State Street SPDR Portfolio Long Term Treasury ETF
$24.00+0.10 (+0.42%)
- 0.03%
- $11.2B
- −8.6%
- 4.58%
- 7.4M sh
- $23.87
- low $23.46high $27.70
The ETF.net SPTL Grade
A
Score 77 out of 100
- 1 of 6
Score 77 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.A84 out of 100Rank 1 of 6Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 6Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D34 out of 100Rank 5 of 6Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A71 out of 100Rank 1 of 6Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A75 out of 100Rank 1 of 6Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A80 out of 100Rank 2 of 6
Our read on SPTL
APure duration, cheap. SPTL holds every US Treasury with 10 or more years left to run and charges 0.03% to do it. The long end of the curve as a plain building block, running since 2007.
The fund seeks to track, before fees and expenses, the price and yield performance of the Bloomberg Long U.S. Treasury Index.
Why people hold it
- Three basis points, a quarter of the typical fee among Treasury funds. It is one of State Street's Portfolio ETFs, the suite built as low-cost core exposure.ssga.com
- Covers the whole long end, not one slice: roughly 110 Treasuries with 10-plus years to maturity, market-cap weighted and reconstituted at each month's end.ssga.com
- A multi-billion-dollar fund that trades very actively, tracks its index closely, and pays monthly. Among the stronger implementations in its Treasury peer group.
Worth knowing
- Long bonds move. State Street notes the fund may be more sensitive to interest rate swings than shorter-duration vehicles, and it sits at the volatile end of Treasury funds.ssga.com
- Government paper only. No corporate credit and no inflation adjustment, so peers like VCSH or SCHP cover different ground.
SPTL Holdings
- Bonds
- 103
- 21%
- Us Treasury N/B 05/56 5
Geography
- United States100.00%
SPTL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SPTL$9,138
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 | SPTL |
|---|---|
| Year to date | −6.8% |
| 1 month | −2.8% |
| 3 months | −5.9% |
| 1 year | −8.6% |
| 3 years | +1.9% |
| 5 years | −7.2% |
| 10 years | −1.8% |
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 | SPTL |
|---|---|---|
| 2026 YTD | −6.8% | |
| 2025 | +5.3% | |
| 2024 | −6.2% | |
| 2023 | +3.3% | |
| 2022 | −29.4% | |
| 2021 | −5.0% | |
| 2020 | +18.1% |
SPTL in the news
SPTL Dividends
- 4.58%
- $1.10
- $0.09 per share
- Monthly
Distribution history
SPTL Risk
- 12.4%
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.
- −0.23
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.
- −41.0%
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.
- 2.25
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SPTL Cost
0.03%
SPTL0.03%
- The middle half of Treasuries (10-20 Year) funds
- Median 0.10%
No Treasuries (10-20 Year) fund charges less.
Other funds in Treasuries (10-20 Year)
- ASCHQSchwab Long-Term U.S. Treasury ETFExpense ratio 0.03%1 year return −8.6%
- BXTENBondBloxx Bloomberg Ten Year Target Duration US Treasury ETFExpense ratio 0.07%1 year return −5.8%
- BTLHiShares 10-20 Year Treasury Bond ETFExpense ratio 0.15%1 year return −7.3%
- CLLDRGlobal X - Long-Term Treasury Ladder ETFExpense ratio 0.12%1 year return −8.3%
- CLFDRStone Ridge Trust - LifeX Durable Income ETFExpense ratio 0.25%1 year return −7.1%