SPTU vs. ASHR
SPTU (State Street SPDR Portfolio Ultra Short T-Bill ETF) and ASHR (Xtrackers Harvest CSI 300 China A-Shares ETF) are both exchange-traded funds - SPTU is a Ultrashort Bond fund tracking the ICE BofA US Treasury Bill Index, while ASHR is a China Equities fund tracking the CSI 300 Index. Both are passively managed. At a correlation of -0.07, they often move in opposite directions. SPTU charges 0.05%/yr vs 0.65%/yr for ASHR.
Performance
SPTU vs. ASHR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPTU achieves a 1.86% return, which is significantly lower than ASHR's 5.02% return.
SPTU
- 1D
- 0.00%
- 1M
- 0.26%
- 6M
- 1.74%
- YTD
- 1.86%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ASHR
- 1D
- -2.49%
- 1M
- -2.29%
- 6M
- 0.47%
- YTD
- 5.02%
- 1Y
- 25.58%
- 3Y*
- 10.02%
- 5Y*
- -1.22%
- 10Y*
- 4.74%
SPTU vs. ASHR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SPTU State Street SPDR Portfolio Ultra Short T-Bill ETF | 1.86% | 0.87% |
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF | 5.02% | 2.45% |
Correlation
The correlation between SPTU and ASHR is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 8, 2025 | -0.07 |
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
SPTU vs. ASHR — Risk / Return Rank
SPTU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ASHR
SPTU vs. ASHR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street SPDR Portfolio Ultra Short T-Bill ETF (SPTU) and Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR). 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.
| SPTU | ASHR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.24 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.34 | — |
| Martin ratioReturn relative to average drawdown | — | 9.00 | — |
Loading charts...
Drawdowns
SPTU vs. ASHR - Drawdown Comparison
The maximum SPTU drawdown since its inception was -0.04%, smaller than the maximum ASHR drawdown of -51.30%. Use the drawdown chart below to compare losses from any high point for SPTU and ASHR.
Loading charts...
Drawdown Indicators
| SPTU | ASHR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.04% | -51.30% | +51.26% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.69% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -33.12% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -44.10% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -51.30% | — |
Current DrawdownCurrent decline from peak | 0.00% | -19.53% | +19.53% |
Average DrawdownAverage peak-to-trough decline | -0.00% | -29.07% | +29.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.85% | — |
Volatility
SPTU vs. ASHR - Volatility Comparison
Loading charts...
Volatility by Period
| SPTU | ASHR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.70% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 14.34% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 0.32% | 18.94% | -18.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.32% | 24.11% | -23.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.32% | 24.15% | -23.83% |
SPTU vs. ASHR - Expense Ratio Comparison
SPTU has a 0.05% expense ratio, which is lower than ASHR's 0.65% expense ratio.
Dividends
SPTU vs. ASHR - Dividend Comparison
SPTU's dividend yield for the trailing twelve months is around 2.66%, more than ASHR's 2.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF | 2.20% | 2.31% | 1.13% | 2.48% | 1.13% | 0.88% | 0.81% | 0.98% | 1.32% | 0.84% | 0.73% | 30.13% |
SPTU State Street SPDR Portfolio Ultra Short T-Bill ETF | 2.66% | 0.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SPTU and ASHR have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPTU is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPTU is cheaper with a 0.05% expense ratio, compared with 0.65% for ASHR.
SPTU has the higher dividend yield at 2.66%, compared with 2.20% for ASHR.
SPTU is categorized as Ultrashort Bond, while ASHR is China Equities. SPTU tracks ICE BofA US Treasury Bill Index, while ASHR tracks CSI 300 Index. They also come from different issuers: State Street and DWS. Their fees differ too: 0.05% for SPTU and 0.65% for ASHR.
Find the right allocation for SPTU and ASHR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer