SPDR SSgA Ultra Short Term Bond ETF (ULST)
ULST is an actively managed ETF by State Street. ULST launched on Oct 9, 2013 and has a 0.20% expense ratio.
ETF Info
| ISIN | US78467V7073 |
|---|---|
| CUSIP | 78467V707 |
| Issuer | State Street |
| Inception Date | Oct 9, 2013 |
| Region | Developed Markets (Broad) |
| Category | Total Bond Market, Actively Managed |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
ULST has a high expense ratio of 0.20%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SPDR SSgA Ultra Short Term Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
SPDR SSgA Ultra Short Term Bond ETF had a return of 1.67% year-to-date (YTD) and 5.34% in the last 12 months. Over the past 10 years, SPDR SSgA Ultra Short Term Bond ETF had an annualized return of 1.79%, while the S&P 500 had an annualized return of 10.79%, indicating that SPDR SSgA Ultra Short Term Bond ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.67% | 9.47% |
| 1 month | 0.46% | 1.91% |
| 6 months | 2.96% | 18.36% |
| 1 year | 5.34% | 26.61% |
| 5 years (annualized) | 2.32% | 12.90% |
| 10 years (annualized) | 1.79% | 10.79% |
Monthly Returns
The table below presents the monthly returns of ULST, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.59% | 0.12% | 0.42% | 0.22% | 1.67% | ||||||||
| 2023 | 0.59% | 0.20% | 0.50% | 0.40% | 0.32% | 0.31% | 0.41% | 0.54% | 0.25% | 0.30% | 0.89% | 0.75% | 5.60% |
| 2022 | -0.15% | -0.19% | -0.31% | -0.04% | 0.01% | -0.33% | 0.40% | 0.21% | 0.07% | 0.14% | 0.52% | 0.54% | 0.87% |
| 2021 | 0.23% | -0.04% | -0.03% | 0.11% | 0.00% | 0.08% | 0.01% | 0.01% | 0.06% | -0.13% | -0.06% | 0.00% | 0.25% |
| 2020 | 0.27% | 0.10% | -3.60% | 1.94% | 1.11% | 0.91% | 0.18% | 0.29% | 0.03% | 0.14% | 0.09% | 0.07% | 1.45% |
| 2019 | 0.40% | 0.27% | 0.28% | 0.30% | 0.29% | 0.26% | 0.21% | 0.28% | 0.19% | 0.25% | 0.19% | 0.27% | 3.23% |
| 2018 | 0.35% | 0.01% | 0.04% | 0.23% | 0.28% | 0.18% | 0.28% | 0.16% | 0.16% | 0.18% | 0.07% | 0.09% | 2.04% |
| 2017 | 0.20% | 0.01% | 0.24% | 0.07% | 0.12% | 0.01% | 0.26% | 0.11% | -0.08% | 0.12% | 0.09% | 0.04% | 1.19% |
| 2016 | 0.20% | -0.16% | 0.16% | 0.33% | 0.36% | -0.22% | 0.44% | 0.21% | 0.00% | 0.23% | -0.05% | 0.18% | 1.69% |
| 2015 | 0.28% | 0.02% | -0.09% | 0.08% | 0.02% | -0.06% | 0.10% | 0.03% | -0.14% | 0.03% | -0.04% | -0.05% | 0.17% |
| 2014 | 0.05% | 0.20% | 0.03% | -0.07% | 0.00% | -0.10% | -0.04% | 0.33% | 0.01% | -0.25% | -0.02% | -0.07% | 0.06% |
| 2013 | 0.06% | 0.04% | 0.11% | 0.22% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of ULST is 99, placing it in the top 1% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
ULST (SPDR SSgA Ultra Short Term Bond ETF)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SPDR SSgA Ultra Short Term Bond ETF (ULST) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
SPDR SSgA Ultra Short Term Bond ETF granted a 4.85% dividend yield in the last twelve months. The annual payout for that period amounted to $1.96 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.96 | $1.80 | $0.68 | $0.22 | $0.54 | $1.03 | $0.85 | $0.49 | $0.37 | $0.15 | $0.14 | $0.03 |
Dividend yield | 4.85% | 4.45% | 1.70% | 0.54% | 1.34% | 2.56% | 2.13% | 1.21% | 0.93% | 0.37% | 0.34% | 0.07% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR SSgA Ultra Short Term Bond 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.17 | $0.17 | $0.18 | $0.17 | $0.68 | |||||||
| 2023 | $0.00 | $0.13 | $0.13 | $0.13 | $0.14 | $0.15 | $0.15 | $0.16 | $0.16 | $0.16 | $0.16 | $0.35 | $1.80 |
| 2022 | $0.00 | $0.01 | $0.01 | $0.01 | $0.02 | $0.03 | $0.03 | $0.06 | $0.09 | $0.08 | $0.09 | $0.23 | $0.68 |
| 2021 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.03 | $0.22 |
| 2020 | $0.00 | $0.08 | $0.07 | $0.07 | $0.06 | $0.05 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.05 | $0.54 |
| 2019 | $0.00 | $0.09 | $0.08 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.08 | $0.08 | $0.15 | $1.03 |
| 2018 | $0.00 | $0.05 | $0.06 | $0.08 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.08 | $0.16 | $0.85 |
| 2017 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.07 | $0.49 |
| 2016 | $0.00 | $0.02 | $0.03 | $0.05 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.07 | $0.37 |
| 2015 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.03 | $0.15 |
| 2014 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.14 |
| 2013 | $0.00 | $0.02 | $0.03 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the SPDR SSgA Ultra Short Term 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 SSgA Ultra Short Term Bond ETF was 6.19%, occurring on Mar 25, 2020. Recovery took 67 trading sessions.
The current SPDR SSgA Ultra Short Term Bond ETF drawdown is 0.01%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -6.19% | Mar 6, 2020 | 14 | Mar 25, 2020 | 67 | Jun 30, 2020 | 81 |
| -1.22% | Oct 6, 2021 | 186 | Jul 1, 2022 | 101 | Nov 23, 2022 | 287 |
| -0.54% | May 5, 2014 | 23 | Jun 6, 2014 | 31 | Jul 22, 2014 | 54 |
| -0.5% | Feb 9, 2016 | 13 | Feb 26, 2016 | 28 | Apr 7, 2016 | 41 |
| -0.49% | Nov 13, 2014 | 32 | Dec 30, 2014 | 102 | Jun 1, 2015 | 134 |
Volatility
Volatility Chart
The current SPDR SSgA Ultra Short Term Bond ETF volatility is 0.21%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.