About SPDR Portfolio TIPS ETF (SPIP)

The SPDR Portfolio TIPS ETF (SPIP) is a popular exchange-traded fund that focuses on providing investors with exposure to Treasury Inflation-Protected Securities (TIPS). TIPS are a type of bond issued by the U.S. government that offers protection against inflation. By investing in SPIP, investors can benefit from the potential upside of inflation while also having downside protection. This makes SPIP an attractive option for investors looking to diversify their portfolio and hedge against inflation.

One of the key advantages of investing in SPIP is its low expense ratio. With an expense ratio of just 0.12%, SPIP is one of the most cost-effective ways to gain exposure to TIPS. This can be particularly appealing to long-term investors who are looking to minimize costs and maximize returns. Additionally, SPIP has a relatively low turnover rate, which means that investors can expect minimal capital gains distributions and potential tax savings.