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ETFs

SPDR FTSE International Government Inflation-Protected Bond ETF

WIP
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Mar 13, 2008
Expense Ratio
0.5%
Type
Global Ex. US Bonds
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$2,294,062
AUM
$430,145,584
Associated Index
FTSE International Inflation-Linked Securities Select Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

BL55
Germany Inflation-indexed Bond 2014-15.4.30 floating rate
1.54%
BL56
Germany Inflationsindexierte Bundesobl. 2015-15.4.26 var.
1.41%
—
Spain (no min./no max) 2015-30.11.30 indexed on inflation
1.28%
—
New Zealand 2.5 % Treasury Bonds 2014-20.09.35 Inflation Lkd to CPI Index Series II0935
1.24%
—
Spain 0.7 % Treasury Bonds 2018-30.11.33 Inflation Lkd to CPI Index
1.23%
XCLWP
Australia - 3% BD REDEEM 20/09/2025 AUD 1000
1.2%
TUVT20040435
Colombia Titulos de Tesoreria 2015-4.4.35 Linked to IPC Prin and Int in Pesos
1.18%
TRTQ
United Kingdom - 0.75% LS REDEEM 22/03/2034 GBP 100
1.18%
T27
United Kingdom - 1.25% LS REDEEM 22/11/2027 GBP 100
1.18%
—
NOTA DO TESOURO NACIONAL NOTES 05/25 6
1.17%
Invest with WIP
Trade WIP Options

What is WIP?

The FTSE International Inflation-Linked Securities Select Index is designed to measure the total return performance of inflation-linked bonds outside the United States with fixed-rate coupon payments that are linked to an inflation index. Inflation-protected public obligations of the inflation-linked government bond markets of developed and emerging market countries, commonly known in the United States as TIPS, are securities issued by such governments that are designed to provide inflation protection to investors. The Index includes government debt (direct obligations of the issuer country) but does not include quasi-government debt or corporate debt.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

WIP
Performance Measures**

for the time period Mar 19, 2008 to Dec 4, 2025

Returns

1M Trailing Return: 2.3%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 3.3%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -29.6%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 10.4%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.15

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.03

The annualized return divided by the max drawdown for the selected time period.

ETFs related toWIP

ETFs correlated to WIP include IGOV, IBDY, IBND

WIP
SPDR Series Trust - SPDR Citi International Government Inflation-Protected Bond ETF
IGOV
BlackRock Institutional Trust Company N.A. - iShares International Treasury Bond ETF
IBDY
iShares Trust - iShares iBonds Dec 2033 Term Corporate ETF
IBND
SPDR Series Trust - SPDR Bloomberg International Corporate Bond ETF
BWX
SPDR Series Trust - SPDR Bloomberg International Treasury Bond ETF
PYLD
Pimco Exchange Traded Fund - PIMCO Multisector Bond Active Exchange-Traded Fund
BINC
BlackRock ETF Trust II - BlackRock Flexible Income ETF
UDN
Invesco DB US Dollar Index Trust - Invesco DB US Dollar Index Bearish Fund -1x Shares
DIAL
Columbia ETF Trust I - Columbia Diversified Fixed Income Allocation ETF
EBND
SPDR Series Trust - SPDR Bloomberg Emerging Markets Local Bond ETF
EMLC
VanEck ETF Trust - VanEck J.P. Morgan EM Local Currency Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toWIP

IRA

Category

Global macro, Long/short, Volatility timing, Currencies, Commodities, Crypto, Tech tilt, Leveraged ETFs, Risk-on/risk-off

OOS Cumulative Return

3.74%

Portfolio Consolidation 1

Category

Multi-asset, tactical, long/short, momentum & mean-reversion, volatility hedging, leveraged ETFs

OOS Cumulative Return

-1.21%

Create your own algorithmic trading strategy with WIP using Composer

FAQ

WIP is a Global Ex. US Bonds ETF. The FTSE International Inflation-Linked Securities Select Index is designed to measure the total return performance of inflation-linked bonds outside the United States with fixed-rate coupon payments that are linked to an inflation index. Inflation-protected public obligations of the inflation-linked government bond markets of developed and emerging market countries, commonly known in the United States as TIPS, are securities issued by such governments that are designed to provide inflation protection to investors. The Index includes government debt (direct obligations of the issuer country) but does not include quasi-government debt or corporate debt.

WIP tracks the FTSE International Inflation-Linked Securities Select Index.

No, WIP is not actively managed. It is passively managed. 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.

Yes, WIP is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on WIP is -0.0385%. This is the percent change in the value of WIP over the most recent 1-month period. The 3-month return on WIP is -0.05%. This is the percent change in the value of WIP over the most recent 3-month period.

The standard deviation of WIP for the past year is 0.1492%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to WIP include VTIP, STIP, and TIP.

ETFs correlated to WIP include IGOV, IBDY, and IBND.

ETFs that are inversely correlated to WIP include UUP, USDU, and EUO.

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.