SPTS vs. GSIG
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 U.S. Treasury 1-3 Year 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. Over the past 5 years, SPTS returned 1.81%/yr vs 2.18%/yr for GSIG. A 0.79 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
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Returns By Period
In the year-to-date period, SPTS achieves a 0.45% return, which is significantly lower than GSIG's 0.68% return.
SPTS
- 1D
- -0.07%
- 1M
- 0.05%
- YTD
- 0.45%
- 6M
- 0.77%
- 1Y
- 3.45%
- 3Y*
- 4.18%
- 5Y*
- 1.81%
- 10Y*
- 1.67%
GSIG
- 1D
- 0.01%
- 1M
- 0.25%
- YTD
- 0.68%
- 6M
- 1.01%
- 1Y
- 4.54%
- 3Y*
- 5.39%
- 5Y*
- 2.18%
- 10Y*
- —
SPTS vs. GSIG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SPTS SPDR Portfolio Short Term Treasury ETF | 0.45% | 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 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Jul 10, 2020 | 0.79 |
The correlation between SPTS and GSIG has been stable across timeframes, ranging from 0.79 to 0.83 - a consistent structural relationship.
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Return for Risk
SPTS vs. GSIG — Risk / Return Rank
SPTS
GSIG
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.
| SPTS | GSIG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.50 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 4.13 | 3.13 | +1.00 |
| Martin ratioReturn relative to average drawdown | 16.52 | 12.77 | +3.75 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SPTS | GSIG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.63 | 2.48 | +0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.92 | 0.76 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.98 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.79 | -0.30 |
Drawdowns
SPTS vs. GSIG - Drawdown Comparison
The maximum SPTS drawdown since its inception was -5.83%, smaller than the maximum GSIG drawdown of -9.57%. Use the drawdown chart below to compare losses from any high point for SPTS and GSIG.
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Drawdown Indicators
| SPTS | GSIG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.83% | -9.57% | +3.74% |
Max Drawdown (1Y)Largest decline over 1 year | -0.84% | -1.46% | +0.62% |
Max Drawdown (3Y)Largest decline over 3 years | -0.96% | -1.46% | +0.50% |
Max Drawdown (5Y)Largest decline over 5 years | -5.71% | -9.57% | +3.86% |
Max Drawdown (10Y)Largest decline over 10 years | -5.71% | — | — |
Current DrawdownCurrent decline from peak | -0.28% | -0.31% | +0.03% |
Average DrawdownAverage peak-to-trough decline | -1.72% | -2.10% | +0.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.21% | 0.36% | -0.15% |
Volatility
SPTS vs. GSIG - Volatility Comparison
The current volatility for SPDR Portfolio Short Term Treasury ETF (SPTS) is 0.34%, while Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG) has a volatility of 0.57%. This indicates that SPTS experiences smaller price fluctuations and is considered to be less risky than GSIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPTS | GSIG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.34% | 0.57% | -0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 0.86% | 1.35% | -0.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.32% | 1.84% | -0.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.98% | 2.89% | -0.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.72% | 2.71% | -0.99% |
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 3.91%, less than GSIG's 4.34% 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 | 4.34% | 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 | 3.91% | 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
SPTS and GSIG have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GSIG has higher volatility (0.57%) compared to SPTS (0.34%). In terms of maximum drawdown, SPTS dropped -5.83% vs GSIG's -9.57%.
On 5-year performance, GSIG leads with 2.18% vs 1.81% for SPTS. On fees, SPTS is cheaper at 0.03% per year. On volatility, SPTS has been the lower-risk option at 0.34%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, GSIG has performed better with a 2.18% return vs 1.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SPTS is cheaper with a 0.03% expense ratio, compared with 0.14% for GSIG.
GSIG has the higher dividend yield at 4.34%, compared with 3.91% for SPTS.
SPTS is categorized as Government Bonds, while GSIG is Corporate Bonds. SPTS tracks Bloomberg U.S. Treasury 1-3 Year 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.
SPTS currently has the higher Sharpe Ratio (2.63 vs 2.48), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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