State Street SPDR Portfolio Short Term Corporate Bond ETF
$29.61−0.09 (−0.29%)
- Expense ratio
- 0.04%
- Fund size
- $10.8B
- 1Y return
- +2.4%
- Yield · Last 12 months
- 4.38%
- Holdings
- 1688
- Volume · 30D
- 4.6M sh
- NAV per share
- $29.68
- 52W range
The ETF.net SPSB Grade
Score 88 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 93Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 72Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 89Category 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 83Category rank
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
- 1,688
- 4%
- SALESFORCE INC SR UNSECURED 03/29 4.65
Geography
- United States83.38%
- United Kingdom4.74%
- Canada4.28%
- Japan2.63%
- Spain0.91%
- Ireland0.88%
- Netherlands0.79%
- Australia0.75%
- 1.64%
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$10,242
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 | SPSB |
|---|---|
| Year to date | +1.2% |
| 1 month | −0.5% |
| 3 months | +0.3% |
| 1 year | +2.4% |
| 3 years | +5.1% |
| 5 years | +2.7% |
| 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 | +1.2% | |
| 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
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.11 |
| Aug 3, 2026 | Aug 6, 2026 | $0.11 |
| Jul 1, 2026 | Jul 7, 2026 | $0.11 |
| Jun 1, 2026 | Jun 4, 2026 | $0.11 |
| May 1, 2026 | May 6, 2026 | $0.11 |
| Apr 1, 2026 | Apr 6, 2026 | $0.10 |
| Mar 2, 2026 | Mar 5, 2026 | $0.11 |
| Feb 2, 2026 | Feb 5, 2026 | $0.11 |
| Dec 18, 2025 | Dec 23, 2025 | $0.11 |
| Dec 1, 2025 | Dec 4, 2025 | $0.11 |
| Nov 3, 2025 | Nov 6, 2025 | $0.11 |
| Oct 1, 2025 | Oct 6, 2025 | $0.11 |
SPSB Risk
- 1.6%
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.
- 0.38
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.
- −5.9%
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.