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State Street® SPDR® Bloomberg Euro Aggregate Bond UCITS ETF (Dist)Index, costs, backtest, listings and taxation

ISIN: IE00B41RYL63Ticker: SYBA (Xetra) · EAGG (SIX)Issuer: SPDR
Issuer-declared data
Declared index
Bloomberg Euro Aggregate Bond Index
TER
0.17%
Transaction costs
0.01% (issuer estimate, from the KID)
Management
Passive (index-tracking) (from the KID)
Income policy
SFDR
Article 6 — does not promote specific ESG characteristics — inferred (issuer documents do not declare art. 8/9) what does it mean?
Fund assets
589.3 mln EUR
NAV
53.17 EUR (30 August 2026)
Domicile
Ireland
Inception date
22 May 2011
Data as declared by SPDR in the issuer’s official files and endpoints · collected on 2 September 2026 (monthly refresh). Facts only, no recommendation.
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Description

State Street® SPDR® Bloomberg Euro Aggregate Bond UCITS ETF (Dist) tracks the issuer-declared index: Bloomberg Euro Aggregate Bond Index. The declared annual cost (TER) is 0.17%, plus 0.01% in transaction costs estimated by the issuer in the KID. Replication is stratified-sampling physical replication; income is distributed to investors. The fund has assets of about 589 million euro, was launched on 22 May 2011 and is domiciled in Ireland.

The fund’s objective — in the issuer’s words

The Shares of the EUR Class are issued in Euro. Investment objective The objective of the Fund is to track the performance of the Euro-denominated bond market for fixed-rate, investment grade (high quality) securities. Index Source: The Index is the intellectual property of the Index provider. The Fund is not sponsored or endorsed by the Index provider. The Index provider does not provide any warranty or accept any liability in relation to any error relating to the Index, including any error in respect of the quality, accuracy or completeness of Index data, and does not guarantee that the Index will be in line with the described Index methodology. Please see the Prospectus for the full index disclaimer. The Fund seeks to track the performance of the Bloomberg Euro Aggregate Bond Index (the "Index") as closely as possible. The Fund is an index tracking fund (also known as a passively managed fund). Investment policies The Fund invests primarily in securities included in the Index. These securities include fixed rate, investment grade bonds (denominated in Euros) issued by governments and corporations. As it may be difficult to purchase all securities in the Index efficiently, in seeking to track the performance of the Index the Fund will use a stratified sampling strategy to build a representative portfolio. Consequently, the Fund will typically hold only a subset of the securities included in the Index. The Fund may use financial derivative instruments (that is, financial contracts whose prices are dependent on one or more underlying assets) in order to manage the portfolio efficiently. Save in exceptional circumstances, the Fund will generally only issue and redeem shares to certain institutional investors. However, shares of the Fund may be purchased or sold through brokers on one or more stock exchanges. The Fund trades on these stock exchanges at market prices which may fluctuate throughout the day.

Keep reading the KID section ▾

Intended retail investorThis Fund is intended for investors who plan to stay invested for at least 3 years and are prepared to take on a medium-high level of risk of loss to their original capital in order to get a higher potential return. It is designed to form part of a portfolio of investments. Practical information Depositary The Fund depositary is State Street Custodial Services (Ireland) Limited.

From the KID’s “Objectives” section · 5 August 2026 · original document ↓
Text generated from the data the issuer declares in official product lists. No recommendation.

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed versionProspectusPDF in English, from the issuer’s site — the fund’s full legal documentFactsheetPDF in English, from the issuer’s site — the fund’s monthly snapshot
The KID is the document the law requires you to read before investing: 3 pages covering risks, costs and scenarios. The link opens the issuer’s published PDF.

Fund performance

issuer-declared net asset value (NAV) · EUR · from May 2011 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+30.8%
Annualised
+1.8%
Volatility (ann.)
4.0%
Max drawdown
-20.54%
-5%+10%+25%+39%+54%May 2011Mar 2015Jan 2019Nov 2022Sept 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)+31%May 2011Sept 2026
Tip: drag across the chart to zoom into a period.

Drawdown — distance from previous peak

This isn’t the return: it shows how far the fund is below its previous peak. 0% = you’re at the peak; below zero = how much you’re down and haven’t recovered yet.
0%-5%-10%-15%-20%-25%-30%201120142017202020232026−20.54% · 02 Mar 2023
Max drawdown
-20.54%
peak → trough
Trough
02 Mar 2023
from the 11 Dec 2020 peak
Recovery time
not yet
recovery only: trough to break-even
Underwater
2,097 days
decline + recovery: peak to break-even · ≈ 5 years and 9 months · (ongoing)

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
11 Dec 202002 Mar 2023-20.54%ongoing2,097
28 Aug 201918 Mar 2020-5.53%09 Oct 2020408
15 Apr 201510 Jun 2015-5.08%29 Mar 2016349
07 Sept 201610 Mar 2017-4.55%21 Mar 2019925
09 Sept 201125 Nov 2011-4.42%12 Jan 2012125

Calendar-year returns

2016
3.1%
2017
0.5%
2018
0.3%
2019
5.6%
2020
3.8%
2021
-3.0%
2022
-17.3%
2023
7.0%
2024
2.4%
2025
1.2%
2026
-0.9%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
20260.71.2-2.50.41.00.4-1.5-0.5-0.2-0.9
20250.00.7-1.61.70.2-0.1-0.0-0.20.40.8-0.1-0.51.2
2024-0.3-1.11.1-1.30.00.32.00.41.2-0.81.9-1.12.4
20232.2-2.12.00.10.4-0.40.20.3-2.10.42.73.37.0
2022-1.2-2.2-2.2-3.4-1.5-2.44.1-4.9-3.70.12.4-3.7-17.3
2021-0.5-1.60.1-0.7-0.10.41.6-0.5-1.1-0.61.2-1.2-3.0
20201.90.3-3.51.20.21.01.0-0.61.00.80.30.13.8
20190.9-0.11.60.10.81.91.51.6-0.5-0.9-0.6-0.75.6
2018-0.50.11.0-0.3-0.70.5-0.2-0.3-0.3-0.00.20.60.3
2017-1.51.0-0.50.40.4-0.60.30.8-0.41.00.2-0.60.5
20161.50.80.5-0.70.81.70.9-0.10.1-1.6-1.40.53.1
20151.70.60.9-1.1-1.2-2.21.8-0.70.51.00.5-0.90.9
20141.80.60.70.80.90.90.71.60.20.31.00.911.0
2013-0.80.60.52.1-0.9-1.50.7-0.50.71.30.3-0.62.0
20122.01.70.5-0.01.1-0.71.90.81.00.81.20.811.4
2011-0.30.61.70.4-0.7-2.33.12.6
From month-end NAVs, over the fund’s full history, on the series shown in the chart (dividends reinvested where declared). Deeper colour = larger move.
Issuer-declared series with dividends reinvested: the total performance, comparable with accumulating funds. Switch it off to see the price (NAV) alone, which drops at every dividend payment.
Source: SPDR. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available July 2026 — for later days the index stays at the last published value (institutes publish with a few weeks’ lag). The «adjusted for inflation» view expresses value in today’s purchasing power for the selected country; volatility always stays nominal, as elsewhere on the site (deflating it would add artificial swings caused by the monthly cadence of the price index). Past performance is not indicative of future results: these are facts, not a recommendation.

Tracking difference — issuer-declared

How much the fund returned above (+) or below (−) its index, year by year. It measures the actual deviation: the combined effect of costs (TER and transaction), securities-lending revenue and replication optimisations — which is why it can beat the TER. Tracking difference was positive in 0 of the last 9 calendar years: a past observation, not an indication of future outperformance.
Average TD (last 3 years)
-0.16% /anno
Declared TER
0.17%
YearFundIndexDifference
2025+1.16%+1.25%-0.08%
2024+2.42%+2.63%-0.22%
2023+7.03%+7.19%-0.17%
2022-17.34%-17.17%-0.16%
2021-3.02%-2.85%-0.17%
2020+3.84%+4.05%-0.20%
2019+5.88%+5.98%-0.11%
2018+0.25%+0.41%-0.16%
2017+0.50%+0.68%-0.18%
Figures declared by the issuer on the fund page (net fund and index returns per calendar year, as of 31 July 2026), not computed by us. Partial years excluded. What is tracking difference? →

Risk indicators· EUR

Last yearLast 3 yearsLast 5 yearsLast 10 yearsFull history
Volatility (ann.)3.86%4.20%5.48%4.43%4.15%
Max drawdown-4.36%-5.78%-20.18%-21.87%-21.87%
Sharpe-1.40-0.61-1.10-0.60-0.12
Sortino-1.79-0.82-1.52-0.82-0.17
Computed from the daily NAV series, always in nominal terms. Sharpe and Sortino use the ECB main refinancing rate averaged over the period (last year: 2.21%), weighted by days in force, as the risk-free rate. Same formulas as our public methodology: sample standard deviation annualised over 252 days; Sortino with downside deviation. Past performance is not indicative of future results. Figures in EUR, the fund's currency; the table follows the currency selected in the chart.

Duration and maturities

Duration · effective duration
6.15years

Price sensitivity to rates: the longer, the more the fund moves. What is duration →

Maturity breakdown (% of fund)
< 1 year
0.06%
1–3 years
25.37%
3–5 years
22.58%
5–7 years
15.59%
7–10 years
16.40%
10–20 years
12.90%
> 20 years
7.09%

Source: factsheet SPDR, data as of 31 July 2026. Values as declared by the issuer, not computed by us; updated with the monthly document.

Credit rating

How the portfolio is spread by credit quality: from AAA (strongest) downwards. More weight in the top buckets = lower risk that an issuer fails to pay, usually with lower yields.

Rating breakdown (% of fund)
Aaa
29.21%
Aa
8.55%
A
38.18%
Baa
24.05%

Source: factsheet SPDR, data as of 31 July 2026. Values as declared by the issuer, not computed by us; updated with the monthly document.

Ratings are those the issuer assigns to portfolio holdings under its own methodology (usually the median of S&P, Moody’s and Fitch); scale and buckets are those of the original document.

Portfolio holdings

Securities in portfolio
2,735
Top-10 weight
4.3%

Top 10 holdings

FRANCE (GOVT OF) 2.75 02/25/2029
0.48%
FRANCE (GOVT OF) 2.5 05/25/2030
0.46%
FRANCE (GOVT OF) 3.5 11/25/2033
0.45%
FRANCE (GOVT OF) 0.75 11/25/2028
0.43%
FRANCE (GOVT OF) 0.75 05/25/2028
0.43%
FRANCE (GOVT OF) 2.7 02/25/2031
0.42%
FRANCE (GOVT OF) 1.5 05/25/2031
0.41%
FRANCE (GOVT OF) 2.75 02/25/2030
0.41%
FRANCE (GOVT OF) 2.75 10/25/2027
0.41%
FRANCE (GOVT OF) 3.5 11/25/2035
0.41%
⬇ Download the full portfolio — Excel, 2,735 rows
Full portfolio declared by SPDR, as of 31 August 2026: this is the summary. Percentages may not sum to 100 due to cash, derivatives and rounding.
Fund historyFund-assets (AUM) chart year by year and monthly basket snapshots.Open the history →

Dividends

Frequency
Semi-Annually
Latest dividend
0.6912 EUR
ex 3 Aug 2026 · paid 17 Aug 2026
Dividends, last 12 months
1.33 EUR
Dividend yield
2.50%
12-month sum over the NAV as of 8 Sept 2026

Yield by year

PeriodDividendsDividend yield
1 year1.33 EUR2.42 %
20251.17 EUR2.12 %
20240.96 EUR1.74 %
20230.56 EUR1.07 %
20220.22 EUR0.35 %
20210.27 EUR0.42 %

Dividend contribution to total return

-20%-10%0%10%−0.85 %1 year+1.16 %2025+2.39 %2024+6.98 %2023−17.29 %2022−3.01 %2021
dividendsprice changeprice decline

Calendar per share (EUR)

YearJanFebMarAprMayJunJulAugSepOctNovDec
20260.640.69
20250.570.60
20240.450.51
20230.210.35
20220.100.12
20210.150.12
20200.200.17
20190.18
20180.150.19
20170.170.17
20160.300.22
20150.540.39
20140.610.54
20130.750.61
20120.850.83
20110.29

Latest dividends

Per shareEx-dividend dateRecord datePayment
0.6912 EUR3 Aug 20264 Aug 202617 Aug 2026
0.6378 EUR2 Feb 20263 Feb 202617 Feb 2026
0.6007 EUR4 Aug 20255 Aug 202518 Aug 2025
0.5728 EUR3 Feb 20254 Feb 202518 Feb 2025
0.5074 EUR2 Aug 20245 Aug 202416 Aug 2024
0.4532 EUR1 Feb 20242 Feb 202415 Feb 2024
0.3494 EUR1 Aug 20232 Aug 202315 Aug 2023
0.2086 EUR1 Feb 20232 Feb 202315 Feb 2023
Per-share dividends as declared by the issuer, in EUR, since the first payment (29 Jul 2011). Past dividends are not indicative of future ones.

Italian taxation

Effective rate on capital gains
17.12%
White-list share
65.80%
From the government-bond («white list») share certified by the issuer every semester: 12.5% on that portion, 26% on the rest.
Deep-dive into this fund’s taxation →

Where it shows up commission-free in Italy

According to the official lists published by the brokers (downloaded and cross-checked by us), these share classes of the fund appear tradable with zero fees:

IE00B41RYL63SYBA
  • Moneyfarmzero on single buys from 1,000 €, agreement until 12 January 2028
  • XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans
Full terms, traps and method in the observatory: Free savings plans and zero-commission ETFs: the broker survey

Official lists verified on 3 September 2026. We record published terms — this is neither an invitation to open accounts nor a recommendation: lists change, the broker’s documents prevail. Trade Republic, Scalable Capital and Trading 212 publish no per-ISIN lists and don’t appear here.

Stock exchange listings

ExchangeTickerTrading since
Börse DüsseldorfSYBA17 Feb 2012
Börse FrankfurtSYBA24 May 2011
Börse HamburgSYBA1 Aug 2016
Börse HannoverSYBA9 Dec 2024
Börse München / gettexSYBA4 Jul 2014
Börse StuttgartSYBA25 May 2011
Tradegate ExchangeSYBA11 Jul 2011
Xetra (Deutsche Börse)SYBA24 May 2011
+ 8 more trading venues (MTFs and professional platforms).
Trading venues from the official ESMA register (FIRDS); per-exchange tickers from the issuer’s tax documents and official listings. A dash “—” = that venue does not publish the item (ticker, currency or start date) in the sources we read. The same fund may trade in different currencies depending on the exchange: check the trading currency with your broker. Non-EU listings (e.g. UK, Mexico) not included.

Frequently asked questions

Which index does State Street® SPDR® Bloomberg Euro Aggregate Bond UCITS ETF (Dist) track?
The issuer SPDR declares the benchmark: Bloomberg Euro Aggregate Bond Index.
How much does SYBA cost?
The issuer-declared TER is 0.17% per year; the transaction costs estimated in the KID are 0.01%.
How is SYBA taxed in Italy?
On sale, the capital gain is taxed at an effective 17.12% rate (white-list share 65.80%): 12.5% on the government-bond “white list” portion, 26% on the rest.
What is the fund size of SYBA?
The fund size declared by SPDR is about 589 million euro.
When was SYBA launched?
The fund was launched on 22 May 2011: it has 15 years of history.
How does SYBA replicate its index?
It is a passively managed ETF: it follows the declared index. Physical (sampled) (issuer wording: “Stratified Sampling”).
Does SYBA pay dividends?
Yes: it is a distributing share class — income is paid out periodically (issuer wording: “Distribution”).
Where does SYBA trade?
Per the official ESMA register it trades on 8 main exchanges, including Börse Düsseldorf (SYBA), Börse Frankfurt (SYBA), Börse Hamburg (SYBA), Börse Hannover (SYBA), Börse München / gettex (SYBA), Börse Stuttgart (SYBA).
What was SYBA's worst fall?
Over the available history (since 2011), the maximum drawdown was -21.87%, reached in September 2023. Past performance is not indicative of future results.
How many securities does SYBA hold?
The declared portfolio holds 2,735 securities; the top 10 positions weigh 4.3%.
Transparency note
The data in this sheet is declared by SPDR in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.