SPDR Barclays Etf Profile

SPIB
 Etf
  

USD 32.16  0.07  0.22%   

Market Performance
0 of 100
Odds Of Distress
Less than 28
SPDR Barclays is trading at 32.16 as of the 9th of December 2022, a -0.22 percent down since the beginning of the trading day. The etf's open price was 32.23. SPDR Barclays has about a 28 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for SPDR Barclays Intermediate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of December 2020 and ending today, the 9th of December 2022. Click here to learn more.
The fund 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. More on SPDR Barclays Intermediate

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SPDR Barclays Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SPDR Barclays' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPDR Barclays or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
SPDR Barclays Intermediate was previously known as SPDR PORTFOLIO INTERMEDIATE and was traded on NYSEARCA Exchange under the symbol ITR.
On 7th of November 2022 SPDR Barclays paid $ 0.0835 per share dividend to its current shareholders
The fund created three year return of -2.0%
SPDR Barclays Interm maintains about 12.13% of its assets in bonds
Older SymbolITR
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of SPDR Barclays' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
IssuerSSgA
Inception Date2009-02-10
BenchmarkBarclays Capital Intermediate U.S. Corporate Index
Entity TypeRegulated Investment Company
Asset Under Management6.18 Billion
Average Trading Valume5.68 Million
Asset TypeFixed Income
CategoryCorporate
FocusInvestment Grade
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorSSgA Funds Management, Inc.
AdvisorSSgA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorState Street Global Advisors Funds Distributors, LLC
Portfolio ManagerFrank Miethe, Kyle Kelly, Christopher DiStefano
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Nov
ExchangeNYSE Arca, Inc.
Number of Constituents4,362
Market MakerVirtu Financial
Total Expense0.04
Management Fee0.04
Nav Price31.15
Two Hundred Day Average32.82
Ytd-12.54%
Average Daily Volume In Three Month5.4M
Fifty Two Week Low30.69
As Of Date25th of October 2022
Average Daily Volume Last 10 Day5.42M
Fifty Two Week High36.31
One Month-1.61%
Fifty Day Average31.39
Three Month-5.13%
Beta In Three Year0.92
SPDR Barclays Intermediate [SPIB] is traded in USA and was established 2009-02-10. SPDR Barclays Intermediate was previously known as SPDR PORTFOLIO INTERMEDIATE and was traded on NYSEARCA Exchange under the symbol ITR. The fund is listed under Corporate Bond category and is part of SPDR State Street Global Advisors family. SPDR Barclays Interm at this time have 5.91 B in assets. , while the total return for the last 3 years was -2.07%.
Check SPDR Barclays Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPDR Barclays Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR Barclays Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SPDR Barclays Intermediate Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

SPDR Barclays Interm Currency Exposure

SPDR Barclays Intermediate holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of SPDR Barclays will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in SPDR Barclays Intermediate.

SPDR Barclays Target Price Odds Analysis

What are SPDR Barclays' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of SPDR Barclays jumping above the current price in 90 days from now is about 6.81%. The SPDR Barclays Intermediate probability density function shows the probability of SPDR Barclays etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days SPDR Barclays has a beta of 0.2335. This usually implies as returns on the market go up, SPDR Barclays average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SPDR Barclays Intermediate will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. SPDR Barclays Interm is significantly underperforming NYSE Composite.
  Odds Below 32.16HorizonTargetOdds Above 32.16
92.96%90 days
 32.16 
6.81%
Based on a normal probability distribution, the odds of SPDR Barclays to move above the current price in 90 days from now is about 6.81 (This SPDR Barclays Intermediate probability density function shows the probability of SPDR Barclays Etf to fall within a particular range of prices over 90 days) .

SPDR Barclays Top Holders

SPDR Barclays Major Institutional Holders

Institutional Holdings refers to the ownership stake in SPDR Barclays that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of SPDR Barclays' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing SPDR Barclays' value.
InstituionSecurity TypeTotal SharesValue
Zurich Insurance Group LtdFund Units1.4 M43.9 M
View SPDR Barclays Diagnostics

SPDR Barclays Interm Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPDR Barclays market risk premium is the additional return an investor will receive from holding SPDR Barclays long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR Barclays. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SPDR Barclays' alpha and beta are two of the key measurements used to evaluate SPDR Barclays' performance over the market, the standard measures of volatility play an important role as well.

SPDR Barclays Against Markets

Picking the right benchmark for SPDR Barclays etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SPDR Barclays etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SPDR Barclays is critical whether you are bullish or bearish towards SPDR Barclays Intermediate at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SPDR Barclays without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in SPDR Barclays Intermediate?

The danger of trading SPDR Barclays Intermediate is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SPDR Barclays is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SPDR Barclays. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPDR Barclays Interm is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at World Market Map. You can also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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The market value of SPDR Barclays Interm is measured differently than its book value, which is the value of SPDR Barclays that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Barclays' value that differs from its market value or its book value, called intrinsic value, which is SPDR Barclays' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR Barclays' market value can be influenced by many factors that don't directly affect SPDR Barclays' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR Barclays' value and its price as these two are different measures arrived at by different means. Investors typically determine SPDR Barclays value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Barclays' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.