State Street SPDR Portfolio Long Term Treasury ETF
$24.52−0.42 (−1.70%)
- Expense ratio
- 0.03%
- Fund size
- $11.2B
- 1Y return
- −2.9%
- Yield · Last 12 months
- 4.39%
- Holdings
- 110
- Volume · 30D
- 5.7M sh
- NAV per share
- $24.94
- 52W range
The ETF.net SPTL Grade
Score 77 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 84Category 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.DScore 39Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 69Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 74Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 80Category rank
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
- 110
- 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$9,709
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 | SPTL |
|---|---|
| Year to date | −3.1% |
| 1 month | −0.2% |
| 3 months | −3.5% |
| 1 year | −2.9% |
| 3 years | +1.5% |
| 5 years | −7.3% |
| 10 years | −1.7% |
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 | −3.1% | |
| 2025 | +5.3% | |
| 2024 | −6.2% | |
| 2023 | +3.3% | |
| 2022 | −29.4% | |
| 2021 | −5.0% | |
| 2020 | +18.1% |
SPTL in the news
SPTL Dividends
- 4.39%
- $1.09
- $0.09 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.09 |
| Aug 3, 2026 | Aug 6, 2026 | $0.09 |
| Jul 1, 2026 | Jul 7, 2026 | $0.09 |
| Jun 1, 2026 | Jun 4, 2026 | $0.09 |
| May 1, 2026 | May 6, 2026 | $0.09 |
| Apr 1, 2026 | Apr 6, 2026 | $0.09 |
| Mar 2, 2026 | Mar 5, 2026 | $0.08 |
| Feb 2, 2026 | Feb 5, 2026 | $0.09 |
| Dec 18, 2025 | Dec 23, 2025 | $0.09 |
| Dec 1, 2025 | Dec 4, 2025 | $0.09 |
| Nov 3, 2025 | Nov 6, 2025 | $0.09 |
| Oct 1, 2025 | Oct 6, 2025 | $0.09 |
SPTL Risk
- 12.8%
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.
- −0.29
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.