Spdr Barclays Short Etf Profile
| SPTS Etf | USD 28.72 0.02 0.07% |
Performance0 of 100
| Odds Of DistressLess than 9
|
SPDR Barclays is selling for under 28.72 as of the 16th of April 2024; that is -0.07 percent decrease since the beginning of the trading day. The etf's lowest day price was 28.68. SPDR Barclays has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for SPDR Barclays Short are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
The fund invests 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 Short
Moving together with SPDR Etf
| 0.69 | SHY | iShares 1 3 Sell-off Trend | PairCorr |
| 0.88 | AGZ | iShares Agency Bond | PairCorr |
| 0.98 | UTWO | Rbb Fund | PairCorr |
| 0.89 | XTWO | Bondbloxx ETF Trust | PairCorr |
SPDR 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.
| Thematic Idea | Treasury ETFs (View all Themes) |
| Business Concentration | Treasury ETFs, Short Government, SPDR State Street Global Advisors (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2011-11-30 |
| Benchmark | Bloomberg 1-3 Year U.S. Treasury Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 5.49 Billion |
| Average Trading Valume | 1.48 Million |
| Asset Type | Fixed Income |
| Category | U.S. Government |
| Focus | Treasury |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | SSgA Funds Management, Inc. |
| Advisor | SSgA Funds Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | State Street Global Advisors Funds Distributors, LLC |
| Portfolio Manager | Joanna Madden, Cynthia Moy, Orhan Imer |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-May |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 103 |
| Market Maker | IMC |
| Total Expense | 0.06 |
| Management Fee | 0.06 |
| Country Name | USA |
| Returns Y T D | (0.02) |
| Name | SPDR Barclays Short Term Treasury |
| Currency Code | USD |
| Open Figi | BBG0029J2JP3 |
| In Threey Volatility | 2.21 |
| 1y Volatility | 1.81 |
| 200 Day M A | 28.8321 |
| 50 Day M A | 28.8798 |
| Code | SPTS |
| Updated At | 16th of April 2024 |
| Currency Name | US Dollar |
SPDR Barclays Short [SPTS] is traded in USA and was established 2011-11-30. The fund is listed under Short Government category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Treasury ETFs. SPDR Barclays Short at this time have 3.38 B in assets. , while the total return for the last 3 years was -0.1%.
Check SPDR Barclays Probability Of Bankruptcy
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 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 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 Short 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.
Top SPDR Barclays Short Etf Constituents
| United States Treasury Notes 0.75% | 2.72% |
| United States Treasury Notes 0.25% | 2.49% |
| United States Treasury Notes 2.25% | 2.3599999% |
| United States Treasury Notes 2.375% | 3.06% |
| United States Treasury Notes 3.125% | 2.87% |
| United States Treasury Notes 0.125% | 2.39% |
| United States Treasury Notes 2.75% | 2.3599999% |
| United States Treasury Notes 3.25% | 2.51% |
| United States Treasury Notes 3% | 2.27% |
| United States Treasury Notes 0.38% | 2.16% |
SPDR Barclays Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of SPDR Barclays jumping above the current price in 90 days from now is about 84.82%. The SPDR Barclays Short 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 0.0681. 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 Short will be expected to be much smaller as well. Additionally, sPDR Barclays Short has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of SPDR Barclays to move above the current price in 90 days from now is about 84.82 (This SPDR Barclays Short probability density function shows the probability of SPDR Etf to fall within a particular range of prices over 90 days) .
SPDR Barclays Top Holders
| SSBSX | State Street Target | Mutual Fund | Target-Date 2025 |
| SSFNX | State Street Target | Mutual Fund | Target-Date Retirement |
| PWDIX | Power Dividend Index | Mutual Fund | Tactical Allocation |
| SSFOX | State Street Target | Mutual Fund | Target-Date Retirement |
| SSBRX | State Street Target | Mutual Fund | Target-Date 2025 |
| SSBNX | State Street Target | Mutual Fund | Target-Date 2020 |
| SSBOX | State Street Target | Mutual Fund | Target-Date 2020 |
SPDR Barclays Short 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.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.40) |
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 Short at a given time. Please also check how SPDR Barclays' historical prices are related to one of the top price index indicators.
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.Did you try this?
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How to buy SPDR Etf?
Before investing in SPDR Barclays, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in SPDR Barclays. To buy SPDR Barclays etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of SPDR Barclays. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase SPDR Barclays etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located SPDR Barclays Short etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased SPDR Barclays Short etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as SPDR Barclays Short, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy SPDR Etf please use our How to Invest in SPDR Barclays guide.
Already Invested in SPDR Barclays Short?
The danger of trading SPDR Barclays Short 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 Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPDR Barclays Short 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.
When determining whether SPDR Barclays Short is a strong investment it is important to analyze SPDR Barclays' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SPDR Barclays' future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR Barclays Short. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of SPDR Barclays Short is measured differently than its book value, which is the value of SPDR 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 if SPDR Barclays is a good investment 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.