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QBERvsSPTUETF Comparison

ETF 1
QBER

TrueShares Quarterly Bear Hedge ETF

This fund is part of
Options Strategies
-0.47%
VS
ETF 2
SPTU

State Street SPDR Portfolio Ultra Short T-Bill ETF

This fund is part of
Money Market Bonds
-0%

TrueShares Quarterly Bear Hedge ETF (QBER) belongs to the Options Strategies segment. State Street SPDR Portfolio Ultra Short T-Bill ETF (SPTU) is part of the Money Market Bonds segment. QBER's top 2 sector exposures are Sovereign and Non-Corporate. In contrast, SPTU's top sector exposures are Sovereign. QBER is more expensive with a Total Expense Ratio (TER) of 0.79%, versus 0.05% for SPTU. QBER is down -0.03% year-to-date (YTD) with -$101M in YTD flows. SPTU performs better with 2.38% YTD performance, and +$3M in YTD flows. Run a side-by-side ETF comparison of QBER and SPTU 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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QBER vs SPTU performance and flow charts

Performance

-0.10.00.10.20.3%Aug 3Aug 10Aug 17Aug 24Aug 31

Cumulative Flows

-1,000,000-500,0000500,000Aug 3Aug 10Aug 17Aug 24Aug 31

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 09/01/2026
1M3MYTD1Y3Y5Y
Perf.
QBER
SPTU
+0.06%+0.27%
+0.24%+0.90%
-0.03%+2.38%
-0.37%n/a
n/an/a
n/an/a
Flows
QBER
SPTU
-$714K-
-$7M-
-$101M+$3M
-$134M-
--
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
QBER
SPTU
+1.48%+0.16%
+2.05%n/a
n/an/a
n/an/a
Max drawdown
QBER
SPTU
-0.55%n/a
-2.11%n/a
n/an/a
n/an/a
Max drawdown duration
QBER
SPTU
34dn/a
155dn/a
n/an/a
n/an/a
Trading data

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QBER
SPTU
Last sale
9/1/2026 at 7:39 PM
$23.85
$25.01
Previous close
09/01/2026
$23.87
$25.00
Consolidated volume
09/01/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of September 2, 2026
1-year trailing difference

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QBER
is actively managed and doesn’t replicate an index

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QBER
SPTU
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 9/1/2026 at 7:39 PM
Live
Closed
QBER
SPTU
Last price
$23.85
$25.01
1D performance
-0.07%
+0.04%
AuM$71.96 M$13.75 M
E/R0.79%0.05%
Characteristics
QBER
SPTU
Management strategyActivePassive
ProviderTrueSharesState Street Investment Management
Benchmark-ICE BofA US Treasury Bill Index
N° of holdings441
Asset class--
Trailing 12m distribution yield
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Inception dateJune 28, 2024October 8, 2025
ESGNoNo
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Exposure

Countries

QBER
USA
99.67%
Other
0.33%
SPTU
USA
99.4%
Other
0.6%

Sectors

QBER
Sovereign
99.62%
Other
0.38%
SPTU
Sovereign
99.4%
Other
0.6%
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Diversification

QBER

Total weight of top 4 holdings out of 4

99.67%
SPTU

Total weight of top 15 holdings out of 15

58.74%

Top 15 holdings

Data as of July 31, 2026
QBER
USA, Bills 0% 20aug2026, USD (182D)
33.30%
USA, Bills 0% 17sep2026, USD (182D)
33.21%
USA, Bills 0% 15oct2026, USD (182D)
33.11%
State Street Institutional US Government Money Market Fund
0.05%
SPTU
USA, Bills 0% 3sep2026, USD (364D)
6.43%
USA, Bills 0% 10sep2026, USD (182D)
5.34%
USA, Bills 0% 1oct2026, USD (364D)
4.54%
USA, Bills 0% 29oct2026, USD (364D)
4.53%
USA, Bills 0% 17sep2026, USD (182D)
4.51%
USA, Bills 0% 24sep2026, USD (182D)
4.43%
USA, Bills 0% 22sep2026, USD (119D)
3.42%
USA, Bills 0% 8oct2026, USD (182D)
3.42%
USA, Bills 0% 15oct2026, USD (182D)
3.42%
USA, Bills 0% 22oct2026, USD (182D)
3.41%
USA, Bills 0% 24dec2026, USD (363D)
3.40%
USA, Bills 0% 15sep2026, USD (119D)
3.25%
USA, Bills 0% 8sep2026, USD (119D)
3.07%
USA, Bills 0% 1sep2026, USD (119D)
2.89%
USA, Bills 0% 27nov2026, USD (364D)
2.68%
Frequently asked questions about QBER and SPTU

How have the QBER and SPTU ETFs performed in 2026?

As of September 1, 2026, QBER is down -0.03% year-to-date (YTD), while SPTU has returned 2.38%. That puts SPTU better performer ahead so far this year.

Which ETF is attracting more investor money: QBER or SPTU?

Year-to-date, the QBER ETF saw -$101M in flows, compared to +$3M for SPTU.

Which ETF is bigger: QBER or SPTU?

As of September 1, 2026, QBER holds $71.96 M in assets under management (AUM), while SPTU manages $13.75 M.

What sectors do the QBER and SPTU ETFs invest in?

QBER leans toward sectors like Sovereign. Meanwhile, SPTU focuses on Sovereign.

What are the top holdings of the QBER ETF and SPTU ETF?

QBER top holdings include USA, Bills 0% 20aug2026, USD (182D), USA, Bills 0% 17sep2026, USD (182D) and USA, Bills 0% 15oct2026, USD (182D). SPTU holds in its top three: USA, Bills 0% 3sep2026, USD (364D), USA, Bills 0% 10sep2026, USD (182D) and USA, Bills 0% 1oct2026, USD (364D).

Which ETF is more diversified: QBER or SPTU?

QBER has 4 securities. SPTU has 41 securities and a top 15 weight of 58.74%.

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