VanEck Vectors Moody's Analytics BBB… (MBBB) Performance
MBBB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −2.2% since Dec 31, 2025
- 1 year
- −2.6% total return
- 5 years
- +0.5% a year
- Since first price
- +0.6% a year since 2020
MBBB trailing returns vs AGG, TLT, SPY
| Period | MBBB total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −0.1% | −0.5% | +0.9% | +1.5% | −1.0% |
| 3 months | −1.2% | −2.5% | −0.4% | −1.0% | +3.2% |
| 6 months | −2.7% | −5.2% | −1.5% | −3.8% | +7.8% |
| YTD | −2.2% | −5.9% | −1.0% | −3.4% | +12.3% |
| 1 year | −2.6% | −7.4% | −1.1% | −6.9% | +14.4% |
| 3 years | +20.4%+6.4%/yr | +3.7% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +2.3%+0.5%/yr | −18.0% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionDec 2, 2020 | +3.7%+0.6%/yr | −18.4% | — | — | — |
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: MBBB vs AGG
From Dec 2, 2020: MBBB grew to $10,369, AGG to $9,759.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
MBBB returns by calendar year
4 of 5 full years positive. Best 2023 (+9.8%), worst 2022 (−15.0%). 2026 is year to date.
MBBB annual returns table
| Year | MBBB | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −2.2% | −4.6% | −1.0% | −3.4% | +12.3% |
| 2025 | +7.6% | −2.9% | +7.2% | +4.3% | +17.7% |
| 2024 | +3.7% | −3.2% | +1.3% | −8.1% | +24.9% |
| 2023 | +9.8% | −6.5% | +5.7% | +2.8% | +26.2% |
| 2022 | −15.0% | −19.9% | −13.0% | −31.2% | −18.2% |
| 2021 | +0.3% | −3.3% | −1.8% | −4.6% | +28.7% |
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.
MBBB largest drawdowns
Now 3.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 22, 2021 | −21.7% | Oct 20, 2022 | Aug 1, 2025 | 1.1 years | 3.9 years |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
MBBB risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +5.4% | +0.1% | +0.2% |
| Volatility (annualized) | 6.2% | 7.9% | 7.4% |
| Sharpe ratio | 0.18 | -0.41 | -0.37 |
| Sortino ratio | 0.28 | -0.55 | -0.49 |
| Best month | +6.0% | +6.0% | +6.0% |
| Worst month | −2.9% | −5.3% | −5.3% |
| Best 12 months | +15.5% | +15.5% | +15.5% |
| Worst 12 months | −2.8% | −19.4% | −19.4% |
| Positive months | 64% | 55% | 54% |
| Beta vs S&P 500 | 0.29 | 0.35 | — |
| Correlation with S&P 500 | 0.58 | 0.70 | — |
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.
MBBB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 59 | −19.4% | +4.4% | +15.5% | 69% |
| 3-year (a year) | 35 | −2.4% | +4.4% | +8.7% | 63% |
| 5-year (a year) | 11 | +0.1% | +0.9% | +1.6% | 100% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
MBBB performance overview
VanEck Vectors Moody's Analytics BBB… (MBBB) returned −2.6% over the past year and +0.5% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +0.6% a year, turning $10,000 into about $10,369. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −21.7%, from Sep 22, 2021 to Oct 20, 2022, and it took 2.8 years to get back to the old high. MBBB finished 4 of its 5 full calendar years with a gain; the best year was 2023 (+9.8%) and the worst 2022 (−15.0%). Volatility has been 7.4% a year.
Related: MBBB chart, MBBB dividends, MBBB bond profile. See the MBBB overview for the latest quote and fund facts.
MBBB performance FAQ
What is the MBBB return over the past year?
MBBB returned −2.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 7.4%.
What is the average annual return of MBBB?
MBBB has returned +0.5% a year over 5 years, +0.6% a year since December 2, 2020 (total return, distributions reinvested).
How much would $10,000 invested in MBBB be worth?
$10,000 invested in MBBB at its first recorded close on December 2, 2020 would be worth about $10,369 on October 23, 2026 with distributions reinvested.
What was the worst year for MBBB?
The worst calendar year was 2022, with a total return of −15.0%. The best was 2023 at +9.8%.
What is the biggest drawdown of MBBB?
The largest peak-to-trough decline was −21.7% between September 22, 2021 and October 20, 2022. It recovered to the old high on August 1, 2025, 2.8 years after the bottom.
How volatile is MBBB?
Over the past 3 years MBBB had an annualized volatility of 6.2% and a Sharpe ratio of 0.18 (excess return over 1–3 month T-bills per unit of risk).