SPDR Bloomberg International Corporate Bond ETF
$30.05−0.41 (−1.35%)
- Expense ratio
- 0.50%
- Fund size
- $451M
- 1Y return
- −3.5%
- Yield · Last 12 months
- 2.87%
- Holdings
- 929
- Volume · 30D
- 0.1M sh
- NAV per share
- $30.44
- 52W range
The ETF.net IBND Grade
Score 34 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 9Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.DScore 36Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.FScore 23Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 46Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 81Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 76Category rank
Our read on IBND
DNearly every investment-grade corporate bond ETF buys dollar debt. IBND buys the rest of the world: roughly 900 corporate bonds issued outside the US, in euros, yen and sterling, with the currency exposure left in.
The fund seeks investment results corresponding generally to the Bloomberg Global Aggregate ex-USD > $1B: Corporate Bond Index, providing broad exposure to global investment-grade, fixed-rate corporate bonds outside the United States.
Why people hold it
- A passport out of dollar credit: broad investment-grade corporate exposure from issuers outside the US, roughly 900 bonds, in one ticker.ssga.com
- Different central banks, different rate cycles, different currencies from a US bond sleeve. That is the whole reason this thing exists.ssga.com
- Listed since 2010, pays income monthly, and trades actively enough for everyday retail orders.
Worth knowing
- 0.50% a year is well above the roughly 0.19% typical for investment-grade corporate funds, and dollar-credit peers like VCIT and SPIB charge 0.03% to 0.04%.
- Currency is the loud part. The bonds are non-dollar, so exchange rate moves can swamp the coupons in either direction when results are converted back to dollars.ssga.com
- Against the wider investment-grade corporate group it lands in the back quarter, mostly on fee and price-swing measures rather than how it tracks its index.
IBND Holdings
- Bonds
- 929
- 3%
- ANHEUSER BUSCH INBEV SA/ COMPANY GUAR REGS 03/28 2
Geography
- France65.16%
- Germany11.24%
- Switzerland6.85%
- Belgium6.65%
- Italy4.66%
- Australia3.15%
- Japan2.30%
Developed 100% · Emerging 0%
IBND Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
IBND$9,647
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | IBND |
|---|---|
| Year to date | −3.4% |
| 1 month | −2.7% |
| 3 months | −1.4% |
| 1 year | −3.5% |
| 3 years | +6.0% |
| 5 years | −1.3% |
| 10 years | +0.3% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | IBND |
|---|---|---|
| 2026 YTD | −3.4% | |
| 2025 | +16.2% | |
| 2024 | −2.8% | |
| 2023 | +10.4% | |
| 2022 | −19.4% | |
| 2021 | −8.4% | |
| 2020 | +11.5% |
IBND in the news
IBND Dividends
- 2.87%
- $0.88
- $0.08 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.08 |
| Aug 3, 2026 | Aug 6, 2026 | $0.07 |
| Jul 1, 2026 | Jul 7, 2026 | $0.07 |
| Jun 1, 2026 | Jun 4, 2026 | $0.08 |
| May 1, 2026 | May 6, 2026 | $0.07 |
| Apr 1, 2026 | Apr 6, 2026 | $0.07 |
| Mar 2, 2026 | Mar 5, 2026 | $0.07 |
| Feb 2, 2026 | Feb 5, 2026 | $0.07 |
| Dec 18, 2025 | Dec 23, 2025 | $0.07 |
| Dec 1, 2025 | Dec 4, 2025 | $0.07 |
| Nov 3, 2025 | Nov 6, 2025 | $0.08 |
| Oct 1, 2025 | Oct 6, 2025 | $0.07 |
IBND Risk
- 8.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.16
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −31.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.11
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IBND Cost
0.50%
IBND0.50%
- The middle half of Investment Grade Corporate funds
- Median 0.30%
43 of the 49 Investment Grade Corporate funds charge less.