SPLB
SPLB 2-star rating from Upturn Advisory

SPDR Barclays Long Term Corporate Bond (SPLB)

SPDR Barclays Long Term Corporate Bond (SPLB) 2-star rating from Upturn Advisory
$22.83
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Upturn Advisory Summary

12/05/2025: SPLB (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 2 star rating for performance

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type ETF
Historic Profit 3.32%
Avg. Invested days 47
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
ETF Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/05/2025

Key Highlights

Volume (30-day avg) -
Beta 2.04
52 Weeks Range 20.82 - 23.59
Updated Date 06/29/2025
52 Weeks Range 20.82 - 23.59
Updated Date 06/29/2025

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

SPDR Barclays Long Term Corporate Bond

SPDR Barclays Long Term Corporate Bond(SPLB) company logo displayed in Upturn AI summary

ETF Overview

overview logo Overview

The SPDR Portfolio Long Term Corporate Bond ETF (SPLB) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Barclays U.S. Long Corporate Index. It invests primarily in investment-grade U.S. dollar-denominated corporate bonds with remaining maturities of 10 years or more.

Reputation and Reliability logo Reputation and Reliability

State Street Global Advisors (SSGA) is a well-established and reputable asset manager with a long history of managing ETFs and other investment products.

Leadership icon representing strong management expertise and executive team Management Expertise

SSGA has a large and experienced team of investment professionals dedicated to managing fixed-income ETFs.

Investment Objective

Icon representing investment goals and financial objectives Goal

The fund seeks to track the investment results of an index composed of long-term U.S. corporate bonds.

Investment Approach and Strategy

Strategy: SPLB employs a passive management strategy, attempting to replicate the performance of the Bloomberg Barclays U.S. Long Corporate Index.

Composition The ETF holds a portfolio of U.S. dollar-denominated investment-grade corporate bonds with maturities of 10 years or more.

Market Position

Market Share: SPLB's market share represents a portion of the broader long-term corporate bond ETF market.

Total Net Assets (AUM): 329000000

Competitors

Key Competitors logo Key Competitors

  • Vanguard Long-Term Corporate Bond ETF (VCLT)
  • iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB)
  • PIMCO Investment Grade Corporate Bond Index ETF (CORP)

Competitive Landscape

The long-term corporate bond ETF market is competitive, with several major players. SPLB is a cost effective fund, however, has lower AUM compared to its peers like VCLT. While SPLB offers exposure to the long-term corporate bond market, VCLT, with higher AUM, offers economies of scale.

Financial Performance

Historical Performance: Historical performance varies with interest rate fluctuations. Data needed from public financial records.

Benchmark Comparison: SPLB's performance closely tracks the Bloomberg Barclays U.S. Long Corporate Index. Data needed from public financial records.

Expense Ratio: 0.04

Liquidity

Average Trading Volume

SPLB's average trading volume provides sufficient liquidity for most investors.

Bid-Ask Spread

SPLB typically has a relatively tight bid-ask spread, minimizing trading costs.

Market Dynamics

Market Environment Factors

Interest rate changes, credit spreads, and overall economic growth influence SPLB's performance.

Growth Trajectory

SPLB's growth is influenced by investor demand for long-term corporate bond exposure and overall market conditions.

Moat and Competitive Advantages

Competitive Edge

SPLB's advantages include its low expense ratio and the backing of State Street Global Advisors. It offers exposure to long-term investment grade corporate bonds. The passive management strategy reduces management costs. However, its AUM is lower compared to competitors, potentially limiting its trading volume relative to larger ETFs.

Risk Analysis

Volatility

SPLB's volatility is sensitive to interest rate changes, especially in the long-term maturities.

Market Risk

SPLB is subject to credit risk and interest rate risk, and economic downturns can negatively impact the value of its holdings.

Investor Profile

Ideal Investor Profile

SPLB is suitable for investors seeking income and diversification through exposure to long-term corporate bonds and who understand interest rate risk.

Market Risk

SPLB is generally best for long-term investors seeking a stable source of income.

Summary

SPLB is a passively managed ETF offering exposure to long-term investment-grade corporate bonds, making it a useful tool for income-seeking investors. Its low expense ratio is a key advantage. However, investors should be aware of the interest rate sensitivity inherent in long-term bond investments. The fundu2019s performance is largely driven by prevailing market interest rates and credit spreads.

Similar ETFs

Sources and Disclaimers

Data Sources:

  • State Street Global Advisors Website
  • Bloomberg
  • ETF.com

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and professional advice.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About SPDR Barclays Long Term 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 U.S. corporate bonds that have a maturity of greater than or equal to 10 years.