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ULST vs SPTB

State Street Ultra Short Term Bond ETF vs State Street SPDR Portfolio Treasury ETF

ULST

State Street Ultra Short Term Bond ETF

State Street Investment Management

Annual cost

0.20%

Fund size

$600M

SPTB

State Street SPDR Portfolio Treasury ETF

State Street Investment Management

Annual cost

0.03%

Fund size

$187M

Key differences

  • SPTB costs 0.17% less per year.
  • ULST is significantly larger than SPTB — larger funds tend to be more liquid and less likely to close.
  • ULST has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ULSTSPTB
Annual cost (TER)0.20%0.03%
Fund size (AUM)$600M$187M
Since20132024
Dividend yield4.33%4.21%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+4.1%+4.3%
CAGR 3Y+4.9%N/A
CAGR 5Y+3.5%N/A
Sharpe 3Y1.25N/A
Volatility 1Y0.66%3.69%
Max drawdown-6.20%-4.96%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to ULST and SPTB