SPDR Portfolio TIPS ETF (SPIP)
SPIP is a passive ETF by State Street tracking the investment results of the Bloomberg Barclays US Government Inflation-linked Bond Index. SPIP launched on May 25, 2007 and has a 0.12% expense ratio.
ETF Info
| ISIN | US78464A6560 |
|---|---|
| CUSIP | 00078464A656 |
| Issuer | State Street |
| Inception Date | May 25, 2007 |
| Region | North America (U.S.) |
| Category | Inflation-Protected Bonds |
| Index Tracked | Bloomberg Barclays US Government Inflation-linked Bond Index |
| Home Page | www.ssga.com |
| Asset Class | Bond |
Expense Ratio
The SPDR Portfolio TIPS ETF features an expense ratio of 0.12%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: SPIP vs. TIP, SPIP vs. VTIP, SPIP vs. SCHP, SPIP vs. TDTT, SPIP vs. BKLN, SPIP vs. FIPDX, SPIP vs. SPLG, SPIP vs. VPL, SPIP vs. SCHD, SPIP vs. O
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SPDR Portfolio TIPS ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
SPDR Portfolio TIPS ETF had a return of -1.20% year-to-date (YTD) and -2.01% in the last 12 months. Over the past 10 years, SPDR Portfolio TIPS ETF had an annualized return of 1.82%, while the S&P 500 had an annualized return of 10.46%, indicating that SPDR Portfolio TIPS ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -1.20% | 5.84% |
| 1 month | -1.43% | -2.98% |
| 6 months | 3.19% | 22.02% |
| 1 year | -2.01% | 24.47% |
| 5 years (annualized) | 1.86% | 11.44% |
| 10 years (annualized) | 1.82% | 10.46% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.98% | -1.12% | 0.35% | |||||||||
| 2023 | -1.90% | -0.79% | 2.70% | 1.94% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
SPDR Portfolio TIPS ETF(SPIP)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SPDR Portfolio TIPS ETF (SPIP) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
SPDR Portfolio TIPS ETF granted a 3.44% dividend yield in the last twelve months. The annual payout for that period amounted to $0.86 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.86 | $0.95 | $1.82 | $1.43 | $0.61 | $0.73 | $0.76 | $0.85 | $0.53 | $0.04 | $0.46 | $0.30 |
Dividend yield | 3.44% | 3.70% | 7.05% | 4.53% | 1.97% | 2.57% | 2.80% | 3.02% | 1.88% | 0.14% | 1.66% | 1.11% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR Portfolio TIPS ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.23 | $0.14 | $0.08 | $0.13 | $0.06 | $0.08 | $0.04 | $0.11 | $0.07 |
| 2022 | $0.00 | $0.11 | $0.06 | $0.20 | $0.24 | $0.34 | $0.14 | $0.28 | $0.35 | $0.00 | $0.00 | $0.10 |
| 2021 | $0.00 | $0.00 | $0.02 | $0.10 | $0.14 | $0.17 | $0.20 | $0.19 | $0.23 | $0.11 | $0.04 | $0.23 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.12 | $0.08 | $0.00 | $0.00 | $0.00 | $0.14 | $0.13 | $0.09 | $0.05 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.06 | $0.12 | $0.16 | $0.16 | $0.07 | $0.01 | $0.05 | $0.01 | $0.10 |
| 2018 | $0.00 | $0.01 | $0.00 | $0.14 | $0.12 | $0.07 | $0.12 | $0.12 | $0.05 | $0.01 | $0.02 | $0.10 |
| 2017 | $0.00 | $0.00 | $0.01 | $0.15 | $0.09 | $0.03 | $0.08 | $0.03 | $0.03 | $0.00 | $0.08 | $0.35 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.10 | $0.11 | $0.13 | $0.00 | $0.01 | $0.10 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.03 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.17 | $0.09 | $0.09 | $0.05 | $0.00 | $0.00 | $0.00 |
| 2013 | $0.08 | $0.07 | $0.00 | $0.02 | $0.06 | $0.01 | $0.03 | $0.03 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the SPDR Portfolio TIPS ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the SPDR Portfolio TIPS ETF was 15.39%, occurring on Oct 6, 2023. The portfolio has not yet recovered.
The current SPDR Portfolio TIPS ETF drawdown is 11.83%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.39% | Nov 10, 2021 | 479 | Oct 6, 2023 | — | — | — |
| -14.37% | Mar 13, 2008 | 179 | Nov 24, 2008 | 214 | Oct 1, 2009 | 393 |
| -11.92% | Dec 7, 2012 | 187 | Sep 5, 2013 | 1395 | Mar 22, 2019 | 1582 |
| -10.66% | Mar 9, 2020 | 8 | Mar 18, 2020 | 28 | Apr 28, 2020 | 36 |
| -5.74% | Oct 26, 2010 | 75 | Feb 10, 2011 | 47 | Apr 19, 2011 | 122 |
Volatility
Volatility Chart
The current SPDR Portfolio TIPS ETF volatility is 1.50%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.