Data as of Oct 28, 2026.

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SPSB vs TIP: Differences, Returns & Fees

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SPSB's duration was 1.8 years on Jun 30, 2026 and TIP's 6.3 on Jul 31, 2026; SPSB charges 0.04% to TIP's 0.18%.

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Net assets on Oct 27, 2026: $11.3bn for State Street SPDR Portfolio Short Term Corporate Bond ETF and $14.6bn for iShares TIPS Bond ETF.

At a glance
+2.2%
SPSB total return, 1 year
−1.0%
TIP total return, 1 year
0.04%
SPSB expense ratio
0.18%
TIP expense ratio

Pair scorecard

SPSB costs 0.14 points a year less; their one-year returns differ by 3.2 points; TIP is 1.3 times larger.

SPSB vs TIP: Differences, Returns & Fees
MeasureSPSBTIP
Return
Total return, 1 year+2.2%−1.0%
Benchmark
What it tracksBloomberg U.S. 1-3 Year Corporate Bond IndexICE U.S. Treasury Inflation Linked Bond Index
Cost and size
Expense ratio0.04%0.18%
Net assets, as of Oct 27, 2026$11.3bn$14.6bn
Holdings
Holdings in common0%

Holdings in common uses holdings dated Jun 30, 2026 and Jul 31, 2026. Method

What they share

0%

By the books each fund has filed, SPSB and TIP hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first SPSB TIP
Only in one fund ↓
Only in SPSB
Salesforce Inc, due Mar 15, 2029 0.56%
AerCap Ireland Capital DAC / AerCap Global Aviation Trust, due Oct 29, 2028 0.44%
Bank of America Corp, due Dec 20, 2028 0.42%
Citigroup Inc, due Mar 4, 2029 0.42%
Morgan Stanley, due Apr 10, 2030 0.38%
JPMorgan Chase & Co, due Jul 25, 2028 0.38%
Pfizer Investment Enterprises Pte Ltd, due May 19, 2028 0.37%
Sprint Capital Corp, due Nov 15, 2028 0.37%
Only in TIP
U.S. Treasury Inflation Linked Notes, due Jul 15, 2035 3.99%
U.S. Treasury Inflation Linked Notes, due Jan 15, 2035 3.94%
U.S. Treasury Inflation Linked Notes, due Jan 15, 2036 3.92%
U.S. Treasury Inflation Linked Notes, due Jul 15, 2034 3.71%
U.S. Treasury Inflation Linked Notes, due Jan 15, 2034 3.55%
U.S. Treasury Inflation Linked Notes, due Oct 15, 2030 3.37%
U.S. Treasury Inflation Linked Notes, due Apr 15, 2030 3.32%
U.S. Treasury Inflation Linked Notes, due Jan 15, 2033 3.31%
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Side by side

SPSB State Street SPDR Portfolio Short Term Corporate Bond ETF TIP iShares TIPS Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index of Short Term Corporate Bond Tracks an index of TIPS Bond
Total return, 1 year +2.2% −1.0%
Its benchmark over the same days −1.4% (AGG) −0.8% (VTP)
Gap to its benchmark +3.6 pts vs AGG −0.2 pts vs VTP
Expense ratio 0.04% 0.18%
Holdings 1684 48
Net assets, as of Oct 27, 2026 $11.3bn $14.6bn

SPSB and TIP on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
SPSB

SPSB tracks an index of Short Term Corporate Bond. Over the year to Oct 28, 2026 it returned +2.2% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.04% a year.

TIP

TIP tracks an index of TIPS Bond. Over the year to Oct 28, 2026 it returned −1.0% with distributions reinvested, against −0.8% for its benchmark, the ICE U.S. Treasury Inflation Linked Bond Index. The prospectus expense ratio is 0.18% a year.

Questions people ask

Which returned more over the last year, SPSB or TIP?
In the year to Oct 28, 2026, with distributions reinvested, SPSB returned +2.2% and TIP −1.0%.
Which is cheaper, SPSB or TIP?
SPSB is cheaper, by 0.14 percentage points a year. That is about $14 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, SPSB against TIP, data as of Oct 28, 2026. https://etfiq.com/compare/any/spsb-vs-tip

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