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PBTP vs SPIP

Invesco 0-5 Yr US TIPS ETF vs State Street SPDR Portfolio TIPS ETF

PBTP

Invesco 0-5 Yr US TIPS ETF

Annual cost

0.07%

Fund size

$68M

SPIP

State Street SPDR Portfolio TIPS ETF

Annual cost

0.12%

Fund size

$1.0B

Key differences

Both PBTP and SPIP are fixed income ETFs. PBTP charges 0.07% a year and SPIP 0.12%. The main difference: SPIP is much larger than PBTP. Larger funds are usually more liquid and less likely to close.

  • SPIP is much larger than PBTP. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, PBTP has delivered higher annualized returns.
  • SPIP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PBTPSPIP
Annual cost (TER)0.07%0.12%
Fund size (AUM)$68M$1.0B
Since20172007
Dividend yield3.11%3.83%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+4.5%+4.2%
CAGR 3Y+5.1%+3.4%
CAGR 5Y+3.3%+0.8%
Sharpe 3Y0.67-0.01
Volatility 1Y1.55%3.60%
Max drawdown-5.44%-15.38%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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