Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
SPBO
Upturn stock ratingUpturn stock rating

SPDR Portfolio Corporate Bond (SPBO)

Upturn stock ratingUpturn stock rating
$29.27
Last Close (24-hour delay)
Profit since last BUY2.52%
upturn advisory
Consider higher Upturn Star rating
BUY since 50 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

08/14/2025: SPBO (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF
Historic Profit 5.32%
Avg. Invested days 41
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
ETF Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Volume (30-day avg) -
Beta 1.19
52 Weeks Range 27.18 - 29.16
Updated Date 06/30/2025
52 Weeks Range 27.18 - 29.16
Updated Date 06/30/2025

ai summary icon Upturn AI SWOT

SPDR Portfolio Corporate Bond

stock logo

ETF Overview

overview logo Overview

The SPDR Portfolio Corporate Bond ETF (SPBO) seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg U.S. Corporate Bond Index. It offers broad exposure to the U.S. corporate bond market with investment-grade credit quality and aims for a diversified portfolio of corporate bonds.

reliability logo Reputation and Reliability

State Street Global Advisors (SSGA) is a well-established and reputable ETF issuer with a long track record in the industry.

reliability logo Management Expertise

SSGA has extensive experience in managing fixed-income portfolios, including ETFs tracking various bond indices.

Investment Objective

overview logo Goal

To closely match the returns of the Bloomberg U.S. Corporate Bond Index.

Investment Approach and Strategy

Strategy: The ETF employs a passive management strategy, seeking to replicate the performance of its benchmark index.

Composition The ETF holds a diversified portfolio of U.S. dollar-denominated, investment-grade corporate bonds.

Market Position

Market Share: SPBO holds a moderate market share in the broad U.S. corporate bond ETF segment.

Total Net Assets (AUM): 4480000000

Competitors

overview logo Key Competitors

  • LQD
  • VCIT
  • IGIB

Competitive Landscape

The U.S. corporate bond ETF market is competitive, with several large ETFs dominating market share. SPBO is a cost-effective option. Competitors may have longer track records or slightly different index methodologies.

Financial Performance

Historical Performance: Historical performance varies based on market interest rates and credit spreads. Performance data available on fund factsheet.

Benchmark Comparison: The ETF's performance should closely track the Bloomberg U.S. Corporate Bond Index. Tracking error is expected to be low.

Expense Ratio: 0.04

Liquidity

Average Trading Volume

SPBO typically exhibits moderate trading volume, reflecting sufficient liquidity for most investors.

Bid-Ask Spread

The bid-ask spread is generally tight, indicating efficient trading and minimal transaction costs.

Market Dynamics

Market Environment Factors

Interest rate movements, credit spreads, and overall economic conditions influence the performance of SPBO.

Growth Trajectory

Growth is correlated to investors' demand for corporate bond exposure and adoption of low-cost ETFs, changes in bond yields and credit spreads.

Moat and Competitive Advantages

Competitive Edge

SPBO's primary advantage is its low expense ratio, making it a cost-effective choice for investors seeking broad exposure to the U.S. corporate bond market. Its strength lies in efficient replication of the Bloomberg U.S. Corporate Bond Index with a strategy that focuses on value for the investor. Furthermore, it benefits from the scale and resources of State Street Global Advisors. SPBO provides comprehensive exposure to the investment grade corporate bond market at a relatively low cost.

Risk Analysis

Volatility

SPBO's volatility is influenced by interest rate sensitivity and credit risk. It is generally less volatile than equity ETFs.

Market Risk

The ETF is subject to interest rate risk (rising rates can decrease bond values) and credit risk (risk of issuers defaulting on their debt).

Investor Profile

Ideal Investor Profile

SPBO is suitable for investors seeking broad exposure to the U.S. corporate bond market with an investment-grade focus. It is suitable for investors looking for a fixed income component with a lower risk tolerance.

Market Risk

SPBO is best for long-term investors seeking passive exposure to corporate bonds, suitable for those looking to diversify a portfolio and benefit from relatively stable income.

Summary

SPDR Portfolio Corporate Bond ETF (SPBO) offers low-cost access to the U.S. corporate bond market, tracking the Bloomberg U.S. Corporate Bond Index. Managed by State Street Global Advisors, a reputable issuer, it provides diversified exposure to investment-grade corporate bonds with minimal tracking error. It is most suitable for long-term investors seeking passive income and diversification while accepting moderate interest rate and credit risks. The ETF's competitive advantage lies in its low expense ratio, making it attractive for cost-conscious investors seeking broad corporate bond exposure.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • State Street Global Advisors (SSGA) Fund Factsheet
  • Bloomberg
  • ETF.com

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Investment decisions should be made in consultation with a financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About SPDR Portfolio Corporate Bond

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of the investment grade corporate bond market.