SPDR Portfolio TIPS ETF (SPIP)

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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.

SPDR Portfolio TIPS ETF (SPIP) has returned 0.27% so far this year and 2.65% over the past 12 months. Over the last ten years, SPIP has returned 2.53% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since May 30, 2007, SPIP's average daily return is +0.01%, while the average monthly return is +0.30%. At this rate, your investment would double in approximately 19.3 years.

Historically, 64% of months were positive and 36% were negative. The best month was Mar 2009 with a return of +5.8%, while the worst month was Oct 2008 at -7.6%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 4 months.

On a daily basis, SPIP closed higher 51% of trading days. The best single day was Mar 20, 2020 with a return of +4.3%, while the worst single day was Mar 10, 2020 at -3.9%.

SPDR Portfolio TIPS ETF has an annualized alpha of 4.18%, beta of -0.04, and R² of 0.01 versus S&P 500 Index. Calculated based on daily prices since May 31, 2007.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (13.51%) than losses (3.98%) — typical of diversified or defensive assets.
• Beta of -0.04 may look defensive, but with R² of 0.01 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.01 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

SPIP has an expense ratio of 0.12%, which is considered low.

SPIP ranks 31 for risk / return — below 31% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for SPDR Portfolio TIPS ETF (SPIP) and compare them to a chosen benchmark (S&P 500 Index).

SPDR Portfolio TIPS ETF provided a 4.05% dividend yield over the last twelve months, with an annual payout of $1.05 per share.

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.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

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 2.21%.

The chart below shows the rolling one-month volatility.