State Street SPDR Portfolio Short Term Corporate Bond ETF (SPSB)
Market Price (9/17/2026): $29.67
State Street SPDR Portfolio Short Term Corporate Bond ETF (SPSB)
Market Price (9/17/2026): $29.67
Key Takeaways
- SPSB has returned +0.7% YTD vs +10.9% for SPY, -1.8% for AGG; +1.9% over the past 12 months (SPY +15.2%, AGG -1.4%). details →
- Priced in gold, SPSB has returned -48.7% over the past 3 years, vs +15.8% in dollars — its dollar gains have lagged gold. details →
- Over the past month, SPSB has seen net inflows of +$436M (+4.1% of assets). details →
- SPSB yields 4.01% based on its trailing 12-month distributions.
- SPSB is trading within 1.0% of its all-time high. details →
Asset Allocation with SPSB
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| SPSB Return | -0% | -3% | 6% | 5% | 6% | 1% | 14% |
| Peers Return | -0% | -6% | 6% | 5% | 7% | 0% | 12% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 11% | 102% |
Monthly Win Rates [3] | |||||||
| SPSB Win Rate | 42% | 33% | 75% | 75% | 100% | 78% | |
| Peers Win Rate | 39% | 33% | 64% | 67% | 100% | 63% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| SPSB Max Drawdown | -1% | -5% | -1% | -1% | -1% | -1% | |
| Peers Max Drawdown | -1% | -8% | -2% | -1% | -1% | -1% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: VCSH, IGSB, DFSD.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/16/2026 (YTD)
Sharpe Ratios Compared
One measure of reward vs. risk is a Sharpe ratio. A higher ratio indicates better risk-adjusted returns. Most funds have Sharpe ratios < 1.0.
Results as of 8312026.How Low Can It Go
| Event | SPSB | S&P 500 |
|---|---|---|
| 2020 COVID-19 Crash | ||
| % Loss | -11.0% | -33.7% |
| % Gain to Breakeven | 12.4% | 50.9% |
| Time to Breakeven | 21 days | 140 days |
In The Past
State Street SPDR Portfolio Short Term Corporate Bond ETF's stock fell 0.0% during the 2025 US Tariff Shock. Such a loss loss requires a 0.0% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
In The Past
State Street SPDR Portfolio Short Term Corporate Bond ETF's stock fell 0.0% during the 2025 US Tariff Shock. Such a loss loss requires a 0.0% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
Current Dip Buy Opportunities Across ETFs
ETFs currently down 5% or more from trailing 6M peaks.
| Ticker | Name | Dip % | Mkt Price | Price Date | Peak Price | Peak Date | # Days |
|---|---|---|---|---|---|---|---|
| DIA | State Street SPDR Dow Jones Industrial Average ETF Trust | -5.1% | 515.22 | 9162026 | 542.81 | 8052026 | 42 |
| QQQ | Invesco QQQ Trust, Series 1 | -5.6% | 704.72 | 9162026 | 746.16 | 6022026 | 106 |
| QQQM | Invesco NASDAQ 100 ETF | -5.5% | 290.20 | 9162026 | 307.23 | 6022026 | 106 |
| QQEW | First Trust Nasdaq-100 Select Equal Weight ETF | -6.6% | 155.99 | 9162026 | 167.03 | 8132026 | 34 |
| IJH | iShares Core S&P Mid-Cap ETF | -7.5% | 72.80 | 9162026 | 78.67 | 8162026 | 31 |
| VO | Vanguard Mid-Cap ETF | -5.8% | 79.54 | 9162026 | 84.46 | 8162026 | 31 |
| IWR | iShares Russell Mid-Cap ETF | -6.1% | 107.83 | 9162026 | 114.82 | 8162026 | 31 |
| MDY | State Street SPDR S&P MIDCAP 400 ETF Trust | -7.1% | 665.88 | 9162026 | 716.91 | 8162026 | 31 |
| SCHM | Schwab U.S. Mid-Cap ETF | -6.3% | 34.56 | 9162026 | 36.87 | 6302026 | 78 |
| IVOO | Vanguard S&P Mid-Cap 400 ETF | -7.1% | 123.63 | 9162026 | 133.08 | 8162026 | 31 |
| IJR | iShares Core S&P Small-Cap ETF | -7.3% | 139.46 | 9162026 | 150.44 | 8162026 | 31 |
| VB | Vanguard Small-Cap ETF | -6.6% | 288.98 | 9162026 | 309.29 | 8162026 | 31 |
| IWM | iShares Russell 2000 ETF | -6.9% | 283.92 | 9162026 | 305.09 | 8162026 | 31 |
| SCHA | Schwab U.S. Small-Cap ETF | -8.5% | 33.06 | 9162026 | 36.13 | 6302026 | 78 |
| VTWO | Vanguard Russell 2000 ETF | -6.7% | 115.07 | 9162026 | 123.31 | 8162026 | 31 |
| DFAS | Dimensional U.S. Small Cap ETF | -6.1% | 79.29 | 9162026 | 84.48 | 8162026 | 31 |
| ESML | iShares ESG Aware MSCI USA Small-Cap ETF | -6.6% | 52.92 | 9162026 | 56.64 | 8162026 | 31 |
| NUSC | Nuveen ESG Small-Cap ETF | -6.9% | 49.57 | 9162026 | 53.27 | 8162026 | 31 |
| IWF | iShares Russell 1000 Growth ETF | -6.3% | 120.54 | 9162026 | 128.66 | 6012026 | 107 |
| VONG | Vanguard Russell 1000 Growth ETF | -6.1% | 124.23 | 9162026 | 132.35 | 6012026 | 107 |
| AKRE | Akre Focus ETF | -9.2% | 56.19 | 9162026 | 61.85 | 8302026 | 17 |
| IWP | iShares Russell Mid-Cap Growth ETF | -8.2% | 135.56 | 9162026 | 147.70 | 8172026 | 30 |
| VOT | Vanguard Mid-Cap Growth ETF | -7.8% | 289.52 | 9162026 | 314.02 | 8162026 | 31 |
| IJK | iShares S&P Mid-Cap 400 Growth ETF | -8.4% | 109.14 | 9162026 | 119.11 | 8172026 | 30 |
| MDYG | State Street SPDR S&P 400 Mid Cap Growth ETF | -8.3% | 104.26 | 9162026 | 113.69 | 8172026 | 30 |
| IWO | iShares Russell 2000 Growth ETF | -8.7% | 361.11 | 9162026 | 395.65 | 8162026 | 31 |
| VBK | Vanguard Small-Cap Growth ETF | -8.5% | 335.15 | 9162026 | 366.24 | 8172026 | 30 |
| IJT | iShares S&P Small-Cap 600 Growth ETF | -8.9% | 163.20 | 9162026 | 179.07 | 8042026 | 43 |
| SLYG | State Street SPDR S&P 600 Small Cap Growth ETF | -8.6% | 109.17 | 9162026 | 119.50 | 8042026 | 43 |
| IWS | iShares Russell Mid-Cap Value ETF | -5.5% | 163.91 | 9162026 | 173.44 | 8162026 | 31 |
| IJJ | iShares S&P Mid-Cap 400 Value ETF | -6.4% | 141.98 | 9162026 | 151.67 | 8162026 | 31 |
| MDYV | State Street SPDR S&P 400 Mid Cap Value ETF | -6.0% | 91.53 | 9162026 | 97.39 | 8162026 | 31 |
| VBR | Vanguard Small-Cap Value ETF | -5.1% | 238.83 | 9162026 | 251.66 | 8162026 | 31 |
| IWN | iShares Russell 2000 Value ETF | -5.1% | 215.86 | 9162026 | 227.43 | 8162026 | 31 |
| IJS | iShares S&P Small-Cap 600 Value ETF | -6.0% | 132.23 | 9162026 | 140.68 | 8162026 | 31 |
| SLYV | State Street SPDR S&P 600 Small Cap Value ETF | -5.6% | 105.94 | 9162026 | 112.22 | 8162026 | 31 |
| VIOV | Vanguard S&P Small-Cap 600 Value ETF | -5.6% | 114.02 | 9162026 | 120.76 | 8162026 | 31 |
| IEMG | iShares Core MSCI Emerging Markets ETF | -6.8% | 80.11 | 9162026 | 86.00 | 6222026 | 86 |
| EEM | iShares MSCI Emerging Markets ETF | -7.7% | 65.72 | 9162026 | 71.21 | 6222026 | 86 |
| ASHR | Xtrackers Harvest CSI 300 China A-Shares ETF | -10.8% | 33.28 | 9162026 | 37.30 | 6222026 | 86 |
| EWY | iShares MSCI South Korea ETF | -19.9% | 175.54 | 9162026 | 219.20 | 6212026 | 87 |
| EWZ | iShares MSCI Brazil ETF | -10.2% | 37.48 | 9162026 | 41.73 | 4142026 | 155 |
| FXI | iShares China Large-Cap ETF | -11.3% | 33.92 | 9162026 | 38.26 | 5132026 | 126 |
| ILF | iShares Latin America 40 ETF | -8.1% | 35.03 | 9162026 | 38.10 | 4142026 | 155 |
| KWEB | KraneShares CSI China Internet ETF | -20.8% | 24.24 | 9162026 | 30.59 | 5132026 | 126 |
| CGDV | Capital Group Dividend Value ETF | -5.6% | 48.55 | 9162026 | 51.44 | 8132026 | 34 |
| NOBL | ProShares S&P 500 Dividend Aristocrats ETF | -5.5% | 55.85 | 9162026 | 59.07 | 8242026 | 23 |
| MTUM | iShares MSCI USA Momentum Factor ETF | -13.1% | 299.83 | 9162026 | 345.22 | 6222026 | 86 |
| SPHQ | Invesco S&P 500 Quality ETF | -7.9% | 82.95 | 9162026 | 90.10 | 6302026 | 78 |
| FNDA | Schwab Fundamental U.S. Small Company ETF | -6.9% | 35.88 | 9162026 | 38.52 | 8162026 | 31 |
| SPMO | Invesco S&P 500 Momentum ETF | -11.1% | 143.66 | 9162026 | 161.66 | 6222026 | 86 |
| URA | Global X Uranium ETF | -29.0% | 41.37 | 9162026 | 58.26 | 5062026 | 133 |
| BOTZ | Global X Funds Global X Robotics & Artificial Intelligence ETF | -16.6% | 34.72 | 9162026 | 41.63 | 5132026 | 126 |
| ROBO | ROBO Global Robotics & Automation Index ETF | -14.1% | 77.56 | 9162026 | 90.34 | 6022026 | 106 |
| LIT | Global X Lithium & Battery Tech ETF | -23.8% | 69.85 | 9162026 | 91.62 | 5112026 | 128 |
| ICLN | iShares Global Clean Energy ETF | -27.1% | 17.32 | 9162026 | 23.75 | 6022026 | 106 |
| ARKQ | ARK Autonomous Technology & Robotics ETF | -17.0% | 119.39 | 9162026 | 143.82 | 5282026 | 111 |
| ARKX | ARK Space & Defense Innovation ETF | -16.3% | 31.58 | 9162026 | 37.74 | 5282026 | 111 |
| NASA | Tema Space Innovators ETF | -44.6% | 23.20 | 9162026 | 41.89 | 5272026 | 112 |
| AGIX | KraneShares Artificial Intelligence ETF | -9.1% | 44.92 | 9162026 | 49.40 | 6012026 | 107 |
| DRSK | Aptus Defined Risk ETF | -6.7% | 27.69 | 9162026 | 29.67 | 6012026 | 107 |
| YYY | Amplify CEF High Income ETF | -7.0% | 10.75 | 9162026 | 11.56 | 7122026 | 66 |
| GDE | WisdomTree Efficient Gold Plus Equity Strategy Fund | -9.2% | 64.72 | 9162026 | 71.30 | 8252026 | 22 |
| VGT | Vanguard Information Technology ETF | -5.3% | 118.92 | 9162026 | 125.62 | 6022026 | 106 |
| XLK | State Street Technology Select Sector SPDR ETF | -7.2% | 183.93 | 9162026 | 198.21 | 6022026 | 106 |
| XLI | State Street Industrial Select Sector SPDR ETF | -9.5% | 168.71 | 9162026 | 186.51 | 8162026 | 31 |
| XLC | State Street Communication Services Select Sector SPDR ETF | -5.1% | 113.00 | 9162026 | 119.10 | 4192026 | 150 |
| XLY | State Street Consumer Discretionary Select Sector SPDR ETF | -9.7% | 110.18 | 9162026 | 122.06 | 5282026 | 111 |
| XLU | State Street Utilities Select Sector SPDR ETF | -12.4% | 41.32 | 9162026 | 47.15 | 4092026 | 160 |
| XLB | State Street Materials Select Sector SPDR ETF | -6.2% | 50.36 | 9162026 | 53.67 | 8262026 | 21 |
| IYJ | iShares U.S. Industrials ETF | -8.5% | 155.36 | 9162026 | 169.86 | 8042026 | 43 |
| IYM | iShares U.S. Basic Materials ETF | -7.3% | 182.17 | 9162026 | 196.45 | 8252026 | 22 |
| SMH | VanEck Semiconductor ETF | -18.4% | 545.56 | 9162026 | 668.91 | 6222026 | 86 |
| SOXX | iShares Semiconductor ETF | -23.4% | 502.06 | 9162026 | 655.01 | 6222026 | 86 |
| IBB | iShares Biotechnology ETF | -6.7% | 202.40 | 9162026 | 216.96 | 8192026 | 28 |
| XBI | State Street SPDR S&P Biotech ETF | -9.1% | 154.18 | 9162026 | 169.55 | 8192026 | 28 |
| ITA | iShares U.S. Aerospace & Defense ETF | -15.0% | 215.27 | 9162026 | 253.22 | 8162026 | 31 |
| IYT | iShares U.S. Transportation ETF | -10.9% | 80.16 | 9162026 | 90.01 | 7162026 | 62 |
| IAI | iShares U.S. Broker-Dealers & Securities Exchanges ETF | -8.5% | 181.16 | 9162026 | 198.06 | 9032026 | 13 |
| KRE | State Street SPDR S&P Regional Banking ETF | -6.7% | 72.74 | 9162026 | 77.93 | 8162026 | 31 |
| MISL | First Trust Indxx Aerospace & Defense ETF | -13.6% | 42.50 | 9162026 | 49.19 | 5282026 | 111 |
| RING | iShares MSCI Global Gold Miners ETF | -12.4% | 81.58 | 9162026 | 93.17 | 8252026 | 22 |
| SOXQ | Invesco PHLX Semiconductor ETF | -23.1% | 88.57 | 9162026 | 115.11 | 6222026 | 86 |
| TLT | iShares 20+ Year Treasury Bond ETF | -6.8% | 80.88 | 9162026 | 86.78 | 6292026 | 79 |
| VGLT | Vanguard Long-Term Treasury ETF | -5.9% | 51.89 | 9162026 | 55.12 | 6292026 | 79 |
| SPTL | State Street SPDR Portfolio Long Term Treasury ETF | -6.2% | 24.69 | 9162026 | 26.33 | 6292026 | 79 |
| TLH | iShares 10-20 Year Treasury Bond ETF | -5.6% | 94.93 | 9162026 | 100.56 | 6292026 | 79 |
| EDV | Vanguard World Funds Extended Duration ETF | -9.3% | 59.31 | 9162026 | 65.43 | 6242026 | 84 |
| VCLT | Vanguard Long-Term Corporate Bond ETF | -5.2% | 70.93 | 9162026 | 74.85 | 6292026 | 79 |
| SPLB | State Street SPDR Portfolio Long Term Corporate Bond ETF | -5.8% | 21.11 | 9162026 | 22.40 | 6292026 | 79 |
| IGLB | iShares 10+ Year Investment Grade Corporate Bond ETF | -5.6% | 47.25 | 9162026 | 50.05 | 6292026 | 79 |
| LMUB | iShares Long-Term National Muni Bond ETF | -6.5% | 47.71 | 9162026 | 51.00 | 7052026 | 73 |
| GSG | iShares GSCI Commodity | -5.8% | 30.01 | 9162026 | 31.85 | 3182026 | 182 |
| GLD | SPDR Gold Trust | -12.2% | 391.74 | 9162026 | 445.93 | 4192026 | 150 |
| IAU | iShares Gold Trust | -12.1% | 80.32 | 9162026 | 91.34 | 4192026 | 150 |
| GLDM | SPDR Gold MiniShares Trust | -12.0% | 84.53 | 9162026 | 96.04 | 4192026 | 150 |
| BAR | Direxion Daily Gold Bull 3X Shares | -7.0% | 44.34 | 9162026 | 47.68 | 3182026 | 182 |
| SLV | iShares Silver Trust | -28.1% | 57.05 | 9162026 | 79.35 | 5132026 | 126 |
| PPLT | ETFS Physical Platinum Shares | -19.0% | 15.83 | 9162026 | 19.55 | 5132026 | 126 |
| PALL | ETFS Physical Palladium Shares | -20.0% | 23.11 | 9162026 | 28.89 | 4142026 | 155 |
| UNG | United States Natural Gas Fund LP | -18.2% | 10.36 | 9162026 | 12.67 | 3182026 | 182 |
| BNO | United States Brent Oil Fund LP ETV | -7.1% | 55.85 | 9162026 | 60.13 | 5042026 | 135 |
| VNQ | Vanguard Real Estate ETF | -7.4% | 93.48 | 9162026 | 100.95 | 7282026 | 50 |
| XLRE | State Street Real Estate Select Sector SPDR ETF | -7.0% | 42.81 | 9162026 | 46.01 | 7282026 | 50 |
| SCHH | Schwab U.S. REIT ETF | -8.0% | 22.88 | 9162026 | 24.86 | 7262026 | 52 |
| IYR | iShares U.S. Real Estate ETF | -8.0% | 98.65 | 9162026 | 107.26 | 7282026 | 50 |
| REET | iShares Global REIT ETF | -8.8% | 26.36 | 9162026 | 28.89 | 7262026 | 52 |
| USRT | iShares Core U.S. REIT ETF | -9.5% | 63.16 | 9162026 | 69.82 | 7262026 | 52 |
| IBIT | iShares Bitcoin Trust ETF | -7.4% | 43.04 | 9162026 | 46.47 | 5112026 | 128 |
| FBTC | Fidelity Wise Origin Bitcoin Fund | -7.4% | 66.10 | 9162026 | 71.35 | 5112026 | 128 |
| ETHA | iShares Ethereum Trust ETF | -5.3% | 18.15 | 9162026 | 19.17 | 9142026 | 2 |
ETF Fund Flows
Largest fund inflows and outflows across ETFs, with the asset-allocation rotation they imply.
Asset allocation rotation · Past month
- Equity ETFs drew the largest net inflows (+$62.6B), followed by Bond (+$15.1B), while Real Estate (−$143M) saw the largest outflows.
- Within the mix, money rotated into US Mid Cap Core (+$11.0B) and out of US Large Cap Core (−$10.6B).
- Relative to fund size, CNEQ drew the largest inflow (+73.8% of AUM) and SNXX the largest outflow (−32.3%).
| # | Ticker | Name | Net flow | % of AUM |
|---|---|---|---|---|
| 1 | VOO | Vanguard S&P 500 ETF | +$57.4B | +5.5% |
| 2 | VTI | Vanguard Morningstar Total Stock Market ETF | +$9.38B | +1.4% |
| 3 | SGOV | iShares 0-3 Month Treasury Bond ETF | +$7.25B | +6.8% |
| 4 | SPMO | Invesco S&P 500 Momentum ETF | +$7.15B | +32.2% |
| 5 | SCHD | Schwab U.S. Dividend Equity ETF | +$6.03B | +5.4% |
| 6 | SMH | VanEck Semiconductor ETF | +$4.63B | +6.8% |
| 7 | VGSH | Vanguard Short-Term Treasury ETF | +$4.52B | +13.1% |
| 8 | VUG | Vanguard Morningstar Growth ETF | +$4.43B | +2.0% |
| 9 | GLD | SPDR Gold Shares | +$4.06B | +2.7% |
| 10 | VO | Vanguard Morningstar Mid-Cap ETF | +$4.04B | +3.7% |
| # | Ticker | Name | Net flow | % of AUM |
|---|---|---|---|---|
| 1 | IVV | iShares Core S&P 500 ETF | -$50.76B | -5.8% |
| 2 | SPY | State Street SPDR S&P 500 ETF | -$20.78B | -2.6% |
| 3 | LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | -$5.08B | -16.1% |
| 4 | QQQ | Invesco QQQ Trust, Series 1 | -$4.21B | -0.9% |
| 5 | HYG | iShares iBoxx $ High Yield Corporate Bond ETF | -$2.82B | -18.0% |
| 6 | VGIT | Vanguard Intermediate-Term Treasury ETF | -$2.39B | -6.0% |
| 7 | DRAM | Roundhill Memory ETF | -$2.29B | -8.8% |
| 8 | XLF | State Street Financial Select Sector SPDR ETF | -$2.27B | -4.1% |
| 9 | EWY | iShares MSCI South Korea ETF | -$1.91B | -6.9% |
| 10 | GOVT | iShares U.S. Treasury Bond ETF | -$1.59B | -3.8% |
Largest ETF fund flows across ~2634 funds (min AUM $100M). Net creations/redemptions; leveraged & inverse ETFs excluded. A ⚠ marks a day excluded as a suspected data error.
About SPSB
| Holdings Count: 1663Expense Ratio: 0.04%Inception Date: 2009-12-16 | State Street SPDR Portfolio Short Term Corporate Bond ETFSPSB delivers marketlike exposure to short-term US investment-grade corporate bonds. The fund holds USD-denominated, fixed rate and nonconvertible corporate issues, with 1 to 3 years remaining to maturity. The sectors included are Industrial, Utility, and Financial Institutions, which include both U.S. and non-US corporations. SPSB excludes structured notes with special features, private placements, floating rate securities, and Eurobonds. The underlying index is reconstituted monthly. SPSB uses a sampling index strategy, which purchases a subset of securities that matches the return, and risk characteristics of the underlying index. Prior to Oct. 31, 2025, the fund did not use the State Street brand reference in the fund name.Asset Class: Fixed Income | ETF Website |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Profile
| Median | |
|---|---|
| Name | |
| Asset Class | - |
| AUM ($ Bil) | 17.4 |
| Expense Ratio | 0.04% |
| 10-D Avg Volume (Mil) | 3.51 |
| Latest Day Volume (Mil) | 6.54 |
| Holdings Count | 1,469 |
| Inception Date | - |
Fundamentals
| Median | |
|---|---|
| Name | |
| Net Asset Value | - |
| Premium/Discount | -0.1% |
| Distribution Yield | 4.5% |
| Sales Yield | - |
| Earnings Yield | - |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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