FPAS vs SPTS
FPA Short Duration Government ETF compared with State Street SPDR Portfolio Short Term Treasury ETF on yield, payout growth, payment schedule, cost and risk.
FPAS
FPA Short Duration Government ETF
TTM yield · Monthly
SPTS
State Street SPDR Portfolio Short Term Treasury ETF
TTM yield · Monthly
Quick take
- FPAS yields more today: 4.87% vs 3.86% (forward).
- Both pay every month.
- Over the last year SPTS delivered the higher total return: +2.1% vs +0.2% (price change plus payouts).
- SPTS is cheaper to own: 0.03% vs 0.10% expense ratio.
- SPTS has the steadier distribution: consistency 95/100 vs 69/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FPAS | SPTS |
|---|---|---|
| Share price | $24.35 | $28.83 |
| TTM yield | 4.87% | 3.86% |
| Forward yield | 4.87% | 3.86% |
| Annual payout per share | $1.186 | $1.113 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Sep 12, 2026 (est.) | Oct 1, 2026 (est.) |
| Expense ratio | 0.10% | 0.03% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 69/100 | 95/100 |
| 1-year total return | +0.2% | +2.1% |
| 1-year price return | -4.5% | -1.7% |
| Size (market cap / AUM) | 13.4M | 7.3B |
| Years paying | 1.8 | 14.7 |
| Sector / category | Short Government | Short Government |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| FPAS | SPTS | |
|---|---|---|
| Shares | 410.6 | 346.9 |
| Income per year | $487 | $386 |
| Income per month (avg) | $41 | $32 |
At forward yields, before taxes. Model FPAS · Model SPTS
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| FPAS Sep 12, 2026 | Sep 26, 2026 | $0.0988 | Est. |
| FPAS Oct 12, 2026 | Oct 26, 2026 | $0.0988 | Est. |
| FPAS Nov 11, 2026 | Nov 25, 2026 | $0.0988 | Est. |
| SPTS Oct 1, 2026 | Oct 15, 2026 | $0.0927 | Est. |
| SPTS Oct 31, 2026 | Nov 14, 2026 | $0.0927 | Est. |
| SPTS Nov 30, 2026 | Dec 14, 2026 | $0.0927 | Est. |
Annual payouts per share
FPASSPTS
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, FPAS or SPTS?
FPAS currently has the higher trailing yield: FPAS yields 4.87% and SPTS yields 3.86%. Yield changes daily with price, so check the live figures above.
How often do FPAS and SPTS pay?
FPAS pays every month and SPTS pays every month. FPAS's next ex-date is Sep 12, 2026 and SPTS's is Oct 1, 2026.
Is FPAS or SPTS better for income?
It depends on what you are optimising for. FPAS and SPTS differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.