SPIP vs TIP
State Street SPDR Portfolio TIPS ETF compared with iShares TIPS Bond ETF on yield, payout growth, payment schedule, cost and risk.
SPIP
State Street SPDR Portfolio TIPS ETF
TTM yield · Monthly
TIP
iShares TIPS Bond ETF
TTM yield · Monthly
Quick take
- TIP yields more today: 10.39% vs 0.92% (forward).
- Both pay every month.
- Over the last year TIP delivered the higher total return: -0.2% vs -1.0% (price change plus payouts).
- SPIP is cheaper to own: 0.12% vs 0.18% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | SPIP | TIP |
|---|---|---|
| Share price | $24.72 | $106.24 |
| TTM yield | 5.46% | 4.43% |
| Forward yield | 0.92% | 10.39% |
| Annual payout per share | $0.228 | $11.043 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Nov 1, 2026 (est.) |
| Expense ratio | 0.12% | 0.18% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 33/100 | 37/100 |
| 1-year total return | -1.0% | -0.2% |
| 1-year price return | -6.1% | -4.5% |
| Size (market cap / AUM) | 1.0B | 14.2B |
| Years paying | 19.3 | 22.8 |
| Sector / category | Inflation-Protected Bond | Inflation-Protected Bond |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| SPIP | TIP | |
|---|---|---|
| Shares | 404.5 | 94.1 |
| Income per year | $92 | $1,039 |
| Income per month (avg) | $8 | $87 |
At forward yields, before taxes. Model SPIP · Model TIP
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| SPIP Oct 31, 2026 | Nov 14, 2026 | $0.019 | Est. |
| SPIP Nov 30, 2026 | Dec 14, 2026 | $0.019 | Est. |
| SPIP Dec 30, 2026 | Jan 13, 2027 | $0.019 | Est. |
| TIP Nov 1, 2026 | Nov 15, 2026 | $0.9202 | Est. |
| TIP Dec 1, 2026 | Dec 15, 2026 | $0.9203 | Est. |
| TIP Dec 31, 2026 | Jan 14, 2027 | $0.9203 | Est. |
Annual payouts per share
SPIPTIP
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, SPIP or TIP?
SPIP currently has the higher trailing yield: SPIP yields 5.46% and TIP yields 4.43%. Yield changes daily with price, so check the live figures above.
How often do SPIP and TIP pay?
SPIP pays every month and TIP pays every month. SPIP's next ex-date is Oct 31, 2026 and TIP's is Nov 1, 2026.
Is SPIP or TIP better for income?
It depends on what you are optimising for. SPIP and TIP differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.