Which returned more over the last year, SPY or TIP?

In the year to Sep 12, 2026, with distributions reinvested, SPY returned +17.5% and TIP returned −1.0%, so SPY returned more. One year is one year; the longer windows are in the table.

Which is cheaper, SPY or TIP?

SPY charges 0.09% a year and TIP charges 0.18%, so SPY is cheaper. Fees come from each fund's prospectus.

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

SPY vs TIP: how they differ

SPY and TIP hold 0% of their weight in the same names, and SPY returned more over the year.

SPDR S&P 500 ETF Trust and iShares TIPS Bond ETF.

What they hold in common

By the books each fund has filed, SPY and TIP hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in SPY	Only in TIP
NVIDIA Corp. 7.52%	United States of America 4.10%
Apple, Inc. 6.59%	United States of America 4.04%
Microsoft Corp. 4.30%	United States of America 3.63%
Amazon.com, Inc. 3.62%	United States of America 3.44%
Alphabet, Inc. 3.25%	United States of America 3.41%
Broadcom, Inc. 2.77%	United States of America 3.39%
Alphabet, Inc. 2.59%	United States of America 3.37%
Micron Technology, Inc. 2.02%	United States of America 3.36%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.

SPY and TIP on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	SPY SPDR S&P 500 ETF Trust	TIP iShares TIPS Bond ETF
Where it sits	Core index fund	Core index fund
Issuer	State Street	iShares
What it is	S&P 500, book from IVV	TIPS Bond
Total return, 1 year	+17.5%	−1.0%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	0.0 pts	−18.5 pts
Expense ratio	0.09%	0.18%
Holdings	504	48

SPY in plain words

SPY is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 504 positions, with the top ten at 36.4%.

TIP in plain words

TIP is a bond fund tracking the TIPS Bond. Over the year to Sep 11, 2026 it returned −1.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year.

Questions people ask

Which returned more over the last year, SPY or TIP?: In the year to Sep 12, 2026, with distributions reinvested, SPY returned +17.5% and TIP returned −1.0%, so SPY returned more. One year is one year; the longer windows are in the table.
Which is cheaper, SPY or TIP?: SPY charges 0.09% a year and TIP charges 0.18%, so SPY is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where to next

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

SPY against TIP, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, SPY against TIP, data as of Sep 12, 2026. https://etfiq.com/compare/any/SPY-TIP Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources