State Street SPDR Portfolio Long Term Corporate Bond ETF
$20.50+0.01 (+0.05%)
- 0.04%
- $1.2B
- −6.4%
- 5.90%
- 2.8M sh
- $20.42
- low $20.09high $23.60
The ETF.net SPLB Grade
A
Score 74 out of 100
- 3 of 7
Score 74 of 100 falls in the A 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.A80 out of 100Rank 1 of 7Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 7Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C42 out of 100Rank 3 of 7Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B59 out of 100Rank 2 of 7Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A73 out of 100Rank 3 of 7Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A73 out of 100Rank 3 of 7
Our read on SPLB
ASPLB owns the long end of the corporate bond market, investment-grade debt maturing in 10 years or more, for four basis points a year. Maximum duration exposure at a near-free price.
The fund seeks to track the Bloomberg U.S. Long Term Corporate Bond Index, which represents U.S. corporate bonds with maturities of at least 10 years.
Why people hold it
- Charges 0.04% a year, far under the typical investment-grade corporate bond ETF.
- Roughly 2,900 bonds tracking the Bloomberg U.S. Long Term Corporate Bond Index, so no single issuer steers the fund.ssga.com
- Coupons pass through monthly, and the fund has been running since 2009 with steady trading volume behind it.
- Tracks its index tightly and ranks among the stronger builds in the investment-grade corporate group.
Worth knowing
- Ten-year-plus maturities swing hard when rates move. Intermediate SPIB or short-dated IGSB cover the same credit with far less rate sensitivity.
- Pure corporate credit, no Treasury ballast, so prices fall when spreads widen.
- US issuers only. No overseas corporate exposure here.
SPLB Holdings
- Bonds
- 2,965
- 3%
- Anheuser Busch Co/Inbev Company Guar 02/46 4.9
Geography
- United States91.44%
- Canada1.94%
- United Kingdom1.88%
- Netherlands0.80%
- Singapore0.66%
- Japan0.64%
- Australia0.49%
- Luxembourg0.41%
- 1.74%
SPLB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SPLB$9,363
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 | SPLB |
|---|---|
| Year to date | −5.4% |
| 1 month | −2.0% |
| 3 months | −5.0% |
| 1 year | −6.4% |
| 3 years | +4.8% |
| 5 years | −3.5% |
| 10 years | +1.2% |
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 | SPLB |
|---|---|---|
| 2026 YTD | −5.4% | |
| 2025 | +7.0% | |
| 2024 | −1.7% | |
| 2023 | +11.2% | |
| 2022 | −25.7% | |
| 2021 | −2.0% | |
| 2020 | +13.5% |
SPLB in the news
SPLB Dividends
- 5.90%
- $1.21
- $0.10 per share
- Monthly
Distribution history
SPLB Risk
- 11.6%
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.
- −0.001
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.
- −34.3%
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.
- 1.97
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SPLB Cost
0.04%
SPLB0.04%
- The middle half of Investment Grade Corporate (10+ Year) funds
- Median 0.15%
1 of the 7 Investment Grade Corporate (10+ Year) funds charge less.
Other funds in Investment Grade Corporate (10+ Year)
- AIGLBiShares 10+ Year Investment Grade Corporate Bond ETFExpense ratio 0.04%1 year return −6.1%
- AVCLTVanguard Long-Term Corporate Bond ETFExpense ratio 0.03%1 year return −6.2%
- BZTENF/M 10-Year Investment Grade Corporate Bond EtfExpense ratio 0.15%1 year return −2.7%
- BLKORNorthern Trust Credit-Scored US Long Corporate Bond ETFExpense ratio 0.16%1 year return −6.7%
- CBBBLBondBloxx BBB Rated 10+ Year Corporate Bond ETFExpense ratio 0.19%1 year return −6.0%