FairHorizon Purple
P2-I

SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF

US ultra short maturity (1-3y) government bonds. Passive tracker on Bloomberg U.S. 1-3 Year Treasury Bond Index.

About the Fund

Data as of

State Street Investment Management is the highly successful investment management arm of State Street, a US based global financial firm, and manages over US$5tn worth of assets. It is best known for inventing the exchange-traded fund (ETF) vehicle with the introduction of the SPDR S&P 500 ETF in 1993.

The SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF is a passive index solution that tracks the Bloomberg U.S. 1-3 Year Treasury Bond Index using a representative/stratified sampling approach. The index includes US government bonds with 1-3 years maturity but excludes state and local government series bonds (SLGs), treasury inflation-protected securities (TIPS), and separate trading of registered interest and principal securities (STRIPS). The ETF typically has ~100 holdings, similar to the index.

Performance

Price Performance – Maximum Period

The FairHorizon Context

Investment-Time-Horizon in years

0 - 22 - 44 - 7 7 - 1010 - 1515+
Expected long-term return
2 - 4% p.a.
Expected volatility
3 - 5% p.a.

Building Block Returns

SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF

Ann. return (3-year):
3.97%
Ann. return (5-year):
1.76%
Ann. return (10-year):
1.67%
Ann. Standard Deviation (5-year):
1.99%

This ETF represents passive high quality US government bond exposures of very short maturities to minimise interest rate risks while expecting lower returns over time.

Benchmark Returns

Vanguard Investment Series PLC - Global Short Term Bond Index Fund

Ann. return (3-year):
4.62%
Ann. return (5-year):
2.00%
Ann. return (10-year):
2.14%
Ann. Standard Deviation (5-year):
2.59%
Link to the Funds FairSheet

FairHorizon Benchmark Returns

Dimensional Funds PLC - Global Ultra Short Fixed Income Fund

Ann. return (3-year):
4.75%
Ann. return (5-year):
Ann. return (10-year):
Ann. Standard Deviation (5-year):
Link to the Funds FairSheet

The Dimensional Global Ultra Short Fixed Income Fund is our FAIRHORIZON Purple reference benchmark solution that has high quality short maturity corporate bonds with money market-like returns and low volatility.

SHARING OUR PASSION FOR INVESTMENTS FAIRSHEET  SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF  Page 1/2

Why we prefer this fund

Relevance of strategy

This ETF represents passive high quality US government bond exposures of very short maturities to minimise interest rate risks while expecting lower returns over time.

Liquidity

The ETF is listed on multiple Europe exchanges in various currencies.

Performance

The ETF has a very low tracking error of ~0.05%.

Historical maximum drawdown & recovery time

Max drawdown (since inception)
-5.80%
Recovery Period
579 Days

Diversification

Credit Rating

  • Aa90.80%
  • Others9.20%

Sectors

  • Treasury99.90%
  • Others0.10%

Geography

  • U.S.A.99.90%
  • Others0.10%

Frequently asked questions

What is the SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF?
The SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF is a index-based fund in the USD Short Maturity Bonds asset class, managed by State Street Investment Management. US ultra short maturity (1-3y) government bonds. Passive tracker on Bloomberg U.S. 1-3 Year Treasury Bond Index.
What is the SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF's FairHorizon classification?
Das Family Office classifies this fund as FairHorizon Purple, meaning it is suitable for investors with a 0–2 years investment horizon. ultra-short maturity, capital preservation
What is the total expense ratio (TER) of the SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF?
The SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF has a total expense ratio of 0.05% per annum. The maximum recommended portfolio share is 100%.
What is the ISIN of the SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF?
The ISIN of the SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF share class tracked by Das Family Office is IE00BC7GZJ81.
What are the historical returns of the SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF?
As of the most recent month-end, the SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF has delivered 3-year annualised total return of 3.97%, 5-year annualised total return of 1.76%, 10-year annualised total return of 1.67%. Past performance is not indicative of future results.
Is the SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF accumulating or distributing?
The tracked share class (USD INC) is Distributing — income is paid out to investors on a periodic basis.
When was the SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF launched?
The SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF was incepted on 2013-08-27.