SPDR Barclays Competition

SPTL Etf

USD 26.06 -0.11 -0.42%

SPDR Barclays Long competes with SPDR Barclays, IShares Aerospace, SPDR Portfolio, Schwab Intermediate, and SPDR Portfolio and other related companies. SPDR Barclays margin trends reveal whether its pricing power is holding up against peers.

Pair Correlation for SPDR Barclays and IShares 10 Details

No diversification benefit

SPDR Barclays currently posts a 1.0 correlation with IShares 10, indicating a No diversification benefit relationship for the active sample. The overlap area shows the portion of risk that can be diversified away by holding both instruments together.

Moving together with SPDR Etf

0.89	TLT	iShares 20 Year	Pair Corr
0.88	IEF	iShares 7 10	Pair Corr
1.0	TLH	iShares 10 20	Pair Corr
0.88	EDV	Vanguard Extended	Pair Corr

Moving against SPDR Etf

0.47	FNGU	MicroSectors FANG Index Symbol Change	Pair Corr
0.44	BULZ	MicroSectors Solactive	Pair Corr
0.37	GGLL	Direxion Daily GOOGL	Pair Corr

Specify up to 10 symbols:

The concept of mean reversion suggests that SPDR Barclays' price will eventually return toward its long-run average. Positions sized too aggressively against the trend can suffer sustained losses before reversion occurs in SPDR Barclays. The mean reversion framework for SPDR Barclays is built on the premise that markets are not perfectly efficient.

Hype

Prediction

Low	Estimated	High
25.49	26.07	26.65

Details

Intrinsic

Valuation

Low	Real	High
25.64	26.22	26.80

Details

A rigorous investment case for SPDR Barclays requires more than studying its own financials. Understanding where SPDR Barclays Long stands relative to peers supports assessment of sustainable advantage. How SPDR Barclays' growth rates, profitability, and capital efficiency stack up against peers often decides investments.

SPDR Barclays Competition Correlation Matrix

Competition correlation for SPDR Barclays Long matters because related securities often respond to the same industry, factor, or macro drivers even when their business stories differ. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.

	SPIB	ITA	SPTI	SCHR	SPTM	HDV	STIP	PFF	VFSAX	TLH
SPIB		0.66	0.9	0.9	0.49	0.59	0.27	0.69	0.82	0.85	SPIB
ITA	0.66		0.56	0.56	0.35	0.63	0.45	0.67	0.76	0.68	ITA
SPTI	0.9	0.56		1.0	0.19	0.65	0.5	0.36	0.64	0.87	SPTI
SCHR	0.9	0.56	1.0		0.21	0.64	0.48	0.38	0.64	0.88	SCHR
SPTM	0.49	0.35	0.19	0.21		-0.1	-0.4	0.75	0.53	0.34	SPTM
HDV	0.59	0.63	0.65	0.64	-0.1		0.83	0.23	0.7	0.58	HDV
STIP	0.27	0.45	0.5	0.48	-0.4	0.83		-0.17	0.35	0.38	STIP
PFF	0.69	0.67	0.36	0.38	0.75	0.23	-0.17		0.78	0.49	PFF
VFSAX	0.82	0.76	0.64	0.64	0.53	0.7	0.35	0.78		0.66	VFSAX
TLH	0.85	0.68	0.87	0.88	0.34	0.58	0.38	0.49	0.66		TLH
	SPIB	ITA	SPTI	SCHR	SPTM	HDV	STIP	PFF	VFSAX	TLH

Please upgrade your account to get full access to Macroaxis premium features

High positive correlations

SCHR	+ 1.0	SPTI
SPTI	+ 0.9	SPIB
SCHR	+ 0.9	SPIB
TLH	+ 0.88	SCHR
TLH	+ 0.87	SPTI
TLH	+ 0.85	SPIB

High negative correlations

STIP	- 0.4	SPTM
PFF	- 0.17	STIP
HDV	- 0.1	SPTM

SPDR Barclays Constituents Risk-Adjusted Indicators

Evaluating SPDR Etf requires separating price momentum from underlying operating strength versus competitors. Risk-adjusted metrics help compare SPDR Barclays' efficiency and downside exposure against peers on a like-for-like basis. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
SPIB	0.13	-0.01	0.00	-0.19	0.00	0.00	0.27	-0.33	0.92
ITA	1.17	0.18	0.13	0.14	1.32	-1.23	2.72	-2.41	6.44
SPTI	0.15	-0.01	0.00	-0.50	0.00	0.00	0.31	-0.31	1.08
SCHR	0.16	-0.01	0.00	-0.56	0.00	0.00	0.32	-0.32	1.08
SPTM	0.58	-0.05	0.00	0.16	0.00	0.00	0.88	-1.38	3.60
HDV	0.50	0.15	0.31	2.49	0.35	-0.57	1.34	-0.82	3.33
STIP	0.07	0.00	0.66	-0.03	0.00	-0.08	0.13	-0.14	0.44
PFF	0.34	0.00	0.00	-0.05	0.00	0.00	0.67	-0.70	2.43
VFSAX	0.71	0.10	0.09	0.08	1.11	-0.67	1.46	-1.93	5.57
TLH	0.38	-0.02	0.00	-0.35	0.00	0.00	0.70	-0.84	2.86

SPDR Barclays Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	SPTL	SPIB	ITA	SPTI	SCHR	SPTM	HDV	STIP	PFF	VFSAX
	0.42 26.06 SPDR	0.21 33.47 SPDR	1.45 225.86 IShares	0.32 28.60 SPDR	0.32 24.86 Schwab	0.23 79.41 SPDR	0.47 133.60 IShares	0.02 103.05 IShares	0.56 30.61 IShares	2.03 36.14 VICTORY
Market Volatility (90 Days Market Risk)	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low
Market Performance (90 Days Performance)	Weak	Weak	Mild	Weak	Weak	Weak	Constructive	Moderate	Weak	Soft
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Under Valued	Fairly Valued	Fairly Valued	Fairly Valued	Under Valued	Over Valued	Fairly Valued	Under Valued
Buy or Sell Analysis (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Cautious Hold	Buy	Cautious Hold	Cautious Hold	Strong Sell	Strong Buy	Strong Sell	Hold	Buy
Net Asset	5.19 B	5.91 B	3.39 B	3.83 B	7.91 B	5.12 B	11.36 B	12.13 B	14.32 B	2.28 M
Price To Book	N/A	N/A	3.44	N/A	N/A	N/A	3.24	N/A	N/A	N/A
Five Year Return	-4.9	1.8	18.1	0.2	0.2	12.1	11.1	3.5	1.3	5.02
One Year Return	0.3	5.3	42.3	4.2	3.9	17.4	14.3	4.5	2.4	23.51
Last Dividend Paid	0.058	0.0455	0.79	0.0157	0.0434	0.17	0.88	0.35	0.15	0.02
Beta	2.24	0.68	1.2	0.81	0.81	1.01	0.42	0.25	0.78	N/A
Price To Earning	N/A	N/A	19.37	N/A	N/A	4.05	18.35	N/A	3.95	N/A
Price To Sales	N/A	N/A	1.35	N/A	N/A	N/A	2.15	N/A	N/A	N/A
Equity Positions Weight	N/A	N/A	99.94	N/A	N/A	99.74	99.6	N/A	7.27	91.82
Cash Position Weight	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	7.76
Three Year Return	-1.7	5.4	27.6	2.9	3.2	19.6	14.3	4.9	6.9	14.39
Annual Yield	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.0296
Bond Positions Weight	N/A	12.13	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Year To Date Return	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	1.78
Ten Year Return	-0.8	2.9	15.7	1.4	1.3	14.0	9.2	3.1	3.2	5.03
Day Typical Price	26.05	33.48	225.81	28.59	24.85	79.4	133.47	103.03	30.6	36.14
Accumulation Distribution	0.0077	13802.33	11815.17	7598.31	5917.77	0.0113	0.0164	1545.5	10504.29	N/A
Market Facilitation Index	0.2	N/A	0.0	N/A	N/A	0.9	2.21	N/A	N/A	N/A
Daily Balance Of Power	-0.55	1.166667	1.61809	1.5	1.333333	-0.20	0.2851	0.2	1.416667	N/A
Period Momentum Indicator	-0.11	0.07	3.22	0.09	0.08	-0.18	0.63	0.02	0.17	0.72
Rate Of Daily Change	1.0	1.0	1.01	1.0	1.0	1.0	1.0	1.0	1.01	1.02
Day Median Price	26.04	33.48	225.79	28.59	24.85	79.4	133.41	103.02	30.6	36.14
Price Action Indicator	-0.04	0.025	1.69	0.055	0.05	-0.08	0.51	0.04	0.095	0.36
Relative Strength Index	39.02	36.04	49.73	42.1	43.34	41.94	47.41	64.93	38.47	40.25
Coefficient Of Variation	-4,117	-5,144	1092.17	-4,001	-3,917	-2,936	429.25	811.89	-3,630	1454.94
Mean Deviation	0.435	0.1292	1.17	0.1528	0.1595	0.5777	0.4958	0.0686	0.3435	0.7144
Jensen Alpha	-0.02	-0.01	0.1758	-0.01	-0.01	-0.05	0.146	-0.0004	3.0E-4	0.0962
Total Risk Alpha	0.0141	-0.0014	0.2241	-0.0013	-0.0013	0.015	0.1871	0.0065	0.0079	0.1243
Sortino Ratio	N/A	N/A	0.1253	N/A	N/A	N/A	0.3147	0.6558	N/A	0.0936
Downside Variance	N/A	N/A	2.07	N/A	N/A	N/A	0.3973	0.0073	N/A	1.47
Standard Deviation	0.5564	0.178	1.47	0.2034	0.2063	0.7461	0.656	0.0866	0.4472	0.9858
Kurtosis	1.04	1.67	-0.15	0.6941	0.4837	0.3926	0.5416	0.1874	0.758	2.55
Potential Upside	0.8003	0.2666	2.72	0.3137	0.3185	0.8839	1.34	0.1265	0.6677	1.46
Treynor Ratio	-0.29	-0.19	0.1358	-0.50	-0.56	0.1642	2.49	-0.03	-0.05	0.0835
Maximum Drawdown	3.09	0.9231	6.44	1.08	1.08	3.6	3.33	0.4356	2.43	5.57
Variance	0.3095	0.0317	2.17	0.0414	0.0425	0.5567	0.4303	0.0075	0.2	0.9717
Market Risk Adjusted Performance	-0.28	-0.18	0.1458	-0.49	-0.55	0.1742	2.5	-0.02	-0.04	0.0935
Risk Adjusted Performance	-0.02	-0.05	0.0797	-0.05	-0.05	-0.03	0.1891	0.0163	-0.03	0.0582
Skewness	-0.49	-0.73	0.0358	-0.19	-0.28	-0.31	-0.08	-0.06	-0.26	-1.07
Semi Deviation	N/A	N/A	1.32	N/A	N/A	N/A	0.352	0.0	N/A	1.11
Information Ratio	0.0576	0.2363	0.1225	0.1989	0.1952	0.027	0.3024	0.6493	0.0743	0.1149
Value At Risk	-0.95	-0.33	-2.41	-0.31	-0.32	-1.38	-0.82	-0.14	-0.70	-1.93
Expected Short fall	N/A	N/A	-1.23	N/A	N/A	N/A	-0.57	-0.08	N/A	-0.67
Downside Deviation	N/A	N/A	1.44	N/A	N/A	N/A	0.6303	0.0857	N/A	1.21
Semi Variance	N/A	N/A	1.74	N/A	N/A	N/A	0.1239	-0.0046	N/A	1.24

SPDR Barclays Competition Peer Performance Charts

How to Analyze SPDR Barclays Against Peers

SPDR Barclays' peer analysis compares SPDR Barclays with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:

Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
Check valuation dispersion: Review whether SPDR Barclays trades at a premium or discount versus peers and why.
Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
Document the thesis: Record where SPDR Barclays leads or lags and what catalysts could close or widen the gap.

Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

Peer Comparison Metrics & Methodology

Operating expenses at SPDR Barclays as a share of revenue sit below the peer group midpoint, signaling tighter cost control. Competition analysis adds context to price action by grounding it in relative fundamentals.

Data shown for SPDR Barclays Long is aggregated from fund disclosures and market reference feeds and normalized across reporting formats. Source publication timing can introduce delays.

This content is curated and reviewed by:

Raphi Shpitalnik - Junior Member of Macroaxis Editorial Board

Last reviewed on March 9th, 2026

Macroaxis provides analytical tools and reference data for investors of all levels to evaluate holdings and assess risk across market volatility, economic shifts, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC