SPDR Barclays Long Term Corporate Bond (SPLB) Performance
SPLB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −3.4% since Dec 31, 2025
- 1 year
- −5.8% total return
- 5 years
- −3.2% a year
- 10 years
- +1.3% a year
- Since first price
- +5.0% a year since 2009
SPLB trailing returns vs AGG, TLT, SPY
| Period | SPLB total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.3% | −0.2% | +0.9% | +1.5% | −1.0% |
| 3 months | −1.3% | −2.7% | −0.4% | −1.0% | +3.2% |
| 6 months | −4.0% | −6.6% | −1.5% | −3.8% | +7.8% |
| YTD | −3.4% | −7.3% | −1.0% | −3.4% | +12.3% |
| 1 year | −5.8% | −10.8% | −1.1% | −6.9% | +14.4% |
| 3 years | +20.0%+6.3%/yr | +2.5% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | −15.0%−3.2%/yr | −33.2% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| 10 years | +13.9%+1.3%/yr | −26.1% | +14.0%+1.3%/yr | −18.7%−2.0%/yr | +315.9%+15.3%/yr |
| 15 years | +56.3%+3.0%/yr | −19.3% | +32.2%+1.9%/yr | +9.9%+0.6%/yr | +696.0%+14.8%/yr |
| Since inceptionMar 11, 2009 | +134.4%+5.0%/yr | +2.0% | — | — | — |
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: SPLB vs AGG
From Mar 11, 2009: SPLB grew to $23,443, AGG to $15,809.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SPLB returns by calendar year
10 of 16 full years positive. Best 2019 (+23.5%), worst 2022 (−25.7%). 2026 is year to date.
SPLB annual returns table
| Year | SPLB | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −3.4% | −8.8% | −1.0% | −3.4% | +12.3% |
| 2025 | +7.1% | −6.5% | +7.2% | +4.3% | +17.7% |
| 2024 | −1.7% | −7.6% | +1.3% | −8.1% | +24.9% |
| 2023 | +11.2% | −15.1% | +5.7% | +2.8% | +26.2% |
| 2022 | −25.7% | −31.6% | −13.0% | −31.2% | −18.2% |
| 2021 | −2.0% | −9.7% | −1.8% | −4.6% | +28.7% |
| 2020 | +13.5% | −28.0% | +7.5% | +18.2% | +18.3% |
| 2019 | +23.5% | −5.1% | +8.5% | +14.1% | +31.2% |
| 2018 | −7.3% | −9.7% | +0.1% | −1.6% | −4.6% |
| 2017 | +12.3% | −3.6% | +3.6% | +9.2% | +21.7% |
| 2016 | +10.7% | −9.7% | +2.4% | +1.2% | +12.0% |
| 2015 | −5.0% | −12.3% | +0.5% | −1.8% | +1.2% |
| 2014 | +16.4% | −4.7% | +6.0% | +27.3% | +13.5% |
| 2013 | −5.4% | −14.0% | −2.0% | −13.4% | +32.3% |
| 2012 | +9.4% | −4.3% | +3.8% | +2.6% | +16.0% |
| 2011 | +16.8% | −5.0% | +7.7% | +34.0% | +1.9% |
| 2010 | +9.2% | −8.0% | +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.
SPLB largest drawdowns
Now 18.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 22, 2021 | −34.5% | Oct 24, 2022 | not yet | 1.1 years | 5.1 years so far |
| Mar 6, 2020 | −28.0% | Mar 19, 2020 | Jul 7, 2020 | 13 days | 4 months |
| May 2, 2013 | −14.0% | Aug 21, 2013 | May 1, 2014 | 4 months | 12 months |
| Jan 30, 2015 | −12.3% | Jun 26, 2015 | Jun 8, 2016 | 5 months | 1.4 years |
| Aug 6, 2020 | −10.7% | Mar 18, 2021 | Sep 22, 2021 | 7 months | 1.1 years |
| Dec 15, 2017 | −9.9% | Nov 15, 2018 | Apr 10, 2019 | 11 months | 1.3 years |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
SPLB risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2009 |
|---|---|---|---|---|
| Annualized return | +3.9% | −3.8% | +0.9% | +4.9% |
| Volatility (annualized) | 11.6% | 14.0% | 12.3% | 11.0% |
| Sharpe ratio | 0.01 | -0.47 | -0.05 | 0.37 |
| Sortino ratio | 0.02 | -0.62 | -0.07 | 0.56 |
| Best month | +11.0% | +11.0% | +11.0% | +11.0% |
| Worst month | −4.9% | −10.0% | −10.0% | −10.0% |
| Best 12 months | +19.7% | +19.7% | +26.5% | +26.5% |
| Worst 12 months | −7.0% | −31.0% | −31.0% | −31.0% |
| Positive months | 61% | 52% | 57% | 60% |
| Beta vs S&P 500 | 0.57 | 0.64 | 0.48 | — |
| Correlation with S&P 500 | 0.61 | 0.72 | 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.
SPLB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 200 | −31.0% | +5.5% | +26.5% | 74% |
| 3-year (a year) | 176 | −10.2% | +5.4% | +15.6% | 81% |
| 5-year (a year) | 152 | −3.8% | +5.0% | +11.5% | 76% |
| 10-year (a year) | 92 | +0.9% | +3.3% | +8.3% | 100% |
Every holding period starting at a month-end since 2009. Returns for 3 years and longer are annualized.
SPLB performance overview
SPDR Barclays Long Term Corporate Bond (SPLB) returned −5.8% over the past year and +1.3% a year over ten years, with distributions reinvested. Since its first recorded price in 2009 it has returned +5.0% a year, turning $10,000 into about $23,443. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −34.5%, from Sep 22, 2021 to Oct 24, 2022; the fund has not yet regained that high. SPLB finished 10 of its 16 full calendar years with a gain; the best year was 2019 (+23.5%) and the worst 2022 (−25.7%). Volatility has been 11.0% a year.
Related: SPLB chart, SPLB dividends, SPLB bond profile. See the SPLB overview for the latest quote and fund facts.
SPLB performance FAQ
What is the SPLB return over the past year?
SPLB returned −5.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 10.8%.
What is the average annual return of SPLB?
SPLB has returned −3.2% a year over 5 years, +1.3% a year over 10 years, +5.0% a year since March 11, 2009 (total return, distributions reinvested).
How much would $10,000 invested in SPLB be worth?
$10,000 invested in SPLB at its first recorded close on March 11, 2009 would be worth about $23,443 on October 23, 2026 with distributions reinvested.
What was the worst year for SPLB?
The worst calendar year was 2022, with a total return of −25.7%. The best was 2019 at +23.5%.
What is the biggest drawdown of SPLB?
The largest peak-to-trough decline was −34.5% between September 22, 2021 and October 24, 2022. It has not yet recovered to that high; it is 18.2% below its peak.
How volatile is SPLB?
Over the past 3 years SPLB had an annualized volatility of 11.6% and a Sharpe ratio of 0.01 (excess return over 1–3 month T-bills per unit of risk).