ICPI vs SPY
iShares 0-1 Year TIPS Bond ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, ICPI or SPY?
ICPI and SPY are close on what we can measure.
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 | ICPI | SPY |
|---|---|---|
| Expense Ratio | 0.09%Tie | 0.09%Tie |
| AUM | $23M | $804.7B |
| Dividend Yield | 2.56% | 0.98% |
| Holdings | 7 | 505 |
| YTD Return | +3.29% | +10.96%Best |
| 1Y Return | - | +15.52% |
| 3Y Return (annualized) | - | +20.73% |
| 5Y Return (annualized) | - | +12.53% |
| Top 10 Weight | - | 37.8% |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Blend |
| Inception | Nov 19, 2025 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
ICPI vs SPY 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.
ICPI vs SPY Performance
iShares 0-1 Year TIPS Bond ETF (ICPI) is an ETF from iShares by BlackRock (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, ICPI is up 3.29% versus a gain of 10.96% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
ICPI charges 0.09% per year while SPY charges 0.09%. On a $10,000 position that is $9 vs $9 annually. On income, ICPI currently yields 2.56% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 6 holdings in ICPI and 504 in SPY, totalling 100.0% and 99.9% 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 6 positions we hold weights for in ICPI and 504 in SPY, against full books of 7 and 505.
What only one of them owns
Our book lists 497 positions for SPY that do not appear in our book for ICPI (99.3% of the fund), and 6 for ICPI that do not appear in SPY (100.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of ICPI and SPY 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, ICPI or SPY?
ICPI has an expense ratio of 0.09% while SPY charges 0.09%. At the precision these are quoted to, they cost the same.
Which pays a higher dividend, ICPI or SPY?
ICPI yields 2.56% while SPY yields 0.98%, so ICPI currently pays the higher dividend yield.
Is SPY better than ICPI?
ICPI and SPY are close on every measure we can compare. Which one suits a particular account depends on what it is for. This is information, not a recommendation.