YEAR vs. SPTS
Compare and contrast key facts about AB Ultra Short Income ETF (YEAR) and SPDR Portfolio Short Term Treasury ETF (SPTS).
YEAR and SPTS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YEAR is an actively managed fund by AB Funds. It was launched on Sep 13, 2022. SPTS is a passively managed fund by State Street that tracks the performance of the Bloomberg US Treasury (1-3 Y) (Inception 4/30/1996). It was launched on Nov 30, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: YEAR or SPTS.
Correlation
The correlation between YEAR and SPTS is 0.10, 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.
Performance
YEAR vs. SPTS - Performance Comparison
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Key characteristics
YEAR:
5.03
SPTS:
3.35
YEAR:
9.61
SPTS:
5.47
YEAR:
2.37
SPTS:
1.73
YEAR:
13.77
SPTS:
6.06
YEAR:
76.37
SPTS:
17.71
YEAR:
0.07%
SPTS:
0.33%
YEAR:
1.04%
SPTS:
1.71%
YEAR:
-0.61%
SPTS:
-5.83%
YEAR:
-0.16%
SPTS:
-0.41%
Returns By Period
In the year-to-date period, YEAR achieves a 1.66% return, which is significantly lower than SPTS's 1.89% return.
YEAR
1.66%
0.42%
2.33%
5.27%
N/A
N/A
SPTS
1.89%
0.34%
2.62%
5.73%
1.17%
1.49%
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YEAR vs. SPTS - Expense Ratio Comparison
YEAR has a 0.25% expense ratio, which is higher than SPTS's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
YEAR vs. SPTS — Risk-Adjusted Performance Rank
YEAR
SPTS
YEAR vs. SPTS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Ultra Short Income ETF (YEAR) and SPDR Portfolio Short Term Treasury ETF (SPTS). 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.
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Dividends
YEAR vs. SPTS - Dividend Comparison
YEAR has not paid dividends to shareholders, while SPTS's dividend yield for the trailing twelve months is around 4.18%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
YEAR AB Ultra Short Income ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPTS SPDR Portfolio Short Term Treasury ETF | 4.18% | 4.25% | 3.61% | 1.27% | 0.19% | 0.70% | 2.21% | 2.04% | 1.20% | 0.95% | 0.83% | 0.68% |
Drawdowns
YEAR vs. SPTS - Drawdown Comparison
The maximum YEAR drawdown since its inception was -0.61%, smaller than the maximum SPTS drawdown of -5.83%. Use the drawdown chart below to compare losses from any high point for YEAR and SPTS. For additional features, visit the drawdowns tool.
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Volatility
YEAR vs. SPTS - Volatility Comparison
The current volatility for AB Ultra Short Income ETF (YEAR) is 0.37%, while SPDR Portfolio Short Term Treasury ETF (SPTS) has a volatility of 0.56%. This indicates that YEAR experiences smaller price fluctuations and is considered to be less risky than SPTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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