BNDDvsSPTLETF Comparison
VS
ETF 2
SPTL
State Street SPDR Portfolio Long Term Treasury ETF
This fund is part of
US Government Bonds
-0.6%
Quadratic Deflation ETF (BNDD) belongs to the Options Strategies segment. State Street SPDR Portfolio Long Term Treasury ETF (SPTL) is part of the US Government Bonds segment. Both ETFs have the same top 1 sector exposures: Sovereign. BNDD is more expensive with a Total Expense Ratio (TER) of 1.02%, versus 0.03% for SPTL. BNDD is up 3.38% year-to-date (YTD) with +$10M in YTD flows. SPTL performs worse with -4.19% YTD performance, and +$653M in YTD flows. Run a side-by-side ETF comparison of BNDD and SPTL below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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BNDD vs SPTL performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/10/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | BNDD SPTL | +1.11%-1.10% | -1.19%-3.22% | +3.38%-4.19% | +0.68%-4.89% | -10.08%+1.19% | n/a-31.06% |
| Flows | BNDD SPTL | -$3M+$300M | +$12M+$1.18B | +$10M+$653M | +$10M+$56M | -$32M+$5.11B | -+$10.10B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | BNDD SPTL | +6.82%+9.08% | +7.53%+8.39% | +11.35%+12.22% | n/a+14.42% |
| Max drawdown | BNDD SPTL | -5.37%-5.87% | -5.51%-7.84% | -17.62%-13.37% | n/a-41.05% |
| Max drawdown duration | BNDD SPTL | 78d73d | 225d193d | 807d724d | n/a1740d |
Trading data
BNDD | SPTL | |
Last sale 9/11/2026 at 1:30 PM | $96.97 | $24.69 |
| Previous close 09/10/2026 | $96.16 | $24.70 |
| Consolidated volume 09/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
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BNDD
is actively managed and doesn’t replicate an indexBNDD | SPTL | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/11/2026 at 1:30 PM
Live
Closed
BNDD | SPTL | |
|---|---|---|
| Last price | $96.97 | $24.69 |
| 1D performance | +0.84% | -0.04% |
| AuM | $17.49 M | $10.87 B |
| E/R | 1.02% | 0.03% |
Characteristics
BNDD | SPTL | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | KraneShares | State Street Investment Management |
| Benchmark | - | Bloomberg US Long Treasury Index |
| N° of holdings | 99 | 99 |
| Asset class | - | Bonds |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 21, 2021 | May 23, 2007 |
| ESG | No | No |
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Exposure
Countries
BNDD
USA
76.71%
Other
23.29%
SPTL
USA
98.17%
Other
1.83%
Sectors
BNDD
Sovereign
76.71%
Other
23.29%
SPTL
Sovereign
98.17%
Other
1.83%
Diversification
BNDD
Total weight of top 15 holdings out of 15
22.88%
SPTL
Total weight of top 15 holdings out of 15
29.2%
Top 15 holdings
Data as of July 31, 2026
BNDD
USA, Bonds 5% 15may2056, USD
1.70%
USA, Bonds 4.75% 15may2055, USD
1.69%
USA, Bonds 4.75% 15aug2055, USD
1.69%
USA, Bonds 4.625% 15feb2055, USD
1.65%
USA, Bonds 4.625% 15nov2055, USD
1.64%
USA, Bonds 4.75% 15feb2056, USD
1.63%
USA, Bonds 4.75% 15nov2053, USD
1.63%
USA, Bonds 4.625% 15may2054, USD
1.60%
USA, Bonds 4.5% 15nov2054, USD
1.57%
USA, Bonds 4.25% 15feb2054, USD
1.56%
USA, Bonds 4.25% 15aug2054, USD
1.54%
USA, Bonds 4.125% 15aug2053, USD
1.40%
USA, Bonds 4% 15nov2052, USD
1.24%
USA, Bonds 1.75% 15aug2041, USD
1.19%
USA, Bonds 3.625% 15feb2053, USD
1.15%
SPTL
USA, Bonds 4.75% 15aug2055, USD
2.17%
USA, Bonds 4.75% 15feb2056, USD
2.15%
USA, Bonds 4.75% 15may2055, USD
2.13%
USA, Bonds 5% 15may2056, USD
2.13%
USA, Bonds 4.625% 15may2054, USD
2.12%
USA, Bonds 4.625% 15feb2055, USD
2.10%
USA, Bonds 4.625% 15nov2055, USD
2.10%
USA, Bonds 4.5% 15nov2054, USD
2.07%
USA, Bonds 4.75% 15nov2053, USD
2.05%
USA, Bonds 4.25% 15aug2054, USD
1.96%
USA, Bonds 4.25% 15feb2054, USD
1.96%
USA, Bonds 4.125% 15aug2053, USD
1.77%
USA, Bonds 4% 15nov2052, USD
1.55%
USA, Bonds 1.75% 15aug2041, USD
1.48%
USA, Bonds 3.625% 15may2053, USD
1.46%
Frequently asked questions about BNDD and SPTL
How have the BNDD and SPTL ETFs performed in 2026?
As of September 10, 2026, BNDD is up 3.38% year-to-date (YTD), while SPTL has lost -4.19%. That puts BNDD better performer ahead so far this year.
Which ETF is attracting more investor money: BNDD or SPTL?
Year-to-date, the BNDD ETF saw +$10M in flows, compared to +$653M for SPTL.
Which ETF is more volatile: BNDD or SPTL?
Over the past year, BNDD had a volatility of 7.53%, while SPTL experienced 8.39%.
Which ETF is bigger: BNDD or SPTL?
As of September 10, 2026, BNDD holds $17.49 M in assets under management (AUM), while SPTL manages $10.87 B.
What sectors do the BNDD and SPTL ETFs invest in?
BNDD leans toward sectors like Sovereign. Meanwhile, SPTL focuses on Sovereign.
What are the top holdings of the BNDD ETF and SPTL ETF?
BNDD top holdings include USA, Bonds 5% 15may2056, USD, USA, Bonds 4.75% 15may2055, USD and USA, Bonds 4.75% 15aug2055, USD. SPTL holds in its top three: USA, Bonds 4.75% 15aug2055, USD, USA, Bonds 4.75% 15feb2056, USD and USA, Bonds 4.75% 15may2055, USD.
Which ETF is more diversified: BNDD or SPTL?
BNDD holds 99 securities with 22.88% of its assets in the top 15. SPTL has 99 securities and a top 15 weight of 29.2%.
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