State Street SPDR Portfolio TIPS ETF
$24.83−0.05 (−0.20%)
- 0.12%
- $1.07B
- −0.1%
- 5.40%
- 487K sh
- low $24.28high $26.45
The ETF.net SPIP Grade
B
Score 68 out of 100
- 6 of 41
Score 68 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C43 out of 100Rank 23 of 41Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 33Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D31 out of 100Rank 33 of 41Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A83 out of 100Rank 4 of 41Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A93 out of 100Rank 1 of 41Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A78 out of 100Rank 7 of 41
Our read on SPIP
In short
BSPIP owns the whole U.S. TIPS curve in one wrapper: government bonds built to move with inflation, roughly 60 of them, for 0.12% a year. A 2007-vintage, no-gimmick way to rent the real-yield side of Treasuries.
Stated mandate
The fund seeks to track the price and yield performance of the Bloomberg U.S. Government Inflation-Linked Bond Index before fees and expenses, providing exposure to U.S. Treasury inflation-protected securities.
Why people hold it
Worth knowing
SPIP Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SPIP$9,985
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SPIP |
|---|---|
| Year to date | +0.4% |
| 1 month | +2.6% |
| 3 months | 0.0% |
| 1 year | −0.1% |
| 3 years | +4.7% |
| 5 years | 0.0% |
| 10 years | +2.2% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SPIP |
|---|---|---|
| 2026 YTD | +0.4% | |
| 2025 | +6.8% | |
| 2024 | +2.3% | |
| 2023 | +3.0% | |
| 2022 | −12.8% | |
| 2021 | +5.8% | |
| 2020 | +11.4% |
SPIP in the news
SPIP Dividends
- 5.40%
- $1.35
- $0.02 per share
- Irregular
SPIP Risk
- 4.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.06
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −15.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.73
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
SPIP Cost
Overpaying vs VTIP, tied cheapest in TIPS
$1,882
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
SPIP 0.12%
$2,520
VTIP 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | SPIP | VTIP | Overpaying |
|---|---|---|---|
| 10 | $220 | $55 | $165 |
| 20 | $859 | $216 | $643 |
| 30 | $2,520 | $638 | $1,882 |
Other funds in TIPS
- APBTPInvesco 0-5 Yr US TIPS ETFExpense ratio 0.07%1 year return +2.7%
- AVTIPVanguard Short-Term Inflation-Protected Securities ETFExpense ratio 0.03%1 year return +2.7%
- BTIPBNorthern Trust 2035 Inflation-Linked Distributing Ladder ETFExpense ratio 0.10%1 year return +1.3%
- BTIPXState Street SPDR Bloomberg 1-10 Year TIPS ETFExpense ratio 0.15%1 year return +1.2%
- BTIPiShares TIPS Bond ETFExpense ratio 0.18%1 year return 0.0%
