SPDR Portfolio TIPS ETF (SPIP) belongs to the Inflation-Protected Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SPIP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SPIP
SPIP charges 0.12% annually. There are 22 ETFs in the Inflation-Protected Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | 0.03% | 71.10B | Oct 2012 | SPIP vs VTIP | |
| Schwab U.S. TIPS ETF | 0.03% | 16.38B | Aug 2010 | SPIP vs SCHP | |
| Vanguard Total Inflation-Protected Securities ETF | 0.05% | 159.00M | Jul 2025 | SPIP vs VTP | |
| iShares 0-5 Year TIPS Bond ETF | 0.06% | 15.91B | Dec 2010 | SPIP vs STIP | |
| Invesco PureBeta 0-5 Yr US TIPS ETF | 0.07% | 115.79M | Sep 2017 | SPIP vs PBTP |
Best Risk-Adjusted Alternatives to SPIP
SPIP has a PortfoliosLab risk / return rank of 29. There are 27 ETFs in the Inflation-Protected Bonds category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | 98 | 76.82M | Sep 2023 | SPIP vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | 98 | 153.59M | Feb 2025 | SPIP vs RBIL | |
| iShares iBonds Oct 2027 Term TIPS ETF | 97 | 118.24M | Sep 2023 | SPIP vs IBID | |
| iShares iBonds Oct 2028 Term TIPS ETF | 93 | 156.91M | Sep 2023 | SPIP vs IBIE | |
| iShares 0-5 Year TIPS Bond ETF | 93 | 15.91B | Dec 2010 | SPIP vs STIP |
Top Performing SPIP Alternatives (YTD)
SPIP is at 0.37% YTD. There are 32 ETFs in the Inflation-Protected Bonds category with higher YTD returns, going as high as 15.77%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Multi-Asset Real Return ETF | 15.77% | 1.27B | Apr 2012 | SPIP vs RLY | |
| SPDR FTSE International Government Inflation-Prote... | 3.55% | 470.78M | Mar 2008 | SPIP vs WIP | |
| ProShares Inflation Expectations ETF | 3.18% | 18.35M | Jan 2012 | SPIP vs RINF | |
| iShares 0-1 Year TIPS Bond ETF | 2.90% | 14.08M | Nov 2025 | SPIP vs ICPI | |
| American Beacon Ionic Inflation Protection ETF | 2.87% | 10.49M | Jun 2022 | SPIP vs CPII |
Lowest Volatility Alternatives to SPIP
SPIP has 3.53% 1-year volatility. There are 26 ETFs in the Inflation-Protected Bonds category with lower 1-year volatility, going as low as 0.89%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | 0.89% | 76.82M | Sep 2023 | SPIP vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | 0.97% | 153.59M | Feb 2025 | SPIP vs RBIL | |
| iShares 0-1 Year TIPS Bond ETF | 0.98% | 14.08M | Nov 2025 | SPIP vs ICPI | |
| iShares iBonds Oct 2027 Term TIPS ETF | 1.22% | 118.24M | Sep 2023 | SPIP vs IBID | |
| iShares 0-5 Year TIPS Bond ETF | 1.52% | 15.91B | Dec 2010 | SPIP vs STIP |
Lowest Drawdown Alternatives to SPIP
SPIP has a 1-year max drawdown of -2.04%. There are 21 ETFs in the Inflation-Protected Bonds category with shallower 1-year drawdowns, going as shallow as -0.27%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.27% | 76.82M | Sep 2023 | SPIP vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.55% | 118.24M | Sep 2023 | SPIP vs IBID | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.56% | 153.59M | Feb 2025 | SPIP vs RBIL | |
| iShares iBonds 1-5 Year TIPS Ladder ETF | -0.63% | 22.45M | Nov 2024 | SPIP vs LDRI | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.71% | 71.10B | Oct 2012 | SPIP vs VTIP |
Other ETFs from State Street
The 10 most viewed State Street ETFs shown here include SPY, GLD, XLK and span 10 categories. AUM among these funds goes as high as $789B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | S&P 500 | 67 | 10.13% | 789.06B | Jan 1993 | SPIP vs SPY | |
| SPDR Gold Shares | Gold, Precious Metals | 30 | -6.25% | 130.32B | Nov 2004 | SPIP vs GLD | |
| State Street Technology Select Sector SPDR ETF | Technology Equities | 55 | 22.09% | 115.56B | Dec 1998 | SPIP vs XLK | |
| State Street SPDR Portfolio S&P 500 Growth ETF | S&P 500, Large Cap Growth Equities | 43 | 10.06% | 51.09B | Sep 2000 | SPIP vs SPYG | |
| State Street SPDR Portfolio S&P 500 ETF | S&P 500 | 68 | 10.15% | 160.81B | Nov 2005 | SPIP vs SPYM | |
| State Street SPDR Portfolio S&P 500 High Dividend ... | S&P 500, Dividend | 78 | 16.95% | 8.75B | Oct 2015 | SPIP vs SPYD | |
| State Street Energy Select Sector SPDR ETF | Energy Equities | 76 | 35.03% | 38.64B | Dec 1998 | SPIP vs XLE | |
| SPDR Gold MiniShares Trust | Gold, Precious Metals | 31 | -6.13% | 27.37B | Jun 2018 | SPIP vs GLDM | |
| State Street Utilities Select Sector SPDR ETF | Utilities Equities | 21 | 5.28% | 23.07B | Dec 1998 | SPIP vs XLU | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | Government Bonds, Ultrashort Bond | 100 | 2.08% | 47.03B | May 2007 | SPIP vs BIL |
Often Compared With SPIP
Investors most often compare SPIP with TIP, TIPX, TDTT. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare SPIP with Any Fund or Stock
Compare SPIP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SPIP with funds that move differently
SPDR Portfolio TIPS ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SPIP.
Explore SPIP Diversifiers