State Street Short Duration IG Public & Private Credit ETF (PRSD) Price

State Street Short Duration IG Public & Private Credit ETF is offered by SPDR, a leading player in the field of passive investments.

The ISIN of State Street Short Duration IG Public & Private Credit ETF is US78470P5807.

State Street Short Duration IG Public & Private Credit ETF aims to deliver 1 times the daily return of IG (short/inverse). The leverage resets each trading day, so multi-day returns can differ materially from 1X the underlying's cumulative return.

Volatility decay (also called compounding drag) occurs because State Street Short Duration IG Public & Private Credit ETF rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 1X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

Leveraged ETFs like State Street Short Duration IG Public & Private Credit ETF are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.

State Street Short Duration IG Public & Private Credit ETF provides 1X daily short/inverse exposure to IG. When IG moves +1% in a day, State Street Short Duration IG Public & Private Credit ETF targets approximately 1% (before fees).

The total expense ratio of State Street Short Duration IG Public & Private Credit ETF is 0.45%, which means that investors pay 45.00 USD per 10,000 USD in investment capital annually.

The ETF is listed in USD.

European investors may incur additional costs for currency exchange and transaction fees.

No, State Street Short Duration IG Public & Private Credit ETF does not comply with the EU UCITS investor protection directives.

The current average trading volume of State Street Short Duration IG Public & Private Credit ETF is 127,856.50.

State Street Short Duration IG Public & Private Credit ETF is domiciled in US.

The fund was launched on 9/9/2025.

The State Street Short Duration IG Public & Private Credit ETF mainly invests in Investment Grade companies.

The NAV of State Street Short Duration IG Public & Private Credit ETF amounts to 25.02 M USD.

Investments can be made through brokers or financial institutions that provide access to trading ETFs.

The ETF is traded on the stock exchange, similar to stocks.

Yes, the ETF can be held in a regular securities account.

The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.

The ETF is valued on a daily stock exchange basis.

Information on dividends should be requested from the provider's website or your broker.

The risks include market fluctuations, currency risks, and the risk associated with smaller companies.

The ETF is obligated to report regularly and transparently on its investments.

The performance can be viewed on Eulerpool or directly on the provider's website.

Further information can be found on the official website of the provider.