(SPBO) Portfolio Corporate Bond - Overview

ETF Category: Corporate Bond | Exchange: NYSE ARCA (USA) | Market Cap: 1.954m USD | Total Return: 6.9% in 12m

Corporate Bonds, Fixed Income, Investment Grade Debt
Total Rating 42
Safety 55
Buy Signal -0.46
Corporate Bond
Category Rotation: +4.0
TER: 0.03%
AUM: 1.95B
Avg Turnover: 19.4M
Risk 3d forecast
Volatility5.12%
VaR 5th Pctl0.95%
VaR vs Median2.81%
Reward TTM
Sharpe Ratio0.59
Rel. Str. IBD32.7
Rel. Str. Peer Group90.6
Character TTM
Beta0.149
Beta Downside0.123
Hurst Exponent0.558
Drawdowns 3y
Max DD6.41%
CAGR/Max DD0.86
CAGR/Mean DD3.95

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: SPBO Portfolio Corporate Bond

The SPDR Portfolio Corporate Bond ETF (SPBO) tracks the performance of the U.S. investment-grade corporate bond market. The fund maintains a policy of investing at least 80% of its assets in securities within its underlying index or those with nearly identical economic characteristics. This strategy provides exposure to debt issued by highly rated corporations across diverse industries.

Investment-grade bonds are defined by credit ratings of BBB- or higher from major agencies, representing issuers with a lower perceived risk of default compared to high-yield counterparts. In the corporate bond sector, returns are primarily driven by the spread over Treasury yields and the prevailing interest rate environment. For deeper insights into fixed-income valuation metrics, consider exploring the data available on ValueRay.

Headlines to Watch Out For
  • Federal Reserve interest rate pivots dictate underlying bond valuation and yield
  • Investment grade credit spreads narrow or widen based on corporate solvency
  • U.S. Treasury yield curve shifts impact long-term fixed income pricing
  • Corporate default rates and credit rating migrations influence portfolio net asset value
  • Institutional demand for high-quality debt fluctuates with broader market volatility
What is the price of SPBO shares?

As of May 29, 2026, the stock is trading at USD 29.08 with a total of 943,041 shares traded.
Over the past week, the price has changed by +0.97%, over one month by +0.29%, over three months by -0.81% and over the past year by +6.93%.

Is SPBO a buy, sell or hold?

Portfolio Corporate Bond has no consensus analysts rating.