SPDR SSgA Income Allocation ETF (INKM) Performance
INKM total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +5.6% since Dec 31, 2025
- 1 year
- +6.3% total return
- 5 years
- +3.7% a year
- 10 years
- +5.3% a year
- Since first price
- +5.0% a year since 2012
INKM trailing returns vs AGG, TLT, SPY
| Period | INKM total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.7% | −0.3% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.7% | −1.7% | −0.4% | −1.0% | +3.2% |
| 6 months | +0.8% | −1.6% | −1.5% | −3.8% | +7.8% |
| YTD | +5.6% | +2.4% | −1.0% | −3.4% | +12.3% |
| 1 year | +6.3% | +1.4% | −1.1% | −6.9% | +14.4% |
| 3 years | +39.6%+11.8%/yr | +21.0% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +20.1%+3.7%/yr | −5.3% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| 10 years | +67.6%+5.3%/yr | +8.4% | +14.0%+1.3%/yr | −18.7%−2.0%/yr | +315.9%+15.3%/yr |
| Since inceptionApr 26, 2012 | +103.8%+5.0%/yr | +12.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: INKM vs AGG
From Apr 26, 2012: INKM grew to $20,380, AGG to $12,874.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
INKM returns by calendar year
10 of 13 full years positive. Best 2019 (+17.1%), worst 2022 (−12.6%). 2026 is year to date.
INKM annual returns table
| Year | INKM | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +5.6% | −4.6% | −1.0% | −3.4% | +12.3% |
| 2025 | +11.0% | −5.8% | +7.2% | +4.3% | +17.7% |
| 2024 | +5.7% | −3.9% | +1.3% | −8.1% | +24.9% |
| 2023 | +10.3% | −9.5% | +5.7% | +2.8% | +26.2% |
| 2022 | −12.6% | −18.8% | −13.0% | −31.2% | −18.2% |
| 2021 | +8.5% | −3.3% | −1.8% | −4.6% | +28.7% |
| 2020 | +3.1% | −28.6% | +7.5% | +18.2% | +18.3% |
| 2019 | +17.1% | −1.7% | +8.5% | +14.1% | +31.2% |
| 2018 | −5.3% | −9.3% | +0.1% | −1.6% | −4.6% |
| 2017 | +14.0% | −1.9% | +3.6% | +9.2% | +21.7% |
| 2016 | +6.5% | −5.6% | +2.4% | +1.2% | +12.0% |
| 2015 | −4.8% | −9.6% | +0.5% | −1.8% | +1.2% |
| 2014 | +8.8% | −5.1% | +6.0% | +27.3% | +13.5% |
| 2013 | +3.0% | −10.0% | −2.0% | −13.4% | +32.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
INKM largest drawdowns
Now 2.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 20, 2020 | −28.6% | Mar 23, 2020 | Dec 15, 2020 | 32 days | 10 months |
| Nov 9, 2021 | −19.2% | Oct 14, 2022 | Jul 31, 2024 | 11 months | 2.7 years |
| Apr 15, 2015 | −12.3% | Feb 11, 2016 | Jul 8, 2016 | 10 months | 1.2 years |
| May 8, 2013 | −10.0% | Jun 24, 2013 | Mar 31, 2014 | 47 days | 11 months |
| Jan 26, 2018 | −9.3% | Dec 24, 2018 | Apr 4, 2019 | 11 months | 1.2 years |
| Nov 29, 2024 | −6.2% | Apr 8, 2025 | May 16, 2025 | 4 months | 6 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
INKM risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2012 |
|---|---|---|---|---|
| Annualized return | +9.8% | +3.6% | +4.9% | +4.9% |
| Volatility (annualized) | 8.0% | 9.8% | 10.1% | 9.3% |
| Sharpe ratio | 0.67 | 0.04 | 0.30 | 0.39 |
| Sortino ratio | 1.08 | 0.06 | 0.40 | 0.54 |
| Best month | +6.6% | +6.6% | +8.1% | +8.1% |
| Worst month | −3.8% | −7.7% | −15.9% | −15.9% |
| Best 12 months | +20.2% | +20.2% | +31.1% | +31.1% |
| Worst 12 months | +4.5% | −16.1% | −16.1% | −16.1% |
| Positive months | 72% | 63% | 69% | 67% |
| Beta vs S&P 500 | 0.42 | 0.51 | 0.54 | — |
| Correlation with S&P 500 | 0.66 | 0.81 | 0.83 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
INKM rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 163 | −16.1% | +6.1% | +31.1% | 77% |
| 3-year (a year) | 139 | −1.8% | +4.2% | +11.7% | 95% |
| 5-year (a year) | 115 | +0.4% | +4.3% | +7.6% | 100% |
| 10-year (a year) | 55 | +2.9% | +4.1% | +6.2% | 100% |
Every holding period starting at a month-end since 2012. Returns for 3 years and longer are annualized.
INKM performance overview
SPDR SSgA Income Allocation ETF (INKM) returned +6.3% over the past year and +5.3% a year over ten years, with distributions reinvested. Since its first recorded price in 2012 it has returned +5.0% a year, turning $10,000 into about $20,380. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −28.6%, from Feb 20, 2020 to Mar 23, 2020, and it took 9 months to get back to the old high. INKM finished 10 of its 13 full calendar years with a gain; the best year was 2019 (+17.1%) and the worst 2022 (−12.6%). Volatility has been 9.3% a year.
Related: INKM chart, INKM holdings, INKM dividends, INKM bond profile. See the INKM overview for the latest quote and fund facts.
INKM performance FAQ
What is the INKM return over the past year?
INKM returned +6.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 1.4%.
What is the average annual return of INKM?
INKM has returned +3.7% a year over 5 years, +5.3% a year over 10 years, +5.0% a year since April 26, 2012 (total return, distributions reinvested).
How much would $10,000 invested in INKM be worth?
$10,000 invested in INKM at its first recorded close on April 26, 2012 would be worth about $20,380 on October 23, 2026 with distributions reinvested.
What was the worst year for INKM?
The worst calendar year was 2022, with a total return of −12.6%. The best was 2019 at +17.1%.
What is the biggest drawdown of INKM?
The largest peak-to-trough decline was −28.6% between February 20, 2020 and March 23, 2020. It recovered to the old high on December 15, 2020, 9 months after the bottom.
How volatile is INKM?
Over the past 3 years INKM had an annualized volatility of 8.0% and a Sharpe ratio of 0.67 (excess return over 1–3 month T-bills per unit of risk).