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Upturn AI SWOT - About
SPDR Portfolio Mortgage Backed Bond (SPMB)
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Upturn Advisory Summary
09/03/2025: SPMB (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star 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 6.72% | Avg. Invested days 49 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 09/03/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.14 | 52 Weeks Range 20.64 - 22.22 | Updated Date 06/30/2025 |
52 Weeks Range 20.64 - 22.22 | Updated Date 06/30/2025 |
Upturn AI SWOT
SPDR Portfolio Mortgage Backed Bond
ETF Overview
Overview
The SPDR Portfolio Mortgage Backed Bond ETF (SPMB) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Barclays US Mortgage Backed Securities Index. It primarily invests in U.S. agency mortgage-backed pass-through securities, offering exposure to the mortgage-backed securities market.
Reputation and Reliability
State Street Global Advisors (SSGA) is a well-established and reputable asset manager with a long track record in the ETF industry.
Management Expertise
SSGA has a dedicated fixed-income team with extensive experience in managing mortgage-backed securities portfolios.
Investment Objective
Goal
The investment objective is to closely track the performance of the Bloomberg Barclays US Mortgage Backed Securities Index.
Investment Approach and Strategy
Strategy: The ETF employs a replication strategy, attempting to hold all or a representative sample of the securities included in the benchmark index.
Composition The ETF holds primarily U.S. agency mortgage-backed pass-through securities.
Market Position
Market Share: SPMB holds a significant but not dominant market share within the mortgage-backed bond ETF segment.
Total Net Assets (AUM): 5050000000
Competitors
Key Competitors
- iShares MBS ETF (MBB)
- Vanguard Mortgage-Backed Securities ETF (VMBS)
- Schwab U.S. Mortgage Backed Securities ETF (SMBS)
Competitive Landscape
The mortgage-backed securities ETF market is competitive, with MBB and VMBS holding a substantial portion of the market share. SPMB offers a low-cost alternative, but its smaller size can affect liquidity compared to larger competitors. SPMB advantages include lower expense ratios, while disadvantages include less trading volume.
Financial Performance
Historical Performance: Historical performance will vary depending on market conditions and interest rate movements, but SPMB seeks to replicate the benchmark index.
Benchmark Comparison: The ETF's performance is typically very close to that of the Bloomberg Barclays US Mortgage Backed Securities Index.
Expense Ratio: 0.04
Liquidity
Average Trading Volume
The average trading volume for SPMB is moderate, providing sufficient liquidity for most investors.
Bid-Ask Spread
The bid-ask spread is typically tight, reflecting the ETF's efficiency and liquidity.
Market Dynamics
Market Environment Factors
Interest rate movements, housing market conditions, and Federal Reserve policy significantly affect SPMB.
Growth Trajectory
Growth is correlated to the general health of mortgage backed securities market, no significant shifts to strategy or holdings are seen.
Moat and Competitive Advantages
Competitive Edge
SPMB's competitive advantage lies in its low expense ratio, making it an attractive option for cost-conscious investors seeking exposure to mortgage-backed securities. While its AUM is smaller than its main competitors, its replication strategy ensures returns align with the broader market. The ETF also benefits from the established reputation of State Street Global Advisors. It caters to a slightly different audience by being very cost efficient compared to its larger competitors.
Risk Analysis
Volatility
Volatility is generally moderate, reflecting the nature of mortgage-backed securities.
Market Risk
The primary risk is interest rate risk, as rising rates can negatively impact the value of mortgage-backed securities.
Investor Profile
Ideal Investor Profile
The ideal investor is a risk-averse individual seeking stable income and diversification within a fixed-income portfolio.
Market Risk
SPMB is best suited for long-term investors seeking passive exposure to the mortgage-backed securities market.
Summary
The SPDR Portfolio Mortgage Backed Bond ETF (SPMB) offers a cost-effective way to invest in the mortgage-backed securities market, tracking the Bloomberg Barclays US Mortgage Backed Securities Index. Managed by State Street Global Advisors, it appeals to risk-averse investors seeking stable income and diversification. While it faces stiff competition from larger ETFs like MBB and VMBS, its low expense ratio provides a competitive edge. Investors should consider interest rate risk and the ETF's moderate liquidity when making investment decisions.
Peer Comparison
Sources and Disclaimers
Data Sources:
- State Street Global Advisors Website
- Bloomberg
- ETF.com
- Morningstar
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 consultation with a qualified financial advisor. Market share data is approximate and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About SPDR Portfolio Mortgage Backed 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 U.S. agency mortgage pass-through segment of the U.S. investment grade bond market.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.