SPIP

State Street SPDR Portfolio TIPS ETF

$26.18

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The SPDR Portfolio TIPS ETF (SPIP) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg US Treasury Inflation-Protected Securities (TIPS) Index.

Overview

ETF tracking State Street SPDR Portfolio TIPS ETF

Category Treasury

Issuer State Street

Inception Date 2008-11-07

Market Cap $979.1M

Average Volume N/A

Dividend Yield 3.48%

52-Week Range $25.21 - $26.55

VWAP $26.21

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests in a portfolio of inflation-protected public obligations of the U.S. Treasury, commonly known as 'TIPS'. TIPS are securities issued by the U.S. government that are designed to provide inflation protection to investors.

✨ Key Features

Provides exposure to U.S. Treasury Inflation-Protected Securities (TIPS)
Seeks to track the performance of the Bloomberg US Treasury Inflation-Protected Securities (TIPS) Index
Low expense ratio of 0.00%
Suitable for investors seeking inflation protection in their fixed income allocation

⚠️ Primary Risks

Interest rate risk: TIPS prices may decline when interest rates rise
Inflation risk: If realized inflation is lower than expected, TIPS may underperform nominal Treasuries
Liquidity risk: TIPS may have lower liquidity compared to nominal Treasuries
Tracking error risk: The fund may not perfectly track its underlying index

👤 Best For

SPIP may be suitable for investors seeking to protect their fixed income portfolio from the effects of inflation. It can be used as a diversification tool or as a core fixed income holding. Investors with a long-term investment horizon and a moderate risk tolerance may find this fund appropriate for their portfolio.