ATLASSPDR Portfolio TIPS ETF (SPIP): outlook, holdings and fees
SPDR Portfolio TIPS ETF (SPIP) is an exchange-traded fund and is managed by State Street Investment Management. The expense ratio is 0.11% and the yield is 5.50%. The ten largest holdings are 27% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on SPIP
| Last price | $24.99 (+0.3%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 67% |
| Likely 1-month range (50%) | $24.91 – $25.36 |
| Normal 1-day range (±1σ) | ±0.3% |
| Distribution yield | 5.50% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
SPIP fund facts
| Issuer | State Street Investment Management |
|---|---|
| Theme | Inflation-linked bonds |
| Assets under management | $1.0B |
| Expense ratio | 0.11% |
| Number of holdings | 9 |
| Portfolio turnover | 14% |
| Inception | May 25, 2007 |
| Exchange | NYSE |
The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of the inflation protected public obligations of the U.S. Treasury, commonly known as TIPS.
SPIP top holdings
| Holding | Sector | Weight |
|---|---|---|
| United States Treasury Notes 0.375% | – | 3.17% |
| United States Treasury Notes 0.625% | – | 3.19% |
| United States Treasury Bonds 2.375% | – | 3.01% |
| United States Treasury Notes 0.25% | – | 2.89% |
| United States Treasury Notes 0.62% | – | 2.89% |
| United States Treasury Notes 0.38% | – | 2.92% |
| United States Treasury Notes 0.12% | – | 2.94% |
| United States Treasury Notes 0.125% | – | 2.75% |
| United States Treasury Notes 0.5% | – | 2.85% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
SPIP returns and risk
| Year to date | -1.8% |
|---|---|
| 1 year | -2.3% |
| 3 years (annualised) | +3.8% |
| 5 years (annualised) | -0.3% |
| 10 years (annualised) | +2.1% |
| Volatility (3 years) | 4.4% |
| Sharpe ratio (3 years) | -0.20 |
Past returns do not guarantee future results.
SPIP: frequently asked questions
What does SPIP invest in?
SPDR Portfolio TIPS ETF invests in a portfolio of securities. Its largest holdings are United States Treasury Notes 0.375% (3.2%), United States Treasury Notes 0.625% (3.2%), United States Treasury Bonds 2.375% (3.0%), United States Treasury Notes 0.25% (2.9%), United States Treasury Notes 0.62% (2.9%).
What is the SPIP expense ratio?
0.11% a year: about $11.00 for every $10,000 invested.
What is the SPIP dividend yield?
5.50%. ATLAS does not hold the exact distribution dates for ETFs.
Will SPIP go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 67%, with a likely range (50%) of $24.91 to $25.36 from $24.99 today. It is a probability, not a prediction.
How has SPIP performed?
Year to date -1.8%, one year -2.3%, three years +3.8% a year, five years -0.3% a year. Past returns do not guarantee future results.
Similar ETFs: Inflation-linked bonds
- Schwab U.S. TIPS ETF (SCHP)
- iShares TIPS Bond ETF (TIP)
- FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT)
- State Street SPDR Bloomberg 1-10 Year TIPS ETF (TIPX)
- Dimensional Inflation-Protected Securities ETF (DFIP)
- PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (LTPZ)
- Northern Trust iBoxx 5-Year Target Duration TIPS ETF (TDTF)
- PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (STPZ)
Educational information, not investment advice. Disclaimer