State Street Investment ManagementUltrashort BondULST · NYSE Arca

State Street Ultra Short Term Bond ETF (ULST)

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Price: $40.26; —11 Sept 2026
Assets: $515.1M; Total net assets
Expense ratio: 0.20%; Category 0.38%
Yield: 4.11%; Trailing distributions

1Y return: 3.3%-0.6%; Category 3.9%
3Y CAGR: 4.8%-0.3%; Category 5.1%
5Y CAGR: 3.7%-0.3%; Category 3.9%

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State Street Ultra Short Term Bond ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+0.2%	+0.8%	+1.6%	+2.1%	+3.3%	+4.8%	+3.7%	+2.7%	+2.2%
Ultrashort Bond average	0.3%	0.8%	2.0%	2.6%	3.9%	5.1%	3.9%	3.0%	3.4%
Difference	-0.1%	-0.1%	-0.4%	-0.5%	-0.6%	-0.3%	-0.3%	-0.3%	-1.2%

Holdings

The 1 largest positions make up 7.1% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
GVMXX	State Street Instl US Govt MMkt Premier	7.12%

Credit quality

Share of the bonds by rating.

US government33.5%
AAA4.0%
AA37.2%
A31.4%
BBB18.0%
BB1.5%
Below B8.3%

Asset mix

Bonds69.4%
Cash30.6%

ETF details

Issuer: State Street Investment Management
Category: Fixed Income · Ultrashort Bond
Ticker: ULST
Exchange: NYSE Arca
Inception: 9 Oct 2013 (12.9 years)
Structure: Exchange Traded Fund
Expense ratio: 0.20% (category 0.38%)
Holdings turnover: 52% (category 63%)
Distribution yield: 4.11%
Beta, 3 years: 0.10
Total net assets: $515.1M
Average duration: 4.39 years
Average maturity: 9.97 years

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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