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State Street® Income Allocation ETF

SPDR · US78467V2025

State Street® Income Allocation ETF is an exchange-traded fund (ETF) from SPDR, traded under the ticker INKM (ISIN US78467V2025). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. In plain terms it is about a ready-made mix of shares, bonds and sometimes other assets in a single fund, so the…

· Tracks the MSCI World Index index ?
Multi Asset ?Distributing ?Physical ?United States ?
Mid-range feePays cash dividendsOwns the shares directlyGlobalConcentrated in a few names
Fund size (AUM) ?
€64M
1-year return ?
+10.6%
Total return · to 2026-08-18
Dividend yield
4.74%
Trailing 12 months
Yearly fee (TER) ?
0.50%
All-in cost ≈ 0.00%

About this fund

What you own

The MSCI World Index index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 16 companies across Global in a single purchase.

Dividends

The fund pays dividends out to you as cash, usually a few times a year.

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You get the dividends as cash you can spend or move elsewhere, which some people like for a sense of income. If you would rather it compounded, you buy more units yourself — it will not reinvest on its own the way an accumulating version does. The same fund is often sold in both versions; what it holds underneath is identical.

How it works

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

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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

0.50%Yearly fee (TER)
0.00%All-in cost

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

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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 ?
MSCI World Index
Replication ?
Physical
Full — buys every share
Launched
Apr 2012
14-year track record

Performance

75.181.888.595.2102202120242026

Growth of $100 invested — the line starts at $100.

State Street® Income Allocation ETF

End-of-day prices, rebased to a common start so the shapes are comparable. Past performance does not predict future results.

YTD+7.1%
1 year+10.6%
3 years+10.7%
5 years+4.4%

Return, year by year

-12.6
+10.3
+5.7
+11.8
'22'23'24'25
3 of 4 up yearsBest: 2025 +11.8%Worst: 2022 -12.6%Calendar-year total returns, in USD

How bumpy has it been?

6.0%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-7.1%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.
1.46
Return for the risk (3y) ?
Reward earned per unit of bumpiness.

The bigger picture

+23.4%
Since inception
Total growth since launch — about +4.2% a year.
+22.0%
Best 12 months
The strongest one-year stretch on record.
-18.1%
Worst 12 months
The weakest one-year stretch on record.
-19.2%
Worst fall on record ?
It clawed back in about 22 months.

Dividend history

This fund pays its dividends out to you (Quarterly). Recent payments per share:

Ex-dateAmount / share
2026-06-25$0.47
2026-03-26$0.23
2025-12-29$0.55
2025-09-24$0.39
2025-06-25$0.5
2025-03-26$0.24
2025-03-17$0.24
2024-12-26$0.5

What's inside

The 10 biggest holdings make up 68.4% of the fund — the rest is spread across roughly 4 more companies.

Top 10 holdings

#CompanyWeight
2STATE STREET SPDR S+P GLOBAL I10.9%
3STATE STREET US EQUITY PREMIUM10.0%
5SCHWAB US DIVIDEND EQUITY ETF8.1%
6STATE STREET SPDR PORTFOLIO S+8.0%
7STATE STREET SPDR BLOOMBERG HI8.0%
8STATE STREET SPDR ICE PREFERRE6.0%
9STATE STREET BLACKSTONE SENIOR5.9%
10STATE STREET SPDR BLOOMBERG EM5.0%
11STATE STREET SPDR BLOOMBERG CO4.0%
12STATE STREET SPDR S+P INTERNAT2.5%

Where to buy this fund

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

Where it trades

ExchangeTickerCurrency
NYSEINKMUSD★ Primary
USD listings
E1INKMUSDUSD
EPINKMUSDUSD
EUINKMUSDUSD
EZINKMUSDUSD
NYSE ArcaINKMUSD
OCINKMUSD
ODINKMUSD
UAINKMUSD
UBINKMUSD
UCINKMUSD
UDINKMUSD
UFINKMUSD
UMINKMUSD
USINKMUSD
UTINKMUSD
UXINKMUSD
VFINKMUSD
VGINKMUSD
VJINKMUSD
VKINKMUSD
VPINKMUSD
VYINKMUSD
X1INKMUSDUSD
X2INKMUSDUSD
XAINKMUSDUSD
XEINKMUSDUSD
XFINKMUSDUSD
XGINKMUSDUSD
XHINKMUSDUSD
XJINKMUSDUSD
XLINKMUSDUSD
XOINKMUSDUSD
XQINKMUSDUSD
XSINKMUSDUSD
XUINKMUSDUSD
XVINKMUSDUSD
XWINKMUSDUSD
XXINKMUSDUSD
XZINKMUSDUSD
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-08-18 · the fund's own published holdings.

#CompanyWeight
2STATE STREET SPDR S+P GLOBAL I10.9%
3STATE STREET US EQUITY PREMIUM10.0%
5SCHWAB US DIVIDEND EQUITY ETF8.1%
6STATE STREET SPDR PORTFOLIO S+8.0%
7STATE STREET SPDR BLOOMBERG HI8.0%
8STATE STREET SPDR ICE PREFERRE6.0%
9STATE STREET BLACKSTONE SENIOR5.9%
10STATE STREET SPDR BLOOMBERG EM5.0%
11STATE STREET SPDR BLOOMBERG CO4.0%
12STATE STREET SPDR S+P INTERNAT2.5%
13STATE STREET SPDR DOW JONES RE2.5%
14STATE STREET SPDR PORTFOLIO IN2.0%
15STATE STREET SPDR PORTFOLIO LO2.0%
16SSI US GOV MONEY MARKET CLASS0.3%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 0% of similar ETFs📈 Higher 1-yr return than 37%📈 Higher 3-yr return than 70%📈 Higher 5-yr return than 80%📊 Behind its category by 1.3% (1-yr) (category average +11.8%)📊 Beat its category by 2.2% (3-yr) (category average +8.5%)📊 Beat its category by 1.6% (5-yr) (category average +2.8%)

Versus the Multi-asset · USD ETFs we track.

Advanced risk

2.19
Sortino (3y) ?
1.50
Calmar (3y) ?
4.1%
Downside deviation ?
75%
Up months (hit rate) ?
$34.94
52-week high ?
$32.71
52-week low ?

Concentration depth

~11 ?
Effective number of holdings

Roughly 16 companies are held, but the largest names carry most of the weight — so it behaves like ~11 equal-sized positions.

Similar funds

We found 2 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🌍 Global mixed assets
Compare side by side
2 similar funds
State Street® Income Allocation ETFSPDRYou're viewingState Street® SPDR® Morningstar Multi-Asset Global Infrastructure UCITS ETF (Dist)SPDRBroader matchState Street® Global Allocation ETFSPDRBroader match
Why it's similarThis is the fund on this page.
Mixed assetsDistributingPhysicalCheaper fee
Tracks a different index in the same category.
Mixed assetsPhysicalCheaper fee
Tracks a different index in the same category.
Index trackedMSCI World IndexMorningstar Global Multi-Asset Infrastructure IndexMSCI ACWI IMI Index
Yearly fee (TER)0.50%0.40%0.35%
All-in cost0.00%0.41%0.00%
Fund size€64M€943.5M€271.9M
DomicileUnited StatesIrelandUnited States
ReplicationPhysical (full)Physical (full)Physical (full)
3-yr return p.a.+10.7%+5.6%+10.9%
5-yr return p.a.+4.4%+0.7%+3.1%
# holdings162,16518

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Data as of 2026-08-18 · Source: issuer data, compiled by Finance Hamster

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