SPIB ETF — Holdings & Analysis

corporate bonds with maturities between 1 and 10 years. SPIB tracks the Bloomberg Intermediate US Corporate Index, providing diversified exposure to investment-grade, fixed-rate, taxable, U.S. dollar-denominated debt, making it a core building block for fixed-income portfolios. Past performance does not guarantee future results.

State Street SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) ETF — Price, Holdings & Analysis

The State Street SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) is a low-cost fund with $10.66B in assets under management. With an expense ratio of just 0.0400%, SPIB offers precise exposure to U.S. corporate bonds with maturities between 1 and 10 years. SPIB tracks the Bloomberg Intermediate US Corporate Index, providing diversified exposure to investment-grade, fixed-rate, taxable, U.S. dollar-denominated debt, making it a core building block for fixed-income portfolios. Past performance does not guarantee future results.

ETF Overview

The State Street 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")One of the low cost core State Street SPDR Portfolio ETFs, a suite of portfolio building block designed to provide broad, diversified exposure to core asset classesA low cost ETF that seeks to offer precise, comprehensive exposure to US corporate bonds that have a maturity greater than or equal to 1 year and less than 10 yearsThe Index includes investment grade, fixed rate, taxable, US dollar denominated debt with $300 million of par outstanding, and is market cap weighted and reconstituted on the last business day of the month

SPIB aims to replicate the performance of the Bloomberg Intermediate US Corporate Index, focusing on U.S. corporate bonds with maturities ranging from 1 to 10 years. This ETF is designed for investors seeking broad exposure to the intermediate-term corporate bond market. SPIB's holdings consist of over 5156 individual bonds, providing diversification across various corporate issuers. The index includes investment-grade, fixed-rate, taxable, U.S. dollar-denominated debt with $300 million of par outstanding, and is market cap weighted and reconstituted on the last business day of the month. With its focus on intermediate-term bonds, SPIB can be a useful tool for managing interest rate risk within a fixed-income allocation. The fund's sector allocation is primarily in Cash & Others, representing 100.0% of the portfolio. Past performance does not guarantee future results.

Risk Metrics

SPIB, with a beta of 0.68, demonstrates less volatility than the overall market. However, investors should be aware of potential risks. While the fund offers diversification with over 5156 holdings, its country exposure is heavily weighted towards the United States at 85.5%, which could introduce concentration risk related to the U.S. economy and interest rates. The fund's expense ratio of 0.0400% is relatively low, minimizing expense drag on returns. The sector allocation is primarily in Cash & Others, representing 100.0% of the portfolio, which could impact performance relative to other bond ETFs with different sector exposures. Investors should also consider interest rate risk, as changes in interest rates can impact the value of the bonds held in the portfolio. Past performance does not guarantee future results.

Expense Ratio

0.04%

How Is the Fund Allocated?

Sector	Weight
Cash & Others	100.0%

Country	Weight
United States	85.5%
United Kingdom	3.9%
Canada	3.5%
Japan	2.4%
Spain	0.7%
Ireland	0.7%
Australia	0.6%
Netherlands	0.6%
Other	0.3%
Luxembourg	0.3%

Dividend Yield

0.00%

JPMorgan International Bond Opportunities ETF (JPIB) — 0.50% expense ratio
IDX Dynamic Fixed Income ETF (DYFI) — 1.12% expense ratio
Invesco Taxable Municipal Bond ETF (BAB) — 0.28% expense ratio
Academy Veteran Impact ETF (VETZ) — 0.35% expense ratio
iShares MBS ETF (MBB) — 0.04% expense ratio
iShares iBonds Oct 2027 Term TIPS ETF (IBID) — 0.10% expense ratio
Bluemonte Long Term Bond ETF (BLTD) — 0.23% expense ratio
JPMorgan Mortgage-Backed Securities ETF (JMTG) — 0.24% expense ratio

State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) (Equity) — 0.16% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) (Equity) — 0.08% expense ratio
State Street SPDR S&P 500 ETF (SPY) (Equity) — 0.09% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) (Equity) — 0.08% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) (Equity) — 0.08% expense ratio
State Street SPDR S&P Biotech ETF (XBI) (Equity) — 0.35% expense ratio

Risk Metrics

Beta: 0.68

Questions & Answers

What is SPIB and what does it track?

SPIB, or the State Street SPDR Portfolio Intermediate Term Corporate Bond ETF, is designed to track the performance of the Bloomberg Intermediate US Corporate Index. This index comprises investment-grade, fixed-rate, taxable, U.S. dollar-denominated debt with $300 million of par outstanding.

SPIB provides investors with exposure to U.S.

What is the expense ratio for SPIB?

The expense ratio for SPIB is 0.0400%. This means that for every $10,000 invested in the fund, investors will pay $4 in annual expenses.

This is a relatively low expense ratio, especially when compared to the category average for intermediate-term corporate bond ETFs. Lower expense ratios can help improve long-term returns, as less of the investment is being used to cover fund expenses.

What are the top holdings in SPIB?

While SPIB holds over 5156 bonds, it's important to note that the fund is market-cap weighted, meaning larger issuers will have a greater impact on performance.

Due to the nature of bond ETFs, top holdings can fluctuate frequently as bonds mature and new bonds are issued.

Is SPIB a good long-term investment?

Whether SPIB is a suitable long-term investment depends on an individual's investment goals, risk tolerance, and time horizon. SPIB offers exposure to intermediate-term corporate bonds, which can provide a balance between risk and return.

The fund's low expense ratio of 0.0400% can help minimize costs over the long term. As of 2026-03-15, SPIB has $10.66B in assets under management.

How does SPIB compare to similar ETFs?

SPIB distinguishes itself with its low expense ratio of 0.0400% and substantial AUM of $10.66B. Other intermediate-term corporate bond ETFs may have higher expense ratios, potentially impacting long-term returns.

Some competing ETFs might focus on different segments of the corporate bond market, such as those with specific credit ratings or maturities.

Does SPIB pay dividends?

As of 2026-03-15, SPIB's dividend yield is 0.00%. While SPIB invests in bonds that generate income, the fund's dividend distributions can vary over time depending on the interest rate environment and the composition of its holdings.

Investors seeking regular income from their investments should consider the fund's historical dividend payments and consult the fund's prospectus for more information. Keep in mind that dividend yields are not guaranteed and can fluctuate.