| SPLB | |
|---|---|
| Total return | +9.6% |
| Annualised (CAGR) | +0.9% |
| Volatility (annualised) | +12.2% |
| Sharpe (rf = 0) | 0.08 |
| Deepest drawdown | -34.5% |
| Drawdown peak → trough | 2021-09-22 → 2022-10-24 |
| Dividend yield (12m distributions) | 5.88% (as of 2026-09-29) |
| Rebalancing (from its prospectus) | Monthly |
Rebalancing: per the fund's prospectus summary, its index is rebalanced monthly. That schedule is set by the index provider, not by a view on where the market is going — and it says nothing about how often you should rebalance a portfolio; that side is covered in how often index funds rebalance.
Over the 10.0 years to 2026-09-29 the fund returned +9.6% in total (+0.9% a year), with a deepest drawdown of -34.5% from 2021-09-22 to 2022-10-24. Its worst calendar year was 2022 (-25.7%), its best 2019 (+23.5%).
| Year | SPLB |
|---|---|
| 2026 | -6.0% |
| 2025 | +7.0% |
| 2024 | -1.7% |
| 2023 | +11.2% |
| 2022 | -25.7% |
| 2021 | -2.0% |
| 2020 | +13.5% |
| 2019 | +23.5% |
| 2018 | -7.3% |
| 2017 | +12.3% |
| 2016 | -6.1% |
+9.6% in total, which works out to +0.9% a year over the 10 years to 2026-09-29. Both figures assume dividends were reinvested and the fund's own fees were already deducted, so they are what an investor would have kept — before tax.
2022 — its calendar-year return was -25.7% (net of fees, dividends reinvested). Its best year was 2019 (+23.5%).
-34.5%, from a peak on 2021-09-22 to a trough on 2022-10-24. As of 2026-09-29 it had not climbed back to that earlier peak.
Over the last 12 months it distributed 5.88% of its share price (as of 2026-09-29). That is a past distribution, not a promise of future income, and it is already counted in every return figure on this page.
It does not say SPLB is a good or bad fund, and it is not a forecast. Returns above are history: they already include dividends and already exclude the fund's own fees. A drawdown of -34.5% means an investor who bought at the peak would have watched that much value disappear before it recovered — how long that takes is the part most tables leave out.