SPTI — State Street SPDR Portfolio Intermediate Term Treasury ETF

SPTI Price Performance — Growth of $10,000

Value of a $10,000 investment in SPTI over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

SPTI Drawdown

The "underwater" chart: SPTI's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The State Street SPDR Portfolio Intermediate Term Treasury ETF (SPTI) is a government bond fund managed by State Street Investment Management with $10.7 billion in assets. It holds a C grade and ranks 13th out of 22 peers in the US Bonds - Government category, while sitting at #341 overall among all tracked ETFs. Its expense ratio of 0.03% is significantly lower than the category median of 0.07%, offering a cost advantage to investors. The fund provides a dividend yield of 3.91%, which exceeds the category median of 3.84%. Top holdings consist of United States Treasury securities, with the largest single position accounting for 2.0% of assets.

The fund's price of $27.86 sits at the very bottom of its 52-week range, reflecting a 1.4% position within the $27.84 to $29.24 band. Short-term performance shows declines across the one-day, one-week, and one-month horizons, with the one-month return at -0.59%. In contrast, the three-year return stands at +12.05%, indicating a divergence between recent weakness and longer-term gains. The one-year return of -0.18% trails the category median of -0.09%, suggesting underperformance over that specific period. The ETFValuer grade has remained unchanged at C for the last 35 tracked days, and price history is available for 3.0 years.

SPTI exhibits a volatility of 3.26%, which is labeled as Very Low, and a beta of 0.78, indicating it moves less than the broader market. The Sharpe ratio of -1.59 suggests that risk-adjusted returns have been negative over the measured period. Maximum drawdowns have reached -4.35%, highlighting the extent of recent losses. Liquidity is supported by an average daily volume of 2,223,375 shares and a tight bid/ask spread of 0.04%. These metrics collectively describe a fund that has experienced negative risk-adjusted performance despite low volatility and high liquidity.

AI-generated summary based on the data on this page.

SPTI Top Holdings

Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 18.6% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how SPTI's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With SPTI

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with SPTI's top 10 — AGG overlaps most, holding 1 of the same companies as SPTI's top 10 (18.6% of SPTI's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.78% (as of 2026-09-04) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 15.30 (as of 2026-09-07) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

SPTI Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.04% and average daily volume is 2.2M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $10.7B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: SPTI is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

SPTI Performance History

How SPTI Compares to Other US Bonds - Government ETFs