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ALL
AUM
$1.20B
P/E ratio
39.2
Dividend yield
5.2268%
Expense ratio
0.04%
Beta
0.669124
Previous close
$23.02
Today's open
$23.03
Day's range
$22.99 - $23.07
52 week range
$21.01 - $23.60
Bonds
Domestic
0.94%
SCHQ Offers Pure Treasury Focus While SPLB Yields More
SCHQ comes with a slightly lower expense ratio and focuses on long-term U.S. Treasury bonds, while SPLB targets long-term investment-grade corporate bonds. SPLB has delivered a stronger 1-year return and higher dividend yield, and has also shown a smaller maximum drawdown than SCHQ.
The Motley Fool • Feb 10, 2026

SPLB And TLT Both Offer Strong Dividend Yield
SPLB offers a lower expense ratio and a positive return over the last 12 months, while TLT has decreased in price within that span. TLT carries less risk than SPLB because all of the bonds it holds are backed by the U.S. government.
The Motley Fool • Feb 8, 2026

Interested in Bond ETFs? SCHQ and SPLB Offer Different Ways to Play Long-Duration Loans.
SCHQ charges a slightly lower expense ratio but trails SPLB on yield and one-year returns. SPLB has a higher five-year risk exposure but lost less value during recent drawdowns than SCHQ.
The Motley Fool • Feb 7, 2026

Investing in Corporate Bonds? One of These ETFs Holds Up Better Long-Term.
SPLB charges a meaningfully lower expense ratio and offers a higher yield than LQD. SPLB has experienced a deeper five-year drawdown and weaker long-term total returns.
The Motley Fool • Dec 27, 2025

SPLB Offers Higher Yield and Lower Fees, While LQD May Help Limit Risk
SPLB and LQD both offer exposure to U.S. investment-grade corporate bonds. SPLB stands out for its lower fees and higher yield.
The Motley Fool • Nov 8, 2025

SPLB: Don't Bet On The World's Structure 20 Years Out
Demographics (outside of immigration considerations) aren't a direct concern for US productivity and therefore long-term benchmark rates. But it has been suggested the demographic effects in portfolio allocation may see a net retail divestment from long-term fixed income as the soon-to-retire sell long-dated bonds. We see more risks in the ability for the US to maintain its USD reserve currency status over significant horizons of the long-dated SPLB, at 20+ years.
Seeking Alpha • Sep 23, 2025

SPLB: The Worst Of Both Worlds From A Macro Stand-Point
SPLB offers diversified exposure to long-term US corporate bonds, with a focus on A and BBB credits and a 12.5-year duration. Current BBB spreads are near historic lows, limiting upside potential and increasing downside risk if spreads widen or rates rise. The fund's performance relies heavily on long-term interest rates and credit spreads, both of which present unfavorable risk/reward at present.
Seeking Alpha • Jul 16, 2025

SPLB: High Duration Investment Grade Bond Fund, 5.4% Yield
The SPDR Portfolio Long Term Corporate Bond ETF is a fixed income ETF that focuses on investment grade corporate bonds. SPLB has a longer duration of 12.9 years, compared to the iShares iBoxx Investment Grade Corporate Bond ETF with 8.5 years. The main risk factors for SPLB are interest rates and credit spreads.
Seeking Alpha • Jan 9, 2024

SPLB: A Good Fund But Not A Good Time
Investing in the SPDR® Portfolio Long Term Corporate Bond ETF may not be worth the risk due to potential default risk in the global corporate credit market. SPLB is a low-cost ETF that provides exposure to U.S. corporate bonds with a maturity of 10 years or more. SPLB's credit quality is largely investment grade, but it still carries some credit risk and may be vulnerable to widening credit spreads.
Seeking Alpha • Oct 24, 2023

Bet on Investment Grade Bond ETFs Amid Rising Corporate Default
As the Fed continues to hike interest rates to curb inflation, the corporate bond market is experiencing an increase in default rates.
Zacks Investment Research • Jun 29, 2023

¹ Disclosures

Open an M1 investment account to buy and sell SPDR Portfolio Long Term Corporate Bond ETF commission-free¹. Build wealth for the long term using automated trading and transfers.