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ETFs

SPDR Portfolio Long Term Corporate Bond ETF

SPLB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 10 2009
Expense Ratio
0.04%
Type
US Bonds
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$13,515,972
AUM
$729,641,645
Associated Index
Bloomberg U.S. Long Term Corporate Bond Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

BUD/46A
Anheuser-Busch InBev Finance Inc. - 4.90% NT REDEEM 01/02/2046 USD 1000
0.46%
CVS48
CVS Health Corp - 5.05% NT REDEEM 25/03/2048 USD 2000
0.36%
n/a
AT+T INC SR UNSECURED 09/55 3.55
0.29%
PFE/43
Pfizer Investment Enterprises Pte. Ltd - 5.11% NT REDEEM 19/05/2043 USD 2000
0.28%
n/a
STATE STREET INSTITUTIONAL LIQ
0.27%
PFE/53
Pfizer Investment Enterprises Pte. Ltd - 5.30% NT REDEEM 19/05/2053 USD 2000
0.27%
BA50A
Boeing Co. - 5.805% NT REDEEM 01/05/2050 USD 2000
0.26%
GS37
Goldman Sachs Group, Inc. - 6.75% NT REDEEM 01/10/2037 USD 2000
0.25%
WFC4969936
WELLS FARGO + COMPANY SR UNSECURED 04/51 VAR
0.25%
T5046545
AT+T INC SR UNSECURED 09/59 3.65
0.24%
Invest with SPLB

What is SPLB?

The SPDR Portfolio Long Term Corporate Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Long U.S. Corporate Index (the Index ). The Bloomberg U.S. Long Term Corporate Bond 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. The Index is a component of the Bloomberg U.S. Corporate Index and includes investment grade, fixed-rate, taxable, U.S. dollar-denominated debt with $300 million or more of par amount outstanding, issued by U.S. and non-U.S. industrial, utility, and financial institutions. Subordinated issues, securities with normal call and put provisions and sinking funds, medium-term notes (if they are publicly underwritten), 144A securities with registration rights, and global issues that are SEC-registered are included. Structured notes with embedded swaps or other special features, as well as private placements, floating-rate securities, and Eurobonds are excluded from the Index.

ETFs related toSPLB

ETFs correlated to SPLB include IGLB, VCLT, LQD

SPLB
SSgA Active Trust - SPDR Portfolio Long Term Corporate Bond ETF
IGLB
BlackRock Institutional Trust Company N.A. - iShares 10 Year Investment Grade Corporate Bond ETF
VCLT
Vanguard Group, Inc. - Vanguard Long-Term Corporate Bond ETF
LQD
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD Investment Grade Corporate Bond ETF
ILTB
BlackRock Institutional Trust Company N.A. - iShares Core 10+ Year USD Bond ETF
SUSC
iShares Trust - iShares Trust iShares ESG Aware USD Corporate Bond ETF
VTC
Vanguard Group, Inc. - Vanguard Total Corporate Bond ETF
VCEB
Vanguard Group, Inc. - Vanguard ESG U.S. Corporate Bond ETF
BLV
Vanguard Group, Inc. - Vanguard Long-Term Bond ETF
QLTA
BlackRock Institutional Trust Company N.A. - iShares Aaa - A Rated Corporate Bond ETF
GIGB
Goldman Sachs ETF Trust - Goldman Sachs Access Investment Grade Corporate Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toSPLB

#DBG

Diversify with Bonds & Gold

Category

Balance Risk Not Assets, Diversification

Risk Rating

Conservative

#LSPV

Lever Up S&P and Control Volatility

Category

Balance Risk Not Assets, Leverage: High Risk, High Reward

Risk Rating

Aggressive

Create your own algorithmic trading strategy with SPLB using Composer

FAQ

SPLB is a US Bonds ETF. The SPDR Portfolio Long Term Corporate Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Long U.S. Corporate Index (the Index ). The Bloomberg U.S. Long Term Corporate Bond 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. The Index is a component of the Bloomberg U.S. Corporate Index and includes investment grade, fixed-rate, taxable, U.S. dollar-denominated debt with $300 million or more of par amount outstanding, issued by U.S. and non-U.S. industrial, utility, and financial institutions. Subordinated issues, securities with normal call and put provisions and sinking funds, medium-term notes (if they are publicly underwritten), 144A securities with registration rights, and global issues that are SEC-registered are included. Structured notes with embedded swaps or other special features, as well as private placements, floating-rate securities, and Eurobonds are excluded from the Index.

SPLB tracks the Bloomberg U.S. Long Term Corporate Bond Index.

No, SPLB is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, SPLB is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SPLB is -0.0257%. This is the percent change in the value of SPLB over the most recent 1-month period. The 3-month return on SPLB is -0.0586%. This is the percent change in the value of SPLB over the most recent 3-month period.

The standard deviation of SPLB for the past year is 0.1553%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SPLB include IGSB, VCIT, and VCSH.

ETFs correlated to SPLB include IGLB, VCLT, and LQD.

ETFs that are inversely correlated to SPLB include TTT, TBF, and TBT.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.