Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
SPDR® Portfolio Aggregate Bond ETF (SPAB)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
03/14/2025: SPAB (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit 0.23% | Avg. Invested days 34 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/14/2025 |
Key Highlights
Volume (30-day avg) 2540037 | Beta 1 | 52 Weeks Range 23.64 - 25.84 | Updated Date 03/27/2025 |
52 Weeks Range 23.64 - 25.84 | Updated Date 03/27/2025 |
Upturn AI SWOT
SPDR® Portfolio Aggregate Bond ETF
ETF Overview
Overview
The SPDRu00ae Portfolio Aggregate Bond ETF (SPAB) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg U.S. Aggregate Bond Index. It offers broad exposure to the U.S. investment-grade bond 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 market.
Management Expertise
SSGA has extensive experience in managing fixed-income portfolios and tracking bond indices.
Investment Objective
Goal
To track the performance of the Bloomberg U.S. Aggregate Bond Index.
Investment Approach and Strategy
Strategy: Tracks the Bloomberg U.S. Aggregate Bond Index.
Composition Primarily holds U.S. investment-grade bonds, including government, corporate, and mortgage-backed securities.
Market Position
Market Share: SPAB has a significant market share within the aggregate bond ETF category.
Total Net Assets (AUM): 2210000000
Competitors
Key Competitors
- AGG
- BND
- VUSB
Competitive Landscape
The aggregate bond ETF market is highly competitive, with several large and well-established players. SPAB competes on cost and tracking the Bloomberg U.S. Aggregate Bond Index. Advantages include a low expense ratio, while disadvantages may include smaller AUM compared to competitors.
Financial Performance
Historical Performance: Historical performance data is available from SSGA and various financial websites. As of April 30, 2024, the ETF had a 1-year return of 1.25%, a 3-year return of -2.97%, a 5-year return of 0.30%, and a 10-year return of 2.14%.
Benchmark Comparison: SPAB's performance closely tracks the Bloomberg U.S. Aggregate Bond Index.
Expense Ratio: 0.03
Liquidity
Average Trading Volume
SPAB exhibits good liquidity with a substantial average daily trading volume.
Bid-Ask Spread
The bid-ask spread for SPAB is typically tight, indicating efficient trading.
Market Dynamics
Market Environment Factors
Interest rate movements, inflation expectations, and economic growth influence SPAB's performance.
Growth Trajectory
Growth is dependent on the overall bond market environment and investor demand for broad-based bond exposure; no changes to strategy or holdings are reflected.
Moat and Competitive Advantages
Competitive Edge
SPAB's competitive edge lies in its low expense ratio, efficient tracking of the Bloomberg U.S. Aggregate Bond Index, and the backing of State Street Global Advisors. These factors make it an attractive option for cost-conscious investors seeking broad exposure to the U.S. investment-grade bond market. It has a strong and reliable management team, along with efficient trading and liquidity.
Risk Analysis
Volatility
SPAB's volatility is generally moderate, reflecting the stability of the investment-grade bond market.
Market Risk
The ETF is subject to interest rate risk (rising rates can lower bond values) and credit risk (the risk of bond issuers defaulting).
Investor Profile
Ideal Investor Profile
SPAB is suitable for investors seeking broad exposure to the U.S. investment-grade bond market for diversification or income purposes.
Market Risk
SPAB is best for long-term investors seeking passive index exposure and income.
Summary
SPAB is a low-cost ETF that provides broad exposure to the U.S. investment-grade bond market by tracking the Bloomberg U.S. Aggregate Bond Index. Backed by State Street Global Advisors, it offers liquidity and a tight bid-ask spread. It is most suitable for long-term investors who seek passive income and diversification within their portfolios. Its performance closely mirrors its benchmark, making it a reliable choice for exposure to the bond market.
Similar Companies
- AGG
- BND
- VUSB
Sources and Disclaimers
Data Sources:
- State Street Global Advisors (SSGA)
- Bloomberg
- Yahoo Finance
- 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 financial advisor.
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 Aggregate Bond ETF
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. dollar denominated investment grade bond market.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
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.