- ISIN
- US78470P5070
- CUSIP
- 78470P507
- Issuer
- State Street
- Inception Date
- Apr 2, 2019
- Region
- Developed Markets (Broad)
- Category
- Intermediate Core-Plus Bond
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $405M
Share Price Chart
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Performance
FISR Performance Chart
SPDR SSGA Fixed Income Sector Rotation ETF (FISR) is up 0.3% since the beginning of the year. FISR is currently trading at $26 per share. Investors who bought $1,000 worth of FISR shares 5 years ago would now be looking at an investment worth $961.
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Returns By Period
SPDR SSGA Fixed Income Sector Rotation ETF (FISR) has returned 0.26% so far this year and 4.21% over the past 12 months.
SPDR SSGA Fixed Income Sector Rotation ETF
- 1D
- -0.23%
- 1M
- 0.68%
- YTD
- 0.26%
- 6M
- 0.46%
- 1Y
- 4.21%
- 3Y*
- 3.42%
- 5Y*
- -0.80%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FISR Monthly Returns History
Based on dividend-adjusted daily data since Apr 3, 2019, FISR's average daily return is 0.00%, while the average monthly return is +0.08%. At this rate, an investment would double in approximately 72.2 years.
Historically, 55% of months were positive and 45% were negative. The best month was Nov 2023 with a return of +4.3%, while the worst month was Sep 2022 at -4.5%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 6 months.
On a daily basis, FISR closed higher 52% of trading days. The best single day was Mar 13, 2020 with a return of +3.4%, while the worst single day was Mar 12, 2020 at -4.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.12% | 1.77% | -1.91% | 0.11% | 0.24% | -0.02% | 0.26% | ||||||
| 2025 | 0.44% | 2.28% | -0.06% | 0.21% | -1.09% | 1.70% | -0.49% | 1.32% | 0.99% | 0.66% | 0.65% | -0.42% | 6.32% |
| 2024 | -0.40% | -1.50% | 0.92% | -2.59% | 1.83% | 0.88% | 2.42% | 1.27% | 1.57% | -2.66% | 1.01% | -1.58% | 1.01% |
| 2023 | 3.58% | -3.00% | 2.96% | 0.56% | -1.24% | -0.43% | -0.21% | -0.80% | -2.60% | -1.45% | 4.33% | 3.81% | 5.28% |
| 2022 | -2.69% | -1.15% | -2.98% | -4.48% | 0.04% | -1.11% | 2.24% | -3.20% | -4.51% | -1.49% | 3.85% | -1.16% | -15.73% |
| 2021 | -1.21% | -1.71% | -1.19% | 0.78% | 0.30% | 1.27% | 1.25% | -0.28% | -1.22% | 0.47% | 0.24% | -0.36% | -1.70% |
Benchmark Metrics
SPDR SSGA Fixed Income Sector Rotation ETF has an annualized alpha of -0.12%, beta of 0.07, and R2 of 0.05 versus S&P 500 Index. Calculated based on daily prices since April 03, 2019.
- This ETF participated in 29.15% of S&P 500 Index downside but only 13.47% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.07 may look defensive, but with R2 of 0.05 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.05 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -0.12%
- Beta
- 0.07
- R²
- 0.05
- Upside Capture
- 13.47%
- Downside Capture
- 29.15%
Expense Ratio
FISR has an expense ratio of 0.50%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FISR ranks 27 for risk / return — below 27% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for SPDR SSGA Fixed Income Sector Rotation ETF (FISR) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FISR | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.06 | ||
| Sortino ratioReturn per unit of downside risk | -1.32 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.37 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.38 | 2.78 | -1.40 |
| Martin ratioReturn relative to average drawdown | 3.79 | 12.44 | -8.65 |
Dividends
Dividend History
SPDR SSGA Fixed Income Sector Rotation ETF provided a 4.18% dividend yield over the last twelve months, with an annual payout of $1.07 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $1.07 | $1.03 | $0.91 | $0.91 | $0.56 | $0.58 | $0.79 | $0.93 |
Dividend yield | 4.18% | 3.97% | 3.59% | 3.50% | 2.19% | 1.87% | 2.47% | 2.99% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR SSGA Fixed Income Sector Rotation ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.09 | $0.08 | $0.09 | $0.08 | $0.09 | $0.44 | ||||||
| 2025 | $0.00 | $0.07 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.09 | $0.09 | $0.08 | $0.21 | $1.03 |
| 2024 | $0.00 | $0.06 | $0.06 | $0.07 | $0.07 | $0.07 | $0.06 | $0.07 | $0.06 | $0.06 | $0.06 | $0.24 | $0.91 |
| 2023 | $0.00 | $0.07 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.08 | $0.07 | $0.07 | $0.07 | $0.22 | $0.91 |
| 2022 | $0.00 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.11 | $0.56 |
| 2021 | $0.00 | $0.05 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.05 | $0.10 | $0.58 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the SPDR SSGA Fixed Income Sector Rotation ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the SPDR SSGA Fixed Income Sector Rotation ETF was 20.27%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current SPDR SSGA Fixed Income Sector Rotation ETF drawdown is 6.11%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -20.27%Oct 2022 | 1y 9mo | — | 5y 5moDec 2020 - now |
COVID crash2020 | -7.70%Mar 2020 | 10d | 2mo 4d | 2mo 14dMar 2020 - May 2020 |
2020 pullback2020 | -1.72%Oct 2020 | 2mo 24d | 1mo 1d | 3mo 25dAug 2020 - Nov 2020 |
2019 pullback2019 | -1.60%Sep 2019 | 8d | 20d | 28dSep 2019 - Oct 2019 |
2019 pullback2019 | -1.11%Jul 2019 | 11d | 16d | 27dJul 2019 - Aug 2019 |
Drawdown Indicators
| FISR | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.27% | -56.78% | +36.51% |
Max Drawdown (1Y)Largest decline over 1 year | -3.06% | -9.10% | +6.04% |
Max Drawdown (3Y)Largest decline over 3 years | -6.60% | -18.90% | +12.30% |
Max Drawdown (5Y)Largest decline over 5 years | -20.10% | -25.43% | +5.33% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -6.11% | -1.80% | -4.31% |
Average DrawdownAverage peak-to-trough decline | -7.69% | -10.71% | +3.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.11% | 2.03% | -0.92% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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