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State Street® IG Public & Private ABS ETF

SPDR · US78470P5237

State Street® IG Public & Private ABS ETF is an exchange-traded fund (ETF) from SPDR, traded under the ticker PRAB (ISIN US78470P5237). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. In plain terms it is about owning small slices of companies, so you share in their growth…

· Tracks the ICE BofA US Fixed Rate Asset Backed Securities Index index ?
Equity ?Unknown Physical ?United States ?
Mid-range feeOwns the shares directlyUnited States
Fund size (AUM) ?
€21.8M
Yearly fee (TER) ?
0.39%
All-in cost ≈ 0.00%

About this fund

What you own

The ICE BofA US Fixed Rate Asset Backed Securities Index index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 64 companies across United States in a single purchase.

How it works

The fund actually buys every share in the index it tracks (full replication).

Read more

Owning every holding keeps things transparent — what is in the index is what the fund actually owns. It can be a touch costlier to run for indexes with thousands of tiny positions, since the fund has to buy and maintain them all. There is no swap bank involved, so there is no extra “what if the partner fails” question to weigh.

Cost

0.39%Yearly fee (TER)
0.00%All-in cost

The yearly running cost of the fund, shown as a % of your money. Lower is cheaper.

Read more

For example, a 0.20% fee works out at €0.20 a year for every €100 invested — that’s a generic illustration of the mechanic, not this fund’s own fee. It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Index tracked ?
ICE BofA US Fixed Rate Asset Backed Securities Index
Replication ?
Physical
Full — buys every share
Launched
Mar 2026

Performance

99.299.499.699.8100202620262026

Growth of $100 invested — the line starts at $100.

State Street® IG Public & Private ABS ETF

End-of-day prices, rebased to a common start so the shapes are comparable. Past performance does not predict future results.

How bumpy has it been?

1.7%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-0.8%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.

The bigger picture

-0.5%
Since inception
Total growth since the fund launched.
-0.8%
Worst fall on record ?
It has not fully recovered yet.

What's inside

The 10 biggest holdings make up 28.2% of the fund — the rest is spread across roughly 54 more companies.

Top 10 holdings

#CompanyWeight
1STATE STREET INSTL US GOV CL G4.6%
2AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST AMXCA_23-1 5.23 09/15/20284.1%
3VERUS SECURITIZATION TRUST VERUS_24-INV1 6.797 03/25/20693.1%
4PK ALIFT LOAN FUNDING LP PKAIR_26-1 5.597 09/15/20432.9%
5NAVIENT STUDENT LOAN TRUST NAVSL_21-EA 0.97 12/16/20692.8%
6GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST GMCAR_24-1 4.86 06/18/20292.5%
7PAGAYA AI DEBT SELECTION TRUST PAID_25-R2 4.865 10/15/20322.1%
8AQUA FINANCE TRUST AQFIT_26-A 6.28 04/17/20512.1%
9BA CREDIT CARD TRUST 4.93 05/15/20292.1%
10TOYOTA AUTO RECEIVABLES OWNER TRUST TAOT_24-A 4.77 04/16/20292.1%

Where to buy this fund

Set from your language & location — change it if it's wrong.

Where it trades

ExchangeTickerCurrency
NYSEPRABUSD★ Primary
USD listings
NYSE ArcaPRABUSD
OCPRABUSD
ODPRABUSD
UAPRABUSD
UBPRABUSD
UCPRABUSD
UDPRABUSD
UFPRABUSD
UMPRABUSD
USPRABUSD
UTPRABUSD
UXPRABUSD
VFPRABUSD
VGPRABUSD
VJPRABUSD
VKPRABUSD
VLPRABUSD
VPPRABUSD
VYPRABUSD
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-07-24 · the fund's own published holdings.

#CompanyWeight
1STATE STREET INSTL US GOV CL G4.6%
2AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST AMXCA_23-1 5.23 09/15/20284.1%
3VERUS SECURITIZATION TRUST VERUS_24-INV1 6.797 03/25/20693.1%
4PK ALIFT LOAN FUNDING LP PKAIR_26-1 5.597 09/15/20432.9%
5NAVIENT STUDENT LOAN TRUST NAVSL_21-EA 0.97 12/16/20692.8%
6GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST GMCAR_24-1 4.86 06/18/20292.5%
7PAGAYA AI DEBT SELECTION TRUST PAID_25-R2 4.865 10/15/20322.1%
8AQUA FINANCE TRUST AQFIT_26-A 6.28 04/17/20512.1%
9BA CREDIT CARD TRUST 4.93 05/15/20292.1%
10TOYOTA AUTO RECEIVABLES OWNER TRUST TAOT_24-A 4.77 04/16/20292.1%
11ZAYO ISSUER LLC ZAYO_25-1 5.648 03/20/20552.1%
12FORD CREDIT AUTO OWNER TRUST FORDO_23-A 5.07 01/15/20292.0%
13PFP LTD PFP_25-12 5.12638 12/18/20422.0%
14MF1 MULTIFAMILY HOUSING MORTGAGE LOAN TRUST MF1_25-FL19 5.12528 05/19/20422.0%
15ACRES_25-FL3 6.67818 08/18/20402.0%
16OAKTREE ABF EQUIPMENT ST LLC OAKEF_26-1 4.5 10/17/20332.0%
17ASCENT EDUCATION FUNDING TRUST ASCNT_24-A 8.01 10/25/20502.0%
18PAGAYA AI DEBT GRANTOR TRUST PAID_26-R2 6.216 02/15/20342.0%
19GM FINANCIAL AUTOMOBILE LEASING TRUST GMALT_24-3 4.22 10/20/20282.0%
20PRKCM TRUST PRKCM_26-AFC3 6.126 05/01/20612.0%
21BHG SECURITIZATION TRUST BHG_22-A 4.3 02/20/20352.0%
22RCKT MORTGAGE TRUST RCKT_25-CES8 5.64945 08/25/20552.0%
23RCKT MORTGAGE TRUST RCKT_25-CES7 6.174 07/25/20552.0%
24ISKANDAR ENTERPRISE LLC CLDHQ_26-1 5.049 04/17/20562.0%
25A&D MORTGAGE TRUST 2026-NQM1 ADMT_26-NQM1 4.912 02/25/20711.9%
26FORD CREDIT AUTO OWNER TRUST FORDO_23-B 5.06 02/15/20291.8%
27PRP ADVISORS LLC PRPM_25-NQM6 4.986 12/25/20701.8%
28HOMES TRUST HOMES_25-AFC4 5.149 11/25/20601.8%
29CROSS MORTGAGE TRUST CROSS_25-H7 4.934 09/25/20701.8%
30MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST MSRM_25-NQM7 4.984 09/25/20701.7%
31COLT MORTGAGE LOAN TRUST COLT_25-8 5.48 08/25/20701.7%
32GCAT TRUST GCAT_25-NQM5 4.981 08/25/20701.7%
33CROSS MORTGAGE TRUST CROSS_25-H6 5.181 07/25/20701.6%
34BANK OF AMERICA CREDIT CARD TRUST BACCT_23-A2 4.98 11/15/20281.6%
35VERUS SECURITIZATION TRUST VERUS_25-6 5.417 07/25/20701.6%
36JP MORGAN MORTGAGE TRUST JPMMT_25-NQM2 5.567 09/25/20651.5%
37ONSLOW BAY FINANCIAL LLC OBX_25-NQM2 5.952 11/25/20641.3%
38BMW VEHICLE OWNER TRUST BMWOT_24-A 5.18 02/26/20291.3%
39MF1 MULTIFAMILY HOUSING MORTGAGE LOAN TRUST MF1_24-FL15 6.57718 08/19/20411.2%
40BMW VEHICLE LEASE TRUST BMWLT_24-2 4.18 10/25/20271.2%
41SPUR RAIL I LLC SPUR_26-1 5.61 04/17/20561.1%
42OCTAGON 75 LTD OCT75_25-1 4.86364 01/22/20381.0%
43BENEFIT STREET PARTNERS CLO XXIX LTD BSP_22-29AR 4.84659 01/25/20381.0%
44DRYDEN SENIOR LOAN FUND DRSLF_21-90A 4.90107 11/15/20381.0%
45RESEARCH-DRIVEN PAGAYA MOTOR ASSET TRUST RPM_26-R1 6.211 07/25/20341.0%
46INCREF_26-FL2 5.12 12/19/20431.0%
47FORA FINANCIAL ASSET SECURITIZATION LLC FORA_26-1A 5.85 06/15/20321.0%
48GREENSKY HOME IMPROVEMENT ISSUER TRUST GSKY_26-REV1 4.93 05/15/20411.0%
49BSPDF 2026-FL4 ISSUER LTD BSPDF_26-FL4 5.48718 11/18/20431.0%
50TOYOTA LEASE OWNER TRUST TLOT_24-B 4.25 01/22/20291.0%
51DWIGHT ISSUER LLC DWIGHT_26-FL2 5 01/18/20441.0%
52BDS LTD BDS_26-FL17 5.43903 05/19/20431.0%
53ROCKET LOANS RKTL_26-2 5.45 05/25/20351.0%
54PAGAYA AI DEBT GRANTOR TRUST PAID_26-1 5.37 09/15/20331.0%
55SUNRUN CALLISTO ISSUER LLC SUNRN_26-1A 6.3 08/01/20611.0%
56VERUS SECURITIZATION TRUST VERUS_26-4 5.87 04/25/20711.0%
57DB MASTER FINANCE LLC DNKN_19-1A 4.352 05/20/20490.9%
58PK ALIFT LOAN FUNDING PKAIR_25-2 5.342 03/15/20430.9%
59DB MASTER FINANCE LLC DNKN_17-1A 4.03 11/20/20470.9%
60DWIGHT ISSUER LLC DWIGHT_26-FL2 5.6 01/18/20440.8%
61COLT FUNDING LLC COLT_24-4 6.303 07/25/20690.6%
62D2_26-FL1 5.53903 11/19/20430.4%
63US 2YR NOTE SEP 260.0%
64USD CASH-3.1%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 6% of similar ETFs

Versus the Equity (stocks) · United States · USD ETFs we track.

Advanced risk

1.5%
Downside deviation ?
25%
Up months (hit rate) ?
$25.12
52-week high ?
$24.91
52-week low ?

Concentration depth

~52 ?
Effective number of holdings

Roughly 64 companies are held, but the largest names carry most of the weight — so it behaves like ~52 equal-sized positions.

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 United States stocks
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Index trackedICE BofA US Fixed Rate Asset Backed Securities IndexS&P 500 IndexS&P 500S&P 500S&P 500 IndexS&P 500
Yearly fee (TER)0.39%0.09%0.10%0.10%0.02%0.07%0.06%
All-in cost0.00%0.00%0.10%0.00%0.00%0.07%0.00%
Fund size€21.8M€689.6B€180.6B€154.3B€139.9B€134B€88.6B
DomicileUnited StatesUnited StatesIrelandIrelandUnited StatesIrelandUnited States
ReplicationPhysical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)
3-yr return p.a.+18.3%+17.5%+18.3%+19.4%+10.2%
5-yr return p.a.+11.5%+10.2%+11.5%+12.8%+5.5%
# holdings64505511511508511103

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Data as of 2026-07-24 · Source: issuer data, compiled by Finance Hamster

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