SPIP Fees and Costs — State Street(R) SPDR(R) Portfolio TIPS ETF
Data updated: 2026-09-11
The net expense ratio is 0.12%. There are no sales loads or redemption fees. Portfolio turnover was 21%.
SPIP Fees and Expenses
Annual operating expenses and sales charges of SPIP. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.12% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.12% |
| Fee waiver | — |
| Net expense ratio | 0.12% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
SPIP Costs Over Time
On $10,000 invested in SPIP, assuming 5% a year before costs, total costs come to $76 over 5 years, cutting the return by 0.13% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.12%) | $13 | $40 | $69 |
| Lost growth on money paid in costs | $0 | $2 | $7 |
| Total costs | $13 | $42 | $76 |
| Value after costs | $10,487 | $11,535 | $12,686 |
| Impact on return, per year | 0.13% | 0.13% | 0.13% |
SPIP Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $557.4M
- Portfolio turnover (prospectus): 21%
- Securities on loan, average value: $5.9M
- Net income from securities lending: $7K (0.001% of average net assets)
SPIP Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $222.5M | 40.48% |
| State Street Bank and Trust Company | $171.9M | 31.27% |
| Citadel Securities LLC | $47.9M | 8.72% |
| Citigroup Global Markets Inc. | $43.3M | 7.88% |
| Barclays Capital Inc. | $20.0M | 3.63% |
| BMO Capital Markets Corp. | $12.9M | 2.34% |
| Nomura Securities International, Inc. | $10.6M | 1.92% |
| Wells Fargo Securities, LLC | $10.1M | 1.83% |
| Morgan Stanley & Co. LLC | $5.4M | 0.98% |
| Deutsche Bank Securities Inc. | $5.2M | 0.95% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.