iShares Short-Term TIPS Bond Index Fund Class K (BKIPX) Sharpe Ratio: 1.12

BKIPX's Sharpe Ratio of 1.12 indicates that for each unit of volatility, it generates 1.12 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Aug 4, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

BKIPX Sharpe Ratio Rank

Below Average

BKIPX ranks above 32.2% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

Strong returns with low total volatility → Higher rank
High volatility (both upside and downside) → Lower rank
Consistent returns → Higher rank than volatile returns of same magnitude
Sharp drawdowns increase volatility → Lower rank

What you can do with this information

Returns may not adequately compensate for volatility taken
Consider smaller allocation given below-average risk-adjusted profile
Explore higher-ranked investments with better consistency
Assess whether the volatility profile aligns with your portfolio goals

BKIPX Sharpe Ratio Market Positioning

The chart shows BKIPX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

Red zone (bottom 25%): 0.93 or lower
Yellow zone (middle 50%): 0.93 to 1.83
Green zone (top 25%): 1.83 or higher
Top 1%: 3.71+
Median: 1.49 — half of all investments score higher

How it compares to other similar mutual funds

The table compares iShares Short-Term TIPS Bond Index Fund Class K's Sharpe Ratio with other mutual funds in the Inflation-Protected Bonds category across multiple time periods, showing how BKIPX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Aug 4, 2026.

Symbol	Name	1Y Sharpe Ratio
SEIAX	SEI Multi-Asset Real Return Fund Class A	2.31
VTSPX	Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares	2.23
VTAPX	Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares	2.20
VTIPX	Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares	2.18
IPBAX	Allspring Real Return Fund	1.74
APOIX	American Century Short Duration Inflation Protection Bond Fund Investor Class	1.73
RRPAX	SEI Institutional Investments Trust Real Return Fund	1.70
ALMIX	Invesco Short Duration Inflation Protected Fund	1.64
EIRRX	Eaton Vance Short Duration Inflation-Protected Income Fund	1.53
SRAAX	SEI Institutional Managed Trust Real Return Fund	1.53
BKIPX	iShares Short-Term TIPS Bond Index Fund Class K	1.12

Benchmark

Compare this symbol against anything

Time Period

How much price history to include in the calculation

Historical Sharpe Ratio

The chart shows BKIPX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when BKIPX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading charts...

Sharpe Ratio Calculator

How does BKIPX fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

Analyze Your Portfolio