Skip to Content
ETFs

SPDR FTSE International Government Inflation-Protected Bond ETF

WIP
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 13 2008
Expense Ratio
0.50%
Type
Global Ex. US Bonds
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$4,259,040
AUM
$527,705,160
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
1.71%
BL56
Germany Inflationsindexierte Bundesobl. 2015-15.4.26 var.
1.38%
T41
United Kingdom - 0.125% LS REDEEM 10/08/2041 GBP 0.01
1.38%
TR24
United Kingdom - 0.125% LS REDEEM 22/03/2024 GBP 100
1.26%
BTU0300144
Chile - 3% BD REDEEM 01/01/2044 CLF
1.25%
n/a
Spain (no min./no max) 2015-30.11.30 indexed on inflation
1.25%
T28
United Kingdom - 0.125% LS REDEEM 10/08/2028 GBP 100
1.24%
76019920240815
Brazil Notas do Tesouro Nacional 2003-15.8.24 Series B Linked to IPCA
1.22%
n/a
Spain 0.65 % Treasury Bonds 2017-30.11.27 Inflation Lkd to HICP All Items ExTobacco
1.15%
n/a
Spain 0.7 % Treasury Bonds 2018-30.11.33 Inflation Lkd to CPI Index
1.14%
Invest with WIP

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.

ETFs related toWIP

ETFs correlated to WIP include IGOV, IBND, BWX

WIP
SPDR Series Trust - SPDR Citi International Government Inflation-Protected Bond ETF
IGOV
BlackRock Institutional Trust Company N.A. - iShares International Treasury Bond ETF
IBND
SPDR Series Trust - SPDR Bloomberg International Corporate Bond ETF
BWX
SPDR Series Trust - SPDR Bloomberg International Treasury Bond 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
RPAR
Tidal ETF Trust - RPAR Risk Parity 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
AOK
BlackRock Institutional Trust Company N.A. - iShares Core Conservative Allocation ETF
LEMB
BlackRock Institutional Trust Company N.A. - iShares 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.

Automated Strategies
Related toWIP

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#HFEAR

Hedgefundie's Excellent Adventure Refined

Category

Balance Risk Not Assets, Lever Up, Composer's Picks

Risk Rating

Aggressive

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 0.0552%. This is the percent change in the value of WIP over the most recent 1-month period. The 3-month return on WIP is 0.0591%. 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 0.1661%. 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 TIP, STIP, and SCHP.

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

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.