SPDR Barclays Intermediate Term Corporate Bond (SPIB) Performance
SPIB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −0.4% since Dec 31, 2025
- 1 year
- +0.1% total return
- 5 years
- +1.7% a year
- 10 years
- +2.6% a year
- Since first price
- +3.7% a year since 2009
SPIB trailing returns vs AGG, TLT, SPY
| Period | SPIB total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.6% | +0.2% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.4% | −1.5% | −0.4% | −1.0% | +3.2% |
| 6 months | −1.0% | −3.2% | −1.5% | −3.8% | +7.8% |
| YTD | −0.4% | −3.8% | −1.0% | −3.4% | +12.3% |
| 1 year | +0.1% | −4.3% | −1.1% | −6.9% | +14.4% |
| 3 years | +19.5%+6.1%/yr | +4.6% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +8.8%+1.7%/yr | −10.2% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| 10 years | +28.9%+2.6%/yr | −6.5% | +14.0%+1.3%/yr | −18.7%−2.0%/yr | +315.9%+15.3%/yr |
| 15 years | +56.6%+3.0%/yr | −2.0% | +32.2%+1.9%/yr | +9.9%+0.6%/yr | +696.0%+14.8%/yr |
| Since inceptionFeb 11, 2009 | +89.1%+3.7%/yr | +6.0% | — | — | — |
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: SPIB vs AGG
From Feb 11, 2009: SPIB grew to $18,907, AGG to $15,692.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SPIB returns by calendar year
12 of 16 full years positive. Best 2019 (+10.2%), worst 2022 (−9.7%). 2026 is year to date.
SPIB annual returns table
| Year | SPIB | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −0.4% | −2.8% | −1.0% | −3.4% | +12.3% |
| 2025 | +7.9% | −2.0% | +7.2% | +4.3% | +17.7% |
| 2024 | +4.3% | −2.0% | +1.3% | −8.1% | +24.9% |
| 2023 | +7.3% | −3.5% | +5.7% | +2.8% | +26.2% |
| 2022 | −9.7% | −13.2% | −13.0% | −31.2% | −18.2% |
| 2021 | −1.2% | −2.4% | −1.8% | −4.6% | +28.7% |
| 2020 | +7.7% | −14.9% | +7.5% | +18.2% | +18.3% |
| 2019 | +10.2% | −1.6% | +8.5% | +14.1% | +31.2% |
| 2018 | −0.5% | −2.4% | +0.1% | −1.6% | −4.6% |
| 2017 | +3.8% | −1.3% | +3.6% | +9.2% | +21.7% |
| 2016 | +4.2% | −3.0% | +2.4% | +1.2% | +12.0% |
| 2015 | +0.4% | −2.1% | +0.5% | −1.8% | +1.2% |
| 2014 | +4.4% | −1.1% | +6.0% | +27.3% | +13.5% |
| 2013 | −0.6% | −4.6% | −2.0% | −13.4% | +32.3% |
| 2012 | +8.4% | −1.1% | +3.8% | +2.6% | +16.0% |
| 2011 | +5.8% | −2.9% | +7.7% | +34.0% | +1.9% |
| 2010 | +7.2% | −3.8% | +6.4% | +9.0% | +15.1% |
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.
SPIB largest drawdowns
Now 1.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 4, 2020 | −14.9% | Mar 19, 2020 | Jun 2, 2020 | 15 days | 3 months |
| Aug 3, 2021 | −14.8% | Oct 20, 2022 | Sep 4, 2024 | 1.2 years | 3.1 years |
| Feb 13, 2009 | −8.0% | Mar 9, 2009 | Jun 26, 2009 | 24 days | 4 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
SPIB risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2009 |
|---|---|---|---|---|
| Annualized return | +5.4% | +1.3% | +2.4% | +3.9% |
| Volatility (annualized) | 4.1% | 5.2% | 4.7% | 4.2% |
| Sharpe ratio | 0.26 | -0.42 | 0.05 | 0.62 |
| Sortino ratio | 0.39 | -0.55 | 0.07 | 0.94 |
| Best month | +3.8% | +3.8% | +4.3% | +4.3% |
| Worst month | −2.0% | −3.3% | −5.3% | −5.3% |
| Best 12 months | +12.0% | +12.0% | +12.0% | +14.8% |
| Worst 12 months | −0.4% | −12.5% | −12.5% | −12.5% |
| Positive months | 78% | 60% | 62% | 66% |
| Beta vs S&P 500 | 0.17 | 0.22 | 0.18 | — |
| Correlation with S&P 500 | 0.53 | 0.65 | 0.59 | — |
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.
SPIB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 201 | −12.5% | +4.3% | +14.8% | 83% |
| 3-year (a year) | 177 | −3.0% | +3.5% | +9.4% | 86% |
| 5-year (a year) | 153 | +0.4% | +2.9% | +6.9% | 100% |
| 10-year (a year) | 93 | +1.5% | +2.9% | +4.8% | 100% |
Every holding period starting at a month-end since 2009. Returns for 3 years and longer are annualized.
SPIB performance overview
SPDR Barclays Intermediate Term Corporate Bond (SPIB) returned +0.1% over the past year and +2.6% a year over ten years, with distributions reinvested. Since its first recorded price in 2009 it has returned +3.7% a year, turning $10,000 into about $18,907. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −14.9%, from Mar 4, 2020 to Mar 19, 2020, and it took 2 months to get back to the old high. SPIB finished 12 of its 16 full calendar years with a gain; the best year was 2019 (+10.2%) and the worst 2022 (−9.7%). Volatility has been 4.2% a year.
Related: SPIB chart, SPIB dividends, SPIB bond profile. See the SPIB overview for the latest quote and fund facts.
SPIB performance FAQ
What is the SPIB return over the past year?
SPIB returned +0.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 4.3%.
What is the average annual return of SPIB?
SPIB has returned +1.7% a year over 5 years, +2.6% a year over 10 years, +3.7% a year since February 11, 2009 (total return, distributions reinvested).
How much would $10,000 invested in SPIB be worth?
$10,000 invested in SPIB at its first recorded close on February 11, 2009 would be worth about $18,907 on October 23, 2026 with distributions reinvested.
What was the worst year for SPIB?
The worst calendar year was 2022, with a total return of −9.7%. The best was 2019 at +10.2%.
What is the biggest drawdown of SPIB?
The largest peak-to-trough decline was −14.9% between March 4, 2020 and March 19, 2020. It recovered to the old high on June 2, 2020, 2 months after the bottom.
How volatile is SPIB?
Over the past 3 years SPIB had an annualized volatility of 4.1% and a Sharpe ratio of 0.26 (excess return over 1–3 month T-bills per unit of risk).