State Street Fixed Income Sector Rotation ETF
$24.50+0.04 (+0.16%)
- 0.50%
- $631M
- −2.4%
- 4.42%
- 0.2M sh
- $24.46
- low $24.26high $26.38
The ETF.net FISR Grade
C
Score 46 out of 100
- 23 of 29
Score 46 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C45 out of 100Rank 15 of 29Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D26 out of 100Rank 28 of 29Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A79 out of 100Rank 5 of 29Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F23 out of 100Rank 27 of 29Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B64 out of 100Rank 10 of 29
Our read on FISR
CMost bond funds pick a lane and stay there. FISR is actively steered: a SPDR fund that rotates across fixed income sectors, using both ETFs and individual bonds, in pursuit of risk-adjusted return with current income.
FISR is an actively managed fixed-income fund that allocates among multiple fixed-income sectors, using ETFs and individual securities. It seeks to maximize risk-adjusted return while providing current income.
Why people hold it
- Active sector rotation in one ticket. Managers shift among US and international fixed income sectors rather than sitting at fixed index weights.ssga.com
- Builds the portfolio from both ETFs and individual securities, so one share looks through to thousands of underlying bonds.
- Pays distributions monthly and has been running under the SPDR banner since 2019, so there is a real multi-year record to read.
Worth knowing
- Costs 0.50% a year, above the broad-bond median and well above index aggregates such as BND, SPAB and SCHZ at 0.03%.
- No benchmark to check it against. Results ride on the manager's sector calls, and the blend of credit and interest-rate risk can shift as those calls change.
- Measured against the wider broad-bond field on cost and portfolio makeup, it sits toward the back of that group.
FISR Holdings
- Bonds
- 12
- 100%
- SPBO
Sectors
- Industrials99.8%
- Energy0.2%
Geography
- United States100.00%
FISR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
FISR$9,765
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FISR |
|---|---|
| Year to date | −2.6% |
| 1 month | −1.0% |
| 3 months | −2.7% |
| 1 year | −2.4% |
| 3 years | +3.9% |
| 5 years | −1.4% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FISR |
|---|---|---|
| 2026 YTD | −2.6% | |
| 2025 | +6.3% | |
| 2024 | +1.0% | |
| 2023 | +5.3% | |
| 2022 | −15.7% | |
| 2021 | −1.7% | |
| 2020 | +5.8% |
FISR in the news
FISR Dividends
- 4.42%
- $1.08
- $0.09 per share
- Monthly
Distribution history
FISR Risk
- 5.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.15
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −19.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.02
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FISR Cost
0.50%
FISR0.50%
- The middle half of Global Aggregate Bond (Unhedged) funds
- Median 0.45%
16 of the 28 Global Aggregate Bond (Unhedged) funds charge less.
Other funds in Global Aggregate Bond (Unhedged)
- CSCMCSterling Capital Multi-Strategy Income ETFExpense ratio 0.55%1 year return —
- CFTBDFidelity Tactical Bond ETFExpense ratio 0.55%1 year return −1.0%
- CSTXTStrive Total Return Bond ETFExpense ratio 0.49%1 year return −2.2%
- CKDRNKingsbarn Tactical Bond ETFExpense ratio 0.57%1 year return −0.9%
- DFLXIInvesco Flexible Income ETFExpense ratio 0.39%1 year return —