SPDR Loomis Sayles Opportunistic Bond ETF (OBND) Performance
OBND total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +0.0% since Dec 31, 2025
- 1 year
- +0.6% total return
- 5 years
- +2.0% a year
- Since first price
- +1.9% a year since 2021
OBND trailing returns vs SPY, QQQ, AGG
| Period | OBND total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.5% | −1.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.5% | −2.2% | +3.2% | +1.9% | −0.4% |
| 6 months | −1.0% | −4.3% | +7.8% | +8.4% | −1.5% |
| YTD | +0.0% | −4.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +0.6% | −5.6% | +14.4% | +15.9% | −1.1% |
| 3 years | +21.9%+6.8%/yr | +0.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +10.2%+2.0%/yr | −17.3% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionSep 28, 2021 | +9.9%+1.9%/yr | −17.5% | — | — | — |
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: OBND vs SPY
From Sep 28, 2021: OBND grew to $10,989, SPY to $18,734.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
OBND returns by calendar year
3 of 4 full years positive. Best 2023 (+9.5%), worst 2022 (−11.2%). 2026 is year to date.
OBND annual returns table
| Year | OBND | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +0.0% | −2.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +7.8% | −3.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +4.8% | −2.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +9.5% | −3.8% | +26.2% | +54.9% | +5.7% |
| 2022 | −11.2% | −15.1% | −18.2% | −32.6% | −13.0% |
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.
OBND largest drawdowns
Now 1.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 9, 2021 | −15.9% | Oct 20, 2022 | Aug 2, 2024 | 11 months | 2.7 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
OBND risk statistics
| Statistic | 3 years | 5 years |
|---|---|---|
| Annualized return | +6.3% | +1.8% |
| Volatility (annualized) | 4.6% | 6.3% |
| Sharpe ratio | 0.41 | -0.26 |
| Sortino ratio | 0.65 | -0.35 |
| Best month | +4.0% | +4.3% |
| Worst month | −2.0% | −4.5% |
| Best 12 months | +13.0% | +13.0% |
| Worst 12 months | +0.6% | −13.9% |
| Positive months | 67% | 53% |
| Beta vs S&P 500 | 0.25 | 0.31 |
| Correlation with S&P 500 | 0.67 | 0.77 |
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.
OBND rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 50 | −13.9% | +5.7% | +13.0% | 82% |
| 3-year (a year) | 26 | +0.6% | +6.2% | +8.3% | 100% |
| 5-year (a year) | 2 | +1.8% | +1.9% | +1.9% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
OBND performance overview
SPDR Loomis Sayles Opportunistic Bond ETF (OBND) returned +0.6% over the past year and +2.0% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +1.9% a year, turning $10,000 into about $10,989. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −15.9%, from Nov 9, 2021 to Oct 20, 2022, and it took 1.8 years to get back to the old high. OBND finished 3 of its 4 full calendar years with a gain; the best year was 2023 (+9.5%) and the worst 2022 (−11.2%). Volatility has been 6.3% a year.
Related: OBND chart, OBND dividends. See the OBND overview for the latest quote and fund facts.
OBND performance FAQ
What is the OBND return over the past year?
OBND returned +0.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 5.6%.
What is the average annual return of OBND?
OBND has returned +2.0% a year over 5 years, +1.9% a year since September 28, 2021 (total return, distributions reinvested).
How much would $10,000 invested in OBND be worth?
$10,000 invested in OBND at its first recorded close on September 28, 2021 would be worth about $10,989 on October 23, 2026 with distributions reinvested.
What was the worst year for OBND?
The worst calendar year was 2022, with a total return of −11.2%. The best was 2023 at +9.5%.
What is the biggest drawdown of OBND?
The largest peak-to-trough decline was −15.9% between November 9, 2021 and October 20, 2022. It recovered to the old high on August 2, 2024, 1.8 years after the bottom.
How volatile is OBND?
Over the past 3 years OBND had an annualized volatility of 4.6% and a Sharpe ratio of 0.41 (excess return over 1–3 month T-bills per unit of risk).