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SPDR Portfolio Short Term Corporate Bond ETF (SPSB...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

SPDR Portfolio Short Term Corporate Bond ETF (SPSB)

ETF · Currency in USD · Last updated May 16, 2025

SPSB is a passive ETF by State Street tracking the investment results of the Bloomberg Barclays U.S. 1-3 Year Corporate Bond Index. SPSB launched on Dec 16, 2009 and has a 0.07% expense ratio.

ETF Info

ISIN

US78464A4748

CUSIP

78464A474

Issuer

State Street

Inception Date

Dec 16, 2009

Region

North America (U.S.)

Category

Corporate Bonds

Leveraged

1x

Index Tracked

Bloomberg Barclays U.S. 1-3 Year Corporate Bond Index

Home Page

www.ssga.com

Asset Class

Bond

Expense Ratio

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

Share Price Chart

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Compare to other instruments

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

Popular comparisons:
SPSB vs. IGSB SPSB vs. SCHJ SPSB vs. WINC SPSB vs. JNK SPSB vs. SLQD SPSB vs. SJNK SPSB vs. BND SPSB vs. BSV SPSB vs. VTIP SPSB vs. VGSH
Popular comparisons:
SPSB vs. IGSB SPSB vs. SCHJ SPSB vs. WINC SPSB vs. JNK SPSB vs. SLQD SPSB vs. SJNK SPSB vs. BND SPSB vs. BSV SPSB vs. VTIP SPSB vs. VGSH

Performance

Performance Chart

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Returns By Period

SPDR Portfolio Short Term Corporate Bond ETF (SPSB) returned 2.04% year-to-date (YTD) and 6.04% over the past 12 months. Over the past 10 years, SPSB returned 2.32% annually, underperforming the S&P 500 benchmark at 10.79%.

SPSB

YTD

2.04%

1M

0.66%

6M

2.75%

1Y

6.04%

5Y*

2.35%

10Y*

2.32%

^GSPC (Benchmark)

YTD

0.60%

1M

9.64%

6M

-0.54%

1Y

11.47%

5Y*

15.67%

10Y*

10.79%

*Annualized

Monthly Returns

The table below presents the monthly returns of SPSB, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.54%0.66%0.39%0.57%-0.14%2.04%
20240.47%-0.28%0.55%-0.20%0.75%0.45%1.33%0.99%0.88%-0.49%0.47%0.23%5.26%
20231.09%-0.69%1.03%0.44%-0.20%0.04%0.54%0.25%-0.15%0.23%1.58%1.33%5.60%
2022-0.84%-0.51%-1.22%-0.74%0.68%-0.94%1.02%-0.91%-1.34%-0.15%1.35%0.27%-3.31%
20210.00%-0.02%-0.04%0.16%0.16%-0.08%0.12%0.01%-0.05%-0.37%-0.22%0.14%-0.20%
20200.58%0.40%-2.47%2.46%1.06%0.62%0.45%0.15%-0.04%0.08%0.36%0.19%3.83%
20190.90%0.27%0.67%0.27%0.54%0.67%0.08%0.72%0.14%0.36%0.09%0.40%5.21%
2018-0.23%-0.35%0.16%0.06%0.34%-0.02%0.30%0.43%-0.04%-0.04%0.16%0.67%1.45%
20170.20%0.21%0.15%0.24%0.25%0.05%0.35%0.25%-0.04%0.12%-0.33%0.13%1.58%
2016-0.07%0.49%0.60%0.36%-0.09%0.63%0.33%-0.09%0.14%-0.06%-0.42%0.25%2.09%
20150.41%0.23%0.15%-0.05%-0.01%-0.08%0.12%-0.31%0.28%0.29%0.12%-0.30%0.86%
20140.16%0.32%-0.05%0.19%0.29%-0.04%-0.13%0.22%-0.20%0.30%0.03%-0.22%0.88%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 98, SPSB is among the top 2% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.

The Risk-Adjusted Performance Rank of SPSB is 9898
Overall Rank
The Sharpe Ratio Rank of SPSB is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of SPSB is 9999
Sortino Ratio Rank
The Omega Ratio Rank of SPSB is 9898
Omega Ratio Rank
The Calmar Ratio Rank of SPSB is 9999
Calmar Ratio Rank
The Martin Ratio Rank of SPSB is 9898
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for SPDR Portfolio Short Term Corporate Bond ETF (SPSB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

SPDR Portfolio Short Term Corporate Bond ETF Sharpe ratios as of May 16, 2025 (values are recalculated daily):

  • 1-Year: 3.70
  • 5-Year: 1.21
  • 10-Year: 0.76
  • All Time: 0.80

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of SPDR Portfolio Short Term Corporate Bond ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.

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Dividends

Dividend History

SPDR Portfolio Short Term Corporate Bond ETF provided a 4.85% dividend yield over the last twelve months, with an annual payout of $1.45 per share. The fund has been increasing its distributions for 3 consecutive years.

1.00%2.00%3.00%4.00%5.00%$0.00$0.50$1.00$1.5020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$1.45$1.45$1.21$0.56$0.37$0.61$0.85$0.71$0.59$0.50$0.44$0.39

Dividend yield

4.85%4.85%4.05%1.92%1.19%1.94%2.77%2.36%1.94%1.65%1.43%1.26%

Monthly Dividends

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.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.12$0.12$0.12$0.12$0.48
2024$0.00$0.12$0.11$0.12$0.12$0.12$0.12$0.13$0.12$0.12$0.12$0.24$1.45
2023$0.00$0.08$0.08$0.09$0.09$0.09$0.10$0.10$0.11$0.11$0.11$0.24$1.21
2022$0.00$0.02$0.03$0.03$0.03$0.04$0.04$0.05$0.05$0.06$0.06$0.15$0.56
2021$0.00$0.03$0.04$0.03$0.03$0.03$0.03$0.02$0.02$0.02$0.02$0.09$0.37
2020$0.00$0.06$0.06$0.06$0.06$0.05$0.05$0.05$0.05$0.04$0.04$0.08$0.61
2019$0.00$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.13$0.85
2018$0.00$0.04$0.05$0.05$0.05$0.05$0.06$0.06$0.07$0.07$0.07$0.14$0.71
2017$0.00$0.04$0.05$0.04$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.13$0.59
2016$0.00$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.09$0.50
2015$0.00$0.03$0.04$0.03$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.08$0.44
2014$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.09$0.39

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 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 0.14%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-11.75%Mar 6, 202010Mar 19, 202041May 18, 202051
-5.96%Sep 17, 2021276Oct 20, 2022277Nov 28, 2023553
-1.39%Aug 2, 201181Nov 23, 201131Jan 10, 2012112
-1.28%Dec 21, 20097Dec 30, 2009134Jul 14, 2010141
-1.02%Nov 5, 201027Dec 14, 201031Jan 28, 201158

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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