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State Street® SPDR® Portfolio TIPS ETF

SPDR · US78464A6560

State Street® SPDR® Portfolio TIPS ETF is an exchange-traded fund (ETF) from SPDR, traded under the ticker SPIP (ISIN US78464A6560). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. In plain terms it is about lending to governments and companies in return for regular interest, which tends to…

· Tracks the Bloomberg U.S. Government Inflation-Linked Bond Index index ?

Bond ?Unknown Physical ?United States ?

Low yearly feeOwns the shares directlyUnited States

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SPDR funds Domiciled in United States Unknown Physically replicated United States bonds Yearly fee under 0.25%

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Fund size (AUM) ?

€880.7M

1-year return ?

-3.7%

Price Return · to 2026-08-21

Yearly fee (TER) ?

0.12%

All-in cost ≈ 0.00%

About this fund

What you own

The Bloomberg U.S. Government Inflation-Linked Bond Index index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 50 companies across United States in a single purchase.

How it works

The fund actually buys every share in the index it tracks (full replication).

Owning every holding keeps things transparent — what is in the index is what the fund actually owns. It can be a touch costlier to run for indexes with thousands of tiny positions, since the fund has to buy and maintain them all. There is no swap bank involved, so there is no extra “what if the partner fails” question to weigh.

Cost

0.12%Yearly fee (TER)

0.00%All-in cost

The yearly running cost of the fund, shown as a % of your money. Lower is cheaper.

For example, a 0.20% fee works out at €0.20 a year for every €100 invested — that’s a generic illustration of the mechanic, not this fund’s own fee. It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Index tracked ?

Bloomberg U.S. Government Inflation-Linked Bond Index

Replication ?

Physical

Full — buys every share

Launched

May 2007

19-year track record

Bond details

Credit quality ?

Investment Grade

Inflation-linked ?

Yes — TIPS / linker

Performance

Growth of $100 invested — both lines start at $100.

State Street® SPDR® Portfolio TIPS ETF Average Bloomberg U.S. Government Inflation-Linked Bond Index ETF (funds we track) ?

Compared with the average fund tracking the same index — our own data, not the licensed index itself.

YTD-3.3%

1 year-3.7%

3 years-0.1%

5 years-4.4%

Return, year by year

-18.2

-0.7

-1.0

+2.5

'22'23'24'25

1 of 4 up yearsBest: 2025 +2.5%Worst: 2022 -18.2%Calendar-year total returns, in USD

How bumpy has it been?

4.1%

Volatility (1y) ?

How much the price swings year to year — lower is calmer.

-5.8%

Worst drop (3y) ?

The biggest fall from a peak over the last three years.

-0.01

Return for the risk (3y) ?

Reward earned per unit of bumpiness.

The bigger picture

-19.0%

Since inception

Total growth since launch — about -4.0% a year.

+7.6%

Best 12 months

The strongest one-year stretch on record.

-20.3%

Worst 12 months

The weakest one-year stretch on record.

-23.5%

Worst fall on record ?

It has not fully recovered yet.

What's inside

The 10 biggest holdings make up 32.1% of the fund — the rest is spread across roughly 40 more companies.

Top 10 holdings

#	Company	Weight
1	TSY INFL IX N/B 01/35 2.125	3.5%
2	TSY INFL IX N/B 07/34 1.875	3.4%
3	TSY INFL IX N/B 01/32 0.125	3.3%
4	TSY INFL IX N/B 07/35 1.875	3.2%
5	TSY INFL IX N/B 01/34 1.75	3.2%
6	TSY INFL IX N/B 01/36 1.875	3.2%
7	TSY INFL IX N/B 07/31 0.125	3.2%
8	TSY INFL IX N/B 01/28 0.5	3.1%
9	TSY INFL IX N/B 01/31 0.125	3.1%
10	TSY INFL IX N/B 07/30 0.125	3.0%

Where to buy this fund

Where you live:

Set from your language & location — change it if it's wrong.

Where it trades

Exchange	Ticker	Currency
NYSE	SPIP	USD	★ Primary
USD listings
E1	IPEUSD	USD
EP	IPEUSD	USD
EU	IPEUSD	USD
EZ	IPEUSD	USD
MF	SPIP*	USD
MM	SPIP*	USD
MU	SPIP*	USD
NYSE Arca	SPIP	USD
OC	SPIP	USD
OD	SPIP	USD
TH	VJZP	USD
UA	SPIP	USD
UB	SPIP	USD
UC	SPIP	USD
UD	SPIP	USD
UF	SPIP	USD
UM	SPIP	USD
US	SPIP	USD
UT	SPIP	USD
UX	SPIP	USD
VF	SPIP	USD
VG	SPIP	USD
VJ	SPIP	USD
VK	SPIP	USD
VP	SPIP	USD
VY	SPIP	USD
XA	IPEUSD	USD
XE	IPEUSD	USD
XF	IPEUSD	USD
XG	IPEUSD	USD
XH	IPEUSD	USD
XJ	IPEUSD	USD
XL	IPEUSD	USD
XO	IPEUSD	USD
XQ	IPEUSD	USD
XS	IPEUSD	USD
XT	IPEUSD	USD
XU	IPEUSD	USD
XV	IPEUSD	USD
XW	IPEUSD	USD
XX	IPEUSD	USD
XZ	IPEUSD	USD

For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-08-21 · the fund's own published holdings.

#	Company	Weight
1	TSY INFL IX N/B 01/35 2.125	3.5%
2	TSY INFL IX N/B 07/34 1.875	3.4%
3	TSY INFL IX N/B 01/32 0.125	3.3%
4	TSY INFL IX N/B 07/35 1.875	3.2%
5	TSY INFL IX N/B 01/34 1.75	3.2%
6	TSY INFL IX N/B 01/36 1.875	3.2%
7	TSY INFL IX N/B 07/31 0.125	3.2%
8	TSY INFL IX N/B 01/28 0.5	3.1%
9	TSY INFL IX N/B 01/31 0.125	3.1%
10	TSY INFL IX N/B 07/30 0.125	3.0%
11	TSY INFL IX N/B 10/30 1.125	3.0%
12	TSY INFL IX N/B 01/33 1.125	3.0%
13	TSY INFL IX N/B 07/29 0.25	3.0%
14	TSY INFL IX N/B 04/30 1.625	2.9%
15	TSY INFL IX N/B 07/32 0.625	2.8%
16	TSY INFL IX N/B 01/29 0.875	2.8%
17	TSY INFL IX N/B 04/29 2.125	2.8%
18	TSY INFL IX N/B 07/28 0.75	2.7%
19	TSY INFL IX N/B 10/28 2.375	2.7%
20	TSY INFL IX N/B 04/31 1.25	2.7%
21	TSY INFL IX N/B 07/33 1.375	2.7%
22	TSY INFL IX N/B 01/30 0.125	2.7%
23	TSY INFL IX N/B 10/27 1.625	2.5%
24	TSY INFL IX N/B 10/29 1.625	2.4%
25	TSY INFL IX N/B 04/28 1.25	2.2%
26	TSY INFL IX N/B 04/29 3.875	2.2%
27	TSY INFL IX N/B 02/41 2.125	2.0%
28	TSY INFL IX N/B 04/28 3.625	1.9%
29	TSY INFL IX N/B 02/44 1.375	1.5%
30	TSY INFL IX N/B 02/42 0.75	1.5%
31	TSY INFL IX N/B 01/28 1.75	1.4%
32	TSY INFL IX N/B 02/40 2.125	1.4%
33	TSY INFL IX N/B 01/29 2.5	1.4%
34	TSY INFL IX N/B 07/36 2.375	1.3%
35	TSY INFL IX N/B 02/45 0.75	1.3%
36	TSY INFL IX N/B 02/43 0.625	1.3%
37	TSY INFL IX N/B 02/46 1	1.1%
38	TSY INFL IX N/B 02/55 2.375	1.0%
39	TSY INFL IX N/B 02/48 1	1.0%
40	TSY INFL IX N/B 07/27 0.375	0.9%
41	TSY INFL IX N/B 02/47 0.875	0.9%
42	TSY INFL IX N/B 02/54 2.125	0.9%
43	TSY INFL IX N/B 02/53 1.5	0.8%
44	TSY INFL IX N/B 02/49 1	0.8%
45	TSY INFL IX N/B 02/52 0.125	0.7%
46	TSY INFL IX N/B 02/51 0.125	0.6%
47	TSY INFL IX N/B 04/32 3.375	0.6%
48	TSY INFL IX N/B 02/50 0.25	0.6%
49	TSY INFL IX N/B 02/56 2.375	0.4%
50	US DOLLAR	-0.7%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 58% of similar ETFs📈 Higher 1-yr return than 3%📈 Higher 3-yr return than 24%📈 Higher 5-yr return than 13%📊 Behind its category by 4.8% (1-yr) (category average +1.0%)📊 Behind its category by 2.2% (3-yr) (category average +2.1%)📊 Behind its category by 2.3% (5-yr) (category average -2.1%)

Versus the Bonds · United States · USD ETFs we track.

Advanced risk

-0.01

Sortino (3y) ?

-0.01

Calmar (3y) ?

3.3%

Downside deviation ?

42%

Up months (hit rate) ?

$26.55

52-week high ?

$25.01

52-week low ?

Concentration depth

~40 ?

Effective number of holdings

Roughly 50 companies are held, but the largest names carry most of the weight — so it behaves like ~40 equal-sized positions.

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 United States bonds

Compare side by side

6 similar funds

	State Street® SPDR® Portfolio TIPS ETFSPDRYou're viewing	iShares $ Treasury Bond 1-3yr UCITS ETFiSharesBroader match	iShares $ Treasury Bond 1-3yr UCITS ETFiSharesBroader match	Schwab U.S. TIPS ETFSchwabBroader match	iShares $ Treasury Bond 3-7yr UCITS ETFiSharesBroader match	Schwab Intermediate-Term U.S. Treasury ETFSchwabBroader match	Schwab Short-Term U.S. Treasury ETFSchwabBroader match
Why it's similar	This is the fund on this page.	BondsPhysicalCheaper fee Tracks a different index in the same category.	BondsPhysicalCheaper fee Tracks a different index in the same category.	BondsUnknownPhysicalCheaper fee Tracks a different index in the same category.	BondsPhysicalCheaper fee Tracks a different index in the same category.	BondsUnknownPhysicalCheaper fee Tracks a different index in the same category.	BondsUnknownPhysicalCheaper fee Tracks a different index in the same category.
Index tracked	Bloomberg U.S. Government Inflation-Linked Bond Index	ICE U.S. Treasury 1-3 Year Bond Index	ICE U.S. Treasury 1-3 Year Bond Index		ICE U.S. Treasury 3-7 Year Bond Index
Yearly fee (TER)	0.12%	0.10%	0.10%	0.03%	0.10%	0.03%	0.03%
All-in cost	0.00%	0.10%	0.10%	0.00%	0.10%	0.00%	0.00%
Fund size	€880.7M	€14.9B	€14.4B	€14.1B	€12.5B	€11.5B	€10.9B
Domicile	United States	Ireland	Ireland	United States	Ireland	United States	United States
Replication	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)
3-yr return p.a.	-0.1%		+2.1%	+0.2%		-0.2%	+0.1%
5-yr return p.a.	-4.4%		-0.1%	-3.6%		-3.0%	-1.2%
# holdings	50	97	97	49	93	102	97

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Data as of 2026-08-21 · Source: issuer data, compiled by Finance Hamster

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