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SPDR Bloomberg International Corporate Bond ETF

IBNDNYSE ArcaSPDRD

$29.68+0.11 (+0.39%)

At close: Nov 2, 2026, 4:00 PM ET

Intraday session: up, 79 prints from 29.57 to 29.68. Range 29.65 to 29.76. Use the arrow keys to read each point.29.6029.6529.7510 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$439M
1Y total return
−4.1%
Yield · Last 12 months
2.96%
Holdings
920
Avg volume · 30D
73K sh
52W range
low $29.38high $33.20
Launched
Filings
SEC EDGAR

The ETF.net IBND Grade

D

Score 31 out of 100

Rank
46 of 49
Six-pillar profile for IBND. Scores out of 100: Cost 8, Risk 14, Mission 34, Tradability 41, Holdings 80, Durability 75. Strongest: Holdings (80). Weakest: Cost (8). Leans toward Holdings and Durability.

Score 31 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F8 out of 100
    Rank 43 of 49
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    D34 out of 100
    Rank 44 of 45
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F14 out of 100
    Rank 49 of 49
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C41 out of 100
    Rank 32 of 49
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A80 out of 100
    Rank 11 of 49
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A75 out of 100
    Rank 12 of 49

Our read on IBND

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched May 19, 2010

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

IBND$9,587
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. IBND $9,587. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for IBND. Periods over one year show the average yearly return.
PeriodIBND
Year to date−5.8%
1 month−0.6%
3 months−3.9%
1 year−4.1%
3 yearsper year+5.4%
5 yearsper year−1.4%
10 yearsper year+0.5%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for IBND
YearReturn barIBND
2026 YTD−5.8%
2025+16.2%
2024−2.8%
2023+10.4%
2022−19.4%
2021−8.4%
2020+11.5%

IBND in the news

IBND Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
2.96%Last 12 months
Payout per share
$0.88Last 12 months
Last payment
$0.07 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 45 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.05; Mar 1, 2023 $0.04; Apr 3, 2023 $0.05; May 1, 2023 $0.04; Jun 1, 2023 $0.06; Jul 3, 2023 $0.05; Aug 1, 2023 $0.05; Sep 1, 2023 $0.06; Oct 2, 2023 $0.06; Nov 1, 2023 $0.06; Dec 1, 2023 $0.06; Dec 18, 2023 $0.06; Feb 1, 2024 $0.06; Mar 1, 2024 $0.07; Apr 1, 2024 $0.06; May 1, 2024 $0.06; Jun 3, 2024 $0.06; Jul 1, 2024 $0.06; Aug 1, 2024 $0.06; Sep 3, 2024 $0.06; Oct 1, 2024 $0.06; Nov 1, 2024 $0.07; Dec 2, 2024 $0.06; Dec 19, 2024 $0.06; Feb 3, 2025 $0.06; Mar 3, 2025 $0.06; Apr 1, 2025 $0.06; May 1, 2025 $0.06; Jun 2, 2025 $0.07; Jul 1, 2025 $0.07; Aug 1, 2025 $0.07; Sep 2, 2025 $0.07; Oct 1, 2025 $0.07; Nov 3, 2025 $0.08; Dec 1, 2025 $0.07; Dec 18, 2025 $0.07; Feb 2, 2026 $0.07; Mar 2, 2026 $0.07; Apr 1, 2026 $0.07; May 1, 2026 $0.07; Jun 1, 2026 $0.08; Jul 1, 2026 $0.07; Aug 3, 2026 $0.07; Sep 1, 2026 $0.08; Oct 1, 2026 $0.07. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 5, 2026$0.07
Oct 1, 2026Oct 6, 2026$0.07
Sep 1, 2026Sep 4, 2026$0.08
Aug 3, 2026Aug 6, 2026$0.07
Jul 1, 2026Jul 7, 2026$0.07
Jun 1, 2026Jun 4, 2026$0.08
May 1, 2026May 6, 2026$0.07
Apr 1, 2026Apr 6, 2026$0.07
Mar 2, 2026Mar 5, 2026$0.07
Feb 2, 2026Feb 5, 2026$0.07
Dec 18, 2025Dec 23, 2025$0.07
Dec 1, 2025Dec 4, 2025$0.07

See all 152 payments⁠

$10,000 in IBND 10 years ago paid $1,179 in dividends.⁠

IBND Risk

How much the fund’s monthly returns vary, scaled to a year.
8.7%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.14
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−31.2%
Trough Sep 2022
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.

How strongly the fund’s returns move with its asset-class index.
1.11
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

IBND Cost

Overpaying vs SPBO, tied cheapest in Investment Grade Corporate

$9,341

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • IBND 0.50%

    $9,979

  • SPBO 0.03% Tied cheapest

    $638

$10,000
30 years

Cost over time

  • IBND 0.50%
  • SPBO 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530IBND $9,979SPBO $638

Year by year

YearIBNDSPBOOverpaying
10$900$55$845
20$3,460$216$3,244
30$9,979$638$9,341

Other funds in Investment Grade Corporate