SPDR Blackstone Senior Loan ETF (SRLN) Performance
SRLN total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +1.7% since Dec 31, 2025
- 1 year
- +3.5% total return
- 5 years
- +4.6% a year
- 10 years
- +4.4% a year
- Since first price
- +3.8% a year since 2013
SRLN trailing returns vs SPY, QQQ, AGG
| Period | SRLN total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.4% | −2.0% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.6% | −1.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +2.1% | −1.5% | +7.8% | +8.4% | −1.5% |
| YTD | +1.7% | −3.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +3.5% | −3.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +21.7%+6.8%/yr | −4.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +25.2%+4.6%/yr | −13.3% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +53.7%+4.4%/yr | −15.9% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionApr 4, 2013 | +64.9%+3.8%/yr | −20.5% | — | — | — |
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: SRLN vs SPY
From Apr 4, 2013: SRLN grew to $16,493, SPY to $61,279.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SRLN returns by calendar year
9 of 12 full years positive. Best 2023 (+11.6%), worst 2022 (−5.3%). 2026 is year to date.
SRLN annual returns table
| Year | SRLN | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +1.7% | −3.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +6.8% | −4.3% | +17.7% | +20.8% | +7.2% |
| 2024 | +8.4% | −1.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +11.6% | −2.8% | +26.2% | +54.9% | +5.7% |
| 2022 | −5.3% | −7.9% | −18.2% | −32.6% | −13.0% |
| 2021 | +4.5% | −1.3% | +28.7% | +27.4% | −1.8% |
| 2020 | +3.1% | −22.3% | +18.3% | +48.6% | +7.5% |
| 2019 | +10.0% | −1.2% | +31.2% | +39.0% | +8.5% |
| 2018 | −0.7% | −4.6% | −4.6% | −0.1% | +0.1% |
| 2017 | +3.4% | −0.4% | +21.7% | +32.7% | +3.6% |
| 2016 | +7.1% | −1.6% | +12.0% | +7.1% | +2.4% |
| 2015 | −1.3% | −4.6% | +1.2% | +9.4% | +0.5% |
| 2014 | +1.0% | −2.7% | +13.5% | +19.2% | +6.0% |
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.
SRLN largest drawdowns
Now 1.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2020 | −22.3% | Mar 23, 2020 | Nov 9, 2020 | 33 days | 9 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SRLN risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2013 |
|---|---|---|---|---|
| Annualized return | +7.0% | +4.8% | +4.5% | +3.9% |
| Volatility (annualized) | 2.8% | 4.3% | 5.7% | 5.1% |
| Sharpe ratio | 0.90 | 0.29 | 0.41 | 0.44 |
| Sortino ratio | 1.42 | 0.39 | 0.51 | 0.56 |
| Best month | +2.1% | +2.9% | +4.9% | +4.9% |
| Worst month | −2.0% | −4.1% | −11.6% | −11.6% |
| Best 12 months | +10.1% | +12.0% | +20.1% | +20.1% |
| Worst 12 months | +3.2% | −6.9% | −8.4% | −8.4% |
| Positive months | 81% | 70% | 70% | 66% |
| Beta vs S&P 500 | 0.13 | 0.18 | 0.26 | — |
| Correlation with S&P 500 | 0.57 | 0.66 | 0.69 | — |
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.
SRLN rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 151 | −8.4% | +3.8% | +20.1% | 83% |
| 3-year (a year) | 127 | −1.0% | +3.7% | +9.1% | 99% |
| 5-year (a year) | 103 | +0.4% | +3.7% | +7.3% | 100% |
| 10-year (a year) | 43 | +2.6% | +3.9% | +4.8% | 100% |
Every holding period starting at a month-end since 2013. Returns for 3 years and longer are annualized.
SRLN performance overview
SPDR Blackstone Senior Loan ETF (SRLN) returned +3.5% over the past year and +4.4% a year over ten years, with distributions reinvested. Since its first recorded price in 2013 it has returned +3.8% a year, turning $10,000 into about $16,493. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −22.3%, from Feb 19, 2020 to Mar 23, 2020, and it took 8 months to get back to the old high. SRLN finished 9 of its 12 full calendar years with a gain; the best year was 2023 (+11.6%) and the worst 2022 (−5.3%). Volatility has been 5.1% a year.
Related: SRLN chart, SRLN dividends. See the SRLN overview for the latest quote and fund facts.
SRLN performance FAQ
What is the SRLN return over the past year?
SRLN returned +3.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 3.7%.
What is the average annual return of SRLN?
SRLN has returned +4.6% a year over 5 years, +4.4% a year over 10 years, +3.8% a year since April 4, 2013 (total return, distributions reinvested).
How much would $10,000 invested in SRLN be worth?
$10,000 invested in SRLN at its first recorded close on April 4, 2013 would be worth about $16,493 on October 23, 2026 with distributions reinvested.
What was the worst year for SRLN?
The worst calendar year was 2022, with a total return of −5.3%. The best was 2023 at +11.6%.
What is the biggest drawdown of SRLN?
The largest peak-to-trough decline was −22.3% between February 19, 2020 and March 23, 2020. It recovered to the old high on November 9, 2020, 8 months after the bottom.
How volatile is SRLN?
Over the past 3 years SRLN had an annualized volatility of 2.8% and a Sharpe ratio of 0.90 (excess return over 1–3 month T-bills per unit of risk).