SPBO vs FLMI
Comparison between STATE STREET(R) SPDR PORTFOLIO CORPORATE BOND ETF (SPBO, ETF) and FRANKLIN DYNAMIC MUNICIPAL BOND ETF (FLMI, ETF).
5-Year PerformanceFLMI has outperformed SPBO, delivering a return of +2.2% compared to +0.6%
SPBO vs FLMI - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
SPBO vs FLMI - Historical Returns
Returns include dividend reinvestment.
SPBO vs FLMI - Annual Returns (2011 - 2026)
Returns include dividend reinvestment.
| Year | SPBO | FLMI |
|---|---|---|
| 2026 | +0.35% | +2.22% |
| 2025 | +7.86% | +5.73% |
| 2024 | +3.11% | +5.19% |
| 2023 | +8.19% | +7.38% |
| 2022 | -14.96% | -10.15% |
| 2021 | -1.18% | +4.02% |
| 2020 | +9.91% | +5.96% |
| 2019 | +14.16% | +6.69% |
| 2018 | -1.58% | +0.34% |
| 2017 | +4.77% | -0.02% |
| 2016 | +4.43% | N/A |
| 2015 | -1.60% | N/A |
| 2014 | +8.40% | N/A |
| 2013 | -2.29% | N/A |
| 2012 | +7.92% | N/A |
| 2011 | +5.89% | N/A |
SPBO vs FLMI Drawdown Comparison
The maximum drawdown for SPBO was -22.23%, occurring on Oct 20, 2022. Recovery took 1027 trading sessions.
The maximum drawdown for FLMI was -14.66%, occurring on Oct 25, 2022. Recovery took 751 trading sessions.
The current SPBO drawdown is -1.28%. The current FLMI drawdown is -0.33%.
| Rank | SPBO | FLMI |
|---|---|---|
| #1 | -22.23% Sep 22, 2021 - Oct 24, 2025 | -14.66% Aug 4, 2021 - Jul 31, 2024 |
| #2 | -20.04% Mar 6, 2020 - Jun 15, 2020 | -13.63% Mar 9, 2020 - Nov 17, 2020 |
| #3 | -9.01% May 1, 2013 - May 2, 2014 | -4.66% Mar 3, 2025 - Sep 5, 2025 |
| #4 | -5.59% Dec 31, 2020 - Jul 19, 2021 | -2.90% Feb 27, 2026 - Mar 24, 2026 |
| #5 | -5.09% Apr 24, 2015 - May 4, 2016 | -2.61% Nov 29, 2024 - Feb 25, 2025 |
| #6 | -4.45% Aug 23, 2016 - May 19, 2017 | -2.57% Feb 12, 2021 - May 24, 2021 |
| #7 | -4.17% Sep 8, 2017 - Jan 31, 2019 | -2.21% Jan 31, 2018 - Jan 3, 2019 |
| #8 | -3.44% Nov 1, 2011 - Jan 31, 2012 | -1.95% Oct 1, 2024 - Nov 29, 2024 |
| #9 | -3.13% Oct 21, 2014 - Jan 6, 2015 | -1.56% Sep 3, 2019 - Jan 24, 2020 |
| #10 | -2.86% Feb 26, 2026 - Mar 27, 2026 | -0.90% Jun 16, 2021 - Jul 8, 2021 |
| #11 | -2.76% Jan 30, 2015 - Apr 24, 2015 | -0.90% Sep 5, 2017 - Jan 8, 2018 |
| #12 | -2.75% Aug 6, 2020 - Nov 23, 2020 | -0.73% Aug 5, 2024 - Aug 20, 2024 |
| #13 | -2.62% Aug 28, 2014 - Oct 15, 2014 | -0.52% Sep 18, 2025 - Oct 1, 2025 |
| #14 | -2.50% Aug 28, 2019 - Nov 26, 2019 | -0.52% Oct 28, 2025 - Nov 11, 2025 |
| #15 | -2.18% Feb 1, 2012 - Apr 20, 2012 | -0.44% Aug 20, 2024 - Sep 3, 2024 |
Correlation
Correlation between SPBO and FLMI is 0.86 which considered as a strong positive correlation - the stocks tend to move together.
Dividend Comparison (2011 - 2026)
SPBO vs FLMI dividend yield comparison.
| Year | SPBO | FLMI |
|---|---|---|
| 2026 | 2.13% | 1.64% |
| 2025 | 5.09% | 3.89% |
| 2024 | 5.28% | 4.08% |
| 2023 | 4.73% | 3.71% |
| 2022 | 3.54% | 3.08% |
| 2021 | 2.42% | 2.22% |
| 2020 | 2.75% | 2.09% |
| 2019 | 3.46% | 2.71% |
| 2018 | 3.60% | 2.41% |
| 2017 | 3.15% | 0.34% |
| 2016 | 3.35% | 0.00% |
| 2015 | 3.07% | 0.00% |
| 2014 | 3.21% | 0.00% |
| 2013 | 3.76% | 0.00% |
| 2012 | 3.70% | 0.00% |
| 2011 | 2.53% | 0.00% |
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