AFIX vs SPAB: Grades, Fees and Holdings Compared

Allspring Broad Market Core Bond ETF

AFIXBNYSE Arca

State Street SPDR Portfolio Aggregate Bond ETF

SPABANYSE Arca

Overlap

No data

Expense ratio

SPAB −0.17pt a year

AFIX0.20%SPAB0.03%

Avg volume · 30D

SPAB 162.2×the volume

AFIX19.2KSPAB3.11M

AFIX vs SPAB Performance

Oct 31, 2025 – Oct 30, 2026

0.0%AFIX−0.2%SPAB

Expense ratio: AFIX 0.20%; SPAB 0.03%, better
Fund size: AFIX $202M; SPAB $10.4B
1Y total return: AFIX 0.0%, better; SPAB −0.2%
Yield (12M): AFIX 5.01%, better; SPAB 4.20%
Holdings: AFIX 584; SPAB 8697
Avg volume (30D): AFIX 19.2K sh; SPAB 3.11M sh, better
NAV per share: AFIX $24.08; SPAB $24.78
52W range

ETF.net Grade

Pillar letters and Scores for AFIX, SPAB, with each pillar’s weight
Pillar	AFIX	SPAB
Cost30% weight	A73	A97Higher
Mission25% weight	A100	A100
Risk15% weight	C40	C47Higher
Tradability15% weight	D25	A90Higher
Holdings10% weight	B68	A76Higher
Durability5% weight	D31	A91Higher

Rank among US Aggregate Bond funds

How we build Categories ›

Same Category. AFIX and SPAB are both graded against the same 114 US Aggregate Bond funds, so their Grades compare head to head.

US Aggregate Bond⁠

Category · 114 funds

See all 114 ›

SPAB ranks 2nd and AFIX 46th of 114 funds in the US Aggregate Bond Category.

Rank 1AAGGiShares Core U.S. Aggregate Bond ETFScore 87
Rank 2AIUSBiShares Core Universal USD Bond ETFScore 86
Rank 2ASCHZSchwab U.S. Aggregate Bond ETFScore 86
Rank 2ASPABState Street SPDR Portfolio Aggregate Bond ETFScore 86
Rank 5ABNDVanguard Total Bond Market ETFScore 85
Rank 45BJCPBJPMorgan Core Plus Bond ETFScore 65
Rank 46BAFIXAllspring Broad Market Core Bond ETFScore 64
Rank 46BBLSTBluemonte Short Term Bond ETFScore 64

Our read on each fund

ETF.net Research

AFIXBAllspring Broad Market Core Bond ETF

SPABAState Street SPDR Portfolio Aggregate Bond ETF

In short

AFIX No data

SPAB A 2007-vintage core bond fund priced at 0.03%: roughly 8,500 US investment-grade bonds in one ticket, at the same rock-bottom fee the household names charge for the same index.

Stated mandate

AFIX No data

SPAB The fund seeks to track the price and yield performance of the Bloomberg U.S. Aggregate Bond Index before fees and expenses, providing broad exposure to U.S.-dollar-denominated investment-grade bonds.

Why people hold it

AFIX No data

SPAB 0.03% a year against a 0.36% median for its peer group, and the same ticket price as AGG, SCHZ and BBAG on the identical index.
Roughly 8,500 dollar-denominated investment-grade bonds in one line item, tracking the Bloomberg U.S. Aggregate Bond Index. Diversification you could not assemble bond by bond.ssga.com
Trades actively and has tracked its index closely, putting it among the stronger implementations in the core-bond group.
Running since 2007, now a multi-billion-dollar fund, and it pays monthly rather than quarterly.

Worth knowing

AFIX No data

SPAB Bond prices move opposite yields. When rates rise the index falls and the fund follows it down; a 0.03% fee cannot cushion that.
AGG, SCHZ and BBAG hold the same declared index at the same 0.03%. Picking among them comes down to spreads and platform, not the portfolio.
Investment grade and US dollar only by mandate: high yield and foreign-currency debt sit outside the remit.ssga.com

Full AFIX profile⁠

Full SPAB profile⁠

AFIX vs SPAB Holdings

How AFIX and SPAB differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Countryby domicile97.3%
Asset classFixed Income100%

Sector

No Sector split for AFIX and SPAB.

Country, concentration and asset class

Country by domicile

Country weights in AFIX and SPAB, widest gap first
Country	More in AFIXMore in SPAB	AFIX	SPAB
United States	AFIX +1.8 points	96.0%	94.2%
Other countries (30)	SPAB +1.8 points	4.0%	5.8%

Concentration

Weight in the 10 largest Holdings

AFIX18.9%
SPAB6.7%

Securities held

AFIX399
SPAB8,631

Asset class

AFIX: Fixed Income
SPAB: Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. AFIX holds 399 securities, SPAB 8,631.

All 585 AFIX holdings⁠All 8,718 SPAB holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AFIX vs SPAB Cost

Overpaying AFIX vs SPAB

$3,517

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

AFIX 0.20%
$4,155
SPAB 0.03%
$638

Amount$10,000

Years30 years

Cost over time

AFIX 0.20%
SPAB 0.03%
Overpaying

Year by year

Year	AFIX	SPAB	Overpaying
10	$365	$55	$310
20	$1,421	$216	$1,205
30	$4,155	$638	$3,517

Expense ratio

0.20%AFIX
0.03%SPAB, cheaper

SPAB0.03%AFIX0.20%

0.00%1.04%

Middle half of US Aggregate Bond funds
Median 0.34%

SPAB 2nd cheapest of 114 funds

AFIX 31st cheapest of 114 funds

AFIX vs SPAB Dividends

Last 12 months to Oct 30, 2026

Yield (12M): AFIX 5.01%, better; SPAB 4.20%
Payout (12M): AFIX $1.21; SPAB $1.04
Last payment: AFIX $0.08; SPAB $0.09
Ex-dividend: AFIX Oct 23, 2026; SPAB Oct 1, 2026
Paid on: AFIX Oct 27, 2026; SPAB Oct 6, 2026
Frequency: AFIX Monthly; SPAB Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

AFIXMonthly · 24 paymentsAll AFIX payments⁠

SPABMonthly · 45 paymentsAll SPAB payments⁠

AFIX vs SPAB Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: AFIX 4.4%since Jan 2025SPAB 5.6%
Return per unit of riskSharpe ratio, 3 years: AFIX −0.04since Jan 2025SPAB 0.17
Worst fallMax drawdown, 5 years: AFIX −5.1%since Dec 2024SPAB −17.4%
Market sensitivityBeta, 5 years: AFIX 0.04SPAB 1.00; Market = 1

AFIX and SPAB in the news

All news⁠

Filings Digest
AllianceBernstein's AB US Research Advanced ETF began trading on Nasdaq Monday
Oct 27, 2026SPAB
Best ETFs
Best bond ETFs: LQD, HYG and TLT cost more than the funds beside them
Updated Oct 2, 2026SPAB

Popular comparisons

AFIXBvsAGGA
Allspring Broad Market Core Bond ETF · iShares Core U.S. Aggregate Bond ETF
Expense ratio
0.20% · 0.03%
Category
SPABAvsAGGA
State Street SPDR Portfolio Aggregate Bond ETF · iShares Core U.S. Aggregate Bond ETF
Expense ratio
0.03% · 0.03%
Category
AFIXBvsIUSBA
Allspring Broad Market Core Bond ETF · iShares Core Universal USD Bond ETF
Expense ratio
0.20% · 0.06%
Category
SPABAvsIUSBA
State Street SPDR Portfolio Aggregate Bond ETF · iShares Core Universal USD Bond ETF
Expense ratio
0.03% · 0.06%
Category
AFIXBvsSCHZA
Allspring Broad Market Core Bond ETF · Schwab U.S. Aggregate Bond ETF
Expense ratio
0.20% · 0.03%
Category
SPABAvsSCHZA
State Street SPDR Portfolio Aggregate Bond ETF · Schwab U.S. Aggregate Bond ETF
Expense ratio
0.03% · 0.03%
Category

AFIX vs SPAB

In short

Stated mandate

Why people hold it

Worth knowing

How AFIX and SPAB differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

AllianceBernstein's AB US Research Advanced ETF began trading on Nasdaq Monday

Best bond ETFs: LQD, HYG and TLT cost more than the funds beside them

How AFIX and SPAB differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings