SPDR DoubleLine Total Return Tactical ETF (TOTL) Performance
TOTL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −2.1% since Dec 31, 2025
- 1 year
- −1.7% total return
- 5 years
- +0.3% a year
- 10 years
- +1.3% a year
- Since first price
- +1.5% a year since 2015
TOTL trailing returns vs AGG, TLT, SPY
| Period | TOTL total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.8% | +0.4% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.7% | −2.1% | −0.4% | −1.0% | +3.2% |
| 6 months | −2.4% | −4.9% | −1.5% | −3.8% | +7.8% |
| YTD | −2.1% | −5.8% | −1.0% | −3.4% | +12.3% |
| 1 year | −1.7% | −6.8% | −1.1% | −6.9% | +14.4% |
| 3 years | +17.6%+5.5%/yr | +0.5% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +1.6%+0.3%/yr | −20.6% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| 10 years | +13.4%+1.3%/yr | −24.1% | +14.0%+1.3%/yr | −18.7%−2.0%/yr | +315.9%+15.3%/yr |
| Since inceptionFeb 24, 2015 | +19.0%+1.5%/yr | −24.2% | — | — | — |
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: TOTL vs AGG
From Feb 24, 2015: TOTL grew to $11,898, AGG to $11,931.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TOTL returns by calendar year
8 of 10 full years positive. Best 2025 (+7.7%), worst 2022 (−11.6%). 2026 is year to date.
TOTL annual returns table
| Year | TOTL | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −2.1% | −5.4% | −1.0% | −3.4% | +12.3% |
| 2025 | +7.7% | −2.3% | +7.2% | +4.3% | +17.7% |
| 2024 | +3.2% | −4.1% | +1.3% | −8.1% | +24.9% |
| 2023 | +5.6% | −7.1% | +5.7% | +2.8% | +26.2% |
| 2022 | −11.6% | −15.1% | −13.0% | −31.2% | −18.2% |
| 2021 | −1.0% | −2.0% | −1.8% | −4.6% | +28.7% |
| 2020 | +3.6% | −7.3% | +7.5% | +18.2% | +18.3% |
| 2019 | +6.9% | −1.4% | +8.5% | +14.1% | +31.2% |
| 2018 | +0.8% | −1.9% | +0.1% | −1.6% | −4.6% |
| 2017 | +3.5% | −1.5% | +3.6% | +9.2% | +21.7% |
| 2016 | +2.8% | −3.3% | +2.4% | +1.2% | +12.0% |
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.
TOTL largest drawdowns
Now 3.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 2, 2021 | −16.5% | Nov 7, 2022 | Aug 29, 2025 | 1.2 years | 4.0 years |
| Mar 6, 2020 | −7.3% | Mar 18, 2020 | Jul 30, 2020 | 12 days | 5 months |
| Feb 27, 2026 | −5.4% | Sep 30, 2026 | not yet | 7 months | 8 months so far |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
TOTL risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2015 |
|---|---|---|---|---|
| Annualized return | +4.2% | −0.2% | +1.1% | +1.4% |
| Volatility (annualized) | 5.7% | 6.1% | 4.9% | 4.6% |
| Sharpe ratio | -0.01 | -0.61 | -0.23 | -0.11 |
| Sortino ratio | -0.01 | -0.76 | -0.29 | -0.14 |
| Best month | +4.1% | +4.1% | +4.1% | +4.1% |
| Worst month | −3.0% | −4.2% | −4.2% | −4.2% |
| Best 12 months | +12.8% | +12.8% | +12.8% | +12.8% |
| Worst 12 months | −2.8% | −14.3% | −14.3% | −14.3% |
| Positive months | 69% | 53% | 57% | 60% |
| Beta vs S&P 500 | 0.23 | 0.23 | 0.15 | — |
| Correlation with S&P 500 | 0.49 | 0.59 | 0.47 | — |
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.
TOTL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 129 | −14.3% | +2.5% | +12.8% | 75% |
| 3-year (a year) | 105 | −4.9% | +2.4% | +6.3% | 68% |
| 5-year (a year) | 81 | −1.1% | +0.5% | +3.5% | 78% |
| 10-year (a year) | 21 | +1.1% | +1.6% | +2.0% | 100% |
Every holding period starting at a month-end since 2015. Returns for 3 years and longer are annualized.
TOTL performance overview
SPDR DoubleLine Total Return Tactical ETF (TOTL) returned −1.7% over the past year and +1.3% a year over ten years, with distributions reinvested. Since its first recorded price in 2015 it has returned +1.5% a year, turning $10,000 into about $11,898. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −16.5%, from Sep 2, 2021 to Nov 7, 2022, and it took 2.8 years to get back to the old high. TOTL finished 8 of its 10 full calendar years with a gain; the best year was 2025 (+7.7%) and the worst 2022 (−11.6%). Volatility has been 4.6% a year.
Related: TOTL chart, TOTL dividends, TOTL bond profile. See the TOTL overview for the latest quote and fund facts.
TOTL performance FAQ
What is the TOTL return over the past year?
TOTL returned −1.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 6.8%.
What is the average annual return of TOTL?
TOTL has returned +0.3% a year over 5 years, +1.3% a year over 10 years, +1.5% a year since February 24, 2015 (total return, distributions reinvested).
How much would $10,000 invested in TOTL be worth?
$10,000 invested in TOTL at its first recorded close on February 24, 2015 would be worth about $11,898 on October 23, 2026 with distributions reinvested.
What was the worst year for TOTL?
The worst calendar year was 2022, with a total return of −11.6%. The best was 2025 at +7.7%.
What is the biggest drawdown of TOTL?
The largest peak-to-trough decline was −16.5% between September 2, 2021 and November 7, 2022. It recovered to the old high on August 29, 2025, 2.8 years after the bottom.
How volatile is TOTL?
Over the past 3 years TOTL had an annualized volatility of 5.7% and a Sharpe ratio of -0.01 (excess return over 1–3 month T-bills per unit of risk).