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FISRState Street Fixed Income Sector Rotation ETF

Grow my moneyGet income7y track recordRanked #510 of 1,628 in this goal

Seeks to provide total return by focusing on investments in income and yield-generating assets.

By State Street Investment Management · Launched 2019

Annual Cost

0.50%

#2,579 of 5,573 · average

Fund Size

$483M

#1,592 of 5,573 · large

Return (1Y)Goal

+4.5%

Track Record

7 years

#1,889 of 5,573 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,423+4.2%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

Index tracked

Bloomberg US Aggregate Bond Index

What it actually holds

By weight

Concentration

Top 8 holdings = 106.7% of fund✓ diversified through underlying funds

State Street SPDR Portfolio Mortgage Backed Bond ETF
31.3%
State Street SPDR Portfolio Intermediate Term Treasury ETF
21.4%
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
16.2%
State Street SPDR Portfolio Long Term Treasury ETF
12.6%
State Street SPDR Portfolio Long Term Corporate Bond ETF
10.6%
State Street SPDR Bloomberg High Yield Bond ETF
8.0%
State Street Global Advisors
6.7%
State Street Global Advisors
0.1%

Asset allocation

Bonds
97.9%
Cash
2.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
4.4%Low

Year-on-year price swings

Max drawdown
-20.3%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
0.04Below average
Sortino (3Y)
0.05Moderate downside risk

Bond profile

Duration

4.2 years

Avg maturity

9.4 years

Credit ratings

US Government
39.0%
AAA
0.3%
AA
66.8%
A
13.9%
BBB
13.4%
BB
3.0%
B
2.1%
Below B
0.4%
Other
0.0%

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks to provide total return by focusing on investments in income and yield-generating assets.
Strategy
Invests primarily in ETFs focusing on various fixed income sectors, including U.S. government securities, corporate bonds, and high yield securities. The Adviser allocates assets based on a proprietary model that forecasts returns and rebalances the portfolio monthly.
Inception date
April 2, 2019
Fund family
State Street Investment Management

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Closet indexing
Warning

You're paying active fees for an index

This fund charges active-management prices while tracking its benchmark almost perfectly (a high R²). The metrics below show how little active management you're getting for that premium: low tracking error and a fee well above the passive peer median.

R²
93.1%
TE
1.5%
Beta
1.03
Fee
7× 0.07%

Sources: Cremers & Petajisto (2009) · Amihud & Goyenko (2013) · ESMA (2016)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-20