State Street SPDR Portfolio Short Term Corporate Bond ETF
$29.610.00 (0.00%)
- 0.04%
- $11.1B
- +2.3%
- 4.38%
- 5.1M sh
- $29.59
- low $29.45high $30.34
The ETF.net SPSB Grade
A
Score 79 out of 100
- 4 of 24
Score 79 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.A93 out of 100Rank 1 of 24Mission
Whether the fund did what it promised, tested against its stated mandate.A70 out of 100Rank 12 of 15Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B57 out of 100Rank 6 of 24Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A93 out of 100Rank 1 of 24Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A73 out of 100Rank 8 of 24Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A83 out of 100Rank 4 of 24
Our read on SPSB
AThe short end of the corporate bond market, bought wholesale: roughly 1,600 investment-grade corporate bonds maturing in one to three years, for four basis points. Built as a cash-adjacent building block, not a yield swing.
The fund seeks to track the price and yield performance of the Bloomberg U.S. 1-3 Year Corporate Bond Index before fees and expenses.
Why people hold it
- Costs 0.04% a year against a 0.19% median for investment-grade corporate bond funds. At the short end, where yields are thin, that gap is a real slice of what you keep.
- Nothing in the index matures past three years, so rate moves push the price around less than they do at intermediate corporate funds like SPIB or VCIT.ssga.com
- Roughly 1,600 bonds, market-cap weighted, reconstituted at each month end, with a $300 million minimum issue size. Income arrives monthly.ssga.com
- Trading since 2009 and now a multi-billion-dollar fund that changes hands actively, one of the sturdier implementations in its peer group.
Worth knowing
- Pure corporate credit, no Treasury ballast. Investment-grade paper still reprices when spreads widen, short maturities or not.ssga.com
- Bonds roll off fast and get replaced at whatever the market pays, so the income stream follows prevailing rates in both directions.ssga.com
- The manager samples the index rather than buying every bond in it, so the portfolio can drift modestly from the benchmark.sec.gov
SPSB Holdings
- Bonds
- 1,661
- 4%
- Salesforce Inc Sr Unsecured 03/29 4.65
Geography
- United States83.17%
- United Kingdom4.91%
- Canada4.50%
- Japan2.43%
- Ireland0.95%
- Spain0.92%
- Netherlands0.80%
- Australia0.68%
- 1.63%
SPSB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SPSB$10,234
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 | SPSB |
|---|---|
| Year to date | +1.3% |
| 1 month | +0.1% |
| 3 months | +0.2% |
| 1 year | +2.3% |
| 3 years | +5.1% |
| 5 years | +2.8% |
| 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 | SPSB |
|---|---|---|
| 2026 YTD | +1.3% | |
| 2025 | +5.9% | |
| 2024 | +5.2% | |
| 2023 | +5.6% | |
| 2022 | −3.3% | |
| 2021 | −0.2% | |
| 2020 | +3.8% |
SPSB in the news
SPSB Dividends
- 4.38%
- $1.30
- $0.11 per share
- Monthly
Distribution history
SPSB Risk
- 1.7%
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.
- −5.7%
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.
- 0.25
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SPSB Cost
0.04%
SPSB0.04%
- The middle half of Investment Grade Corporate (0-5 Year) funds
- Median 0.15%
2 of the 23 Investment Grade Corporate (0-5 Year) funds charge less.
Other funds in Investment Grade Corporate (0-5 Year)
- AVCSHVanguard Short-Term Corporate Bond ETFExpense ratio 0.03%1 year return +1.4%
- ASCHJSchwab 1-5 Year Corporate Bond ETFExpense ratio 0.03%1 year return +1.4%
- BLDRCiShares iBonds 1-5 Year Corporate Ladder ETFExpense ratio 0.10%1 year return +1.5%
- BSUSBiShares ESG Aware 1-5 Year USD Corporate Bond ETFExpense ratio 0.12%1 year return +1.2%
- BDFSDDimensional - Short Duration Fixed Income ETFExpense ratio 0.17%1 year return +1.0%