SPTS vs. GSIG

Last updated Jul 17, 2026

SPTS (SPDR Portfolio Short Term Treasury ETF) and GSIG (Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF) are both exchange-traded funds - SPTS is a Government Bonds fund tracking the Bloomberg 1-3 Year U.S. Treasury Index, while GSIG is a Corporate Bonds fund tracking the FTSE Goldman Sachs US Investment-Grade Corporate Bond 1-5 Years Index. Both are passively managed. A 0.78 correlation means they provide meaningful diversification when combined. SPTS charges 0.03%/yr vs 0.14%/yr for GSIG.

Performance

SPTS vs. GSIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Portfolio Short Term Treasury ETF (SPTS) and Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SPTS

• 1D: -0.03%
• 1M: 0.13%
• 6M: 0.86%
• YTD: 0.79%
• 1Y: 3.18%
• 3Y*: 4.28%
• 5Y*: 1.91%
• 10Y*: 1.67%

GSIG

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SPTS vs. GSIG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SPTS SPDR Portfolio Short Term Treasury ETF	0.79%	5.05%	4.20%	4.27%	-3.86%	-0.72%	0.20%
GSIG Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF	0.68%	6.69%	4.72%	6.06%	-5.80%	-0.81%	1.59%

Correlation

The correlation between SPTS and GSIG is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (All Time) Calculated using the full available price history since Jul 9, 2020	0.78

The correlation between SPTS and GSIG has been stable across timeframes, ranging from 0.72 to 0.81 - a consistent structural relationship.

Return for Risk

SPTS vs. GSIG — Risk / Return Rank

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

SPTS

SPTS Risk / Return Rank: 90
SPTS Sharpe Ratio Rank: 90
SPTS Sortino Ratio Rank: 94
SPTS Omega Ratio Rank: 92
SPTS Calmar Ratio Rank: 86
SPTS Martin Ratio Rank: 88

GSIG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

SPTS vs. GSIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio Short Term Treasury ETF (SPTS) and Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SPTS	GSIG	Difference
Sharpe ratio: Return per unit of total volatility	2.38	—	—
Sortino ratio: Return per unit of downside risk	3.86	—	—
Omega ratio: Gain probability vs. loss probability	1.49	—	—
Calmar ratio: Return relative to maximum drawdown	3.80	—	—
Martin ratio: Return relative to average drawdown	14.94	—	—

Drawdowns

Drawdown Indicators

	SPTS	GSIG	Difference
Max Drawdown Largest peak-to-trough decline	-5.83%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-0.84%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-0.96%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-5.71%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-5.71%	—	—
Current Drawdown Current decline from peak	-0.03%	—	—
Average Drawdown Average peak-to-trough decline	-1.71%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.21%	—	—

Volatility

Volatility by Period

	SPTS	GSIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.98%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.35%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.00%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.70%	—	—

SPTS vs. GSIG - Expense Ratio Comparison

SPTS has a 0.03% expense ratio, which is lower than GSIG's 0.14% 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%.

Dividends

SPTS vs. GSIG - Dividend Comparison

SPTS's dividend yield for the trailing twelve months is around 3.88%, less than GSIG's 4.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GSIG Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF	4.00%	4.61%	4.59%	3.51%	2.21%	1.04%	0.45%	0.00%	0.00%	0.00%	0.00%	0.00%
SPTS SPDR Portfolio Short Term Treasury ETF	3.88%	3.99%	4.25%	3.61%	1.27%	0.19%	0.70%	2.21%	2.04%	1.20%	0.95%	0.83%

Frequently Asked Questions

Can I hold both SPTS and GSIG in my portfolio?

SPTS and GSIG have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SPTS or GSIG?

On fees, SPTS is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SPTS or GSIG?

SPTS is cheaper with a 0.03% expense ratio, compared with 0.14% for GSIG.

Which ETF pays a higher dividend yield, SPTS or GSIG?

GSIG has the higher dividend yield at 4.00%, compared with 3.88% for SPTS.

What is the main difference between SPTS and GSIG?

SPTS is categorized as Government Bonds, while GSIG is Corporate Bonds. SPTS tracks Bloomberg 1-3 Year U.S. Treasury Index, while GSIG tracks FTSE Goldman Sachs US Investment-Grade Corporate Bond 1-5 Years Index. They also come from different issuers: State Street and Goldman Sachs. Their fees differ too: 0.03% for SPTS and 0.14% for GSIG.