SPDR Portfolio Short Term Corporate Bond ETF (SPSB)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

SPDR Portfolio Short Term Corporate Bond ETF (SPSB) is up 0.9% since the beginning of the year. SPSB is currently trading at $30 per share. Investors who bought $1,000 worth of SPSB shares 5 years ago would now be looking at an investment worth $1,144.

SPDR Portfolio Short Term Corporate Bond ETF (SPSB) has returned 0.87% so far this year and 3.98% over the past 12 months. Over the last ten years, SPSB has returned 2.60% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Dec 17, 2009, SPSB's average daily return is +0.01%, while the average monthly return is +0.19%. At this rate, an investment would double in approximately 30.4 years.

Historically, 69% of months were positive and 31% were negative. The best month was Apr 2020 with a return of +2.5%, while the worst month was Mar 2020 at -2.5%. The longest winning streak lasted 16 consecutive months, and the longest losing streak was 4 months.

On a daily basis, SPSB closed higher 47% of trading days. The best single day was Mar 23, 2020 with a return of +3.9%, while the worst single day was Mar 19, 2020 at -3.7%.

SPDR Portfolio Short Term Corporate Bond ETF has an annualized alpha of 1.93%, beta of 0.03, and R2 of 0.04 versus S&P 500 Index. Calculated based on daily prices since December 17, 2009.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (7.98%) than losses (2.08%) - typical of diversified or defensive assets.
• Beta of 0.03 may look defensive, but with R2 of 0.04 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 0.04 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.

SPSB has an expense ratio of 0.07%, which is considered low.

SPSB ranks 91 for risk / return — in the top 91% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

SPDR Portfolio Short Term Corporate Bond ETF provided a 4.41% dividend yield over the last twelve months, with an annual payout of $1.32 per share.

The table displays the monthly dividend distributions for SPDR Portfolio Short Term Corporate Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the SPDR Portfolio Short Term Corporate Bond 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 Portfolio Short Term Corporate Bond ETF was 11.75%, occurring on Mar 19, 2020. Recovery took 41 trading sessions.

The current SPDR Portfolio Short Term Corporate Bond ETF drawdown is 0.20%.

The chart below shows the rolling one-month volatility.