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SPLS vs UCBG

PIMCO US Stocks PLUS Active Bond ETF

SPLSCCboe

State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF

UCBGANYSE Arca

Overlap

Expense ratio

UCBG −0.32pt a year

SPLS0.38%UCBG0.06%

Avg volume · 30D

UCBG 288.6×the volume

SPLS14.4KUCBG4.15M

SPLS vs UCBG Performance

Sep 30, 2026 – Oct 30, 2026

−1.2%SPLS−0.9%UCBG

Sep 30, 2026 to Oct 30, 2026. SPLS −1.2%. UCBG −0.9%. Use the arrow keys to read each point.0%0.5%1%1.5%2%Sep 30Oct 15Oct 30
Expense ratio
SPLS 0.38%
UCBG 0.06%, better
Fund size
SPLS $80M
UCBG $2.52B
Holdings
SPLS 15
UCBG 868
Avg volume (30D)
SPLS 14.4K sh
UCBG 4.15M sh, better
NAV per share
SPLS $55.53
UCBG $50.56
52W range

ETF.net Grade

SPLS: Cost 69, Risk 76, Mission 10, Tradability 48, Holdings 38, Durability 54. UCBG: Cost 100, Risk not scored, Mission 99, Tradability 99, Holdings 79, Durability 66.
Pillar letters and Scores for SPLS, UCBG, with each pillar’s weight
PillarSPLSUCBG
Cost30% weightB69A100Higher
Mission25% weightF10A99Higher
Risk15% weightA76Not scored
Tradability15% weightC48A99Higher
Holdings10% weightD38A79Higher
Durability5% weightC54B66Higher

Rank among Multi-Asset Allocation funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. SPLS and UCBG are both graded against the same 37 Multi-Asset Allocation funds, so their Grades compare head to head.

Multi-Asset Allocation⁠

Category · 37 funds
See all 37 ›

UCBG ranks 1st and SPLS 24th of 37 funds in the Multi-Asset Allocation Category.

  1. Rank 1AUCBGState Street SPDR UC Investments 90/10 Endowment Strategy Index ETFScore 95
  2. Rank 2AAOAiShares Core 80/20 Aggressive Allocation ETFScore 88
  3. Rank 23CPPIAstoria Real Assets ETFScore 49
  4. Rank 24CSPLSPIMCO US Stocks PLUS Active Bond ETFScore 48
  5. Rank 25CHECAHedgeye Capital Allocation ETFScore 41

Our read on each fund

ETF.net Research

SPLSCPIMCO US Stocks PLUS Active Bond ETF

UCBGAState Street SPDR UC Investments 90/10 Endowment Strategy Index ETF

In short

SPLS PIMCO's StocksPLUS idea, pioneered in 1986, finally in a US ETF: exposure to the 500 largest US companies out front, an actively managed PIMCO bond portfolio working underneath.

UCBG No data

Stated mandate

SPLS The Fund seeks two sources of exposure: U.S.-listed equities mainly representing the 500 largest companies by market capitalization, and fixed-income instruments of varying maturities, primarily through actively managed PIMCO fixed-income ETFs.

UCBG No data

Why people hold it

  • SPLS Two engines, one ticker: US large-cap equity exposure plus fixed income of varying maturities, run mainly through PIMCO's own actively managed bond ETFs.pimco.com
  • Charges 0.43% a year, roughly half the typical allocation fund's fee, for two sleeves that would otherwise mean buying a stock fund and a bond manager separately.
  • PIMCO pioneered the StocksPLUS approach in 1986 and lists SPLS as the ETF version of it, run by a team from its fixed income desk.pimco.com

UCBG No data

Worth knowing

  • SPLS Bonds cut both ways here. The fixed income sleeve can subtract from S&P 500 returns as easily as add, and stocks and bonds can fall in the same week.
  • Launched January 2026 and started small and thinly traded, so spreads can run wider than in established allocation funds.
  • Capital-efficient rivals go cheaper: NTSX and GDE both charge 0.20%. You are paying up for the active bond sleeve.

UCBG No data

Full SPLS profile⁠

Full UCBG profile⁠

SPLS vs UCBG 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.

SPLS vs UCBG Cost

Overpaying SPLS vs UCBG

$6,436

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

  • SPLS 0.38%

    $7,706

  • UCBG 0.06%

    $1,270

$10,000
30 years

Cost over time

  • SPLS 0.38%
  • UCBG 0.06%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530SPLS $7,706UCBG $1,270

Year by year

YearSPLSUCBGOverpaying
10$688$110$578
20$2,658$432$2,226
30$7,706$1,270$6,436

Expense ratio

  • 0.38%SPLS
  • 0.06%UCBG, cheaper
  • Middle half of Multi-Asset Allocation funds
  • Median 0.57%

UCBG cheapest of 37 funds

SPLS 12th cheapest of 37 funds

SPLS vs UCBG Dividends

Last 12 months to Oct 30, 2026
Last payment
SPLS $0.07
UCBG $0.04
Ex-dividend
SPLS Oct 1, 2026
UCBG Sep 21, 2026
Paid on
SPLS Oct 5, 2026
UCBG Sep 23, 2026
Frequency
SPLS Quarterly
UCBG Irregular

Distribution history

Per share, 2026, same scale for both

SPLSQuarterly · 3 paymentsAll SPLS payments⁠
One bar per payment. 3 payments in 2026 YTD. Apr 1, 2026 $0.12; Jul 1, 2026 $0.18; Oct 1, 2026 $0.07. Use the arrow keys to read each point.$0$0.202026YTD
UCBGIrregular · 1 paymentAll UCBG payments⁠
One bar per payment. 1 payment in 2026 YTD. Sep 21, 2026 $0.04. Use the arrow keys to read each point.$0$0.202026YTD

SPLS vs UCBG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
SPLS 1.01UCBG 0.00

SPLS and UCBG in the news

All news⁠

Popular comparisons

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    Expense ratio
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    Expense ratio
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    Category
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