SPTB vs. VTABX

Last updated Apr 2, 2026

Compare and contrast key facts about State Street SPDR Portfolio Treasury ETF (SPTB) and Vanguard Total International Bond Index Fund Admiral Shares (VTABX).

SPTB is a passively managed fund by State Street that tracks the performance of the Bloomberg U.S. Treasury Index. It was launched on May 20, 2024. VTABX is managed by Vanguard. It was launched on May 31, 2013.

Performance

SPTB vs. VTABX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street SPDR Portfolio Treasury ETF (SPTB) and Vanguard Total International Bond Index Fund Admiral Shares (VTABX). The values are adjusted to include any dividend payments, if applicable.

SPTB vs. VTABX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SPTB State Street SPDR Portfolio Treasury ETF	0.07%	6.14%	2.17%
VTABX Vanguard Total International Bond Index Fund Admiral Shares	-0.45%	2.96%	4.35%

Returns By Period

In the year-to-date period, SPTB achieves a 0.07% return, which is significantly higher than VTABX's -0.45% return.

SPTB

• 1D: -0.05%
• 1M: -1.36%
• YTD: 0.07%
• 6M: 0.58%
• 1Y: 2.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VTABX

• 1D: 0.37%
• 1M: -1.99%
• YTD: -0.45%
• 6M: 0.01%
• 1Y: 2.44%
• 3Y*: 3.81%
• 5Y*: 0.15%
• 10Y*: 1.79%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SPTB vs. VTABX - Expense Ratio Comparison

SPTB has a 0.03% expense ratio, which is lower than VTABX's 0.11% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

VTABX

Vanguard Total International Bond Index Fund Admiral Shares

SPTB

State Street SPDR Portfolio Treasury ETF

Return for Risk

SPTB vs. VTABX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPTB

SPTB Risk / Return Rank: 34
SPTB Sharpe Ratio Rank: 36
SPTB Sortino Ratio Rank: 34
SPTB Omega Ratio Rank: 28
SPTB Calmar Ratio Rank: 41
SPTB Martin Ratio Rank: 31

VTABX

VTABX Risk / Return Rank: 35
VTABX Sharpe Ratio Rank: 41
VTABX Sortino Ratio Rank: 36
VTABX Omega Ratio Rank: 30
VTABX Calmar Ratio Rank: 32
VTABX Martin Ratio Rank: 36

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SPTB vs. VTABX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR Portfolio Treasury ETF (SPTB) and Vanguard Total International Bond Index Fund Admiral Shares (VTABX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SPTB	VTABX	Difference
Sharpe ratio Return per unit of total volatility	0.72	0.89	-0.16
Sortino ratio Return per unit of downside risk	1.07	1.23	-0.17
Omega ratio Gain probability vs. loss probability	1.13	1.16	-0.03
Calmar ratio Return relative to maximum drawdown	1.21	0.94	+0.28
Martin ratio Return relative to average drawdown	3.09	3.89	-0.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPTB vs. VTABX - Sharpe Ratio Comparison

The current SPTB Sharpe Ratio is 0.72, which is comparable to the VTABX Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of SPTB and VTABX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SPTB	VTABX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.72	0.89	-0.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.03	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.01	0.73	+0.28

Correlation

The correlation between SPTB and VTABX is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

SPTB vs. VTABX - Dividend Comparison

SPTB's dividend yield for the trailing twelve months is around 4.21%, which matches VTABX's 4.21% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPTB State Street SPDR Portfolio Treasury ETF	4.21%	4.23%	2.76%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTABX Vanguard Total International Bond Index Fund Admiral Shares	4.21%	4.36%	4.33%	4.39%	1.48%	3.70%	1.08%	4.28%	3.00%	2.23%	1.80%	1.64%

Drawdowns

SPTB vs. VTABX - Drawdown Comparison

The maximum SPTB drawdown since its inception was -4.96%, smaller than the maximum VTABX drawdown of -16.16%. Use the drawdown chart below to compare losses from any high point for SPTB and VTABX.

Drawdown Indicators

	SPTB	VTABX	Difference
Max Drawdown Largest peak-to-trough decline	-4.96%	-16.16%	+11.20%
Max Drawdown (1Y) Largest decline over 1 year	-2.67%	-2.90%	+0.23%
Max Drawdown (5Y) Largest decline over 5 years	—	-15.81%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-16.16%	—
Current Drawdown Current decline from peak	-1.80%	-2.29%	+0.49%
Average Drawdown Average peak-to-trough decline	-1.28%	-3.06%	+1.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.04%	0.70%	+0.34%

Volatility

SPTB vs. VTABX - Volatility Comparison

State Street SPDR Portfolio Treasury ETF (SPTB) and Vanguard Total International Bond Index Fund Admiral Shares (VTABX) have volatilities of 1.44% and 1.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPTB	VTABX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.44%	1.46%	-0.02%
Volatility (6M) Calculated over the trailing 6-month period	2.44%	2.03%	+0.41%
Volatility (1Y) Calculated over the trailing 1-year period	4.10%	3.06%	+1.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.50%	4.39%	+0.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.50%	3.58%	+0.92%