
10/2010
1.53$ -6.79 11.28%
3Y -10.22 11/2020
10/2023
0.72$ 3.02 1.09$ 6.90 1.22$ 10.47 1.34$ 20.54 11/2008
10/2011
1.75$ -5.90 7.38%
5Y -1.96 11/2017
10/2022
0.90$ 4.58 1.25$ 6.70 1.38$ 9.10 1.54$ 12.85 11/2008
10/2013
1.83$ 1.22 1.99%
7Y -0.57 11/2016
10/2023
0.96$ 5.04 1.41$ 7.10 1.61$ 8.34 1.75$ 10.77 11/2008
10/2015
2.04$ 1.58 0.72%
10Y 1.16 11/2012
10/2022
1.12$ 5.56 1.71$ 7.24 2.01$ 7.97 2.15$ 9.17 11/1994
10/2004
2.40$ 2.84 0.00%
15Y 4.20 11/2007
10/2022
1.85$ 5.85 2.34$ 7.01 2.76$ 7.75 3.06$ 8.41 02/2000
01/2015
3.35$ 5.55 0.00%
20Y 4.23 11/2003
10/2023
2.29$ 5.17 2.74$ 7.03 3.88$ 7.73 4.43$ 8.28 02/1995
01/2015
4.90$ 4.68 0.00%
30Y 5.79 03/1994
02/2024
5.41$ 5.79 5.41$ 5.79 5.41$ 5.79 5.41$ 5.79 03/1994
02/2024
5.41$ 5.79 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -35.95 11/2021
10/2022
0.64$ -5.15 0.94$ 4.44 1.04$ 13.36 1.13$ 38.76 11/2008
10/2009
1.38$ 3.24 32.95%
2Y -21.10 11/2021
10/2023
0.62$ -1.35 0.97$ 4.91 1.10$ 9.75 1.20$ 23.37 11/2008
10/2010
1.52$ -10.65 20.18%
3Y -15.08 11/2020
10/2023
0.61$ 0.65 1.01$ 4.55 1.14$ 8.08 1.26$ 18.79 11/2008
10/2011
1.67$ -10.82 11.69%
5Y -5.59 11/2017
10/2022
0.74$ 2.23 1.11$ 4.37 1.23$ 6.84 1.39$ 11.20 11/2008
10/2013
1.70$ -2.77 9.97%
7Y -3.93 11/2016
10/2023
0.75$ 2.89 1.22$ 4.72 1.38$ 6.30 1.53$ 9.33 11/2008
10/2015
1.86$ -1.82 7.58%
10Y -1.36 11/2012
10/2022
0.87$ 2.77 1.31$ 4.93 1.61$ 5.77 1.75$ 6.85 11/2008
10/2018
1.93$ 0.07 3.73%
15Y 1.78 11/2007
10/2022
1.30$ 3.61 1.70$ 4.75 2.00$ 5.28 2.16$ 6.08 02/2000
01/2015
2.42$ 2.94 0.00%
20Y 1.62 11/2003
10/2023
1.37$ 2.59 1.66$ 4.78 2.54$ 5.43 2.88$ 5.90 02/1995
01/2015
3.14$ 2.06 0.00%
30Y 3.19 03/1994
02/2024
2.56$ 3.19 2.56$ 3.19 2.56$ 3.19 2.56$ 3.19 03/1994
02/2024
2.56$ 3.19 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -30.98 11/2021
10/2022
0.69$ -1.21 0.98$ 7.94 1.07$ 16.77 1.16$ 38.45 11/2008
10/2009
1.38$ 6.04 17.26%
2Y -16.78 11/2021
10/2023
0.69$ 2.35 1.04$ 8.19 1.17$ 13.64 1.29$ 23.95 11/2008
10/2010
1.53$ -6.79 7.77%
3Y -10.22 11/2020
10/2023
0.72$ 3.91 1.12$ 8.32 1.27$ 12.94 1.44$ 20.54 11/2008
10/2011
1.75$ -5.90 4.59%
5Y -1.96 11/2017
10/2022
0.90$ 4.95 1.27$ 8.22 1.48$ 11.62 1.73$ 18.42 10/1981
09/1986
2.32$ 1.22 1.10%
7Y -0.57 11/2016
10/2023
0.96$ 5.90 1.49$ 7.96 1.70$ 11.40 2.12$ 15.90 03/1980
02/1987
2.80$ 1.58 0.39%
10Y 1.16 11/2012
10/2022
1.12$ 6.54 1.88$ 8.17 2.19$ 10.95 2.82$ 14.02 10/1981
09/1991
3.71$ 2.84 0.00%
15Y 4.20 11/2007
10/2022
1.85$ 6.65 2.62$ 8.19 3.25$ 10.97 4.76$ 12.49 02/1981
01/1996
5.84$ 5.55 0.00%
20Y 4.23 11/2003
10/2023
2.29$ 6.92 3.81$ 8.30 4.92$ 10.34 7.16$ 11.39 11/1981
10/2001
8.65$ 4.68 0.00%
30Y 5.23 11/1993
10/2023
4.62$ 7.68 9.20$ 8.80 12.55$ 9.57 15.53$ 10.11 11/1981
10/2011
17.97$ 5.79 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -35.95 11/2021
10/2022
0.64$ -5.60 0.94$ 4.40 1.04$ 14.19 1.14$ 38.76 11/2008
10/2009
1.38$ 3.24 33.16%
2Y -21.10 11/2021
10/2023
0.62$ -1.90 0.96$ 4.95 1.10$ 10.47 1.22$ 23.37 11/2008
10/2010
1.52$ -10.65 20.73%
3Y -15.08 11/2020
10/2023
0.61$ -0.12 0.99$ 4.95 1.15$ 9.12 1.29$ 18.79 11/2008
10/2011
1.67$ -10.82 14.99%
5Y -6.78 10/1976
09/1981
0.70$ 0.05 1.00$ 5.04 1.27$ 7.93 1.46$ 14.53 10/1981
09/1986
1.97$ -2.77 14.73%
7Y -4.34 03/1974
02/1981
0.73$ 1.39 1.10$ 5.20 1.42$ 7.47 1.65$ 10.87 10/1981
09/1988
2.05$ -1.82 11.37%
10Y -1.36 11/2012
10/2022
0.87$ 3.15 1.36$ 5.34 1.68$ 7.06 1.97$ 9.70 10/1981
09/1991
2.52$ 0.07 3.11%
15Y 1.78 11/2007
10/2022
1.30$ 3.72 1.73$ 5.15 2.12$ 6.60 2.60$ 8.55 11/1981
10/1996
3.42$ 2.94 0.00%
20Y 1.62 11/2003
10/2023
1.37$ 4.27 2.30$ 5.21 2.76$ 6.54 3.55$ 7.87 11/1981
10/2001
4.54$ 2.06 0.00%
30Y 2.64 11/1993
10/2023
2.18$ 4.49 3.73$ 5.25 4.63$ 6.14 5.96$ 6.90 11/1981
10/2011
7.40$ 3.19 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the SPDR Portfolio Long Term Corporate Bond ETF (SPLB) ETF: Rolling Returns page.

Seasonality

In which months is it better to invest in SPDR Portfolio Long Term Corporate Bond ETF (SPLB) ETF?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.
For further information about the seasonality, check the Asset Class Seasonality page.
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.56
40%
-2.69
20%
-1.34
40%
0.07
80%
0.65
80%
1.67
80%
2.77
80%
-1.18
20%
-3.54
0%
-1.05
40%
5.65
100%
0.81
40%
Best 7.5
2023
1.6
2020
4.7
2023
7.4
2020
2.3
2019
4.1
2019
5.5
2020
6.0
2019
-0.4
2020
1.8
2021
11.0
2023
7.0
2023
Worst -5.0
2022
-5.7
2023
-9.9
2020
-10.0
2022
-2.9
2023
-4.5
2022
-0.2
2023
-5.6
2022
-8.3
2022
-4.1
2023
0.4
2021
-2.3
2022
Monthly Seasonality over the period Feb 1974 - Feb 2024
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
1.16
50%
-1.70
30%
-0.02
50%
0.21
70%
0.46
70%
0.96
70%
2.26
90%
-0.34
40%
-2.10
20%
-0.71
50%
2.19
70%
1.16
60%
Best 7.5
2023
2.0
2017
5.3
2016
7.4
2020
2.4
2017
4.6
2016
5.5
2020
6.0
2019
0.7
2015
1.8
2021
11.0
2023
7.0
2023
Worst -5.0
2022
-5.7
2023
-9.9
2020
-10.0
2022
-2.9
2023
-4.5
2022
-0.2
2023
-5.6
2022
-8.3
2022
-4.1
2023
-5.6
2016
-2.3
2022
Monthly Seasonality over the period Feb 1974 - Feb 2024
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.71
63%
0.01
60%
-0.24
48%
0.63
64%
0.77
60%
0.94
74%
1.11
68%
0.62
60%
0.11
58%
0.38
64%
1.37
74%
1.17
68%
Best 7.5
2023
4.5
1986
5.3
2016
11.2
1980
6.0
1995
5.0
2009
7.8
2009
6.0
2019
5.0
2003
4.5
2001
11.0
2023
13.1
2008
Worst -5.6
2009
-5.7
2023
-9.9
2020
-10.0
2022
-5.2
2013
-4.5
2022
-8.6
2003
-5.6
2022
-8.3
2022
-9.2
2008
-5.6
2016
-3.0
1981
Monthly Seasonality over the period Feb 1974 - Feb 2024

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the SPDR Portfolio Long Term Corporate Bond ETF (SPLB) ETF over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

SPDR PORTFOLIO LONG TERM CORPORATE BOND ETF (SPLB) ETF
Monthly Returns Distribution
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1974 - 29 February 2024 (~50 years)
218 Positive Months (61%) - 142 Negative Months (39%)
382 Positive Months (63%) - 220 Negative Months (37%)
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(Scroll down to see all data)
Investment Returns, up to March 2009, have been derived using the historical series of equivalent ETFs / Assets.
You can find additional information on extended Data Sources here.

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