State Street US Equity Premium Income ETF (SPIN) Performance
SPIN total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +5.9% since Dec 31, 2025
- 1 year
- +8.5% total return
- Since first price
- +28.2% since 2024
SPIN trailing returns vs SPY, QQQ, AGG
| Period | SPIN total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.3% | −1.5% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.4% | +2.7% | +3.2% | +1.9% | −0.4% |
| 6 months | +5.6% | +3.3% | +7.8% | +8.4% | −1.5% |
| YTD | +5.9% | +1.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +8.5% | +3.2% | +14.4% | +15.9% | −1.1% |
| Since inceptionSep 5, 2024 | +28.2% | +10.1% | — | — | — |
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: SPIN vs SPY
From Sep 5, 2024: SPIN grew to $12,819, SPY to $14,190.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SPIN returns by calendar year
1 of 1 full years positive. Best 2025 (+14.1%), worst 2025 (+14.1%). 2026 is year to date.
SPIN annual returns table
| Year | SPIN | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +5.9% | −9.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +14.1% | −16.9% | +17.7% | +20.8% | +7.2% |
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.
SPIN largest drawdowns
Now 3.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2025 | −16.9% | Apr 8, 2025 | Jul 17, 2025 | 48 days | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SPIN risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +12.2% |
| Volatility (annualized) | 9.4% |
| Sharpe ratio | 0.86 |
| Sortino ratio | 1.40 |
| Best month | +6.1% |
| Worst month | −4.7% |
| Best 12 months | +21.0% |
| Worst 12 months | +11.6% |
| Positive months | 71% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
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.
SPIN rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 14 | +6.8% | +13.5% | +21.0% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
SPIN performance overview
State Street US Equity Premium Income ETF (SPIN) returned +8.5% over the past year, with distributions reinvested. Since its first recorded price on Sep 5, 2024 it has returned +28.2%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −16.9%, from Feb 19, 2025 to Apr 8, 2025, and it took 3 months to get back to the old high. Volatility has been 9.4% a year.
Related: SPIN chart, SPIN holdings, SPIN dividends, SPIN valuation. See the SPIN overview for the latest quote and fund facts.
SPIN performance FAQ
What is the SPIN return over the past year?
SPIN returned +8.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 3.2%.
How much would $10,000 invested in SPIN be worth?
$10,000 invested in SPIN at its first recorded close on September 5, 2024 would be worth about $12,819 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of SPIN?
The largest peak-to-trough decline was −16.9% between February 19, 2025 and April 8, 2025. It recovered to the old high on July 17, 2025, 3 months after the bottom.
How volatile is SPIN?
Over the past history SPIN had an annualized volatility of 9.4% and a Sharpe ratio of 0.86 (excess return over 1–3 month T-bills per unit of risk).