SPTI vs USIN: Grades, Fees and Holdings Compared

State Street SPDR Portfolio Intermediate Term Treasury ETF

SPTIANYSE Arca

WisdomTree 7-10 Year Laddered Treasury Fund

USINCNasdaq

Overlap

No data

Expense ratio

SPTI −0.12pt a year

SPTI0.03%USIN0.15%

Avg volume · 30D

SPTI 2377.9×the volume

SPTI3.28MUSIN1.38K

SPTI vs USIN Performance

Oct 31, 2025 – Oct 30, 2026

−0.3%SPTI−1.6%USIN

Expense ratio: SPTI 0.03%, better; USIN 0.15%
Fund size: SPTI $12.1B; USIN $6M
1Y total return: SPTI −0.3%, better; USIN −1.6%
Yield (12M): SPTI 3.95%; USIN 4.16%, better
Holdings: SPTI 105; USIN 14
Avg volume (30D): SPTI 3.28M sh, better; USIN 1.38K sh
NAV per share: SPTI $27.67; USIN $48.08
52W range

ETF.net Grade

Pillar letters and Scores for SPTI, USIN, with each pillar’s weight
Pillar	SPTI	USIN
Cost30% weight	A92Higher	D28
Mission25% weight	A100Higher	A98
Risk15% weight	B61Higher	D32
Tradability15% weight	B68Higher	C42
Holdings10% weight	A81Higher	B66
Durability5% weight	A85Higher	F22

Rank among Treasuries (3-10 Year) funds

How we build Categories ›

Same Category. SPTI and USIN are both graded against the same 19 Treasuries (3-10 Year) funds, so their Grades compare head to head.

Treasuries (3-10 Year)⁠

Category · 19 funds

See all 19 ›

SPTI ranks 1st and USIN 14th of 19 funds in the Treasuries (3-10 Year) Category.

Rank 1ASPTIState Street SPDR Portfolio Intermediate Term Treasury ETFScore 84
Rank 1AVGITVanguard Intermediate-Term Treasury ETFScore 84
Rank 13CUTREUS Treasury 3 Year Note ETFScore 54
Rank 14CUSINWisdomTree 7-10 Year Laddered Treasury FundScore 51
Rank 14CUSVNUS Treasury 7 Year Note ETFScore 51

Our read on each fund

ETF.net Research

SPTIAState Street SPDR Portfolio Intermediate Term Treasury ETF

USINCWisdomTree 7-10 Year Laddered Treasury Fund

In short

SPTI Middle-of-the-curve Treasuries and nothing else: notes maturing in 3 to 10 years, wrapped at 0.03% a year. Running since 2007, it is one of the cheapest ways to own that slice of the government bond market.

USIN Most intermediate Treasury funds hold one cap-weighted lump of the curve. USIN tracks a laddered 7-10 year Treasury index instead, structuring exposure across maturity rungs, and pays monthly.

Stated mandate

SPTI The fund seeks to deliver returns generally matching the Bloomberg 3-10 Year U.S. Treasury Index before fees and expenses, investing in U.S. Treasury securities with remaining maturities of 3 to 10 years.

USIN The Fund seeks to track the price and yield performance of the Bloomberg US Treasury 7-10 Year Laddered Index before fees and expenses.

Why people hold it

SPTI 0.03% a year sits in the cheapest tier of intermediate Treasury funds, well under the category norm and level with Schwab's SCHR at the floor.
No credit guesswork. Roughly a hundred US Treasury notes, held to mirror the Bloomberg 3-10 Year U.S. Treasury Index.ssga.com
Index tracking has been among the tightest in its peer group, and income lands monthly.
Launched in 2007 and now a multi-billion-dollar fund that trades actively, so getting in and out is rarely the hard part.

USIN Does the job on the label: closely tracks the Bloomberg US Treasury 7-10 Year Laddered Index, US government paper only, no corporate credit or foreign bonds.
The ladder is the point. Rather than a single cap-weighted slice of 7-10 year notes, the index spreads exposure across maturity rungs.
Distributions come monthly, not quarterly.

Worth knowing

SPTI Intermediate maturities carry real rate sensitivity: a 3-to-10-year book swings more when yields move than a short-bill fund does.
Treasuries only. No corporates, mortgages or inflation-linked bonds, which makes it a building block rather than a full bond allocation.
The monthly payout floats with whatever the Treasury curve is paying, so it moves with rates rather than sitting at a set level.

USIN The 0.15% fee sits at the category midpoint, but the cheapest intermediate Treasury trackers (SPTI, SCHR) charge 0.03% for plainer exposure.
A small fund that trades thinly. Spreads can be wider than at the category's giants, so limit orders do more work here.
Launched in 2024, so there is no long record across a full rate cycle to lean on.

Full SPTI profile⁠

Full USIN profile⁠

SPTI vs USIN Holdings

How SPTI and USIN differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Asset classFixed Income100%
Countryby domicile100%

Sector

No Sector split for SPTI.

Country, concentration and asset class

Country by domicile

Country weights in SPTI and USIN, widest gap first
Country	More in SPTIMore in USIN	SPTI	USIN
United States	Same weight	100.0%	100.0%

Concentration

Weight in the 10 largest Holdings

SPTI18.2%
USIN82.5%

Securities held

SPTI104
USIN12

Asset class

SPTI: Fixed Income
USIN: Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. SPTI holds 104 securities, USIN 12.

All 112 SPTI holdings⁠All 14 USIN 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.

SPTI vs USIN Cost

Overpaying USIN vs SPTI

$2,499

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

SPTI 0.03%
$638
USIN 0.15%
$3,137

Amount$10,000

Years30 years

Cost over time

SPTI 0.03%
USIN 0.15%
Overpaying

Year by year

Year	SPTI	USIN	Overpaying
10	$55	$274	$219
20	$216	$1,071	$855
30	$638	$3,137	$2,499

Expense ratio

0.03%SPTI, cheaper
0.15%USIN

SPTI0.03%USIN0.15%

0.03%0.39%

Middle half of Treasuries (3-10 Year) funds
Median 0.12%

SPTI cheapest of 19 funds

USIN 11th cheapest of 19 funds

SPTI vs USIN Dividends

Last 12 months to Oct 30, 2026

Yield (12M): SPTI 3.95%; USIN 4.16%, better
Payout (12M): SPTI $1.10; USIN $2.00
Last payment: SPTI $0.09; USIN $0.18
Ex-dividend: SPTI Oct 1, 2026; USIN Oct 27, 2026
Paid on: SPTI Oct 6, 2026; USIN Oct 29, 2026
Frequency: SPTI Monthly; USIN Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

SPTIMonthly · 45 paymentsAll SPTI payments⁠

USINMonthly · 32 paymentsAll USIN payments⁠

SPTI vs USIN Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: SPTI 4.7%USIN 6.1%since Apr 2024
Return per unit of riskSharpe ratio, 3 years: SPTI 0.02USIN −0.26since Apr 2024
Worst fallMax drawdown, 5 years: SPTI −13.7%USIN −6.9%since Mar 2024
Market sensitivityBeta, 5 years: SPTI 0.78USIN 0.14; Market = 1

Popular comparisons

SPTIAvsVGITA
State Street SPDR Portfolio Intermediate Term Treasury ETF · Vanguard Intermediate-Term Treasury ETF
Expense ratio
0.03% · 0.03%
Category
USINCvsVGITA
WisdomTree 7-10 Year Laddered Treasury Fund · Vanguard Intermediate-Term Treasury ETF
Expense ratio
0.15% · 0.03%
Category
SPTIAvsSCHRA
State Street SPDR Portfolio Intermediate Term Treasury ETF · Schwab Intermediate-Term U.S. Treasury ETF
Expense ratio
0.03% · 0.03%
Category
USINCvsSCHRA
WisdomTree 7-10 Year Laddered Treasury Fund · Schwab Intermediate-Term U.S. Treasury ETF
Expense ratio
0.15% · 0.03%
Category
SPTIAvsBBIBA
State Street SPDR Portfolio Intermediate Term Treasury ETF · JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF
Expense ratio
0.03% · 0.04%
Category
USINCvsBBIBA
WisdomTree 7-10 Year Laddered Treasury Fund · JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF
Expense ratio
0.15% · 0.04%
Category