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DASHBOARDS: Portfolio Hub Market Pulse Performance Compare Studio

SPTL

SPDR Portfolio Long Term Treasury ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-09-04
Executive Summary
The quantitative backtest for SPTL (SPDR Portfolio Long Term Treasury ETF) using the Excess Return MMA* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -19.7% (compared to the benchmark's drawdown of -46.2%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 1.9%, compared to a Buy-and-Hold benchmark return of 2.4%. The strategy executed 83 total trades.

* Excess Return MMA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility.

🛡️ SPTL Drawdown Shield & Downside Protection

Why Drawdown Dictates Longevity →
Peak Drawdown Defense
-19.7% (vs -46.2% B&H)
+26.5% shallower drawdown
Drawdown Shield
26.5% Cut
Protected capital vs -46.2% B&H
Capital Sheltered from Risk
48.0% of Time
Earning Treasury yield during downturns
* Drawdown Shield demonstrates how systematic trend-following bounded historical drawdowns and protected principal capital compared to passive Buy & Hold.

📊 SPTL Quality Metrics & KPI Summary

Metric 1Y5Y10YFull
StrategyB&HStrategyB&HStrategyB&HStrategyB&H
Max Drawdown-3.46%-7.38%-6.49%-41.02%-19.71%-46.20%-19.71%-46.20%
Sharpe Ratio-0.10-0.090.19-0.480.05-0.130.220.18
Sortino Ratio-0.15-0.150.22-0.760.05-0.200.260.26
CAGR-0.44%-0.80%0.82%-6.68%0.36%-1.82%1.90%2.40%
% Time Invested46.8%100.0%24.5%100.0%41.2%100.0%52.0%100.0%
Trades / Year2.00.03.00.04.50.04.80.0

Cumulative Growth Performance

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Hydrating Performance Trajectory... Loading historical performance data
Figure 1: Cumulative Trajectory Analysis. Logarithmic growth comparison of SPTL under the Excess Return MMA strategy (Investing) versus Buy & Hold. The strategy produced a 1.9% CAGR with a -19.7% Max Drawdown across 83 trade signals (compared to Buy & Hold's 2.4% CAGR and -46.2% Max Drawdown).

Return Distribution Analysis

Histogram of monthly return distribution for SPTL under Excess Return MMA strategy in Investing context, illustrating downside risk mitigation and return skewness.
Figure 2: Monthly Return Distribution Profile. Monthly return distribution for SPTL under Excess Return MMA (Investing). Visualizes return frequency, volatility clustering, and tail-risk truncation relative to standard buy-and-hold returns.
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Top 5 non-correlated asset sleeves evaluated on 1Y daily percentage returns (Pearson r). Compare them side-by-side in Compare Studio to analyze portfolio diversification.

Diversifier Asset Category 1Y Correlation (r) Action
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Trade History

This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open or Mark-to-Market exit denotes an active position (either in the primary asset or a cash/yield sleeve) valued at the current price for reporting purposes. Interest entries record yield accrued from cash or cash alternatives (like BIL) during out-of-market defensive periods.

Entry DateExit DateTypeAllocationEntry PriceExit PriceNet Return %Exit Reason
🔒 Active Positions & Recent Execution Signals Hidden
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2026-02-09 2026-06-01 Interest (CASH) 33.33% $1.00 $1.01 1.12% Interest Income
2024-10-22 2026-06-01 Interest (CASH) 33.33% $1.00 $1.07 6.63% Interest Income
2025-11-14 2026-05-18 Completed 33.33% $26.15 $25.10 -4.05% Signal
2025-09-24 2026-02-09 Completed 33.33% $25.77 $25.83 0.16% Signal
2025-02-19 2025-11-14 Interest (CASH) 33.33% $1.00 $1.03 3.14% Interest Income
2025-06-02 2025-09-24 Interest (CASH) 33.33% $1.00 $1.01 1.33% Interest Income
2025-05-09 2025-06-02 Completed 33.33% $24.76 $24.43 -1.38% Signal
2024-12-13 2025-05-09 Interest (CASH) 33.33% $1.00 $1.02 1.68% Interest Income
2025-02-03 2025-02-19 Completed 33.33% $24.84 $24.68 -0.69% Signal
2025-01-08 2025-02-03 Interest (CASH) 33.33% $1.00 $1.00 0.27% Interest Income
2024-11-06 2025-01-08 Completed 33.33% $24.75 $23.94 -3.32% Stop
2024-11-06 2024-12-13 Completed 33.33% $24.75 $25.17 1.65% Signal
2024-10-15 2024-11-06 Interest (CASH) 33.33% $1.00 $1.00 0.29% Interest Income
2024-10-15 2024-11-06 Interest (CASH) 33.33% $1.00 $1.00 0.29% Interest Income
2024-08-05 2024-10-22 Completed 33.33% $27.04 $25.48 -5.82% Stop
2024-08-22 2024-10-15 Completed 33.33% $26.65 $25.93 -2.72% Stop
2024-08-05 2024-10-15 Completed 33.33% $27.04 $25.93 -4.14% Stop
2024-07-31 2024-08-22 Interest (CASH) 33.33% $1.00 $1.00 0.33% Interest Income
2024-05-08 2024-08-05 Interest (CASH) 33.33% $1.00 $1.01 1.27% Interest Income
2021-08-19 2024-08-05 Interest (CASH) 33.33% $1.00 $1.11 10.85% Interest Income
2024-05-17 2024-07-31 Completed 33.33% $24.70 $25.64 3.75% Signal
2022-03-16 2024-05-17 Interest (CASH) 33.33% $1.00 $1.10 9.54% Interest Income
2024-05-03 2024-05-08 Completed 33.33% $24.28 $24.36 0.29% Signal
2024-04-11 2024-05-03 Interest (CASH) 33.33% $1.00 $1.00 0.34% Interest Income
2024-01-26 2024-04-11 Completed 33.33% $24.91 $24.25 -2.69% Stop
2023-05-23 2024-01-26 Interest (CASH) 33.33% $1.00 $1.04 3.68% Interest Income
2023-02-15 2023-05-23 Completed 33.33% $26.21 $25.74 -1.83% Signal
2021-12-27 2023-02-15 Interest (CASH) 33.33% $1.00 $1.03 2.64% Interest Income
2022-02-01 2022-03-16 Completed 33.33% $34.45 $32.15 -6.72% Stop
2022-01-07 2022-02-01 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2021-10-26 2022-01-07 Completed 33.33% $34.90 $34.64 -0.79% Stop
2021-07-23 2021-12-27 Completed 33.33% $35.58 $35.87 0.78% Signal
2021-01-20 2021-10-26 Interest (CASH) 33.33% $1.00 $1.00 0.03% Interest Income
2021-03-02 2021-08-19 Completed 33.33% $33.70 $36.18 7.32% Signal
2020-10-22 2021-07-23 Interest (CASH) 33.33% $1.00 $1.00 0.04% Interest Income
2021-02-05 2021-03-02 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2020-11-13 2021-02-05 Completed 33.33% $37.70 $35.68 -5.41% Stop
2020-11-13 2021-01-20 Completed 33.33% $37.70 $36.31 -3.72% Signal
2020-10-22 2020-11-13 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2020-10-22 2020-11-13 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2020-06-29 2020-10-22 Completed 33.33% $39.03 $37.67 -3.51% Stop
2020-06-29 2020-10-22 Completed 33.33% $39.03 $37.67 -3.51% Stop
2020-06-29 2020-10-22 Completed 33.33% $39.03 $37.67 -3.51% Stop
2020-06-05 2020-06-29 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2020-06-05 2020-06-29 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2020-06-05 2020-06-29 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2020-04-03 2020-06-05 Completed 33.33% $39.66 $36.69 -7.55% Stop
2020-04-03 2020-06-05 Completed 33.33% $39.66 $36.69 -7.55% Stop
2020-04-03 2020-06-05 Completed 33.33% $39.66 $36.69 -7.55% Stop
2020-03-12 2020-04-03 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2020-03-12 2020-04-03 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2020-03-12 2020-04-03 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2020-02-27 2020-03-12 Completed 33.33% $35.95 $38.28 6.42% Stop
2019-12-03 2020-03-12 Completed 33.33% $32.90 $38.28 16.30% Stop
2019-12-03 2020-03-12 Completed 33.33% $32.90 $38.28 16.30% Stop
2020-01-14 2020-02-27 Interest (CASH) 33.33% $1.00 $1.00 0.18% Interest Income
2019-12-03 2020-01-14 Completed 33.33% $32.90 $32.56 -1.08% Signal
2019-11-08 2019-12-03 Interest (CASH) 33.33% $1.00 $1.00 0.10% Interest Income
2019-11-08 2019-12-03 Interest (CASH) 33.33% $1.00 $1.00 0.10% Interest Income
2019-11-08 2019-12-03 Interest (CASH) 33.33% $1.00 $1.00 0.10% Interest Income
2019-10-08 2019-11-08 Completed 33.33% $34.14 $31.73 -7.11% Stop
2019-10-08 2019-11-08 Completed 33.33% $34.14 $31.73 -7.11% Stop
2019-10-08 2019-11-08 Completed 33.33% $34.14 $31.73 -7.11% Stop
2019-09-16 2019-10-08 Interest (CASH) 33.33% $1.00 $1.00 0.12% Interest Income
2019-09-16 2019-10-08 Interest (CASH) 33.33% $1.00 $1.00 0.12% Interest Income
2019-09-16 2019-10-08 Interest (CASH) 33.33% $1.00 $1.00 0.12% Interest Income
2018-12-11 2019-09-16 Completed 33.33% $27.38 $32.22 17.60% Stop
2018-12-11 2019-09-16 Completed 33.33% $27.38 $32.22 17.60% Stop
2018-12-11 2019-09-16 Completed 33.33% $27.38 $32.22 17.60% Stop
2018-10-08 2018-12-11 Interest (CASH) 33.33% $1.00 $1.00 0.41% Interest Income
2018-03-12 2018-12-11 Interest (CASH) 33.33% $1.00 $1.02 1.54% Interest Income
2018-02-08 2018-12-11 Interest (CASH) 33.33% $1.00 $1.02 1.68% Interest Income
2018-07-30 2018-10-08 Completed 33.33% $27.01 $25.89 -4.19% Stop
2018-01-31 2018-07-30 Interest (CASH) 33.33% $1.00 $1.01 0.89% Interest Income
2018-03-01 2018-03-12 Completed 33.33% $26.68 $26.62 -0.28% Signal
2018-02-06 2018-03-01 Interest (CASH) 33.33% $1.00 $1.00 0.10% Interest Income
2017-11-07 2018-02-08 Completed 33.33% $28.19 $26.54 -5.89% Stop
2017-06-05 2018-02-06 Completed 33.33% $27.64 $27.10 -2.02% Stop
2017-05-11 2018-01-31 Completed 33.33% $26.52 $27.55 3.82% Signal
2017-07-21 2017-11-07 Interest (CASH) 33.33% $1.00 $1.00 0.32% Interest Income
2016-12-08 2017-07-21 Completed 33.33% $26.07 $27.85 6.81% Signal
2017-01-12 2017-06-05 Interest (CASH) 33.33% $1.00 $1.00 0.28% Interest Income
2016-11-15 2017-05-11 Interest (CASH) 33.33% $1.00 $1.00 0.30% Interest Income
2016-12-08 2017-01-12 Completed 33.33% $26.07 $26.87 3.03% Signal
2016-11-15 2016-12-08 Interest (CASH) 33.33% $1.00 $1.00 0.03% Interest Income
2016-11-15 2016-12-08 Interest (CASH) 33.33% $1.00 $1.00 0.03% Interest Income
2016-11-04 2016-11-15 Completed 33.33% $28.55 $26.65 -6.69% Stop
2016-11-04 2016-11-15 Completed 33.33% $28.55 $26.65 -6.69% Stop
2016-11-04 2016-11-15 Completed 33.33% $28.55 $26.65 -6.69% Stop
2016-10-13 2016-11-04 Interest (CASH) 33.33% $1.00 $1.00 0.02% Interest Income
2016-10-13 2016-11-04 Interest (CASH) 33.33% $1.00 $1.00 0.02% Interest Income
2016-10-13 2016-11-04 Interest (CASH) 33.33% $1.00 $1.00 0.02% Interest Income
2016-01-13 2016-10-13 Completed 33.33% $26.44 $28.98 9.56% Stop
2015-10-06 2016-10-13 Completed 33.33% $26.13 $28.98 10.85% Stop
2015-05-29 2016-10-13 Completed 33.33% $25.85 $28.98 12.04% Stop
2015-09-04 2016-01-13 Interest (CASH) 33.33% $1.00 $1.00 0.04% Interest Income
2015-06-04 2015-10-06 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2015-05-29 2015-09-04 Completed 33.33% $25.85 $26.02 0.59% Signal
2015-05-29 2015-06-04 Completed 33.33% $25.85 $24.97 -3.45% Signal
2015-05-06 2015-05-29 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2015-05-06 2015-05-29 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2015-05-06 2015-05-29 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2015-03-12 2015-05-06 Completed 33.33% $26.76 $25.65 -4.20% Stop
2015-03-12 2015-05-06 Completed 33.33% $26.76 $25.65 -4.20% Stop
2015-03-12 2015-05-06 Completed 33.33% $26.76 $25.65 -4.20% Stop
2015-02-18 2015-03-12 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2015-02-18 2015-03-12 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2015-02-18 2015-03-12 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2014-10-17 2015-02-18 Completed 33.33% $25.16 $26.37 4.77% Stop
2014-04-25 2015-02-18 Completed 33.33% $22.99 $26.37 14.65% Stop
2014-02-14 2015-02-18 Completed 33.33% $21.97 $26.37 19.97% Stop
2013-09-12 2014-10-17 Interest (CASH) 33.33% $1.00 $1.00 0.04% Interest Income
2013-03-06 2014-04-25 Interest (CASH) 33.33% $1.00 $1.00 0.06% Interest Income
2013-07-09 2014-02-14 Interest (CASH) 33.33% $1.00 $1.00 0.03% Interest Income
2013-06-20 2013-09-12 Completed 33.33% $22.25 $21.15 -4.96% Signal
2013-06-14 2013-07-09 Completed 33.33% $22.91 $21.69 -5.39% Signal
2013-05-29 2013-06-20 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2012-11-07 2013-06-14 Interest (CASH) 33.33% $1.00 $1.00 0.04% Interest Income
2013-02-25 2013-05-29 Completed 33.33% $23.13 $23.00 -0.62% Stop
2013-02-25 2013-03-06 Completed 33.33% $23.13 $23.30 0.66% Signal
2013-01-31 2013-02-25 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2013-01-31 2013-02-25 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2012-09-11 2013-01-31 Completed 33.33% $24.27 $23.16 -4.61% Stop
2012-09-11 2013-01-31 Completed 33.33% $24.27 $23.16 -4.61% Stop
2012-09-11 2012-11-07 Completed 33.33% $24.27 $24.39 0.46% Signal
2012-08-17 2012-09-11 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2012-08-17 2012-09-11 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2012-08-17 2012-09-11 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2012-06-04 2012-08-17 Completed 33.33% $25.03 $23.75 -5.17% Stop
2012-04-09 2012-08-17 Completed 33.33% $22.56 $23.75 5.22% Stop
2012-04-09 2012-08-17 Completed 33.33% $22.56 $23.75 5.22% Stop
2012-03-15 2012-06-04 Interest (CASH) 33.33% $1.00 $1.00 0.02% Interest Income
2012-03-15 2012-04-09 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2012-03-15 2012-04-09 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2011-11-04 2012-03-15 Completed 33.33% $22.41 $21.69 -3.23% Stop
2011-11-04 2012-03-15 Completed 33.33% $22.41 $21.69 -3.23% Stop
2011-11-04 2012-03-15 Completed 33.33% $22.41 $21.69 -3.23% Stop
2011-10-13 2011-11-04 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2011-10-13 2011-11-04 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2011-10-13 2011-11-04 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2011-08-08 2011-10-13 Completed 33.33% $20.11 $22.04 9.56% Stop
2011-05-18 2011-10-13 Completed 33.33% $18.55 $22.04 18.77% Stop
2011-05-03 2011-10-13 Completed 33.33% $18.23 $22.04 20.87% Stop
2011-03-17 2011-08-08 Interest (CASH) 33.33% $1.00 $1.00 0.02% Interest Income
2010-12-27 2011-05-18 Interest (CASH) 33.33% $1.00 $1.00 0.04% Interest Income
2011-04-08 2011-05-03 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2010-12-03 2011-04-08 Completed 33.33% $18.25 $17.43 -4.53% Stop
2010-12-03 2011-03-17 Completed 33.33% $18.25 $17.97 -1.56% Signal
2010-12-03 2010-12-27 Completed 33.33% $18.25 $17.72 -2.94% Signal
2010-11-10 2010-12-03 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2010-11-10 2010-12-03 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2010-11-10 2010-12-03 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2010-06-11 2010-11-10 Completed 33.33% $17.92 $18.44 2.83% Stop
2010-05-19 2010-11-10 Completed 33.33% $17.76 $18.44 3.78% Stop
2010-02-02 2010-11-10 Completed 33.33% $16.77 $18.44 9.89% Stop
2010-05-14 2010-06-11 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2010-01-08 2010-05-19 Interest (CASH) 33.33% $1.00 $1.00 0.05% Interest Income
2010-01-25 2010-05-14 Completed 33.33% $16.81 $17.51 4.13% Signal
2010-01-08 2010-02-02 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2009-12-28 2010-01-25 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2009-06-30 2010-01-08 Completed 33.33% $16.58 $16.40 -1.12% Stop
2009-05-22 2010-01-08 Completed 33.33% $16.52 $16.40 -0.78% Stop
2009-09-30 2009-12-28 Completed 33.33% $17.39 $16.38 -5.81% Stop
2009-08-13 2009-09-30 Interest (CASH) 33.33% $1.00 $1.00 0.02% Interest Income
2009-05-22 2009-08-13 Completed 33.33% $16.52 $16.40 -0.78% Signal
2009-05-20 2009-06-30 Interest (CASH) 33.33% $1.00 $1.00 0.02% Interest Income
2009-05-20 2009-05-22 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2009-05-20 2009-05-22 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income