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SPDR FTSE International Government Inflation-Protected Bond ETF

WIPNYSE ArcaSPDRD

$37.85+0.10 (+0.27%)

At close: Nov 2, 2026, 4:00 PM ET

Intraday session: up, 79 prints from 37.75 to 37.85. Range 37.84 to 38.01. Use the arrow keys to read each point.37.8037.9037.9538.0010 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$464M
1Y total return
+3.3%
Yield · Last 12 months
6.33%
Holdings
195
Avg volume · 30D
49.4K sh
52W range
low $37.64high $41.69
Launched
Filings
SEC EDGAR

The ETF.net WIP Grade

D

Score 38 out of 100

Rank
5 of 6
Six-pillar profile for WIP. Scores out of 100: Cost 10, Risk 41, Mission 83, Tradability 13, Holdings 51, Durability 36. Strongest: Mission (83). Weakest: Cost (10). Leans toward Mission.

Score 38 of 100 falls in the D 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.
    F10 out of 100
    Rank 6 of 6
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A83 out of 100
    Rank 5 of 6
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C41 out of 100
    Rank 4 of 6
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F13 out of 100
    Rank 6 of 6
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C51 out of 100
    Rank 6 of 6
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D36 out of 100
    Rank 6 of 6

Our read on WIP

ETF.net Research

In short

DThe ex-US inflation hedge that outlasted its rivals. WIP holds inflation-linked government bonds from developed and emerging markets outside the United States, in local currency, and has done it since 2008.

Stated mandate

The fund seeks to track the FTSE International Inflation-Linked Securities Select Index, investing in inflation-linked government bonds from developed and emerging markets outside the United States.

Why people hold it

  • Fills a real gap: inflation-linked government debt issued outside the US, developed and emerging markets alike. iShares retired its versions in 2016. WIP has run since 2008.sec.gov
  • Its cohort (IGOV, BWX, ISHG, EBND) buys plain nominal government bonds. WIP buys the inflation-linked kind, where the coupon is tied to an inflation index.ssga.com
  • Spread across a couple hundred government issues, with cash paid out monthly rather than quarterly.
  • Sticks to its stated job: it follows the FTSE International Inflation-Linked Securities Select Index closely rather than freelancing around it.

Worth knowing

  • At 0.50% a year, the priciest ticket in its peer group, where 0.35% is the going rate.
  • The bonds sit in local currencies, so exchange-rate moves ride along with the inflation link, in both directions.ssga.com
  • A mid-size fund with moderate volume, so the bid-ask spread is worth checking before trading in size.

WIP Performance

Launched Mar 13, 2008

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

WIP$10,333
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. WIP $10,333. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

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.

Trailing total return for WIP. Periods over one year show the average yearly return.
PeriodWIP
Year to date+1.2%
1 month+0.2%
3 months−2.2%
1 year+3.3%
3 yearsper year+6.1%
5 yearsper year−0.7%
10 yearsper year+1.0%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for WIP
YearReturn barWIP
2026 YTD+1.2%
2025+15.2%
2024−8.7%
2023+8.8%
2022−15.6%
2021−4.1%
2020+8.4%

WIP in the news

WIP Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
6.33%Last 12 months
Payout per share
$2.40Last 12 months
Last payment
$0.24 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 45 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.26; Mar 1, 2023 $0.14; Apr 3, 2023 $0.20; May 1, 2023 $0.30; Jun 1, 2023 $0.33; Jul 3, 2023 $0.32; Aug 1, 2023 $0.13; Sep 1, 2023 $0.20; Oct 2, 2023 $0.16; Nov 1, 2023 $0.31; Dec 1, 2023 $0.22; Dec 18, 2023 $0.17; Feb 1, 2024 $0.09; Mar 1, 2024 $0.18; Apr 1, 2024 $0.14; May 1, 2024 $0.29; Jun 3, 2024 $0.29; Jul 1, 2024 $0.24; Aug 1, 2024 $0.19; Sep 3, 2024 $0.14; Oct 1, 2024 $0.15; Nov 1, 2024 $0.17; Dec 2, 2024 $0.09; Dec 19, 2024 $0.22; Feb 3, 2025 $0.08; Mar 3, 2025 $0.15; Apr 1, 2025 $0.17; May 1, 2025 $0.26; Jun 2, 2025 $0.24; Jul 1, 2025 $0.33; Aug 1, 2025 $0.15; Sep 2, 2025 $0.17; Oct 1, 2025 $0.18; Nov 3, 2025 $0.16; Dec 1, 2025 $0.10; Dec 18, 2025 $0.21; Feb 2, 2026 $0.03; Mar 2, 2026 $0.16; Apr 1, 2026 $0.14; May 1, 2026 $0.31; Jun 1, 2026 $0.39; Jul 1, 2026 $0.36; Aug 3, 2026 $0.19; Sep 1, 2026 $0.12; Oct 1, 2026 $0.24. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 5, 2026$0.22
Oct 1, 2026Oct 6, 2026$0.24
Sep 1, 2026Sep 4, 2026$0.12
Aug 3, 2026Aug 6, 2026$0.19
Jul 1, 2026Jul 7, 2026$0.36
Jun 1, 2026Jun 4, 2026$0.39
May 1, 2026May 6, 2026$0.31
Apr 1, 2026Apr 6, 2026$0.14
Mar 2, 2026Mar 5, 2026$0.16
Feb 2, 2026Feb 5, 2026$0.03
Dec 18, 2025Dec 23, 2025$0.21
Dec 1, 2025Dec 4, 2025$0.10

See all 153 payments⁠

$10,000 in WIP 10 years ago paid $3,902 in dividends.⁠

WIP Risk

How much the fund’s monthly returns vary, scaled to a year.
9.3%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.20
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−27.9%
Trough Sep 2022
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.

How strongly the fund’s returns move with its asset-class index.
1.44
vs its asset-class index
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.

WIP Cost

Overpaying vs EBND, cheapest in International Sovereign

$3,830

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • WIP 0.50%

    $9,979

  • EBND 0.30% Cheapest

    $6,149

$10,000
30 years

Cost over time

  • WIP 0.50%
  • EBND 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530WIP $9,979EBND $6,149

Year by year

YearWIPEBNDOverpaying
10$900$545$355
20$3,460$2,113$1,347
30$9,979$6,149$3,830

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