State Street launches the SPDR 1-10 Year TIPS ETF (TIPX), set to track the Barclays 1-10 Year...

|About: SPDR Barclays 1-10 Year ... (TIPX)|By:, SA News Editor
State Street launches the SPDR 1-10 Year TIPS ETF (TIPX), set to track the Barclays 1-10 Year Government Inflation-linked Bond Index. It appears similar in structure to another State Street TIPS fund (IPE), but with an expense ratio 3.5 bps lower at 0.15%. Also launched is the SPDR S&P Global Dividend ETF (WDIV), set to track the S&P Global Dividend Aristocrats Index. It has a cost of 0.40% and joins competitors DEW and LVL, each of those with coming with slightly higher costs.