SPTL vs. MSD
Compare and contrast key facts about SPDR Portfolio Long Term Treasury ETF (SPTL) and Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD).
SPTL is a passively managed fund by State Street that tracks the performance of the Bloomberg Long U.S. Treasury Index. It was launched on May 23, 2007.
Performance
SPTL vs. MSD - Performance Comparison
Loading graphics...
SPTL vs. MSD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPTL SPDR Portfolio Long Term Treasury ETF | 0.01% | 5.28% | -6.23% | 3.30% | -29.44% | -4.99% | 18.07% | 13.74% | -1.57% | 9.01% |
MSD Morgan Stanley Emerging Markets Debt Fund, Inc. | -3.10% | 5.58% | 24.92% | 19.14% | -22.10% | 2.20% | 0.73% | 24.38% | -12.31% | 16.33% |
Returns By Period
In the year-to-date period, SPTL achieves a 0.01% return, which is significantly higher than MSD's -3.10% return. Over the past 10 years, SPTL has underperformed MSD with an annualized return of -0.87%, while MSD has yielded a comparatively higher 5.35% annualized return.
SPTL
- 1D
- 0.04%
- 1M
- -3.93%
- YTD
- 0.01%
- 6M
- -0.43%
- 1Y
- 0.50%
- 3Y*
- -1.55%
- 5Y*
- -4.88%
- 10Y*
- -0.87%
MSD
- 1D
- 0.72%
- 1M
- -7.36%
- YTD
- -3.10%
- 6M
- -0.84%
- 1Y
- -4.80%
- 3Y*
- 14.71%
- 5Y*
- 4.27%
- 10Y*
- 5.35%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SPTL vs. MSD — Risk / Return Rank
SPTL
MSD
SPTL vs. MSD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio Long Term Treasury ETF (SPTL) and Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD). 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.
| SPTL | MSD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.05 | -0.36 | +0.41 |
Sortino ratioReturn per unit of downside risk | 0.14 | -0.38 | +0.52 |
Omega ratioGain probability vs. loss probability | 1.02 | 0.94 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 0.16 | -0.20 | +0.36 |
Martin ratioReturn relative to average drawdown | 0.34 | -0.52 | +0.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SPTL | MSD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.05 | -0.36 | +0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.34 | 0.31 | -0.64 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.06 | 0.37 | -0.43 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.35 | -0.11 |
Correlation
The correlation between SPTL and MSD is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
SPTL vs. MSD - Dividend Comparison
SPTL's dividend yield for the trailing twelve months is around 4.15%, less than MSD's 9.26% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPTL SPDR Portfolio Long Term Treasury ETF | 4.15% | 4.12% | 4.03% | 3.24% | 2.75% | 1.68% | 1.71% | 2.45% | 2.69% | 2.53% | 2.56% | 2.60% |
MSD Morgan Stanley Emerging Markets Debt Fund, Inc. | 9.26% | 9.88% | 11.88% | 10.90% | 7.34% | 4.99% | 4.67% | 5.37% | 6.56% | 5.81% | 6.87% | 7.03% |
Drawdowns
SPTL vs. MSD - Drawdown Comparison
The maximum SPTL drawdown since its inception was -46.20%, smaller than the maximum MSD drawdown of -58.51%. Use the drawdown chart below to compare losses from any high point for SPTL and MSD.
Loading graphics...
Drawdown Indicators
| SPTL | MSD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.20% | -58.51% | +12.31% |
Max Drawdown (1Y)Largest decline over 1 year | -8.44% | -12.84% | +4.40% |
Max Drawdown (5Y)Largest decline over 5 years | -41.02% | -33.89% | -7.13% |
Max Drawdown (10Y)Largest decline over 10 years | -46.20% | -37.50% | -8.70% |
Current DrawdownCurrent decline from peak | -36.62% | -9.70% | -26.92% |
Average DrawdownAverage peak-to-trough decline | -14.03% | -11.33% | -2.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.84% | 5.08% | -1.24% |
Volatility
SPTL vs. MSD - Volatility Comparison
The current volatility for SPDR Portfolio Long Term Treasury ETF (SPTL) is 3.50%, while Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD) has a volatility of 4.88%. This indicates that SPTL experiences smaller price fluctuations and is considered to be less risky than MSD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SPTL | MSD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.50% | 4.88% | -1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 6.01% | 7.28% | -1.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.34% | 13.51% | -3.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.65% | 13.92% | +0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.98% | 14.67% | -0.69% |