WIP vs. NPFI
Compare and contrast key facts about SPDR FTSE International Government Inflation-Protected Bond ETF (WIP) and Nuveen Preferred And Income ETF (NPFI).
WIP and NPFI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WIP is a passively managed fund by State Street that tracks the performance of the FTSE International Inflation-Linked Securities Select (USD). It was launched on Mar 13, 2008. NPFI is an actively managed fund by Nuveen. It was launched on Mar 5, 2024.
Performance
WIP vs. NPFI - Performance Comparison
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WIP vs. NPFI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WIP SPDR FTSE International Government Inflation-Protected Bond ETF | 1.75% | 15.18% | -5.51% |
NPFI Nuveen Preferred And Income ETF | -0.50% | 9.21% | 6.56% |
Returns By Period
In the year-to-date period, WIP achieves a 1.75% return, which is significantly higher than NPFI's -0.50% return.
WIP
- 1D
- 0.73%
- 1M
- -2.02%
- YTD
- 1.75%
- 6M
- 3.52%
- 1Y
- 11.92%
- 3Y*
- 3.21%
- 5Y*
- -0.22%
- 10Y*
- 1.36%
NPFI
- 1D
- 0.22%
- 1M
- -1.30%
- YTD
- -0.50%
- 6M
- 0.77%
- 1Y
- 7.04%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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WIP vs. NPFI - Expense Ratio Comparison
WIP has a 0.50% expense ratio, which is lower than NPFI's 0.55% expense ratio.
Return for Risk
WIP vs. NPFI — Risk / Return Rank
WIP
NPFI
WIP vs. NPFI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR FTSE International Government Inflation-Protected Bond ETF (WIP) and Nuveen Preferred And Income ETF (NPFI). 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.
| WIP | NPFI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.26 | 2.17 | -0.91 |
Sortino ratioReturn per unit of downside risk | 1.72 | 2.97 | -1.25 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.50 | -0.27 |
Calmar ratioReturn relative to maximum drawdown | 2.40 | 2.20 | +0.20 |
Martin ratioReturn relative to average drawdown | 7.08 | 8.87 | -1.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WIP | NPFI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 2.17 | -0.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.02 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.13 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 2.58 | -2.47 |
Correlation
The correlation between WIP and NPFI is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
WIP vs. NPFI - Dividend Comparison
WIP's dividend yield for the trailing twelve months is around 5.32%, less than NPFI's 6.50% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WIP SPDR FTSE International Government Inflation-Protected Bond ETF | 5.32% | 5.51% | 6.06% | 6.54% | 11.15% | 4.63% | 1.59% | 2.49% | 4.05% | 1.91% | 1.27% | 1.14% |
NPFI Nuveen Preferred And Income ETF | 6.50% | 6.33% | 5.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
WIP vs. NPFI - Drawdown Comparison
The maximum WIP drawdown since its inception was -29.60%, which is greater than NPFI's maximum drawdown of -3.18%. Use the drawdown chart below to compare losses from any high point for WIP and NPFI.
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Drawdown Indicators
| WIP | NPFI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.60% | -3.18% | -26.42% |
Max Drawdown (1Y)Largest decline over 1 year | -5.16% | -3.18% | -1.98% |
Max Drawdown (5Y)Largest decline over 5 years | -28.84% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -28.84% | — | — |
Current DrawdownCurrent decline from peak | -6.22% | -2.04% | -4.18% |
Average DrawdownAverage peak-to-trough decline | -8.62% | -0.33% | -8.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 0.79% | +0.96% |
Volatility
WIP vs. NPFI - Volatility Comparison
SPDR FTSE International Government Inflation-Protected Bond ETF (WIP) has a higher volatility of 4.25% compared to Nuveen Preferred And Income ETF (NPFI) at 1.67%. This indicates that WIP's price experiences larger fluctuations and is considered to be riskier than NPFI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WIP | NPFI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.25% | 1.67% | +2.58% |
Volatility (6M)Calculated over the trailing 6-month period | 6.05% | 2.16% | +3.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.51% | 3.26% | +6.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.39% | 2.86% | +8.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.12% | 2.86% | +7.26% |