Which returned more over the last year, SPIB or USTB?

In the year to Oct 28, 2026, with distributions reinvested, SPIB returned −0.1% and USTB +2.7%.

Which is cheaper, SPIB or USTB?

SPIB is cheaper, by 0.30 percentage points a year. That is about $30 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

SPIB vs USTB: Differences, Returns & Fees

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On Jun 30, 2026 SPIB's duration was 4.2 years and USTB's 1.9; SPIB charges 0.04% to USTB's 0.34%.

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Net assets: $11.6bn on Oct 27, 2026 for State Street SPDR Portfolio Intermediate Term Corporate Bond ETF, and $2.2bn on Jun 30, 2026 for VictoryShares Short-Term Bond ETF.

SPIB on its own →USTB on its own →

At a glance

−0.1%

SPIB total return, 1 year

+2.7%

USTB total return, 1 year

0.04%

SPIB expense ratio

0.34%

USTB expense ratio

Pair scorecard

SPIB costs 0.30 points a year less; their one-year returns differ by 2.8 points.

SPIB vs USTB: Differences, Returns & Fees
Measure	SPIB	USTB
Return
Measure	SPIB	USTB
Total return, 1 year	−0.1%	+2.7%
Benchmark
Measure	SPIB	USTB
What it tracks	Bloomberg U.S. Intermediate Corporate Bond Index	No index, actively managed
Cost and size
Measure	SPIB	USTB
Expense ratio	0.04%	0.34%
Net assets, SPIB as of Oct 27, 2026 and USTB as of Jun 30, 2026	$11.6bn	$2.2bn
Holdings
Measure	SPIB	USTB
Holdings in common	4%

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

Risk and return

Nov 3, 2017 to Oct 23, 2026 · 468 weekly returns

SPIB USTB

Return

Total return edge USTB +26.5% +34.8%

Annualized edge USTB +2.6% +3.4%

Price return edge USTB −5.5% −0.3%

Risk

Volatility edge USTB 6.0% 2.2%

Max drawdown edge USTB −14.3% −5.2%

Risk-adjusted

Sharpe edge USTB 0.01 0.29

Sortino edge USTB 0.02 0.37

Calmar edge USTB 0.19 0.65

Reading

USTB returned more: +34.8% to +26.5%. USTB swung less: 2.2% to 6.0%. USTB fell less at its worst: −5.2% to −14.3%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: SPIB vs USTB: Differences, Returns & Fees
Measure	SPIB	USTB	Edge	How it is measured
Return
Total return	+26.5%	+34.8%	USTB	Price change plus distributions, reinvested.
Annualized	+2.6%	+3.4%	USTB	Total return as a yearly rate.
Price return	−5.5%	−0.3%	USTB	Price change alone, distributions left out.
Risk
Volatility	6.0%	2.2%	USTB	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	4.4%	1.7%	USTB	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−14.3%	−5.2%	USTB	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.01	0.29	USTB	Return above Treasury bills per unit of volatility.
Sortino	0.02	0.37	USTB	Return above Treasury bills per unit of downside deviation.
Calmar	0.19	0.65	USTB	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 468 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, SPIB and USTB hold 4% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026.

50%

0 half 100%

half

4% in common

Positions both hold · largest shared weight first SPIB USTB

Duke Energy Carolinas LLC, due Jun 15, 2031 0.13% 0.17%

Meta Platforms Inc, due May 15, 2031 0.12% 0.18%

Salesforce Inc, due Mar 15, 2028 0.10% 0.22%

Fidelity National Information Services Inc, due Mar 10, 2029 0.10% 0.10%

T-Mobile USA Inc, due Apr 15, 2031 0.09% 0.25%

Alabama Power Co, due Mar 15, 2031 0.08% 0.19%

JPMorgan Chase & Co, due Apr 23, 2030 0.08% 0.13%

AbbVie Inc, due Mar 3, 2028 0.08% 0.13%

Intuit Inc, due Jun 15, 2031 0.07% 0.15%

Horace Mann Educators Corp, due Sep 15, 2028 0.07% 0.14%

Amgen Inc, due Feb 19, 2031 0.06% 0.09%

Humana Inc, due Apr 15, 2031 0.07% 0.06%

Only in one fund ↓

Only in SPIB

Morgan Stanley Bank NA, due Jan 12, 2029 0.54%

Salesforce Inc, due Sep 15, 2031 0.26%

National Bank of Canada, due Jun 4, 2032 0.26%

JPMorgan Chase & Co, due Jul 23, 2036 0.26%

Charles Schwab Corp/The, due Nov 17, 2029 0.24%

Goldman Sachs Group Inc/The, due Jan 21, 2029 0.23%

AT&T Inc, due Feb 15, 2028 0.23%

Morgan Stanley Private Bank NA, due Jul 6, 2028 0.22%

Only in USTB

U S TREASURY NOTE, due Nov 15, 2027 1.75%

U S TREASURY NOTE, due Aug 31, 2030 1.57%

U S TREASURY NOTE, due Dec 31, 2028 1.38%

U S TREASURY NOTE, due Jan 31, 2031 1.25%

U S TREASURY NOTE, due Aug 15, 2029 1.00%

ANTERO RESOURCES CORP 0.98%

U S TREASURY NOTE, due Aug 31, 2027 0.75%

U S TREASURY NOTE, due Dec 15, 2026 0.68%

Check overlap with more funds →

Side by side

SPIB State Street SPDR Portfolio Intermediate Term Corporate Bond ETF USTB VictoryShares Short-Term Bond ETF

Where it sits Bond ETF Bond ETF

Issuer State Street VictoryShares

What it is Tracks an index Actively managed

Total return, 1 year −0.1% +2.7%

Its benchmark over the same days −1.4% (AGG) not measured

Gap to its benchmark +1.3 pts vs AGG not measured

Expense ratio 0.04% 0.34%

Holdings 5398 1034

Net assets, SPIB as of Oct 27, 2026 and USTB as of Jun 30, 2026 $11.6bn $2.2bn

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

Client brief · page 1 of 2 Report BR-6C8CC2A17C

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

What each follows. SPIB follows Bloomberg U.S. Intermediate Corporate Bond Index and USTB follows No index, actively managed.
Holdings in common. 4% of the weight is in the same securities (holdings dated Jun 30, 2026).
One-year total return. Over 1 year to Oct 28, 2026 SPIB returned −0.1% and USTB +2.7% with distributions reinvested, a gap of 2.8 points.

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.

USTB

USTB is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +2.7% with distributions reinvested. The prospectus expense ratio is 0.34% a year.

Questions people ask

Which returned more over the last year, SPIB or USTB?: In the year to Oct 28, 2026, with distributions reinvested, SPIB returned −0.1% and USTB +2.7%.
Which is cheaper, SPIB or USTB?: SPIB is cheaper, by 0.30 percentage points a year. That is about $30 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

IBDW vs SPIB BSCU vs SPIB CGSD vs SPIB JFLX vs SPIB BSV vs USTB EVSD vs USTB APCB vs USTB SPSB vs USTB

Where to next

SPIB on its own →USTB on its own →Hold both: look the portfolio through →Rankings →SPIB dividend history →SPIB holdings →USTB dividend history →USTB holdings →Standards and sources →

Sources and dates

SPIB filings on SEC EDGAR ↗

SPIB prospectus with the expense ratio (SEC) ↗

State Street website ↗

USTB filings on SEC EDGAR ↗

USTB prospectus with the expense ratio (SEC) ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, SPIB against USTB, data as of Oct 28, 2026. https://etfiq.com/compare/any/spib-vs-ustb

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.