SPTI vs. VTIP
Compare and contrast key facts about SPDR Portfolio Intermediate Term Treasury ETF (SPTI) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP).
SPTI and VTIP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPTI is a passively managed fund by State Street that tracks the performance of the Bloomberg Barclays U.S. 3-10 Year Treasury Bond Index. It was launched on May 23, 2007. VTIP is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). It was launched on Oct 12, 2012. Both SPTI and VTIP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPTI or VTIP.
Performance
SPTI vs. VTIP - Performance Comparison
Returns By Period
In the year-to-date period, SPTI achieves a 1.52% return, which is significantly lower than VTIP's 4.61% return. Over the past 10 years, SPTI has underperformed VTIP with an annualized return of 1.05%, while VTIP has yielded a comparatively higher 2.41% annualized return.
SPTI
1.52%
-1.43%
2.74%
5.02%
-0.22%
1.05%
VTIP
4.61%
-0.08%
3.01%
6.59%
3.53%
2.41%
Key characteristics
| SPTI | VTIP | |
|---|---|---|
| Sharpe Ratio | 1.02 | 3.15 |
| Sortino Ratio | 1.50 | 5.58 |
| Omega Ratio | 1.18 | 1.73 |
| Calmar Ratio | 0.38 | 4.96 |
| Martin Ratio | 3.03 | 24.40 |
| Ulcer Index | 1.67% | 0.27% |
| Daily Std Dev | 4.97% | 2.13% |
| Max Drawdown | -16.11% | -6.27% |
| Current Drawdown | -8.60% | -0.41% |
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SPTI vs. VTIP - Expense Ratio Comparison
SPTI has a 0.06% expense ratio, which is higher than VTIP's 0.04% 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%.
Correlation
The correlation between SPTI and VTIP is 0.55, 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.
Risk-Adjusted Performance
SPTI vs. VTIP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio Intermediate Term Treasury ETF (SPTI) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP). 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.
Dividends
SPTI vs. VTIP - Dividend Comparison
SPTI's dividend yield for the trailing twelve months is around 3.70%, more than VTIP's 3.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPTI SPDR Portfolio Intermediate Term Treasury ETF | 3.70% | 2.99% | 1.45% | 0.53% | 0.76% | 2.01% | 1.97% | 1.46% | 1.24% | 1.18% | 1.05% | 1.47% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 3.38% | 3.36% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% | 0.00% | 0.82% | 0.05% |
Drawdowns
SPTI vs. VTIP - Drawdown Comparison
The maximum SPTI drawdown since its inception was -16.11%, which is greater than VTIP's maximum drawdown of -6.27%. Use the drawdown chart below to compare losses from any high point for SPTI and VTIP. For additional features, visit the drawdowns tool.
Volatility
SPTI vs. VTIP - Volatility Comparison
SPDR Portfolio Intermediate Term Treasury ETF (SPTI) has a higher volatility of 1.20% compared to Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) at 0.48%. This indicates that SPTI's price experiences larger fluctuations and is considered to be riskier than VTIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.