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SPDR FTSE International Government Inflation-Prote...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US78464A4904
CUSIP
78464A490
Inception Date
Mar 13, 2008
Region
Developed Markets (Broad)
Leveraged
1x (No leverage)
Index Tracked
FTSE International Inflation-Linked Securities Select (USD)
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in SPDR FTSE International Government Inflation-Protected Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

SPDR FTSE International Government Inflation-Protected Bond ETF (WIP) has returned 1.01% so far this year and 11.57% over the past 12 months. Over the last ten years, WIP has returned 1.28% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


SPDR FTSE International Government Inflation-Protected Bond ETF

1D
1.59%
1M
-3.65%
YTD
1.01%
6M
3.15%
1Y
11.57%
3Y*
2.96%
5Y*
-0.36%
10Y*
1.28%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Mar 19, 2008, WIP's average daily return is +0.01%, while the average monthly return is +0.14%. At this rate, your investment would double in approximately 41.3 years.

Historically, 57% of months were positive and 43% were negative. The best month was Dec 2008 with a return of +10.7%, while the worst month was Oct 2008 at -12.5%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.

On a daily basis, WIP closed higher 51% of trading days. The best single day was Oct 14, 2008 with a return of +5.5%, while the worst single day was Oct 10, 2008 at -6.7%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.33%1.46%-3.65%1.01%
20250.91%1.86%1.45%3.68%0.22%4.13%-3.30%1.50%1.83%0.04%0.40%1.67%15.18%
2024-4.39%-0.25%0.62%-2.76%1.67%-0.76%1.60%2.73%1.74%-5.02%-0.53%-3.35%-8.71%
20234.15%-3.33%5.19%-1.39%-2.78%2.79%2.06%-2.93%-4.45%-1.74%6.55%5.21%8.84%
2022-0.67%0.76%1.92%-7.11%-0.85%-6.48%2.29%-4.23%-7.16%0.27%8.14%-2.53%-15.54%
2021-1.29%-1.94%-1.87%1.30%3.00%-1.57%1.69%0.43%-4.45%1.88%-0.98%-0.20%-4.15%

Benchmark Metrics

SPDR FTSE International Government Inflation-Protected Bond ETF has an annualized alpha of -0.06%, beta of 0.16, and R² of 0.09 versus S&P 500 Index. Calculated based on daily prices since March 20, 2008.

  • This ETF participated in 54.80% of S&P 500 Index downside but only 31.68% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.16 may look defensive, but with R² of 0.09 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 0.09 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.

Alpha
-0.06%
Beta
0.16
0.09
Upside Capture
31.68%
Downside Capture
54.80%

Expense Ratio

WIP has an expense ratio of 0.50%, placing it in the medium range.


Return for Risk

Risk / Return Rank

WIP ranks 67 for risk / return — better than 67% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


WIP Risk / Return Rank: 6767
Overall Rank
WIP Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
WIP Sortino Ratio Rank: 6464
Sortino Ratio Rank
WIP Omega Ratio Rank: 5757
Omega Ratio Rank
WIP Calmar Ratio Rank: 7979
Calmar Ratio Rank
WIP Martin Ratio Rank: 6565
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for SPDR FTSE International Government Inflation-Protected Bond ETF (WIP) and compare them to a chosen benchmark (S&P 500 Index).


WIPBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.22

0.90

+0.33

Sortino ratio

Return per unit of downside risk

1.68

1.39

+0.29

Omega ratio

Gain probability vs. loss probability

1.22

1.21

+0.01

Calmar ratio

Return relative to maximum drawdown

2.25

1.40

+0.86

Martin ratio

Return relative to average drawdown

6.69

6.61

+0.08

Explore WIP risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

SPDR FTSE International Government Inflation-Protected Bond ETF provided a 5.41% dividend yield over the last twelve months, with an annual payout of $2.14 per share.


2.00%4.00%6.00%8.00%10.00%12.00%$0.00$1.00$2.00$3.00$4.00$5.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$2.14$2.17$2.19$2.74$4.59$2.49$0.93$1.37$2.11$1.10$0.66$0.58

Dividend yield

5.41%5.51%6.06%6.54%11.15%4.63%1.59%2.49%4.05%1.91%1.27%1.14%

Monthly Dividends

The table displays the monthly dividend distributions for SPDR FTSE International Government Inflation-Protected Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.03$0.16$0.19
2025$0.00$0.08$0.15$0.17$0.26$0.24$0.33$0.15$0.17$0.18$0.16$0.31$2.17
2024$0.00$0.09$0.18$0.14$0.29$0.29$0.24$0.19$0.14$0.15$0.17$0.31$2.19
2023$0.00$0.26$0.14$0.20$0.30$0.33$0.32$0.13$0.20$0.16$0.31$0.39$2.74
2022$0.00$0.26$0.64$0.42$0.36$0.59$0.55$0.34$0.34$0.25$0.23$0.61$4.59
2021$0.00$0.06$0.18$0.17$0.18$0.25$0.30$0.17$0.20$0.18$0.23$0.57$2.49

Drawdowns

Drawdowns Chart

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the SPDR FTSE International Government Inflation-Protected Bond 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 FTSE International Government Inflation-Protected Bond ETF was 29.60%, occurring on Nov 21, 2008. Recovery took 467 trading sessions.

The current SPDR FTSE International Government Inflation-Protected Bond ETF drawdown is 6.90%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-29.6%Jul 16, 200892Nov 21, 2008467Oct 1, 2010559
-28.84%Jun 11, 2021327Sep 27, 2022
-20.04%Jan 29, 2018538Mar 18, 2020169Nov 16, 2020707
-19.13%Jul 24, 2014376Jan 20, 2016506Jan 23, 2018882
-11.08%Aug 18, 201170Nov 25, 2011197Sep 7, 2012267

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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