SPY vs TIPH
State Street SPDR S&P 500 ETF Trust vs Northern Trust 2056 Inflation-Linked Distributing Ladder ETF
Which is better, SPY or TIPH?
Large Cap Blend against US Inflation Protection.
SPY has a lower expense ratio.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | SPY | TIPH |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.10% |
| AUM | $823.2B | $2M |
| Dividend Yield | 0.99% | 0.00% |
| Holdings | 1,515 | 28 |
| YTD Return | +13.53%Best | -4.26% |
| 1Y Return | +17.47% | - |
| 3Y Return (annualized) | +22.36% | - |
| 5Y Return (annualized) | +13.21% | - |
| Fund Family | State Street Investment Management | Northern Trust Asset Management |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | US Inflation Protection |
| Inception | Jan 22, 1993 | Aug 25, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
SPY vs TIPH growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
SPY vs TIPH Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and Northern Trust 2056 Inflation-Linked Distributing Ladder ETF (TIPH) is an ETF from Northern Trust Asset Management. Year to date, SPY is up 13.53% versus a loss of 4.26% for TIPH.
Past performance does not guarantee future results.
Fees and Cost Over Time
SPY charges 0.09% per year while TIPH charges 0.10%. On a $10,000 position that is $9 vs $10 annually, a gap of $1 per year that compounds over a long holding period. On income, SPY currently yields 0.99% against 0.00% for TIPH.
Holdings Overlap
We hold position weights for 504 holdings in SPY and 23 in TIPH, totalling 99.8% and 81.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 504 positions we hold weights for in SPY and 23 in TIPH, against full books of 1,515 and 28.
You are not choosing between two funds in isolation.
Whichever of SPY and TIPH you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SPY or TIPH?
SPY has an expense ratio of 0.09% while TIPH charges 0.10%. SPY is the cheaper option, by $1 a year on a $10,000 investment.
Which pays a higher dividend, SPY or TIPH?
SPY yields 0.99% while TIPH yields 0.00%, so SPY currently pays the higher dividend yield.
Is TIPH better than SPY?
SPY has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.