Performance analysis of MBND (SPDR NUVEEN MUNICIPAL BOND ETF)
Annual Return
Over the past 3 years, MBND has had an average annual return of +3.73%, underperforming the benchmark SPY, which returned +22.77% annual.
Over the past 5 years, MBND has had an average annual return of +0.63%, underperforming the benchmark SPY, which returned +14.05% annual.
Since Feb 4, 2021, MBND has had an average annual return of +0.70%, underperforming the benchmark SPY, which returned +15.08% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +1.12% | +2.91% | +2.75% | +5.62% | -8.62% | +0.59% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.80% | +0.94% | -1.87% | +0.62% | +0.52% | +0.13% | +1.12% | ||||||
| 2025 | +0.02% | +1.48% | -1.82% | -0.65% | -0.04% | +0.81% | -0.60% | +0.53% | +2.04% | +1.13% | -0.23% | +0.26% | +2.91% |
| 2024 | -0.27% | +0.56% | +0.22% | -1.01% | -0.01% | +1.34% | +1.10% | +0.68% | +0.98% | -1.39% | +1.56% | -0.98% | +2.75% |
| 2023 | +2.34% | -1.95% | +1.56% | -0.07% | -0.85% | +0.84% | +0.25% | -0.92% | -2.05% | -1.18% | +5.23% | +2.53% | +5.62% |
| 2022 | -3.10% | -0.44% | -3.09% | -2.51% | +1.12% | -1.04% | +2.44% | -2.05% | -3.62% | -0.39% | +3.87% | +0.13% | -8.62% |
| 2021 | -1.53% | +0.54% | +1.10% | +0.37% | +0.20% | +0.84% | -0.32% | -0.99% | -0.41% | +0.74% | +0.07% | +0.59% |
Drawdown analysis of MBND (SPDR NUVEEN MUNICIPAL BOND ETF)
The maximum drawdown for the MBND was -13.18%, occurring on Oct 25, 2022. Recovery took 723 trading sessions.
The current MBND drawdown is -0.61%.
Since Feb 4, 2021 MBND has experienced the following drawdowns:
- 10% or more: 1 time
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.18% | Aug 3, 2021 | 310 | Oct 25, 2022 | 723 | Sep 15, 2025 | 1033 |
| -2.44% | Feb 27, 2026 | 20 | Mar 27, 2026 | Ongoing | Ongoing | Ongoing |
| -2.08% | Feb 11, 2021 | 11 | Mar 1, 2021 | 67 | Jun 4, 2021 | 78 |
| -0.80% | Sep 17, 2025 | 7 | Sep 26, 2025 | 13 | Oct 15, 2025 | 20 |
| -0.56% | Nov 12, 2025 | 13 | Dec 2, 2025 | 22 | Jan 5, 2026 | 35 |
| -0.53% | Jun 14, 2021 | 7 | Jun 23, 2021 | 10 | Jul 8, 2021 | 17 |
| -0.33% | Oct 27, 2025 | 5 | Nov 3, 2025 | 7 | Nov 12, 2025 | 12 |
| -0.23% | Jan 16, 2026 | 2 | Jan 21, 2026 | 7 | Jan 30, 2026 | 9 |
| -0.13% | Jul 8, 2021 | 1 | Jul 9, 2021 | 4 | Jul 15, 2021 | 5 |
| -0.10% | Jul 20, 2021 | 1 | Jul 21, 2021 | 5 | Jul 28, 2021 | 6 |
| -0.10% | Feb 19, 2026 | 1 | Feb 20, 2026 | 2 | Feb 24, 2026 | 3 |
| -0.09% | Jul 28, 2021 | 1 | Jul 29, 2021 | 3 | Aug 3, 2021 | 4 |
| -0.09% | Feb 12, 2026 | 1 | Feb 13, 2026 | 1 | Feb 17, 2026 | 2 |
| -0.03% | Feb 10, 2026 | 1 | Feb 11, 2026 | 1 | Feb 12, 2026 | 2 |
| -0.02% | Jan 30, 2026 | 2 | Feb 3, 2026 | 1 | Feb 4, 2026 | 3 |
| -0.01% | Oct 22, 2025 | 1 | Oct 23, 2025 | 1 | Oct 24, 2025 | 2 |