State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
$32.47−0.23 (−0.72%)
- Expense ratio
- 0.04%
- Fund size
- $11.2B
- 1Y return
- +0.8%
- Yield · Last 12 months
- 4.57%
- Holdings
- 5400
- Volume · 30D
- 6.5M sh
- NAV per share
- $32.69
- 52W range
The ETF.net SPIB Grade
Score 81 of 100 sits in the A 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.AScore 79Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 98Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 65Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 82Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 73Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 79Category rank
Our read on SPIB
AThe middle of the corporate bond curve in one ticker: investment-grade company debt maturing in one to ten years, thousands of issues deep, for 0.04% a year. Trading since 2009.
The fund seeks to track the Bloomberg Intermediate US Corporate Index and provide exposure to U.S. corporate bonds with maturities of at least 1 year and less than 10 years.
Why people hold it
- 0.04% a year sits at the floor of the investment-grade corporate group, a hair off the cheapest name in the top tier (VCIT, 0.03%).
- One fund covers the whole 1-to-10-year span. iShares splits that same range across two tickers (IGSB for 1-5 years, IGIB for 5-10).
- Roughly 5,000 bonds spread single-issuer risk thin, and the fund has tracked its Bloomberg corporate benchmark closely.
- Heavily traded, pays monthly, and rates as one of the stronger implementations in the investment-grade corporate peer group.
Worth knowing
- Pure corporate credit. No Treasuries or agency paper in the mix to cushion a widening in company spreads.
- Intermediate maturities move more on rate swings than a short-dated corporate fund such as IGSB.
- The monthly payout floats with market yields and the bonds the index holds. It is not a fixed amount.
SPIB Holdings
- Bonds
- 5,400
- 3%
- MORGAN STANLEY BANK NA SR UNSECURED 01/29 VAR
Geography
- United States86.05%
- United Kingdom3.67%
- Canada3.36%
- Japan2.41%
- Spain0.75%
- Ireland0.74%
- Netherlands0.69%
- Australia0.47%
- 1.85%
SPIB 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 | SPIB |
|---|---|
| Year to date | −0.4% |
| 1 month | −0.8% |
| 3 months | −0.8% |
| 1 year | +0.8% |
| 3 years | +5.7% |
| 5 years | +1.4% |
| 10 years | +2.6% |
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 | SPIB |
|---|---|---|
| 2026 YTD | −0.4% | |
| 2025 | +7.9% | |
| 2024 | +4.3% | |
| 2023 | +7.3% | |
| 2022 | −9.7% | |
| 2021 | −1.2% | |
| 2020 | +7.7% |
SPIB in the news
ETF.net Research hasn’t filed on SPIB yet — coverage lands here as it’s written.
SPIB Dividends
- 4.57%
- $1.49
- $0.13 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.13 |
| Aug 3, 2026 | Aug 6, 2026 | $0.13 |
| Jul 1, 2026 | Jul 7, 2026 | $0.13 |
| Jun 1, 2026 | Jun 4, 2026 | $0.13 |
| May 1, 2026 | May 6, 2026 | $0.12 |
| Apr 1, 2026 | Apr 6, 2026 | $0.12 |
| Mar 2, 2026 | Mar 5, 2026 | $0.12 |
| Feb 2, 2026 | Feb 5, 2026 | $0.12 |
| Dec 18, 2025 | Dec 23, 2025 | $0.12 |
| Dec 1, 2025 | Dec 4, 2025 | $0.12 |
| Nov 3, 2025 | Nov 6, 2025 | $0.12 |
| Oct 1, 2025 | Oct 6, 2025 | $0.12 |
SPIB Risk
- 4.0%
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.
- 0.27
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.
- −14.5%
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.
- 0.69
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SPIB Cost
- The middle half of Investment Grade Corporate (5-10 Year) funds
- Median 0.19%
2 of the 9 Investment Grade Corporate (5-10 Year) funds charge less.