SPSB ETF Report: Ratings, Analysis, Quotes, Holdings

Competing ETFs: VCSH, IGSB, SLQD, BSCK, IBDL

Related ETF Channels: Short-Term, U.S., Fixed Income, Bond, Investment Grade Bonds, Vanilla, North America

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*Unless otherwise stated, data provided by FactSet.

SPSB Fund Description

SPSB tracks a market-value-weighted index of fixed-rate investment-grade nonconvertible US corporate bonds with 1-3 years remaining in maturity.

SPSB Factset Analytics Insight

SPSB delivers marketlike exposure to short-term investment-grade corporate bonds at low all-in costs. The fund holds corporate issues with 1 to 3 years remaining to maturity and tracks the same index as our segment benchmark. Accordingly, the fund aligns extremely well with our benchmark, with similar sector, credit and country exposures.Tracking performance data suggest that holding costs are somewhat higher than the fund’s very low fee suggests.Trading SPSB is easy and cheap, but more liquid options exist in the segment for frequent traders. Still, overall costs are low, which combined with broad exposure to short-term investment-grade corporate debt makes this a viable choice for such exposure. The fund changed ticker symbol from SCPB in Oct. 2017.

SPSB MSCI ESG Analytics Insight

SPDR Portfolio Short Term Corporate Bond ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.90 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. SPDR Portfolio Short Term Corporate Bond ETF ranks in the 37th percentile within its peer group and in the 37th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

SPSB Charts And Performance

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PERFORMANCE [as of 04/08/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS

SPSB -1.31% -0.03% 0.00% 3.39% 2.54% 2.06% 2.09%

SPSB (NAV) -2.27% -0.85% -0.84% 2.50% 2.25% 1.90% 2.02%

Bloomberg Barclays U.S. Corporate Bond 1-3 Year Index -2.46% -1.03% -1.02% 2.39% 2.30% 2.01% 2.02%

Bloomberg Barclays U.S. Corporate Bond 1-3 Year Index -2.46% -1.03% -1.02% 2.39% 2.30% 2.01% 2.28%

All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SPSB Summary Data

State Street Global Advisors

SPDR

12/16/09

Open-Ended Fund

0.07%

$5.53B

$85.36M

0.03%

Fund Home Page

SPSB Portfolio Data

1.74

2.06%

05/01/20

1149

SPSB Index Data

Bloomberg Barclays U.S. Corporate Bond 1-3 Year Index

Market Value

Bloomberg Barclays U.S. Corporate Bond 1-3 Year Index

SPSB Portfolio Management

0.07%

-0.11%

0.16%

Max. Downside Tracking Difference (12 Mo) -0.17%

SPSB Tax Exposures

20.00% / 39.60%

Ordinary income

SPSB Fund Structure

Open-Ended Fund

Yes

100% / 0%

N/A

Low

Daily

Cboe Book Viewer

Top Of Book

Last 10 Trades

Bats BZX Real-time Quote -

SPSB Factset Analytics Block Liquidity

As of 04/09/20

This measurement shows how easy it is to trade a $1 million USD block of SPSB. SPSB is rated a 5 out of 5.

SPSB Tradability

2,823,818

$85.36M

2,237,137

$65.73M

0.03%

$0.01

0.04%

0.31% / -7.57%

None

100.00%

100,000

22.37

0.02%

$30.37

SPSB Sector/Industry Breakdown

SPSB

Segment Benchmark

Financial

49.01%

Industrial

46.25%

Utility

4.61%

Government Agency

0.13%

SPSB Top 10 Holdings[View All]

Bank of America Corporation 3.004% 20-DEC-2023 0.78%

CVS Health Corporation 3.7% 09-MAR-2023 0.76%

Goldman Sachs Group, Inc. 5.75% 24-JAN-2022 0.65%

Wells Fargo & Company 3.069% 24-JAN-2023 0.63%

AbbVie Inc. 2.3% 21-NOV-2022 0.59%

Morgan Stanley 2.75% 19-MAY-2022 0.55%

Wells Fargo & Company 2.625% 22-JUL-2022 0.50%

Goldman Sachs Group, Inc. 2.876% 31-OCT-2022 0.47%

Oracle Corporation 1.9% 15-SEP-2021 0.46%

Oracle Corporation 2.5% 15-MAY-2022 0.46%

Total Top 10 Weighting 5.85%

SPSB Top 5 Countries

SPSB

Segment Benchmark

United States

81.44%

United Kingdom

5.85%

Canada

3.85%

Japan

2.78%

Netherlands

1.10%

SPSB Top 5 Currencies

SPSB

Segment Benchmark

USD

100.00%

SPSB Performance Statistics

1.00

SPSB MSCI ESG Ratings

4.90 / 10

37.40

37.09

8.00%

4.06%

200.50

SPSB Holdings Statistics

SPSB

Segment Benchmark

Weighted Avg. Maturity

Effective Duration

1.74

Key Rate Duration (2 year)

Key Rate Duration (10 year)

2.06%

Credit Spread Duration

1.75

Concentration

Low

Number of Holdings

1149

Weighted Avg. Credit

N/A

SPSB Maturity Distribution

SPSB

Segment Benchmark

0 - 1 Year

1 - 3 Years

3 - 5 Years

5 - 7 Years

7 - 10 Years

10+ Years

SPSB Credit Breakdown

SPSB

Segment Benchmark

AAA

BBB

CCC

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Data provider:
Terms of Use

MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.

SPSB

SPSB Fund Description

SPSB Factset Analytics Insight

SPSB MSCI ESG Analytics Insight

Related Articles

SPSB Charts And Performance

SPSB Summary Data

SPSB Portfolio Data

SPSB Index Data

SPSB Portfolio Management

SPSB Tax Exposures

SPSB Fund Structure

SPSB Factset Analytics Block Liquidity

SPSB Tradability

SPSB Sector/Industry Breakdown

SPSB Top 10 Holdings[View All]

SPSB Top 5 Countries

SPSB Top 5 Currencies

SPSB Performance Statistics

SPSB MSCI ESG Ratings

SPSB Holdings Statistics

SPSB Maturity Distribution

SPSB Credit Breakdown