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

SPLB: Don't Miss The Opportunity To Accumulate Now

SPDR Portfolio Long Term Corporate Bond ETF owns a portfolio of long-term investment grade corporate bonds in the United States. Investors of SPLB will earn an attractive 5.69%-yielding bond interest.

Seeking Alpha • Mar 9, 2023

Bull vs. Bear: A Town Hall On Muni ETFs

Bull vs. Bear is a weekly  feature where the VettaFi writers' room takes opposite sides for a debate on controversial stocks, strategies, or market ideas — with plenty of discussion of ETF ideas to play at either angle.  For this edition of Bull vs.

ETF Trends • Jan 25, 2023

SPLB: The Worst May Be Over

SPDR Portfolio Long Term Corporate Bond ETF, or SPLB, provides low-cost exposure to long-duration investment grade corporate bonds. SPLB suffered a large drawdown in 2022 due to its 13+ years of portfolio duration.

Seeking Alpha • Dec 15, 2022

SPSB Vs. SPLB: Comparing Short/Long Investment-Grade Corporate Bond ETFs

The SPDR Portfolio Short Term Corporate Bond ETF, SPSB, invests based on the Bloomberg U.S. 1-3 Year Corporate Bond Index and has a WAM of 2.04 years: WAC is 3.02%. The SPDR Portfolio Long Term Corporate Bond ETF, SPLB, invests based on the Bloomberg U.S. Long Term Corporate Bond Index and has a WAM of 23.35 years: WAC is 4.5%.

Seeking Alpha • Sep 7, 2022