SPY vs WTIP
State Street SPDR S&P 500 ETF Trust vs WisdomTree Inflation Plus Fund ETF
Which is better, SPY or WTIP?
Large Cap Blend against Inflation Protection.
SPY has a lower expense ratio. WTIP led over 1Y and the full window.
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 | SPY | WTIP |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.65% |
| AUM | $804.7B | $24M |
| Dividend Yield | 0.98% | 3.68% |
| Holdings | 505 | 21 |
| YTD Return | +12.22% | +13.46%Best |
| 1Y Return | +16.97% | +26.17%Best |
| 3Y Return (annualized) | +21.16% | - |
| 5Y Return (annualized) | +13.00% | - |
| Volatility (annualized) | 11.9%Best | 12.8% |
| Max Drawdown | -8.9%Best | -16.5% |
| $10,000 over 1.2 years | $12,815 | $12,893Best |
| Fund Family | State Street Investment Management | WisdomTree Investments |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Inflation Protection |
| Inception | Jan 22, 1993 | Jun 18, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jun 18, 2025 to Sep 17, 2026 (1.2 years).
SPY vs WTIP 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 covers the 1.2 years both funds cover.
SPY vs WTIP Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and WisdomTree Inflation Plus Fund ETF (WTIP) is an ETF from WisdomTree Investments. Over the past year SPY returned +16.97% while WTIP returned +26.17%. Year to date, SPY is up 12.22% versus a gain of 13.46% for WTIP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WTIP has been the more volatile fund, with annualized monthly volatility of 12.8% compared with 11.9% for SPY. 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 -8.9% for SPY and -16.5% for WTIP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.03. They move largely independently of each other.
Fees and Cost Over Time
SPY charges 0.09% per year while WTIP charges 0.65%. On a $10,000 position that is $9 vs $65 annually, a gap of $56 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 3.68% for WTIP.
You are not choosing between two funds in isolation.
Whichever of SPY and WTIP 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, SPY or WTIP?
SPY has an expense ratio of 0.09% while WTIP charges 0.65%. SPY is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, SPY or WTIP?
Over the past year SPY returned +16.97% vs +26.17% for WTIP, so WTIP leads on 1-year performance. Over the longest common window we track (1 years), SPY annualized +22.96% vs +23.58% for WTIP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or WTIP?
WTIP has been the more volatile fund at 12.8% annualized versus 11.9% for SPY. Worst drawdown: SPY -8.9% vs WTIP -16.5%.
Should I hold both SPY and WTIP?
SPY and WTIP have a monthly-return correlation of 0.03, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SPY or WTIP?
SPY yields 0.98% while WTIP yields 3.68%, so WTIP currently pays the higher dividend yield.
Is WTIP better than SPY?
SPY has a lower expense ratio. WTIP led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.