State Street SPDR Bloomberg 1-10 Year TIPS ETF (TIPX)
State Street SPDR Bloomberg 1-10 Year TIPS ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $18.60, up 0.00% on the session, giving a market capitalisation of $1.90B. Its beta of 0.45 implies it has historically moved less than the broad market.
The State Street SPDR Bloomberg 1-10 Year TIPS ETF (TIPX) aims to replicate the price and yield performance of the Bloomberg 1-10 Year U.S Government Inflation-Linked Bond Index, prior to accounting for administrative costs. It primarily invests in Treasury Inflation-Protected Securities (TIPS) with maturities ranging from one to ten years, with a central objective of safeguarding investment purchasing power from inflationary pressures. The fund's holdings are rebalanced on the final calendar day of each month.
State Street SPDR Bloomberg 1-10 Year TIPS ETF is most often compared with the following Financial Services names: