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SPSM vs TIP

Comparison between SPDR(R) PORTFOLIO S&P 600 SMALL CAP ETF (SPSM, ETF) and iShares TIPS Bond ETF (TIP, ETF).

5-Year PerformanceSPSM has outperformed TIP, delivering a return of +5.9% compared to +1.1%

SPSM vs TIP - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
SPSM
$14B
TIP
$14B
Expense Ratio
Winner
SPSM
0.03%
TIP
0.18%
Max Drawdown
SPSM
44.40%
Winner
TIP
21.96%
Sharpe Ratio
Winner
SPSM
1.68
TIP
0.31
5Y Beta
SPSM
1.02
Winner
TIP
0.04
P/E Ratio
SPSM
39.79
TIP
N/A
Forward P/E
SPSM
15.39
TIP
N/A
5Y Dividends CAGR
SPSM
9.59%
Winner
TIP
19.66%
5Y EPS CAGR
SPSM
13.67%
TIP
N/A
P/S Ratio
SPSM
1.12
TIP
N/A
P/B Ratio
SPSM
1.96
TIP
N/A

SPSM vs TIP - Historical Returns

Returns include dividend reinvestment.

1M
Winner
SPSM
+6.62%
TIP
+0.95%
3M
Winner
SPSM
+4.99%
TIP
+1.08%
6M
Winner
SPSM
+18.05%
TIP
+1.57%
1Y
Winner
SPSM
+35.48%
TIP
+5.14%
5Y(CAGR)
Winner
SPSM
+5.87%
TIP
+1.10%
10Y(CAGR)
Winner
SPSM
+11.19%
TIP
+2.64%
Max(CAGR)
Winner
SPSM
+9.81%
TIP
+3.54%

SPSM vs TIP - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

YearSPSMTIP
2026+14.20%+1.91%
2025+6.16%+6.61%
2024+9.09%+1.79%
2023+16.28%+3.44%
2022-17.04%-11.74%
2021+28.01%+5.56%
2020+11.63%+10.30%
2019+25.19%+8.18%
2018-12.00%-1.18%
2017+14.85%+2.82%
2016+24.71%+4.27%
2015-2.60%-2.38%
2014+6.28%+3.25%
2013+15.61%-8.44%
2012N/A+6.43%
2011N/A+13.75%
2010N/A+5.86%
2009N/A+11.02%
2008N/A-1.32%
2007N/A+11.43%
2006N/A+0.06%
2005N/A+2.52%
2004N/A+8.51%
2003N/A-0.02%

SPSM vs TIP Drawdown Comparison

The maximum drawdown for SPSM was -42.88%, occurring on Mar 23, 2020. Recovery took 212 trading sessions.

The maximum drawdown for TIP was -14.58%, occurring on Nov 24, 2008. Recovery took 395 trading sessions.

The current SPSM drawdown is -0.41%.

RankSPSMTIP
#1-42.88%
Jan 16, 2020 - Nov 17, 2020
-14.58%
Mar 10, 2008 - Oct 1, 2009
#2-27.95%
Nov 25, 2024 - Dec 11, 2025
-14.48%
Nov 9, 2021 - Feb 27, 2026
#3-26.41%
Aug 31, 2018 - Jan 16, 2020
-11.20%
Mar 6, 2020 - Apr 28, 2020
#4-26.41%
Nov 8, 2021 - Jul 16, 2024
-11.06%
Dec 6, 2012 - Mar 20, 2019
#5-25.40%
Jun 23, 2015 - Nov 11, 2016
-6.30%
Mar 17, 2004 - Sep 27, 2004
#6-12.78%
Jul 1, 2014 - Dec 23, 2014
-5.77%
Oct 14, 2010 - Apr 19, 2011
#7-10.08%
Mar 4, 2014 - Jul 1, 2014
-3.84%
Jun 1, 2005 - Aug 4, 2006
#8-9.88%
Jun 8, 2021 - Nov 1, 2021
-3.79%
Aug 10, 2011 - Nov 2, 2011
#9-9.27%
Mar 12, 2021 - Jun 1, 2021
-3.39%
Dec 4, 2006 - Mar 21, 2007
#10-9.12%
Jan 23, 2018 - May 16, 2018
-3.16%
Feb 9, 2005 - Apr 20, 2005
#11-9.08%
Jul 31, 2024 - Oct 16, 2024
-3.15%
Apr 30, 2007 - Jul 26, 2007
#12-8.72%
Feb 10, 2026 - Apr 14, 2026
-2.99%
Jan 28, 2021 - May 5, 2021
#13-7.21%
Jan 22, 2014 - Feb 26, 2014
-2.94%
Nov 26, 2007 - Jan 3, 2008
#14-6.49%
Jul 25, 2017 - Sep 25, 2017
-2.55%
Nov 27, 2009 - Apr 29, 2010
#15-5.12%
Apr 15, 2015 - Jun 18, 2015
-2.46%
Aug 29, 2019 - Jan 3, 2020

Correlation

Correlation between SPSM and TIP is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90
-101

Dividend Comparison (2003 - 2026)

SPSM vs TIP dividend yield comparison.

YearSPSMTIP
20260.31%0.50%
20251.62%3.46%
20241.85%2.52%
20231.61%2.73%
20221.38%6.96%
20211.40%4.28%
20201.34%1.17%
20191.58%1.75%
20181.82%2.71%
20171.51%2.07%
20161.49%1.48%
20152.37%0.34%
20141.70%1.67%
20130.68%1.15%
20120.00%2.22%
20110.00%4.10%
20100.00%2.50%
20090.00%3.89%
20080.00%6.30%
20070.00%4.25%
20060.00%4.32%
20050.00%5.42%
20040.00%3.92%
20030.00%0.12%

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