Are SPSB and XBI in the same category?

SPSB is a bond ETF and XBI is a thematic ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.

Which returned more over the last year, SPSB or XBI?

In the year to Oct 28, 2026, with distributions reinvested, SPSB returned +2.2% and XBI +41.2%.

Which is cheaper, SPSB or XBI?

SPSB is cheaper, by 0.31 percentage points a year. That is about $31 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

SPSB vs XBI: Differences, Returns & Fees

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Over the year to Oct 28, 2026, SPSB returned +2.2% to XBI's +41.2%, and SPSB charges 0.04% to XBI's 0.35%.

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Net assets on Oct 27, 2026: $11.3bn for State Street SPDR Portfolio Short Term Corporate Bond ETF and $10.3bn for State Street SPDR S&P Biotech ETF.

SPSB on its own →XBI on its own →

At a glance

+2.2%

SPSB total return, 1 year

+41.2%

XBI total return, 1 year

0.04%

SPSB expense ratio

0.35%

XBI expense ratio

Pair scorecard

SPSB costs 0.31 points a year less; their one-year returns differ by 39.0 points; SPSB is 1.1 times larger.

SPSB vs XBI: Differences, Returns & Fees
Measure	SPSB	XBI
Return
Measure	SPSB	XBI
Total return, 1 year	+2.2%	+41.2%
Drawdown
Measure	SPSB	XBI
Below its all-time high		8.9%, high on Feb 8, 2021
Benchmark
Measure	SPSB	XBI
What it tracks	Bloomberg U.S. 1-3 Year Corporate Bond Index	Biotech
Cost and size
Measure	SPSB	XBI
Expense ratio	0.04%	0.35%
Net assets, as of Oct 27, 2026	$11.3bn	$10.3bn
Active share vs the S&P 500		98%
Holdings
Measure	SPSB	XBI
Holdings in common	0%
In the S&P 500, by weight		13%
Top ten holdings, share of the fund		18%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

By the books each fund has filed, SPSB and XBI hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first SPSB XBI

Only in one fund ↓

Only in SPSB

SALESFORCE INC SR UNSECURED 03/29 4.65 0.66%

AERCAP IRELAND CAP/GLOBA COMPANY GUAR 10/28 3 0.47%

PFIZER INVESTMENT ENTER COMPANY GUAR 05/28 4.45 0.45%

AMAZON.COM INC SR UNSECURED 03/29 4 0.45%

BANK OF AMERICA CORP SR UNSECURED 12/28 VAR 0.45%

NVIDIA CORP SR UNSECURED 06/29 4.35 0.43%

GOLDMAN SACHS GROUP INC SR UNSECURED 05/29 VAR 0.38%

ORACLE CORP SR UNSECURED 02/29 4.55 0.37%

Only in XBI

MODERNA INC 2.24%

TWIST BIOSCIENCE CORP 1.86%

NATERA INC 1.82%

BIOGEN INC 1.75%

HALOZYME THERAPEUTICS INC 1.75%

UNITED THERAPEUTICS CORP 1.71%

AMGEN INC 1.68%

ABBVIE INC 1.67%

Check overlap with more funds →

Side by side

SPSB State Street SPDR Portfolio Short Term Corporate Bond ETF XBI State Street SPDR S&P Biotech ETF

Where it sits Bond ETF Thematic ETF

Issuer State Street State Street

What it is Tracks an index of Short Term Corporate Bond Biotech

Total return, 1 year +2.2% +41.2%

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

Gap to its benchmark +3.6 pts vs AGG not measured

Expense ratio 0.04% 0.35%

Holdings 1684 165

Net assets, as of Oct 27, 2026 $11.3bn $10.3bn

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

Alert

About each fund

SPSB

SPSB tracks an index of Short Term Corporate Bond. Over the year to Oct 28, 2026 it returned +2.2% 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.

XBI

By weight, 13% of XBI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 18% of the fund across 165 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +41.2% with distributions reinvested. It sits 8.9% below its all-time high of Feb 8, 2021.

Questions people ask

Are SPSB and XBI in the same category?: SPSB is a bond ETF and XBI is a thematic ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, SPSB or XBI?: In the year to Oct 28, 2026, with distributions reinvested, SPSB returned +2.2% and XBI +41.2%.
Which is cheaper, SPSB or XBI?: SPSB is cheaper, by 0.31 percentage points a year. That is about $31 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

IBB vs SPSB HGER vs SPSB AOR vs SPSB SPSB vs VTEB IGSB vs XBI VCSH vs XBI BSV vs XBI PFF vs XBI

Where to next

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

Sources and dates

SPSB and XBI filings on SEC EDGAR ↗

SPSB and XBI prospectus with the expense ratio (SEC) ↗

State Street website ↗

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, SPSB against XBI, data as of Oct 28, 2026. https://etfiq.com/compare/any/spsb-vs-xbi

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