Data as of Oct 28, 2026.

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SPIB vs SUSB: Differences, Returns & Fees

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SPIB's duration was 4.2 years on Jun 30, 2026 and SUSB's 2.7 on Aug 31, 2026; SPIB charges 0.04% to SUSB's 0.12%.

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Net assets: $11.6bn on Oct 27, 2026 for State Street SPDR Portfolio Intermediate Term Corporate Bond ETF, and $1.3bn on Oct 28, 2026 for iShares ESG Aware 1-5 Year USD Corporate Bond ETF.

At a glance
−0.1%
SPIB total return, 1 year
+1.2%
SUSB total return, 1 year
0.04%
SPIB expense ratio
0.12%
SUSB expense ratio

Pair scorecard

SPIB costs 0.08 points a year less; their one-year returns differ by 1.3 points; SPIB is 9.1 times larger.

SPIB vs SUSB: Differences, Returns & Fees
MeasureSPIBSUSB
Return
Total return, 1 year−0.1%+1.2%
Benchmark
What it tracksBloomberg U.S. Intermediate Corporate Bond IndexBloomberg MSCI US Corporate 1-5 Year ESG Focus Index
Cost and size
Expense ratio0.04%0.12%
Net assets, as of Oct 26, 2026$11.8bn$1.3bn
Holdings
Holdings in common23%

Holdings in common uses holdings dated Jun 30, 2026 and Aug 31, 2026. Method

Risk and return

Jul 28, 2017 to Oct 23, 2026 · 482 weekly returns
SPIB SUSB
Return
Total return edge SPIB (slight) +27.1% +26.5%
Annualized edge SPIB (slight) +2.6% +2.6%
Price return edge SUSB −5.9% −2.3%
Risk
Volatility edge SUSB 5.9% 4.7%
Max drawdown edge SUSB −14.3% −11.4%
Downside capture 72.8% 46.0%
Beta 0.87 0.70
Risk-adjusted
Sharpe edge SPIB 0.02 0.00
Sortino edge SPIB 0.02 −0.01
Treynor 0.028 0.000
Calmar edge SUSB 0.18 0.22
Against the benchmark
Alpha +1.4% a year +0.6% a year
Alpha t-stat 2.02 0.64
Information ratio 0.42 0.26
Tracking error 3.0% 3.1%

Each against its own benchmark: SPIB against AGG, Feb 27, 2009 to Oct 23, 2026; SUSB against IUSB, Jul 28, 2017 to Oct 23, 2026.

Reading

SPIB returned slightly more: +27.1% to +26.5%. SUSB swung less: 4.7% to 5.9%. SUSB fell less at its worst: −11.4% to −14.3%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: SPIB vs SUSB: Differences, Returns & Fees
MeasureSPIBSUSBEdgeHow it is measured
Return
Total return+27.1%+26.5%SPIB (slight)Price change plus distributions, reinvested.
Annualized+2.6%+2.6%SPIB (slight)Total return as a yearly rate.
Price return−5.9%−2.3%SUSBPrice change alone, distributions left out.
Risk
Volatility5.9%4.7%SUSBSpread of weekly returns, annualized. Lower is steadier.
Downside deviation4.4%3.3%SUSBLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−14.3%−11.4%SUSBDeepest fall from a high to the low after it.
Upside capture83.0%52.4%Share of its benchmark's rise caught in the weeks it rose.
Downside capture72.8%46.0%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta0.870.70Not an edgeHow far it moves for each 1% its benchmark moves.
R squared0.640.68Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.020.00SPIBReturn above Treasury bills per unit of volatility.
Sortino0.02−0.01SPIBReturn above Treasury bills per unit of downside deviation.
Treynor0.0280.000Return above Treasury bills per unit of beta.
Calmar0.180.22SUSBAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkAGGIUSBThe ETF each fund is measured against.
Alpha+1.4% a year+0.6% a yearSUSB not significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat2.020.64Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range0.0% to +2.8%−1.1% to +2.2%SUSB includes zeroThe 95% range for the yearly alpha.
Information ratio0.420.26Return against its benchmark per unit of tracking error.
Tracking error3.0%3.1%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 482 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

23%

By the books each fund has filed, SPIB and SUSB hold 23% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

0 half 100%

half

23% in common

Positions both hold · largest shared weight first SPIB SUSB
National Bank of Canada, due Jun 4, 2032 0.26% 0.34%
Goldman Sachs Group Inc/The, due May 1, 2029 0.15% 0.16%
Novartis Capital Corp, due Nov 5, 2030 0.14% 0.22%
JPMorgan Chase & Co, due Apr 23, 2032 0.13% 0.13%
AT&T Inc, due Feb 1, 2028 0.18% 0.12%
Anheuser-Busch InBev Worldwide Inc, due Jan 23, 2029 0.12% 0.17%
Cigna Group/The, due Oct 15, 2028 0.12% 0.25%
Oracle Corp, due Feb 4, 2031 0.14% 0.11%
Morgan Stanley Private Bank NA, due Nov 19, 2031 0.10% 0.12%
Salesforce Inc, due Mar 15, 2028 0.10% 0.14%
PNC Financial Services Group Inc/The, due Jun 12, 2029 0.10% 0.12%
Bank of America Corp, due Dec 20, 2028 0.09% 0.20%
Only in one fund ↓
Only in SPIB
Salesforce Inc, due Sep 15, 2031 0.26%
JPMorgan Chase & Co, due Jul 23, 2036 0.26%
Goldman Sachs Group Inc/The, due Jan 21, 2029 0.23%
Morgan Stanley Private Bank NA, due Jul 6, 2028 0.22%
Alphabet Inc, due Feb 15, 2033 0.22%
Bank of Montreal, due Jun 2, 2032 0.21%
Wells Fargo & Co, due May 20, 2032 0.21%
Citigroup Inc, due Sep 19, 2039 0.20%
Only in SUSB
Cheniere Energy Inc, due Oct 15, 2028 0.55%
Novartis Capital Corp, due Aug 14, 2030 0.32%
SBA Communications Corp, due Jul 15, 2031 0.31%
Honeywell Aerospace Inc, due Mar 16, 2031 0.30%
Public Service Enterprise Group Inc, due Nov 15, 2027 0.27%
Zoetis Inc, due May 15, 2030 0.25%
Diageo Capital PLC, due Oct 24, 2027 0.24%
AerCap Ireland Capital DAC / AerCap Global Aviation Trust, due Oct 29, 2028 0.20%
Check overlap with more funds →

Side by side

SPIB State Street SPDR Portfolio Intermediate Term Corporate Bond ETF SUSB iShares ESG Aware 1-5 Year USD Corporate Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index Tracks an index
Total return, 1 year −0.1% +1.2%
Its benchmark over the same days −1.4% (AGG) −1.2% (IUSB)
Gap to its benchmark +1.3 pts vs AGG +2.4 pts vs IUSB
Expense ratio 0.04% 0.12%
Holdings 5398 1561
Net assets, SPIB as of Oct 27, 2026 and SUSB as of Oct 28, 2026 $11.6bn $1.3bn

SPIB and SUSB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-B472B17419

SPIB and SUSB are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. SPIB follows Bloomberg U.S. Intermediate Corporate Bond Index and SUSB follows Bloomberg MSCI US Corporate 1-5 Year ESG Focus Index.
  2. Holdings in common. 23% of the weight is in the same securities (holdings dated Jun 30, 2026 and Aug 31, 2026).
  3. Number of holdings. SPIB holds 5,398 positions and SUSB holds 1561.

Data as of Oct 28, 2026.

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About each fund
SPIB

SPIB tracks an index. Over the year to Oct 28, 2026 it returned −0.1% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.04% a year.

SUSB

SUSB tracks an index. Over the year to Oct 28, 2026 it returned +1.2% with distributions reinvested, against −1.2% for its benchmark, the Bloomberg U.S. Universal Index. The prospectus expense ratio is 0.12% a year.

Questions people ask

Which returned more over the last year, SPIB or SUSB?
In the year to Oct 28, 2026, with distributions reinvested, SPIB returned −0.1% and SUSB +1.2%.
Which is cheaper, SPIB or SUSB?
SPIB is cheaper, by 0.08 percentage points a year. That is about $8 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, SPIB against SUSB, data as of Oct 28, 2026. https://etfiq.com/compare/any/spib-vs-susb

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