SPDR FTSE International Government Inflation-Protected Bond ETF (WIP)
ARCA ARCA Primary Summary
WIP Chart
SPDR FTSE International Government Inflation-Protected Bond ETF (NYSEARCA:WIP) Short Interest Update
SPDR FTSE International Government Inflation-Protected Bond ETF (NYSEARCA:WIP - Get Free Report) was the target of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 155,701 shares, a growth of 122.2% from the February 12th total of 70,072 shares. Currently, 1.7% of the company's
WIP: An Oddity But Useful All The Same
WIP offers exposure to non-US inflation-linked government bonds, aiming to hedge against inflation outside the US for dollar-based investors. The ETF closely tracks its index, but the 0.50% expense ratio and management fees erode returns versus the benchmark. I question the utility for US retail investors since FX rates tend to offset inflation protection in foreign currencies over time.
SPDR FTSE International Government Inflation-Protected Bond ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 1 | $39.39 | $39.1 | -$0.29 | -0.74% |
| RS Ramu Singh CALTON & ASSOCIATES Inc. | 13,519 | $534,706.82 | $529,471.63 | -$5,235.19 | -0.98% |
| RG Robert Glass AlphaCentric Advisors LLC | 3,244 | $127,829.46 | $127,878.48 | $49.02 | 0.04% |
 Daniel Bennett APS Management Group Inc. | 5,694 | $223,289.34 | $222,493.05 | -$796.29 | -0.36% |
 Mark Fiskio Empirical Asset Management LLC | 10,938 | $531,221.7 | $428,550.84 | -$102,670.86 | -19.33% |
SPDR FTSE International Government Inflation-Protected Bond ETF (WIP) FAQ
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Has SPDR FTSE International Government Inflation-Protected Bond ETF ever had a stock split?
SPDR FTSE International Government Inflation-Protected Bond ETF Profile
| ARCA Exchange | US Country |
Overview
This organization is a fund that focuses on investment strategies primarily involving inflation-linked bonds from markets outside the United States. The key investment approach is to allocate at least 80% of its total assets in securities that are either part of its benchmark index or possess economic characteristics similar to those securities. The index aimed at by the fund is specifically devised to track the performance of international inflation-linked bonds that offer fixed-rate coupon payments adjusted for inflation, providing investors a hedge against the inflationary erosion of returns. The fund operates with a non-diversified strategy, concentrating its investments more narrowly than diversified funds might.
Products and Services
- Inflation-Linked Bond Investment Services
The primary service offered by the fund involves the investment in inflation-linked bonds issued outside of the United States. These bonds are unique because their coupon payments adjust based on inflation rates, protecting investors against the loss of purchasing power over time. The fund targets bonds that are part of a specific index designed to track the international inflation-linked bond market, ensuring a focused investment approach tailored towards inflation protection.
- Economic Characteristic-Based Investment Strategy
In addition to investing directly in the securities comprising its benchmark index, the fund employs an investment strategy that includes buying securities determined by the Adviser to have economic characteristics similar to those in the index. This strategy allows for flexibility in investment choices while still aligning closely with the fund's overall objective of tracking inflation-linked bond performance. It facilitates the opportunity to diversify tactically within the realm of inflation-linked securities while adhering to the fund's core investment philosophy.
