IBIG vs SPY
IBIG vs SPY
iShares iBonds Oct 2030 Term TIPS ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | IBIG | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.10% | 0.09% | |
| AUM | $140M | $789.1B | |
| Dividend Yield | 3.91% | 1.01% | |
| Holdings | 6 | 505 | |
| YTD Return | +1.37% | +13.79% | |
| 1Y Return | +2.31% | +23.66% | |
| 3Y Return (annualized) | +5.59% | +21.40% | |
| 5Y Return (annualized) | - | +13.37% | |
| Volatility (annualized) | 3.9% | 15.3% | |
| Max Drawdown | -3.2% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management | |
| Category | Fixed Income | Equity | |
| Inception | Sep 19, 2023 | Jan 22, 1993 |
IBIG vs SPY Performance
iShares iBonds Oct 2030 Term TIPS ETF (IBIG) is a ETF from iShares by BlackRock (US) and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year IBIG returned +2.31% while SPY returned +23.66%. Year to date, IBIG is up 1.37% versus a gain of 13.79% for SPY.
Over three years, IBIG compounded at +5.59% per year against +21.40% for SPY. Across the full 3-year window we track, SPY has the edge at +8.85% annualized vs +5.59%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 3.9% for IBIG. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -3.2% for IBIG and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.36. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IBIG charges 0.10% per year while SPY charges 0.09%. On a $10,000 position that is $10 vs $9 annually, a gap of $1 per year that compounds over a long holding period. On income, IBIG currently yields 3.91% against 1.01% for SPY.
Holdings Overlap
IBIG and SPY share 0 holdings out of 507 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IBIG or SPY?
IBIG has an expense ratio of 0.10% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $1 per year of difference.
Which performed better, IBIG or SPY?
Over the past year IBIG returned +2.31% vs +23.66% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (3 years), IBIG annualized +5.59% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, IBIG or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 3.9% for IBIG. Worst drawdown: IBIG -3.2% vs SPY -56.5%.
Should I hold both IBIG and SPY?
IBIG and SPY have a monthly-return correlation of 0.36, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IBIG and SPY?
IBIG and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, IBIG or SPY?
IBIG yields 3.91% while SPY yields 1.01%, so IBIG currently pays the higher dividend yield.
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