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Launched

State Street SPDR Portfolio Treasury ETF

SPTBNYSE ArcaSPDRA

$29.25−0.08 (−0.27%)

At close: Nov 3, 2026, 4:00 PM ET

A78/ 100

Rank 2 of 16 in US Treasury & Government

A78/100Rank 2 of 16inUS Treasury & Government
Intraday session: down, 78 prints from 29.33 to 29.25. Range 29.23 to 29.28. Use the arrow keys to read each point.29.2829.3010 AM12 PM2 PM4 PM
Expense ratio
0.03%
Fund size
$463M
1Y total return
−0.1%
Yield · Last 12 months
4.60%
Holdings
289
Avg volume · 30D
128K sh
52W range
low $28.63high $30.96
Launched

The ETF.net SPTB Grade

A

Score 78 out of 100

Category
US Treasury & Government⁠
Rank
2 of 16
Six-pillar profile for SPTB. Scores out of 100: Cost 97, Risk 40, Mission 95, Tradability 55, Holdings 85, Durability 51. Strongest: Cost (97). Weakest: Risk (40). Leans toward Cost and Mission.

Score 78 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.
    A97 out of 100
    Rank 1 of 16

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A95 out of 100
    Rank 4 of 11

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C40 out of 100
    Rank 11 of 16

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B55 out of 100
    Rank 6 of 16

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A85 out of 100
    Rank 1 of 16

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C51 out of 100
    Rank 10 of 16

Our read on SPTB

ETF.net Research

In short

AState Street's Treasury slice of the Agg in one ticker: the whole curve from a year out to the long end, roughly 300 bonds, for three basis points. It arrived in 2024 as the Treasury building block in the SPDR Portfolio suite.

Stated mandate

The fund seeks to track, before fees and expenses, the price and yield performance of the Bloomberg U.S. Treasury Index and provides exposure to U.S. Treasuries with at least one year remaining to maturity.

Why people hold it

  • Three basis points. The typical fund in the Treasury cohort charges about five times that, and SPTB undercuts iShares' GOVT at five while tying Vanguard's VTG.
  • One ticker covers the full Treasury curve, everything with at least a year to maturity, instead of stacking separate short, intermediate and long sleeves.ssga.com
  • Plain index replication of the Bloomberg U.S. Treasury Index: government paper only, no credit sleeve, no derivatives overlay in the mandate.ssga.com
  • Pays income monthly, and the implementation ranks in the top quartile of its Treasury peer group on our review.

Worth knowing

  • Full-curve means long bonds are in the mix, so the price swings with interest rates far more than a short-term Treasury fund does.
  • It launched in 2024, so the live record is short next to cohort veterans that have traded through multiple rate cycles.
  • Moderately traded rather than the volume leader in its category, so bigger orders are worth routing with limits and a glance at the spread.

SPTB Holdings

Holdings pillarA85 out of 100Rank 1 of 16 in US Treasury & Government
Asset class
Bonds
Holdings
289
Top-10 weight
8%
Largest holding
Us Dollar0.9%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 20.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataUs Dollar0.93%0$4.35M244
2No dataUs Treasury N/B 02/35 4.6250.83%0$3.9M37
3No dataUs Treasury N/B 02/34 40.78%0$3.65M39
4No dataUs Treasury N/B 02/36 4.1250.77%0$3.61M54
5No dataUs Treasury N/B 11/33 4.50.77%0$3.61M36
6No dataUs Treasury N/B 08/36 4.6250.76%0$3.55M55
7No dataUs Treasury N/B 08/35 4.250.75%0$3.52M44
8No dataUs Treasury N/B 05/34 4.3750.74%0$3.49M38
9No dataUs Treasury N/B 05/36 4.3750.73%0$3.44M48
10No dataUs Treasury N/B 02/33 3.50.73%0$3.43M34
11No dataUs Treasury N/B 11/34 4.250.72%0$3.39M38
12No dataUs Treasury N/B 08/34 3.8750.71%0$3.32M37
13No dataUs Treasury N/B 08/33 3.8750.71%0$3.31M40
14No dataUs Treasury N/B 05/35 4.250.70%0$3.27M43
15No dataUs Treasury N/B 11/35 40.69%0$3.22M51

Showing 1–15 of 289 holdings

SPTB Performance

Launched May 20, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
SPTB$9,987
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. SPTB $9,987. SPY $11,146. Use the arrow keys to read each point.$10,000$11,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 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.

Trailing total return for SPTB. Periods over one year show the average yearly return.
PeriodSPTB
Year to date−0.3%
1 month+2.4%
3 months+0.4%
1 year−0.1%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SPTB
YearReturn barSPTB
2026 YTD−0.3%
2025+6.1%
2024+2.2%

History from May 21, 2024

SPTB in the news

SPTB Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 2, 2026.
4.60%Last 12 months
Payout per share
$1.35Last 12 months
Upcoming payment
$0.11 per share
Pays on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2024–2026

One bar per payment. 30 payments from 2024 to 2026 YTD. Jun 3, 2024 $0.04; Jul 1, 2024 $0.11; Aug 1, 2024 $0.12; Sep 3, 2024 $0.11; Oct 1, 2024 $0.11; Nov 1, 2024 $0.11; Dec 2, 2024 $0.11; Dec 19, 2024 $0.11; Feb 3, 2025 $0.11; Mar 3, 2025 $0.10; Apr 1, 2025 $0.11; May 1, 2025 $0.11; Jun 2, 2025 $0.11; Jul 1, 2025 $0.11; Aug 1, 2025 $0.11; Sep 2, 2025 $0.11; Oct 1, 2025 $0.11; Nov 3, 2025 $0.11; Dec 1, 2025 $0.10; Dec 18, 2025 $0.11; Feb 2, 2026 $0.11; Mar 2, 2026 $0.10; Apr 1, 2026 $0.10; May 1, 2026 $0.10; Jun 1, 2026 $0.10; Jul 1, 2026 $0.10; Aug 3, 2026 $0.10; Sep 1, 2026 $0.10; Oct 1, 2026 $0.10; Nov 2, 2026 $0.11. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 5, 2026$0.11
Oct 1, 2026Oct 6, 2026$0.10
Sep 1, 2026Sep 4, 2026$0.10
Aug 3, 2026Aug 6, 2026$0.10
Jul 1, 2026Jul 7, 2026$0.10
Jun 1, 2026Jun 4, 2026$0.10
May 1, 2026May 6, 2026$0.10
Apr 1, 2026Apr 6, 2026$0.10
Mar 2, 2026Mar 5, 2026$0.10
Feb 2, 2026Feb 5, 2026$0.11
Dec 18, 2025Dec 23, 2025$0.11
Dec 1, 2025Dec 4, 2025$0.10

See all 30 payments⁠

$10,000 in SPTB 1 year ago paid $440 in dividends.⁠

SPTB Risk

Risk pillarC40 out of 100Rank 11 of 16 in US Treasury & Government
How much the fund’s monthly returns vary, scaled to a year.
4.4%
Annualised · 29 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
−0.19
vs 3-month T-bills · 29 months to Oct 2026
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.

The largest fall from a peak to the low that followed.
−5.0%
29 months · trough Jan 2025
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.

How strongly the fund’s returns move with its asset-class index.
0.07
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

SPTB Cost

Tied cheapest in US Treasury & Government

$638

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SPTB 0.03%

    $638

$10,000
30 years

Cost over time

  • SPTB 0.03%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$200$400$600$800051015202530SPTB $638

Year by year

YearSPTB
10$55
20$216
30$638

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