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ULST
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SPDR® SSgA Ultra Short Term Bond ETF (ULST)

Upturn stock ratingUpturn stock rating
$40.59
Last Close (24-hour delay)
Profit since last BUY3.86%
upturn advisory
Consider higher Upturn Star rating
BUY since 204 days
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Upturn Advisory Summary

08/14/2025: ULST (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 12.23%
Avg. Invested days 273
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
ETF Returns Performance Upturn Returns Performance 3.0
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 0.08
52 Weeks Range 38.59 - 40.66
Updated Date 06/29/2025
52 Weeks Range 38.59 - 40.66
Updated Date 06/29/2025

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SPDR® SSgA Ultra Short Term Bond ETF

stock logo

ETF Overview

overview logo Overview

The SPDRu00ae SSgA Ultra Short Term Bond ETF (ticker: SPSB) seeks to provide current income while maintaining liquidity and aims to invest primarily in U.S. dollar-denominated investment-grade fixed-income securities with maturities of less than one year. It is designed for investors seeking a conservative fixed-income option with minimal interest rate risk.

reliability logo 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.

reliability logo Management Expertise

SSGA has a dedicated fixed-income team with significant experience in managing ultra-short-term bond portfolios.

Investment Objective

overview logo Goal

The primary investment goal of SPSB is to provide current income while seeking to preserve capital and maintain a high degree of liquidity.

Investment Approach and Strategy

Strategy: SPSB does not track a specific index but employs an active management strategy focusing on U.S. dollar-denominated investment-grade debt securities.

Composition SPSB holds a portfolio of short-term U.S. Treasury securities, agency bonds, corporate bonds, and asset-backed securities.

Market Position

Market Share: SPSB holds a moderate market share within the ultra-short-term bond ETF category.

Total Net Assets (AUM): 6570000000

Competitors

overview logo Key Competitors

  • MINT
  • BIL
  • GBIL
  • NEAR

Competitive Landscape

The ultra-short-term bond ETF market is competitive, with several established players. SPSB's advantage lies in SSGA's expertise and brand recognition. A potential disadvantage is its expense ratio compared to some passively managed competitors.

Financial Performance

Historical Performance: SPSB's performance has been consistent with its investment objective, delivering stable returns with low volatility. Historical performance data needs to be gathered from financial data providers.

Benchmark Comparison: SPSB's performance is often compared to the ICE BofA US Treasury Bill Index, and Libor, SOFR or similar.

Expense Ratio: 0.12

Liquidity

Average Trading Volume

SPSB exhibits robust liquidity as evidenced by its healthy average daily trading volume.

Bid-Ask Spread

SPSB generally maintains a tight bid-ask spread, making it cost-effective to trade.

Market Dynamics

Market Environment Factors

Economic indicators such as interest rate policy, inflation, and economic growth prospects significantly impact SPSB's performance.

Growth Trajectory

SPSB's growth is closely tied to investor demand for conservative fixed-income investments and the prevailing interest rate environment. There may be changes to its holdings based on market conditions.

Moat and Competitive Advantages

Competitive Edge

SPSB benefits from SSGA's well-established brand and its experienced fixed-income management team. Its active management approach allows it to adapt to changing market conditions. SPSB's focus on high-quality, short-term securities provides a degree of stability. The ETF provides a convenient way for investors to access a diversified portfolio of ultra-short-term bonds, and its liquidity makes it easy to buy and sell shares.

Risk Analysis

Volatility

SPSB exhibits low volatility due to its focus on short-term, high-quality securities.

Market Risk

SPSB is subject to interest rate risk, credit risk (though minimized by focusing on investment-grade debt), and inflation risk, although to a lesser extent than longer-duration bonds.

Investor Profile

Ideal Investor Profile

SPSB is suitable for risk-averse investors, those seeking a cash alternative, or investors looking to preserve capital while generating some income.

Market Risk

SPSB is well-suited for short-term investors and those seeking a stable, low-volatility investment option.

Summary

The SPDRu00ae SSgA Ultra Short Term Bond ETF (SPSB) provides a conservative fixed-income option focused on current income and capital preservation. Managed by State Street Global Advisors, it invests in high-quality, short-term debt securities. SPSB is suitable for risk-averse investors seeking a cash alternative or a stable component in a diversified portfolio. It faces competition from other ultra-short-term bond ETFs but benefits from SSGA's reputation and active management approach.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • State Street Global Advisors (SSGA) website
  • ETF.com
  • Morningstar
  • Bloomberg

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.

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® SSgA Ultra Short Term Bond ETF

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

The Adviser invests, under normal circumstances, at least 80% of the fund's net assets (plus the amount of borrowings for investment purposes) in a portfolio of U.S. dollar-denominated investment-grade fixed income securities. The fund may also invest in exchange traded products (ETPs). It is non-diversified.