State Street SPDR Portfolio Short Term Treasury ETF (SPTS)
State Street SPDR Portfolio Short Term Treasury ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $28.93, up 0.03% on the session, giving a market capitalisation of $6.11B. Its beta of 0.23 implies it has historically moved less than the broad market.
The State Street SPDR Portfolio Short Term Treasury ETF (SPTS) aims to mirror the price and yield performance of the Bloomberg 1-3 Year U.S. Treasury Index, prior to accounting for its fees and expenses. This low-cost ETF offers precise and extensive investment in U.S. Treasury bonds that have between one and three years remaining until maturity. Given its shorter duration, the fund is typically more resilient to significant interest rate fluctuations compared to investments with longer maturities. Its underlying index is weighted by market capitalization and updated on the last business day of every month. SPTS is also a key component of State Street's economical SPDR Portfolio suite, a collection of foundational ETFs crafted to provide broad, diversified access to essential asset classes.
State Street SPDR Portfolio Short Term Treasury ETF is most often compared with the following Financial Services names: