Snapshot*
Top 10 Holdings
What is SPIB?
The SPDR Portfolio Intermediate Term Corporate Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Intermediate US Corporate Index (the Index ). The Bloomberg U.S. Intermediate Corporate Bond Index (the Index ) is designed to measure the performance of U.S. corporate bonds that have a maturity of greater than or equal to 1 year and less than 10 years. The Index is a component of the Bloomberg U.S. Corporate Index and includes investment grade, fixed-rate, taxable, U.S. dollar denominated debt with $300 million or more of par amount outstanding, issued by U.S. and non-U.S. industrial, utility, and financial institutions. Subordinated issues, securities with normal call and put provisions and sinking funds, medium-term notes (if they are publicly underwritten), 144A securities with registration rights, and global issues that are SEC-registered are included. Structured notes with embedded swaps or other special features, as well as private placements, floating- rate securities, and Eurobonds are excluded from the Index.
SPIBPerformance Measures**
for the time period Feb 11, 2009 to Dec 4, 2025
1M Trailing Return: 0.6%
The percent change in the value over the most recent 1-month period.
3M Trailing Return: 1.3%
The percent change in the value over the most recent 3-month period.
Max Drawdown: -14.9%
The greatest percent loss from peak to trough in value over the time period.
Standard Deviation: 4.5%
The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.
Sharpe Ratio: 0.87
The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.
Calmar Ratio: 0.26
The annualized return divided by the max drawdown for the selected time period.
ETFs related toSPIB
ETFs correlated to SPIB include IGIB, SCHI, VCIT
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Trading Strategies
Related toSPIB
-bk-I 8/13 200d LETF MA Risk On/Off inv
Category
Tactical asset allocation, trend-following, risk-on/risk-off, leveraged ETFs, sector rotation, bond timing, hedged
OOS Cumulative Return
114.51%
Qtastic 2 [CMP] (K-1 Free)
Category
Trend-following, volatility targeting, tactical allocation, Nasdaq-focused, hedged, leveraged/inverse ETFs, daily rebalancing
OOS Cumulative Return
98.76%
Create your own algorithmic trading strategy with SPIB using Composer
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.