State Street SPDR Portfolio Short Term Treasury ETF
$28.65−0.07 (−0.23%)
- Expense ratio
- 0.03%
- Fund size
- $7.5B
- 1Y return
- +1.7%
- Yield · Last 12 months
- 3.88%
- Holdings
- 112
- Volume · 30D
- 1.9M sh
- NAV per share
- $28.70
- 52W range
The ETF.net SPTS Grade
Score 80 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 89Category 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.CScore 51Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 61Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 76Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 74Category rank
Our read on SPTS
AU.S. Treasury notes maturing in one to three years, wrapped at three basis points. SPTS sits in the cheapest tier of the short-Treasury aisle, charging a fifth of the category median for the same plain-vanilla job.
The fund seeks to track the price and yield performance of the Bloomberg 1-3 Year U.S. Treasury Index before fees and expenses, providing exposure to U.S. Treasury securities with remaining maturities between 1 and 3 years.
Why people hold it
- Charges 0.03% a year against a 0.15% median for short-Treasury funds. On cash-like money, the fee line is the part that doesn't drift.
- Follows the Bloomberg 1-3 Year U.S. Treasury Index closely, one of the tightest index fits among its short-Treasury peers.ssga.com
- Roughly 100 U.S. Treasury notes and nothing else. No corporates, no mortgages, no credit surprises hiding in the basket. Distributions land monthly.
- Trading since 2011 and now a multi-billion-dollar, actively traded fund, so it isn't a thin newcomer you have to nurse in and out of.
Worth knowing
- Short maturities dampen price swings, they don't erase them. When short-term rates move, the fund's price and its payouts move too.
- Government paper only, so there's no credit spread in the income. The yield is whatever the front end of the Treasury curve is paying.
- VGSH and SCHO match the 0.03% fee on the same slice of the curve. Cost alone won't separate them; execution and platform access will.
SPTS Holdings
- Bonds
- 112
- 14%
- US TREASURY N/B 01/28 3.5
Geography
- United States100.00%
SPTS Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SPTS$10,173
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 | SPTS |
|---|---|
| Year to date | +0.6% |
| 1 month | −0.5% |
| 3 months | +0.1% |
| 1 year | +1.7% |
| 3 years | +4.2% |
| 5 years | +1.9% |
| 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 | SPTS |
|---|---|---|
| 2026 YTD | +0.6% | |
| 2025 | +5.0% | |
| 2024 | +4.2% | |
| 2023 | +4.3% | |
| 2022 | −3.9% | |
| 2021 | −0.7% | |
| 2020 | +3.2% |
SPTS in the news
SPTS Dividends
- 3.88%
- $1.11
- $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 | $0.10 |
| Dec 18, 2025 | Dec 23, 2025 | $0.10 |
| Dec 1, 2025 | Dec 4, 2025 | $0.09 |
| Nov 3, 2025 | Nov 6, 2025 | $0.10 |
| Oct 1, 2025 | Oct 6, 2025 | $0.10 |
SPTS 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.
- −0.24
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.
- −5.6%
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.
- 0.23
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SPTS Cost
0.03%
SPTS0.03%
- The middle half of Treasuries (1-3 Year) funds
- Median 0.15%
No Treasuries (1-3 Year) fund charges less.