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SPTU

GradeANew York Stock Exchange Arca

State Street SPDR Portfolio Ultra Short T-Bill ETF

Treasury & Government Bond · SPDR · Inception 2025-10-07

$25.06+0.00 (+0.01%)

As of Sep 23, 2026, 11:34 AM EDT

History starts Oct 8, 2025.History starts Oct 8, 2025.
Intraday session: up, 2 prints from 25.05 to 25.06. Range 25.05 to 25.06. Use the arrow keys to read each point.$25.05$25.05$25.05$25.0610 AM12 PM2 PM4 PM
Expense ratio
0.05%
Fund size
$14M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
46
Volume · 30D
0M sh
NAV per share
$25.05
52W range
low $24.97high $25.09

The ETF.net SPTU Grade

A

70/ 100

Rank 23 of 78 in Cash & Ultra-Short Income⁠

Confidence High

Six-pillar profile for SPTU. Scores out of 100: Cost 95, Risk 54, Mission 100, Tradability 15, Holdings 54, Durability 32. Strongest: Mission (100). Weakest: Tradability (15). Leans toward Mission and Cost.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 70 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 95
    Category rank5/78 · top 6%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank38/64 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 54
    Category rank27/75 · top 36%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 15
    Category rank69/78 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 54
    Category rank42/77 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 32
    Category rank64/78 · bottom quartile

Graded as of Sep 22, 2026

Our read on SPTU

ETF.net Research

AState Street already owns the T-bill aisle with BIL. SPTU is the house undercutting itself: the same firm's bill exposure at 0.05% a year, stretched across the whole one-to-twelve-month curve instead of just the front slice.

Stated mandate

The ETF seeks to provide investment results that generally correspond to the price and yield performance of the ICE BofA US Treasury Bill Index. It invests in U.S. Treasury bills with remaining maturities of at least one month and less than twelve months.

Why people hold it

  1. 01Charges 0.05% a year, roughly a third of the 0.14% on State Street's older, far larger bill fund BIL for a closely related job.ssga.com
  2. 02Owns the full bill curve, one month out to twelve, where most cash-parking rivals stop at three months. One ticker instead of a hand-built ladder.ssga.com
  3. 03Plain plumbing: a passive index fund holding roughly 50 US Treasury bills. No corporate paper, no derivatives overlay, no yield-chasing detour.
  4. 04Its portfolio matches the label it sells: the ICE BofA US Treasury Bill Index, and nothing hiding behind it.

Worth knowing

  1. 01Launched in October 2025, so the track record is thin and the fund is still building its asset base next to entrenched competitors.
  2. 02Thinly traded so far. Spreads can run wider and less predictable than in the category's most heavily traded names.
  3. 03Reaching out to twelve-month bills means slightly more price sensitivity to rate moves than 0-3 month funds like VBIL or CLIP, and payouts have not settled into a fixed schedule.

SPTU Holdings

As of Sep 21, 2026, 3:49 PM
Asset class
Bonds
Holdings
46
Top-10 weight
44%
Largest holding
TREASURY BILL 10/26 0.000006.9%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—TREASURY BILL 10/26 0.000006.92%0$988K19
002—TREASURY BILL 10/26 0.000005.80%0$829K25
003—TREASURY BILL 11/26 0.000004.68%0$668K16
004—TREASURY BILL 10/26 0.000004.55%0$649K17
005—TREASURY BILL 10/26 0.000003.81%0$544K16
006—TREASURY BILL 11/26 0.000003.80%0$542K21
007—TREASURY BILL 11/26 0.000003.80%0$542K34
008—TREASURY BILL 11/26 0.000003.79%0$542K19
009—TREASURY BILL 10/26 0.000003.72%0$531K19
010—TREASURY BILL 10/26 0.000003.62%0$517K17
011—TREASURY BILL 10/26 0.000003.44%0$492K27
012—TREASURY BILL 10/26 0.000003.44%0$491K21
013—TREASURY BILL 12/26 0.000003.43%0$490K17
014—TREASURY BILL 02/27 0.000002.73%0$390K9
015—TREASURY BILL 01/27 0.000002.51%0$358K13

Showing 1–15 of 42 holdings

SPTU Performance

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

SPTU$10,252
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. SPTU $10,252. SPY $11,430. Use the arrow keys to read each point.$9,119$10,381$11,642Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

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.

Trailing total return for SPTU. Periods over one year show the average yearly return.
PeriodSPTU
Year to date+2.5%
1 month+0.2%
3 months+0.9%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, 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 SPTU
YearReturn barSPTU
2026 YTD+2.5%
2025+0.9%

History from Oct 8, 2025

SPTU in the news

ETF.net Research hasn’t filed on SPTU yet — coverage lands here as it’s written.

SPTU 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 Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.07 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 11 payments from 2025 to 2026 YTD. Nov 3, 2025 $0.06; Dec 1, 2025 $0.08; Dec 18, 2025 $0.08; Feb 2, 2026 $0.08; Mar 2, 2026 $0.07; Apr 1, 2026 $0.07; May 1, 2026 $0.07; Jun 1, 2026 $0.08; Jul 1, 2026 $0.07; Aug 3, 2026 $0.08; Sep 1, 2026 $0.07. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 4, 2026$0.07
Aug 3, 2026Aug 6, 2026$0.08
Jul 1, 2026Jul 7, 2026$0.07
Jun 1, 2026Jun 4, 2026$0.08
May 1, 2026May 6, 2026$0.07
Apr 1, 2026Apr 6, 2026$0.07
Mar 2, 2026Mar 5, 2026$0.07
Feb 2, 2026Feb 5, 2026$0.08
Dec 18, 2025Dec 23, 2025$0.08
Dec 1, 2025Dec 4, 2025$0.08
Nov 3, 2025Nov 6, 2025$0.06

SPTU Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Oct 2025; fills in after 12 months
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.
—
Launched Oct 2025; fills in after 12 months
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.
—
Launched Oct 2025; fills in after 12 months
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.
0.002
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.

SPTU Cost

Expense ratio0.05%
  • The middle half of Cash & Ultra-Short Income funds
  • Median 0.19%

2 of the 77 Cash & Ultra-Short Income funds charge less.

SPTU costs $5.00 a year on $10,000. The median Cash & Ultra-Short Income fund costs $19.00.