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ETF Comparisons

SPY vs. TIP

SPDR S&P 500 ETF Trust

SPY
$--
vs

iShares TIPS Bond ETF

TIP
$--

Correlation

0.30

Compare with

Top 10 comparisons with SPY:
Compare:
SPY
Correlation
With:
TIP
iShares TIPS Bond ETF
0.30
SwitchSSOProShares Trust - ProShares Ultra S&P500 2x Shares1.00IVVBlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF1.00SPXLDirexion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares1.00VOOVanguard Group, Inc. - Vanguard S&P 500 ETF1.00UPROProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares1.00SPLGSPDR Series Trust - SPDR Portfolio S&P 500 ETF1.00VVVanguard Group, Inc. - Vanguard Large Cap ETF1.00SCHXSchwab Strategic Trust - Schwab U.S. Large-Cap ETF1.00ESGUiShares Trust - iShares Trust iShares ESG Aware MSCI USA ETF1.00IWBBlackRock Institutional Trust Company N.A. - iShares Russell 1000 ETF1.00

Top 10 shared holdings

The top 10 holdings shared by SPY and TIP:

There are no shared holdings.
Invest with SPY
Learn more about TIP
SPYSPDR S&P 500 ETF Trust
TIPiShares TIPS Bond ETF

What is SPY?

The SPDR S&P 500 ETF is a fund that before expenses generally corresponds to the price and yield performance of the S&P 500 Index.

Snapshot
**

SPY SPDR S&P 500 ETF Trust
TIP iShares TIPS Bond ETF
Inception date
Jan 22 1993
Dec 04 2003
Expense ratio
0.09%
0.19%
SPY has a lower expense ratio than TIP by 0.1%. This can indicate that it’s cheaper to invest in SPY than TIP.
Type
US Equities
US Bonds
SPY targets investing in US Equities, while TIP targets investing in US Bonds.
Fund owner
State Street (SPDR)
Blackrock (iShares)
SPY is managed by State Street (SPDR), while TIP is managed by Blackrock (iShares).
Volume (1m avg. daily)
$33,257,618,740
$275,002,281
Both SPY and TIP are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$400,404,126,565
$21,035,302,259
SPY has more assets under management than TIP by $379,368,824,306. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P 500 Index
ICE US Treasury Inflation Linked Bond Index
SPY is based off of the S&P 500 Index, while TIP is based off of the ICE US Treasury Inflation Linked Bond Index
Inverse/Leveraged
No
No
SPY and TIP use the same leverage ratio. Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Passive
Passive
SPY and TIP both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
No
No
SPY and TIP may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
View
View
SPY may issue a K1, while TIP does not. You can find non-K1 alternatives for SPY in its “Related ETFs” section.
When ETFs are uncorrelated, it’s common for them to be used as complements in a trading strategy. This means it makes sense to be holding both of them at the same time, or to use one as a hedge for the other.

Automated Strategies
Related toSPY

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

Automated Strategies
Related toTIP

#ROT

Ride the Oil Trend

Category

Featured, Diversification

Risk Rating

Aggressive

Create your own algorithmic
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Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.