SPDR® FTSE International Government Inflation-Protected Bond ETF WIP

NAV
$43.26
as of Jan 27 2023
Base Currency
USD
Assets Under Management
$527.82 M
as of Jan 27 2023
Gross Expense Ratio
0.50%

Key Features


  • The SPDR® FTSE International Government Inflation-Protected Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of FTSE International Inflation-Linked Securities Select Index (the “Index”)
  • Seeks to provide exposure to inflation-linked bonds of developed and emerging market countries outside of the US
  • Seek to hedge against the erosion of purchasing power due to inflation outside of the U.S.
  • Rebalanced on the last business day of the month


About this Benchmark


The FTSE International Inflation-Linked Securities Select Index is designed to measure the total return performance of inflation-linked bonds outside the United States with fixed-rate coupon payments that are linked to an inflation index. Inflation-protected public obligations of the inflation-linked government bond markets of developed and emerging market countries, commonly known in the United States as TIPS, are securities issued by such governments that are designed to provide inflation protection to investors. The Index includes government debt (direct obligations of the issuer country) but does not include quasi-government debt or corporate debt.


Fund Information as of Jan 30 2023

Benchmark FTSE International Inflation-Linked Securities Select Index
Inception Date Mar 13 2008
Options Available No
Gross Expense Ratio
0.50%
Base Currency USD
Administrator State Street Global Advisors Funds Management Inc.
Investment Manager SSGA Funds Management, Inc.
Management Team Global Fixed Income, Cash and Currency
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Monthly

Listing Information as of Jan 30 2023

Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE Mar 19 2008 USD WIP 78464A490 US78464A4904

Fund Characteristics as of Jan 27 2023

Number of Holdings 206
Average Coupon
1.85%
Average Maturity in Years
11.69
Average Yield To Worst
5.26%
Yield to Maturity
5.26%

Index Characteristics as of Jan 27 2023

Number of Holdings 176
Average Coupon 1.91%
Average Maturity in Years 11.68
Average Yield To Worst 5.26%
Yield to Maturity 5.26%

Yields as of Jan 26 2023

30 Day SEC Yield
1.15%
30 Day SEC Yield (Unsubsidized)
-
Fund Distribution Yield
10.62%

Fund Market Price as of Jan 27 2023

Bid/Ask
$43.08
Closing Price
$42.95
Day High $43.20
Day Low $42.95
Exchange Volume (Shares)
3,829
Premium/Discount
-0.42%
30-Day Median Bid/Ask Spread
0.35%

Premium Discount to NAV Graph and Summary

Number of Days Summary

Calendar Year 2022
Days Traded at Premium
152
Days Traded at Discount
99

Because ETFs trade like stocks at current market prices, shareholders may pay more than a fund’s NAV when purchasing fund shares and may receive less than a fund’s NAV when selling fund shares.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.


Fund Net Cash Amount as of Jan 27 2023

Net Cash Amount $3,535,293.68

Fund Net Asset Value as of Jan 27 2023

NAV
$43.26
Shares Outstanding 12.20 M
Assets Under Management $527.82 M

Fund Performance

  • Fund Inception Date: Mar 13 2008

as of Dec 31 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Mar 13 2008
Fund Before Tax
NAV Dec 31 2022 -0.71% 6.29% -15.41% -15.41% -4.24% -2.12% -1.09% 0.41%
Market Value Dec 31 2022 -2.78% 5.90% -15.44% -15.44% -4.25% -2.15% -1.17% 0.39%
FTSE International Inflation-Linked Securities Select Index Dec 31 2022 -0.61% 7.24% -14.78% -14.78% -3.53% -1.53% -0.53% 1.13%
Fund After Tax
Return after Taxes on Distributions Dec 31 2022 -1.29% 5.16% -18.76% -18.76% -6.26% -3.55% -2.13% -0.65%
Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2022 -0.42% 3.71% -9.00% -9.00% -3.87% -2.07% -1.15% -0.03%
FTSE International Inflation-Linked Securities Select Index Dec 31 2022 -0.61% 7.24% -14.78% -14.78% -3.53% -1.53% -0.53% 1.13%

as of Dec 31 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Mar 13 2008
Fund Before Tax
NAV Dec 31 2022 -0.71% 6.29% -15.41% -15.41% -4.24% -2.12% -1.09% 0.41%
Market Value Dec 31 2022 -2.78% 5.90% -15.44% -15.44% -4.25% -2.15% -1.17% 0.39%
FTSE International Inflation-Linked Securities Select Index Dec 31 2022 -0.61% 7.24% -14.78% -14.78% -3.53% -1.53% -0.53% 1.13%
Fund After Tax
Return after Taxes on Distributions Dec 31 2022 -1.29% 5.16% -18.76% -18.76% -6.26% -3.55% -2.13% -0.65%
Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2022 -0.42% 3.71% -9.00% -9.00% -3.87% -2.07% -1.15% -0.03%
FTSE International Inflation-Linked Securities Select Index Dec 31 2022 -0.61% 7.24% -14.78% -14.78% -3.53% -1.53% -0.53% 1.13%

Past performance is not a reliable indicator of future performance. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment.  All results are historical and assume the reinvestment of dividends and capital gains. It is not possible to invest directly in an index.

Performance returns for periods of less than one year are not annualized.  Performance is shown net of fees.

Index returns are unmanaged and do not reflect the deduction of any fees or expenses. Index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income as applicable.

The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

The FTSE International Inflation-Linked Securities Select Index reflects linked performance returns of both the Citi International Inflation-Linked Securities Select Index and the DB Global Government ex-US Inflation-Linked Bond Capped Index. The index returns are reflective of the DB Global Government ex-US Inflation-Linked Bond Capped Index from fund inception until February 12, 2016 and of the Citi International Inflation-Linked Securities Select Index effective February 12, 2016.  On May 31, 2018, the fund’s benchmark index, the Citi International Inflation-Linked Securities Select Index was rebranded the FTSE International Inflation-Linked Securities Select Index.

Gross Expense Ratio: 0.50%


Top Holdings

as of Jan 27 2023
as of Jan 27 2023

Fund Top Holdings as of Jan 27 2023

Name Market Value ISIN Weight
DEUTSCHLAND I/L BOND 0.5 04/15/2030 8,729,307.36 DE0001030559 1.68%
UNITED KINGDOM I/L GILT 0.125 08/10/2041 7,730,162.81 GB00BGDYHF49 1.49%
UNITED KINGDOM I/L GILT 0.125 03/22/2024 7,372,461.75 GB00B85SFQ54 1.42%
DEUTSCHLAND I/L BOND 0.1 04/15/2026 7,305,127.24 DE0001030567 1.41%
SPAIN I/L BOND 1 11/30/2030 6,349,036.98 ES00000127C8 1.22%
AUSTRALIAN GOVERNMENT 3 09/20/2025 6,284,583.68 AU0000XCLWP8 1.21%
BONOS TESORERIA GENL REP 3 01/01/2044 6,281,852.17 CL0002080597 1.21%
NOTA DO TESOURO NACIONAL 6 08/15/2024 6,246,237.51 BRSTNCNTB096 1.20%
UNITED KINGDOM I/L GILT 0.125 08/10/2028 6,234,677.95 - 1.20%
TITULOS DE TESORERIA 4.75 04/04/2035 6,149,508.37 COL17CT03441 1.19%

Index Top Holdings as of Jan 27 2023

Name ISIN Weight
DEUTSCHLAND I/L BOND .5 04/15/2030 DE0001030559 1.70%
DEUTSCHLAND I/L BOND .1 04/15/2026 DE0001030567 1.37%
SPAIN I/L BOND 1 11/30/2030 ES00000127C8 1.25%
NOTA DO TESOURO NACIONAL 6 08/15/2024 BRSTNCNTB096 1.20%
BONOS TESORERIA GENL REP 3 01/01/2044 CL0002080597 1.18%
AUSTRALIAN GOVERNMENT 3 09/20/2025 AU0000XCLWP8 1.17%
TITULOS DE TESORERIA 4.75 04/04/2035 COL17CT03441 1.14%
SPAIN I/L BOND .7 11/30/2033 ES0000012C12 1.14%
SPAIN I/L BOND .65 11/30/2027 ES00000128S2 1.08%
NEW ZEALAND GVT ILB 2.5 09/20/2035 NZIIBDT004C8 1.06%

Sector Allocation

as of Jan 27 2023
as of Jan 27 2023

Fund Sector Breakdown as of Jan 27 2023

Sector Weight
Treasury 99.79%
Cash 0.21%

Index Sector Breakdown as of Jan 27 2023

Sector Weight
Treasury 99.94%
Cash 0.06%

Quality Breakdown

as of Jan 27 2023
as of Jan 27 2023

Fund Quality Breakdown as of Jan 27 2023

Name Weight
AAA 21.31%
A1 9.01%
A2 4.63%
AA2 8.75%
A3 4.50%
AA3 21.04%
B2 4.20%
BA2 4.26%
BA3 7.86%
BAA2 9.30%
BAA3 5.14%

Index Quality Breakdown as of Jan 27 2023

Name Weight
AAA 21.19%
A1 7.67%
AA2 7.95%
A3 4.51%
AA3 21.02%
B2 1.58%
BA2 0.58%
BA3 9.52%
BAA2 8.58%
BAA3 0.49%
Not Rated 16.91%

Maturity Ladder

as of Jan 27 2023
as of Jan 27 2023

Fund Maturity Ladder as of Jan 27 2023

Name Weight
0 - 1 Year 0.21%
1 - 2 Years 7.03%
2 - 3 Years 8.67%
3 - 5 Years 15.52%
5 - 7 Years 9.49%
7 - 10 Years 15.65%
10 - 15 Years 14.85%
15 - 20 Years 9.25%
20 - 30 Years 14.32%
> 30 Years 5.02%

Index Maturity Ladder as of Jan 27 2023

Name Weight
0 - 1 Year 0.25%
1 - 2 Years 6.82%
2 - 3 Years 8.61%
3 - 5 Years 15.56%
5 - 7 Years 9.65%
7 - 10 Years 15.65%
10 - 15 Years 15.41%
15 - 20 Years 8.17%
20 - 30 Years 15.16%
> 30 Years 4.72%

Geographical Breakdown


Purchase Information


Buying and Selling ETFs

ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.

ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

Ordinary brokerage commissions may apply.


In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.

Unless otherwise noted all information contained herein is that of the SPDR® FTSE International Government Inflation-Protected Bond ETF.

London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2018. FTSE Russell is a trading name of certain of the LSE Group companies. “FTSE®” is a trade mark(s) of the relevant LSE Group companies and is/are used by any other LSE Group company under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.

The FTSE International Inflation-Linked Securities Select Index reflects linked performance returns of both the Citi International Inflation-Linked Securities Select Index and the DB Global Government ex-US Inflation-Linked Bond Capped Index. The index returns are reflective of the DB Global Government ex-US Inflation-Linked Bond Capped Index from fund inception until February 12, 2016 and of the Citi International Inflation-Linked Securities Select Index effective February 12, 2016.  On May 31, 2018, the fund’s benchmark index, the Citi International Inflation-Linked Securities Select Index was rebranded the FTSE International Inflation-Linked Securities Select Index.