SPIP vs. LDRI
Compare and contrast key facts about SPDR Portfolio TIPS ETF (SPIP) and iShares iBonds 1-5 Year TIPS Ladder ETF (LDRI).
SPIP and LDRI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPIP is a passively managed fund by State Street that tracks the performance of the Bloomberg Barclays US Government Inflation-linked Bond Index. It was launched on May 25, 2007. LDRI is a passively managed fund by iShares that tracks the performance of the BlackRock iBonds® 1-5 Year TIPS Ladder Index. It was launched on Nov 7, 2024. Both SPIP and LDRI are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
SPIP vs. LDRI - Performance Comparison
Loading graphics...
SPIP vs. LDRI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SPIP SPDR Portfolio TIPS ETF | 0.27% | 6.78% | -1.59% |
LDRI iShares iBonds 1-5 Year TIPS Ladder ETF | 0.89% | 5.94% | 0.10% |
Returns By Period
In the year-to-date period, SPIP achieves a 0.27% return, which is significantly lower than LDRI's 0.89% return.
SPIP
- 1D
- -0.06%
- 1M
- -1.48%
- YTD
- 0.27%
- 6M
- 0.20%
- 1Y
- 2.65%
- 3Y*
- 2.91%
- 5Y*
- 1.15%
- 10Y*
- 2.53%
LDRI
- 1D
- 0.09%
- 1M
- 0.12%
- YTD
- 0.89%
- 6M
- 1.40%
- 1Y
- 3.66%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SPIP vs. LDRI - Expense Ratio Comparison
SPIP has a 0.12% expense ratio, which is higher than LDRI's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
SPIP vs. LDRI — Risk / Return Rank
SPIP
LDRI
SPIP vs. LDRI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio TIPS ETF (SPIP) and iShares iBonds 1-5 Year TIPS Ladder ETF (LDRI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| SPIP | LDRI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.61 | 1.65 | -1.04 |
Sortino ratioReturn per unit of downside risk | 0.83 | 2.43 | -1.60 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.35 | -0.24 |
Calmar ratioReturn relative to maximum drawdown | 1.05 | 4.62 | -3.57 |
Martin ratioReturn relative to average drawdown | 3.04 | 13.57 | -10.53 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SPIP | LDRI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.61 | 1.65 | -1.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 2.13 | -1.61 |
Correlation
The correlation between SPIP and LDRI is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
SPIP vs. LDRI - Dividend Comparison
SPIP's dividend yield for the trailing twelve months is around 4.05%, less than LDRI's 4.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPIP SPDR Portfolio TIPS ETF | 4.05% | 4.09% | 3.36% | 3.70% | 7.05% | 4.53% | 1.97% | 2.91% | 2.80% | 3.02% | 1.88% | 0.14% |
LDRI iShares iBonds 1-5 Year TIPS Ladder ETF | 4.19% | 4.23% | 0.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SPIP vs. LDRI - Drawdown Comparison
The maximum SPIP drawdown since its inception was -15.39%, which is greater than LDRI's maximum drawdown of -0.85%. Use the drawdown chart below to compare losses from any high point for SPIP and LDRI.
Loading graphics...
Drawdown Indicators
| SPIP | LDRI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.39% | -0.85% | -14.54% |
Max Drawdown (1Y)Largest decline over 1 year | -2.92% | -0.85% | -2.07% |
Max Drawdown (5Y)Largest decline over 5 years | -15.39% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -15.39% | — | — |
Current DrawdownCurrent decline from peak | -2.21% | -0.20% | -2.01% |
Average DrawdownAverage peak-to-trough decline | -4.13% | -0.21% | -3.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.01% | 0.29% | +0.72% |
Volatility
SPIP vs. LDRI - Volatility Comparison
SPDR Portfolio TIPS ETF (SPIP) has a higher volatility of 1.75% compared to iShares iBonds 1-5 Year TIPS Ladder ETF (LDRI) at 0.58%. This indicates that SPIP's price experiences larger fluctuations and is considered to be riskier than LDRI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SPIP | LDRI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.75% | 0.58% | +1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 2.55% | 1.37% | +1.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.39% | 2.24% | +2.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.59% | 2.37% | +4.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.03% | 2.37% | +3.66% |