SPDR Bloomberg Barclays Short Term Treasury ETFFind Ratings Reports
- Last Ratings Update:03/31/2017
- Price as of 03/31/2017 :$30.11
- Net Assets:$12 Million
- Peer Rank:12 of 54
- Investment Rating:C-
We rate SPDR Bbg Barclays Sht Trm Treas ETF at C-. Positive factors that influence this rating include a low price volatility and low expense structure. The fund may be considered for investors seeking a Government Bond strategy.
POSITIVES AND RISKS
Total return ranks below peers over the last three years. The SPDR Bbg Barclays Sht Trm Treas ETF has returned an annual rate of 0.75% since inception. More recently, the fund has generated a total return of 0.77% in the last five years, 1.00% in the last three years, and -0.23% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 25% of them. It has also outpaced 31% of its competitors on a three year basis and 16% of them over the last year for the period ending 3/31/2017. On a year to date basis, SST has returned 0.36%.
Downside risk has been below average. SST has a draw down risk of -5.53%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 4.9%. This fund has had very little volatility in its monthly performance over the last 36 months. As of 3/31/2017, the fund was trading at a price of $30.11, which is 0.4% below its 52-week high of $30.23 and 1.0% above its 52-week low of $29.82.
Low expense ratio helps performance. On total assets of $12.00 million, SST maintains a low expense ratio compared to its Government Bond peers of just 0.10% to cover all operating costs. Brokerage costs for the fund to buy and sell shares are not included in the expense ratio. As SST is an exchange traded fund, it has no front end or back end load.
The SPDR Bbg Barclays Sht Trm Treas ETF is managed by Mahesh Jayakumar at SSgA Funds Management Inc. This fund is one of 145 SSgA Funds Management Inc exchange-traded funds launched since 12/16/1998 that we track.