SPIB
SPDR Portfolio Intermediate Term Corporate Bond ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-09-09
Executive Summary
The quantitative backtest for SPIB (SPDR Portfolio Intermediate Term Corporate Bond ETF) using the Excess Return MMA CA* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -6.6% (compared to the benchmark's drawdown of -14.9%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 3.2%, compared to a Buy-and-Hold benchmark return of 3.2%. The strategy executed 26 total trades.
* Excess Return MMA CA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility, with a month-end dynamic Cash Alternative sleeve rotation.
* Excess Return MMA CA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility, with a month-end dynamic Cash Alternative sleeve rotation.
📊 Strategy Model 4 Models Available
Compare quantitative moving average overlays for SPIB:
Excess Return MMA
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA Active Model
Advanced Dynamic Sleeve: MMA ensemble signals on the primary asset combined with a momentum-based cash alternative ETF rotation.
Excess Return SMA
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Moving Average (50/200)
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
🎯 Trading Horizon
Select risk profile & execution style for SPIB:
🛡️ Long-Term Investing Active Horizon
Ideal for wealth preservation and multi-year horizons. Optimized for low turnover and tax efficiency.
⚔️ Tactical Trading
Ideal for active capital rotation and momentum-first accounts. Optimized for high sensitivity to price shifts.
🛡️ SPIB Drawdown Shield & Downside Protection
Why Drawdown Dictates Longevity →Peak Drawdown Defense
-6.6% (vs -14.9% B&H)
+8.4% shallower drawdown
Downside Efficiency
1.37 Sortino
+0.42 vs 0.95 B&H
Capital Sheltered from Risk
28.0% of Time
Earning Treasury yield during downturns
* Drawdown Shield demonstrates how systematic trend-following bounded historical drawdowns and protected principal capital compared to passive Buy & Hold.
📊 SPIB Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | 10Y | Full | ||||
|---|---|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| Max Drawdown | -2.02% | -2.02% | -3.77% | -14.60% | -6.58% | -14.94% | -6.58% | -14.94% |
| Sharpe Ratio | 1.03 | 0.48 | 1.33 | 0.33 | 1.14 | 0.58 | 1.18 | 0.77 |
| Sortino Ratio | 1.44 | 0.76 | 1.64 | 0.51 | 1.19 | 0.69 | 1.37 | 0.95 |
| CAGR | 2.36% | 1.34% | 3.02% | 1.50% | 2.87% | 2.68% | 3.19% | 3.24% |
| % Time Invested | 77.7% | 100.0% | 49.4% | 100.0% | 61.2% | 100.0% | 72.0% | 100.0% |
| Trades / Year | 0.0 | 0.0 | 1.4 | 0.0 | 1.8 | 0.0 | 1.7 | 0.0 |
Cumulative Growth Performance
Return Distribution Analysis
Loading...
Loading Top Diversifiers for SPIB... Top Diversifiers for SPIB
Explore Correlation Across Horizons →Top 5 non-correlated asset sleeves evaluated on 1Y daily percentage returns (Pearson r). Compare them side-by-side in Compare Studio to analyze portfolio diversification.
| Diversifier Asset | Category | 1Y Correlation (r) | Action |
|---|---|---|---|
| Loading top diversifier assets... | |||
Trade History
This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open or Mark-to-Market exit denotes an active position (either in the primary asset or a cash/yield sleeve) valued at the current price for reporting purposes. Interest entries record yield accrued from cash or cash alternatives (like BIL) during out-of-market defensive periods.
| Entry Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net Return % | Exit Reason | |
|---|---|---|---|---|---|---|---|---|
| 🔒 Active Positions & Recent Execution Signals Hidden Trading on delayed data carries high execution risk. Current allocations, pending next-day rebalances, and active execution signals (last 60 days) require a Premium subscription. Subscribe to Unlock | ||||||||
| 2025-07-24 | 2026-06-18 | Completed | 33.33% | $31.73 | $33.04 | 4.07% | Signal | |
| 2026-03-31 | 2026-05-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.32% | Interest Income | |
| 2025-04-24 | 2026-03-31 | Completed | 33.33% | $30.99 | $32.76 | 5.65% | Signal | |
| 2025-06-03 | 2025-07-24 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.90% | Interest Income | |
| 2025-05-02 | 2025-06-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.32% | Interest Income | |
| 2025-04-16 | 2025-05-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.43% | Interest Income | |
| 2025-01-02 | 2025-04-24 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.09% | Interest Income | |
| 2024-03-22 | 2025-04-16 | Completed | 33.33% | $29.26 | $30.89 | 5.52% | Signal | |
| 2024-08-02 | 2025-01-02 | Completed | 33.33% | $30.22 | $30.47 | 0.76% | Signal | |
| 2024-08-02 | 2024-08-05 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.09% | Interest Income | |
| 2024-05-16 | 2024-08-02 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.23% | Interest Income | |
| 2023-06-02 | 2024-08-01 | Interest (FLOT) | 33.33% | $1.00 | $1.08 | 7.87% | Interest Income | |
| 2024-01-11 | 2024-05-16 | Completed | 33.33% | $29.06 | $29.36 | 1.00% | Signal | |
| 2023-09-13 | 2024-03-22 | Interest (FLOT) | 33.33% | $1.00 | $1.04 | 3.58% | Interest Income | |
| 2023-06-02 | 2024-01-11 | Interest (FLOT) | 33.33% | $1.00 | $1.04 | 3.94% | Interest Income | |
| 2023-06-21 | 2023-09-13 | Completed | 33.33% | $27.80 | $27.77 | -0.17% | Signal | |
| 2023-06-02 | 2023-06-21 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.36% | Interest Income | |
| 2023-05-22 | 2023-06-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.17% | Interest Income | |
| 2023-04-04 | 2023-06-01 | Interest (SHV) | 33.33% | $1.00 | $1.01 | 0.71% | Interest Income | |
| 2023-04-04 | 2023-06-01 | Interest (SHV) | 33.33% | $1.00 | $1.01 | 0.71% | Interest Income | |
| 2023-02-07 | 2023-05-22 | Completed | 33.33% | $27.80 | $27.92 | 0.39% | Signal | |
| 2022-12-02 | 2023-04-03 | Interest (FLOT) | 33.33% | $1.00 | $1.02 | 1.87% | Interest Income | |
| 2022-12-02 | 2023-04-03 | Interest (FLOT) | 33.33% | $1.00 | $1.02 | 1.87% | Interest Income | |
| 2022-12-02 | 2023-02-07 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.49% | Interest Income | |
| 2022-10-04 | 2022-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income | |
| 2022-10-04 | 2022-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income | |
| 2022-10-04 | 2022-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income | |
| 2022-09-02 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income | |
| 2022-09-02 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income | |
| 2022-09-02 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income | |
| 2022-03-17 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.36% | Interest Income | |
| 2022-03-02 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.37% | Interest Income | |
| 2022-03-02 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.37% | Interest Income | |
| 2020-04-06 | 2022-03-17 | Completed | 33.33% | $27.36 | $28.56 | 4.31% | Stop | |
| 2022-02-02 | 2022-03-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income | |
| 2022-01-04 | 2022-03-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2021-09-02 | 2022-02-02 | Completed | 33.33% | $30.44 | $29.56 | -2.94% | Signal | |
| 2021-11-19 | 2022-01-03 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income | |
| 2021-07-13 | 2021-11-19 | Completed | 33.33% | $30.37 | $30.05 | -1.11% | Signal | |
| 2021-08-03 | 2021-09-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income | |
| 2021-06-28 | 2021-08-02 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.03% | Interest Income | |
| 2021-05-04 | 2021-07-13 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.17% | Interest Income | |
| 2020-04-06 | 2021-06-28 | Completed | 33.33% | $27.36 | $30.20 | 10.33% | Signal | |
| 2021-04-08 | 2021-05-03 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-05-21 | 2021-04-08 | Completed | 33.33% | $28.86 | $29.90 | 3.56% | Signal | |
| 2020-03-13 | 2020-05-21 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.11% | Interest Income | |
| 2020-03-13 | 2020-04-06 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.08% | Interest Income | |
| 2020-03-13 | 2020-04-06 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.08% | Interest Income | |
| 2019-03-13 | 2020-03-13 | Completed | 33.33% | $26.41 | $27.26 | 3.16% | Stop | |
| 2019-03-07 | 2020-03-13 | Completed | 33.33% | $26.30 | $27.26 | 3.59% | Stop | |
| 2019-02-14 | 2020-03-13 | Completed | 33.33% | $26.19 | $27.26 | 4.04% | Stop | |
| 2019-03-04 | 2019-03-13 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.14% | Interest Income | |
| 2019-03-04 | 2019-03-07 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2018-12-04 | 2019-03-01 | Interest (SHV) | 33.33% | $1.00 | $1.01 | 0.61% | Interest Income | |
| 2018-12-04 | 2019-03-01 | Interest (SHV) | 33.33% | $1.00 | $1.01 | 0.61% | Interest Income | |
| 2018-12-04 | 2019-02-14 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.49% | Interest Income | |
| 2018-11-19 | 2018-12-03 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.07% | Interest Income | |
| 2018-11-02 | 2018-12-03 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.16% | Interest Income | |
| 2018-11-02 | 2018-12-03 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.16% | Interest Income | |
| 2018-08-29 | 2018-11-19 | Completed | 33.33% | $25.59 | $25.38 | -0.87% | Signal | |
| 2018-06-14 | 2018-11-01 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.94% | Interest Income | |
| 2018-03-08 | 2018-11-01 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.49% | Interest Income | |
| 2018-01-09 | 2018-08-29 | Interest (FLOT) | 33.33% | $1.00 | $1.02 | 1.63% | Interest Income | |
| 2011-02-14 | 2018-06-14 | Completed | 33.33% | $19.92 | $25.27 | 26.79% | Signal | |
| 2017-06-29 | 2018-03-08 | Completed | 33.33% | $25.51 | $25.34 | -0.70% | Signal | |
| 2017-04-18 | 2018-01-09 | Completed | 33.33% | $25.33 | $25.76 | 1.64% | Signal | |
| 2017-05-02 | 2017-06-29 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.26% | Interest Income | |
| 2017-04-04 | 2017-05-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.06% | Interest Income | |
| 2017-04-04 | 2017-04-18 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2017-03-06 | 2017-04-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.03% | Interest Income | |
| 2016-12-07 | 2017-04-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.45% | Interest Income | |
| 2016-02-23 | 2017-03-06 | Completed | 33.33% | $24.04 | $25.05 | 4.16% | Signal | |
| 2016-03-22 | 2016-12-07 | Completed | 33.33% | $24.41 | $24.82 | 1.60% | Signal | |
| 2016-03-02 | 2016-03-22 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2016-02-08 | 2016-03-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.01% | Interest Income | |
| 2016-02-02 | 2016-02-23 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.03% | Interest Income | |
| 2015-10-29 | 2016-02-08 | Completed | 33.33% | $24.07 | $23.94 | -0.56% | Signal | |
| 2015-11-03 | 2016-02-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.11% | Interest Income | |
| 2015-10-16 | 2015-11-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.06% | Interest Income | |
| 2015-09-02 | 2015-10-29 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2013-10-25 | 2015-10-16 | Completed | 33.33% | $22.78 | $24.06 | 5.55% | Signal | |
| 2015-08-04 | 2015-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2015-07-16 | 2015-08-03 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income | |
| 2013-10-25 | 2015-07-16 | Completed | 33.33% | $22.78 | $23.80 | 4.39% | Signal | |
| 2013-08-14 | 2013-10-25 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.17% | Interest Income | |
| 2013-08-02 | 2013-10-25 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.19% | Interest Income | |
| 2011-02-14 | 2013-08-14 | Completed | 33.33% | $19.92 | $22.32 | 12.02% | Signal | |
| 2013-07-12 | 2013-08-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2011-04-14 | 2013-07-12 | Completed | 33.33% | $20.28 | $22.35 | 10.19% | Signal | |
| 2011-04-04 | 2011-04-14 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2011-03-02 | 2011-04-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2011-02-10 | 2011-03-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income | |
| 2011-02-10 | 2011-02-14 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.01% | Interest Income | |
| 2011-02-10 | 2011-02-14 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.01% | Interest Income | |