SPDR SSGA Fixed Income Sector Rotation ETF
Price through Oct 1 · Flows through Sep 30. Figures use the latest available records, not a live quote. Fund details retrieved Oct 1. Holdings snapshot retrieved Oct 1.
The fund is a "fund of funds," meaning that it primarily invests its assets in securities of other exchange-traded funds ("ETFs"). Under normal circumstances, it invests at least 80% of its net assets (plus the amount of borrowings for investments purposes) directly, or indirectly through the underlying ETFs, in fixed income securities. The fund or ETFs in which it invests may use derivative instruments to gain or hedge exposure to certain securities as an alternative to investing directly in such securities.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 6M SHOWN · NET +$170M OVER THIS RANGE
Money is leaving — −$13M in net outflows over the past month, about 2.1% of the fund's asset base, while the price has returned -5.8% so far this year. At 0.50% a year it is not the cheapest way in — EINC has a reported fee of 0.46%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS THE CHANGE IN THE LATEST AVAILABLE SNAPSHOT · TOP 40 POSITIONS
| # | Holding | Weight | Price | Day | 52-wk | |
|---|---|---|---|---|---|---|
| 1 | —STATE STREET SPDR PORTFOLIO CO | 24.90% | — | — | — | |
| 2 | —STATE STREET SPDR PORTFOLIO IN | 22.65% | — | — | — | |
| 3 | —STATE STREET SPDR PORTFOLIO SH | 15.30% | — | — | — | |
| 4 | —STATE STREET SPDR PORTFOLIO MO | 13.95% | — | — | — | |
| 5 | —STATE STREET SPDR PORTFOLIO LO | 13.30% | — | — | — | |
| 6 | —STATE STREET SPDR PORTFOLIO HI | 6.03% | — | — | — | |
| 7 | —STATE STREET SPDR BLOOMBERG EM | 2.01% | — | — | — | |
| 8 | —STATE STREET SPDR S+P LEVERAGE | 1.00% | — | — | — | |
| 9 | —US DOLLAR | 0.56% | — | — | — |
| 1 week | -0.8% |
| 1 month | -2.6% |
| 3 months | -4.3% |
| 6 months | -4.7% |
| YTD | -5.8% |
| 1 year | -6.3% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | — |
| 1 month | −$13M |
| 3 months | +$215M |
| YTD | +$269M |
| 1 year | +$382M |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
The top holding is 24.9% of the book; the top ten carry 100%. Spread across 9+ names, it behaves like roughly 6 equally-weighted positions.
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat FISR on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| SPDW State Street SPDR Portfolio Developed World ex-US ETF | 0.03% | $41.5B | +$286M | -47bp on fee · 69× the assets · +$286M in over the month | Head-to-head |
| SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF | 0.03% | $18.2B | +$199M | -47bp on fee · 30× the assets · +$199M in over the month | Head-to-head |
| STIP iShares 0-5 Year TIPS Bond ETF | 0.03% | $16.3B | +$489M | -47bp on fee · 27× the assets · +$489M in over the month | Head-to-head |
| IJH iShares Core S&P Mid-Cap ETF | 0.05% | $122.8B | +$2.3B | -45bp on fee · 205× the assets · +$2.3B in over the month | Head-to-head |
| IDEV iShares Core MSCI International Developed Markets ETF | 0.04% | $32.9B | +$497M | -46bp on fee · 55× the assets · +$497M in over the month | Head-to-head |