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FISR

GradeDNew York Stock Exchange Arca

State Street Fixed Income Sector Rotation ETF

SPDR · Inception 2019-04-02

$24.68−0.26 (−1.02%)

As of Sep 23, 2026, 2:19 PM EDT

Intraday session: down, 56 prints from 24.94 to 24.68. Range 24.66 to 24.90. Use the arrow keys to read each point.$24.80$24.9010 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$619M
1Y return
+2.1%
Yield · Last 12 months
Data unavailable
Holdings
9917
Volume · 30D
0.2M sh
NAV per share
$25.18
52W range
low $25.10high $26.38

The ETF.net FISR Grade

D

39/ 100

Confidence Medium

Six-pillar profile for FISR. Scores out of 100: Cost 25, Risk 31, Mission not scored, Tradability 74, Holdings 22, Durability 67. Strongest: Tradability (74). Weakest: Holdings (22). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 39 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 25
    —

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 31
    —

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 74
    —

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    FScore 22
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 67
    —

Graded as of Aug 18, 2026 · Based on 5 of 6 pillars

Our read on FISR

ETF.net Research

DMost 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.

Stated mandate

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

  1. 01Active sector rotation in one ticket. Managers shift among US and international fixed income sectors rather than sitting at fixed index weights.ssga.com
  2. 02Builds the portfolio from both ETFs and individual securities, so one share looks through to thousands of underlying bonds.
  3. 03Pays distributions monthly and has been running under the SPDR banner since 2019, so there is a real multi-year record to read.

Worth knowing

  1. 01Costs 0.50% a year, above the broad-bond median and well above index aggregates such as BND, SPAB and SCHZ at 0.03%.
  2. 02No 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.
  3. 03Measured against the wider broad-bond field on cost and portfolio makeup, it sits toward the back of that group.

FISR Holdings

As of Aug 19, 2026, 3:00 AM
Asset class
Bonds
Holdings
9,917
Top-10 weight
101%
Largest holding
SPBO25.6%

Sectors

Geography

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001SPBOSTATE STREET SPDR PORTFOLIO CO25.61%—$161M2
002SPTISTATE STREET SPDR PORTFOLIO IN20.84%—$131M3
003SPTSSTATE STREET SPDR PORTFOLIO SH15.42%—$97M2
004SPMBSTATE STREET SPDR PORTFOLIO MO14.84%—$93M1
005SPTLSTATE STREET SPDR PORTFOLIO LO11.64%—$73M3
006SPHYSTATE STREET SPDR PORTFOLIO HI6.46%—$40M8
007EMHCSTATE STREET SPDR BLOOMBERG EM2.47%—$15M3
008TYU6US 10YR NOTE (CBT)SEP261.83%—$11M3
009LVLNSTATE STREET SPDR S+P LEVERAGE1.01%—$6M1
010—SSI US GOV MONEY MARKET CLASS0.57%—$4M—
011—US DOLLAR<0.01%—$13K—

Showing 1–11 of 11 holdings

FISR Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Performance data is unavailable.

Returns run to the last market 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.

Trailing total return for FISR. Periods over one year show the average yearly return.
PeriodFISR
Year to dateHistory unavailable—
1 monthHistory unavailable—
3 monthsHistory unavailable—
1 yearHistory unavailable—
3 yearsHistory unavailable—per year
5 yearsHistory unavailable—per year
10 yearsHistory unavailable—per year

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual return data is unavailable.

FISR in the news

ETF.net Research hasn’t filed on FISR yet — coverage lands here as it’s written.

FISR Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months

Distribution data unavailable.

FISR Risk

How much the fund’s monthly returns vary, scaled to a year.
—
No data available
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.

Return above 3-month US Treasury bills per unit of volatility.
—
No data available
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.

The largest fall from a peak to the low that followed.
—
No data available
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.

How strongly the fund’s returns move with its asset-class index.
1.02
vs its asset-class index
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

Expense Ratio
0.50%