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Active ETFs: Designed to seek alpha

With active ETFs, you can seek potentially higher returns without significantly adding to your overall costs thanks to the liquidity, transparency, and trading flexibility of the ETF wrapper. Could active ETFs boost your portfolio’s performance?

Why active ETFs

Active ETF market growth

Active ETFs are growing at a rapid pace, and have had 60 consecutive months of inflows.1

Exponential Growth in the Past Decade

AUM($B)
Morningstar Categories Covered

32

62

77

105

2012

2016

2020

March 2025

Source: Morningstar, as of March 31, 2025. Calculations by SPDR Americas Research. Past performance is not a reliable indicator of future performance.

Choose when to go active

The sheer size of the fixed income market creates opportunities for active investing.

SPDR Active ETFs

Explore some of our actively managed fixed income ETFs.

Partners for success Meet the managers of SPDR Active ETFs

SPDR Active ETFs combine State Street’s 30 years of ETF experience with skilled portfolio managers who have specialized active expertise.

Blackstone

As one of the world’s largest credit-oriented managers, Blackstone has unique size, scale, and insights as they invest across the entire corporate credit markets, both public and private.

ETFs Managed: 

  • SPDR® Blackstone Senior Loan ETF (SRLN)
  • SPDR® Blackstone High Income ETF (HYBL)

Bridgewater Associates

Founded in 1975, Bridgewater is a premier asset management firm with deep expertise in portfolio construction and risk management. Bridgewater develops insights and designs strategies to deliver value through any economic environment.

ETF Managed: 

  • SPDR® Bridgewater® All Weather® ETF (ALLW)

DoubleLine Capital

DoubleLine was founded with the mandate of delivering better risk-adjusted returns. They do this by combining top-down and bottom-up investment processes with a disciplined approach to risk management.

ETFs Managed: 

  • SPDR® DoubleLine® Total Return Tactical ETF (TOTL)
  • SPDR® DoubleLine® Short Duration Total Return Tactical ETF (STOT)
  • SPDR® DoubleLine® Emerging Markets Fixed Income ETF (EMTL)

Galaxy Asset Management

Galaxy is one of the world’s largest digital assets and blockchain investment managers, delivering institutional-grade access to the digital assets ecosystem.

ETFs Managed: 

  • SPDR® Galaxy Hedged Digital Asset Ecosystem ETF (HECO)
  • SPDR® Galaxy Digital Asset Ecosystem ETF (DECO)
  • SPDR® Galaxy Transformative Tech Accelerators ETF (TEKX)

Loomis Sayles

Loomis Sayles combines top-down credit cycle views with fundamental research to create a mix of credit-focused asset classes and sectors. They take a tactical approach to asset allocation while also focusing on risk management.

ETF Managed: 

  • SPDR® Loomis Sayles Opportunistic Bond ETF (OBND)

Nuveen Asset Management

Municipal bonds may enhance after-tax returns due to their preferential tax treatment. Nuveen has 125 years of experience identifying opportunities and mitigating risks in municipal bond investing.2

ETFs Managed: 

  • SPDR® Nuveen Municipal Bond ETF (MBND)
  • SPDR® Nuveen Municipal Bond ESG ETF (MBNE)

State Street Investment Management

By working with experts on our institutional investment teams, we bring institutional strategies to easy-to-access ETFs.

ETFs Managed: 

  • SPDR® SSGA IG Public & Private Credit ETF (PRIV)
  • SPDR® SSGA Fixed Income Sector Rotation ETF (FISR)
  • SPDR® SSGA Global Allocation ETF (GAL)
  • SPDR® SSGA Ultra Short Term Bond ETF (ULST)
  • SPDR® SSGA Income Allocation ETF (INKM)
  • SPDR® SSGA MyIncome Active Target Maturity ETFs
  • SPDR® SSGA Multi-Asset Real Return ETF (RLY)
  • SPDR® SSGA US Equity Premium Income ETF (SPIN)
  • SPDR® SSGA US Sector Rotation ETF (XLSR)
  • The Communication Services Select Sector SPDR® Premium Income Fund (XLCI)
  • The Consumer Discretionary Select Sector SPDR® Premium Income Fund (XLYI
  • The Consumer Staples Select Sector SPDR® Premium Income Fund (XLSI
  • The Energy Select Sector SPDR® Premium Income Fund (XLEI)
  • The Financial Select Sector SPDR® Premium Income Fund (XLFI)
  • The Health Care Select Sector SPDR® Premium Income Fund (XLVI)
  • The Industrial Select Sector SPDR® Premium Income Fund (XLII)
  • The Materials Select Sector SPDR® Premium Income Fund (XLBI)
  • The Real Estate Select Sector SPDR® Premium Income Fund (XLRI)
  • The Technology Select Sector SPDR® Premium Income Fund (XLKI)
  • The Utilities Select Sector SPDR® Premium Income Fund (XLUI)

Active ETFs: Managing risk, volatility, and outcomes

Frequently asked questions

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