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SPTUvsQBERETF Comparison

ETF 1
SPTU

State Street SPDR Portfolio Ultra Short T-Bill ETF

This fund is part of
Money Market Bonds
+0.01%
VS
ETF 2
QBER

TrueShares Quarterly Bear Hedge ETF

This fund is part of
Options Strategies
+0.3%

State Street SPDR Portfolio Ultra Short T-Bill ETF (SPTU) belongs to the Money Market Bonds segment. TrueShares Quarterly Bear Hedge ETF (QBER) is part of the Options Strategies segment. SPTU's top 1 sector exposures are Sovereign. In contrast, QBER's top sector exposures are Sovereign and Non-Corporate. SPTU is less expensive with a Total Expense Ratio (TER) of 0.05%, versus 0.79% for QBER. SPTU is up 2.39% year-to-date (YTD) with +$3M in YTD flows. QBER performs worse with -0.08% YTD performance, and -$98M in YTD flows. Run a side-by-side ETF comparison of SPTU and QBER 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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SPTU vs QBER performance and flow charts

Performance

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

Cumulative Flows

-1 M-0.5 M0 M0.5 M1 M1.5 M2 M2.5 MAug 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 09/02/2026
1M3MYTD1Y3Y5Y
Perf.
SPTU
QBER
+0.28%+0.01%
+0.90%+0.19%
+2.39%-0.08%
n/a-0.42%
n/an/a
n/an/a
Flows
SPTU
QBER
-+$2M
--$4M
+$3M-$98M
--$131M
--
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
SPTU
QBER
+0.16%+1.48%
n/a+2.05%
n/an/a
n/an/a
Max drawdown
SPTU
QBER
n/a-0.55%
n/a-2.11%
n/an/a
n/an/a
Max drawdown duration
SPTU
QBER
n/a35d
n/a156d
n/an/a
n/an/a
Trading data

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SPTU
QBER
Last sale
9/3/2026 at 1:46 PM
$25.01
$23.86
Previous close
09/02/2026
$25.01
$23.82
Consolidated volume
09/02/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of September 3, 2026
1-year trailing difference

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QBER
is actively managed and doesn’t replicate an index

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SPTU
QBER
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 9/3/2026 at 1:46 PM
Live
Closed
SPTU
QBER
Last price
$25.01
$23.86
1D performance
+0.00%
+0.17%
AuM$13.76 M$75.02 M
E/R0.05%0.79%
Characteristics
SPTU
QBER
Management strategyPassiveActive
ProviderState Street Investment ManagementTrueShares
BenchmarkICE BofA US Treasury Bill Index-
N° of holdings414
Asset class--
Trailing 12m distribution yield
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Inception dateOctober 8, 2025June 28, 2024
ESGNoNo
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Exposure

Countries

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

Sectors

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

SPTU

Total weight of top 15 holdings out of 15

58.74%
QBER

Total weight of top 4 holdings out of 4

99.67%

Top 15 holdings

Data as of July 31, 2026
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%
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%
Frequently asked questions about SPTU and QBER

How have the SPTU and QBER ETFs performed in 2026?

As of September 2, 2026, SPTU is up 2.39% year-to-date (YTD), while QBER has lost -0.08%. That puts SPTU better performer ahead so far this year.

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

Year-to-date, the SPTU ETF saw +$3M in flows, compared to -$98M for QBER.

Which ETF is bigger: SPTU or QBER?

As of September 2, 2026, SPTU holds $13.76 M in assets under management (AUM), while QBER manages $75.02 M.

What sectors do the SPTU and QBER ETFs invest in?

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

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

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

Which ETF is more diversified: SPTU or QBER?

SPTU holds 41 securities with 58.74% of its assets in the top 15. QBER has 4 securities.

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