State Street Short Duration IG Public & Private Credit ETF
$24.66−0.10 (−0.41%)
- Expense ratio
- 0.45%
- Fund size
- $116M
- 1Y return
- +2.6%
- Yield · Last 12 months
- Data unavailable
- Holdings
- 131
- Volume · 30D
- 0.1M sh
- NAV per share
- $24.77
- 52W range
The ETF.net PRSD Grade
Score 27 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.FScore 4Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 69Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 34Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 25Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 33Category rank
Our read on PRSD
DWall Street's public-private mashup on a short leash: an actively managed bond ETF that pairs investment-grade public debt with private credit while targeting a one- to three-year duration.
The fund is actively managed and invests primarily in investment-grade debt securities, including public and private credit. It seeks to maintain a one- to three-year duration.
Why people hold it
- Private credit normally lives behind institutional minimums and lock-ups. Here it sits inside a daily-traded ETF, alongside public investment-grade bonds.investors.statestreet.com
- The mandate targets a one- to three-year duration, which mechanically dials down interest-rate sensitivity compared with core bond funds reaching out a decade or more.ssga.com
- Active, but measurable: it runs against the Bloomberg US Aggregate 1-3 Year Bond Index and spreads risk across roughly 140 positions rather than a handful of bets.
Worth knowing
- 0.45% a year is more than double the typical investment-grade corporate bond ETF's 0.19%, and index staples like VCIT and IGSB charge roughly 0.03% to 0.04%. That gap is the toll for the private sleeve.
- The private holdings don't change hands on an exchange, so part of the portfolio is marked off arranged bids and models instead of continuous public quotes.ssga.com
- It launched in September 2025, so there's no multi-year record showing how the public-versus-private mix behaves across a full credit cycle.investors.statestreet.com
PRSD Holdings
- Bonds
- 131
- 54%
- TREASURY NOTE 3.75 12/31/2028
Geography
- United States100.00%
PRSD Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | PRSD |
|---|---|
| Year to date | +1.5% |
| 1 month | −0.4% |
| 3 months | +0.1% |
| 1 year | +2.6% |
| 3 years | — |
| 5 years | — |
| 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 | PRSD |
|---|---|---|
| 2026 YTD | +1.5% | |
| 2025 | +1.3% |
PRSD in the news
ETF.net Research hasn’t filed on PRSD yet — coverage lands here as it’s written.
PRSD Dividends
- $0.09 per share
- Monthly
Distribution data unavailable.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.09 |
| Aug 3, 2026 | Aug 6, 2026 | $0.09 |
| Jul 1, 2026 | Jul 7, 2026 | $0.09 |
| Jun 1, 2026 | Jun 4, 2026 | $0.09 |
| May 1, 2026 | May 6, 2026 | $0.09 |
| Apr 1, 2026 | Apr 6, 2026 | $0.09 |
| Mar 2, 2026 | Mar 5, 2026 | $0.08 |
| Feb 2, 2026 | Feb 5, 2026 | $0.09 |
| Dec 18, 2025 | Dec 23, 2025 | $0.09 |
| Dec 1, 2025 | Dec 4, 2025 | $0.08 |
| Nov 3, 2025 | Nov 6, 2025 | $0.08 |
| Oct 1, 2025 | Oct 6, 2025 | $0.06 |
PRSD Risk
- —
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.
- —
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.
- −0.7%
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.
- 0.06
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PRSD Cost
- The middle half of Investment Grade Corporate (0-5 Year) funds
- Median 0.15%
21 of the 23 Investment Grade Corporate (0-5 Year) funds charge less.