State Street Ultra Short Term Bond ETF (ULST) belongs to the Ultrashort Bond category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ULST. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ULST
ULST charges 0.20% annually. There are 41 ETFs in the Ultrashort Bond category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BondBloxx Bloomberg One Year Target Duration US Tr... | 0.03% | 758.60M | Sep 2022 | ULST vs XONE | |
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.03% | 1.91B | Sep 2022 | ULST vs XHLF | |
| State Street SPDR Portfolio Ultra Short T-Bill ETF | 0.05% | 13.77M | Oct 2025 | ULST vs SPTU | |
| Xtrackers US 0-1 Year Treasury ETF | 0.06% | — | Oct 2024 | ULST vs TRSY | |
| Vanguard Ultra-Short Treasury ETF | 0.07% | 991.30M | Feb 2025 | ULST vs VGUS |
Best Risk-Adjusted Alternatives to ULST
ULST has a PortfoliosLab risk / return rank of 99. There are 44 ETFs in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 100 | 97.69B | May 2020 | ULST vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 46.75B | May 2007 | ULST vs BIL | |
| Invesco Short Term Treasury ETF | 100 | 2.59B | Jan 2017 | ULST vs TBLL | |
| Vanguard 0-3 Month Treasury Bill ETF | 100 | 8.40B | Feb 2025 | ULST vs VBIL | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 100 | 1.03B | Jun 2023 | ULST vs BILZ |
Top Performing ULST Alternatives (YTD)
ULST is at 1.57% YTD. There are 60 ETFs in the Ultrashort Bond category with higher YTD returns, going as high as 3.07%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| American Century Multisector Floating Income ETF | 3.07% | 22.67M | Mar 2023 | ULST vs FUSI | |
| CrossingBridge Ultra-Short Duration ETF | 2.92% | 14.84M | Sep 2021 | ULST vs CUSD | |
| NEOS Enhanced Income 1-3 Month T-Bill ETF | 2.69% | 1.45B | Aug 2022 | ULST vs CSHI | |
| VanEck IG Floating Rate ETF | 2.46% | 2.89B | Apr 2011 | ULST vs FLTR | |
| Simplify Treasury Option Income ETF | 2.42% | 474.96M | Oct 2022 | ULST vs BUCK |
Lowest Volatility Alternatives to ULST
ULST has 0.65% 1-year volatility. There are 44 ETFs in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.19%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 0.19% | 97.69B | May 2020 | ULST vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 46.75B | May 2007 | ULST vs BIL | |
| Invesco Short Term Treasury ETF | 0.20% | 2.59B | Jan 2017 | ULST vs TBLL | |
| Vanguard 0-3 Month Treasury Bill ETF | 0.21% | 8.40B | Feb 2025 | ULST vs VBIL | |
| iShares 0-1 Year Treasury Bond ETF | 0.21% | 20.86B | Jan 2007 | ULST vs SHV |
Lowest Drawdown Alternatives to ULST
ULST has a 1-year max drawdown of -0.24%. There are 46 ETFs in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard 0-3 Month Treasury Bill ETF | -0.01% | 8.40B | Feb 2025 | ULST vs VBIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.01% | 97.69B | May 2020 | ULST vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 46.75B | May 2007 | ULST vs BIL | |
| iShares Treasury Floating Rate Bond ETF | -0.02% | 6.55B | Feb 2014 | ULST vs TFLO | |
| WisdomTree Floating Rate Treasury Fund | -0.02% | 17.91B | Feb 2014 | ULST vs USFR |
Other ETFs from State Street
The 10 most viewed State Street ETFs shown here include SPY, GLD, XLK and span 9 categories. AUM among these funds goes as high as $783B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | S&P 500 | 66 | 10.84% | 783.21B | Jan 1993 | ULST vs SPY | |
| SPDR Gold Shares | Gold, Precious Metals | 24 | -6.10% | 132.10B | Nov 2004 | ULST vs GLD | |
| State Street Technology Select Sector SPDR ETF | Technology Equities | 66 | 27.85% | 120.59B | Dec 1998 | ULST vs XLK | |
| State Street SPDR Portfolio S&P 500 Growth ETF | S&P 500, Large Cap Growth Equities | 49 | 12.15% | 52.75B | Sep 2000 | ULST vs SPYG | |
| State Street SPDR Portfolio S&P 500 High Dividend ... | S&P 500, Dividend | 52 | 14.61% | 7.40B | Oct 2015 | ULST vs SPYD | |
| State Street Energy Select Sector SPDR ETF | Energy Equities | 54 | 29.13% | 36.33B | Dec 1998 | ULST vs XLE | |
| State Street SPDR Portfolio S&P 500 ETF | S&P 500 | 67 | 10.90% | 158.31B | Nov 2005 | ULST vs SPYM | |
| SPDR Gold MiniShares Trust | Gold, Precious Metals | 24 | -6.00% | 27.70B | Jun 2018 | ULST vs GLDM | |
| State Street Utilities Select Sector SPDR ETF | Utilities Equities | 30 | 8.46% | 23.51B | Dec 1998 | ULST vs XLU | |
| State Street Health Care Select Sector SPDR ETF | Health & Biotech Equities | 42 | 3.13% | 41.65B | Dec 1998 | ULST vs XLV |
Often Compared With ULST
Investors most often compare ULST with GSY, ICSH, FLRN. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare ULST with Any Fund or Stock
Compare ULST with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ULST with funds that move differently
State Street Ultra Short Term Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ULST.
Explore ULST Diversifiers