AGRO vs. TIP
AGRO (Adecoagro S.A.) is a stock, while TIP (iShares TIPS Bond ETF) is Inflation-Protected Bonds fund tracking the ICE U.S. Treasury Inflation Linked Bond Index. Over the past 10 years, AGRO returned 0.95%/yr vs 2.34%/yr for TIP. At a 0.01 correlation, their price movements are largely independent.
Performance
AGRO vs. TIP - Performance Comparison
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Returns By Period
In the year-to-date period, AGRO achieves a 31.16% return, which is significantly higher than TIP's 1.00% return. Over the past 10 years, AGRO has underperformed TIP with an annualized return of 0.95%, while TIP has yielded a comparatively higher 2.34% annualized return.
AGRO
- 1D
- 3.10%
- 1M
- -11.80%
- 6M
- 24.56%
- YTD
- 31.16%
- 1Y
- 12.50%
- 3Y*
- 5.30%
- 5Y*
- 4.61%
- 10Y*
- 0.95%
TIP
- 1D
- 0.01%
- 1M
- -0.38%
- 6M
- 0.76%
- YTD
- 1.00%
- 1Y
- 3.30%
- 3Y*
- 4.07%
- 5Y*
- 0.66%
- 10Y*
- 2.34%
AGRO vs. TIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AGRO Adecoagro S.A. | 31.16% | -12.37% | -12.39% | 38.60% | 11.50% | 12.94% | -18.76% | 20.26% | -32.69% | -0.39% |
TIP iShares TIPS Bond ETF | 1.00% | 6.77% | 1.65% | 3.80% | -12.26% | 5.68% | 10.84% | 8.35% | -1.42% | 2.92% |
Correlation
The correlation between AGRO and TIP is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jan 28, 2011 | 0.01 |
The correlation between AGRO and TIP shifts across timeframes, from -0.00 (1 year) to 0.12 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
AGRO vs. TIP — Risk / Return Rank
AGRO
TIP
AGRO vs. TIP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Adecoagro S.A. (AGRO) and iShares TIPS Bond ETF (TIP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AGRO | TIP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.57 | ||
| Sortino ratioReturn per unit of downside risk | -0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.16 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.41 | 1.59 | -1.18 |
| Martin ratioReturn relative to average drawdown | 1.04 | 4.58 | -3.54 |
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Drawdowns
AGRO vs. TIP - Drawdown Comparison
The maximum AGRO drawdown since its inception was -73.70%, which is greater than TIP's maximum drawdown of -14.57%. Use the drawdown chart below to compare losses from any high point for AGRO and TIP.
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Drawdown Indicators
| AGRO | TIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.70% | -14.57% | -59.13% |
Max Drawdown (1Y)Largest decline over 1 year | -39.99% | -1.98% | -38.01% |
Max Drawdown (3Y)Largest decline over 3 years | -39.99% | -4.54% | -35.45% |
Max Drawdown (5Y)Largest decline over 5 years | -45.34% | -14.51% | -30.83% |
Max Drawdown (10Y)Largest decline over 10 years | -72.07% | -14.51% | -57.56% |
Current DrawdownCurrent decline from peak | -32.08% | -0.85% | -31.23% |
Average DrawdownAverage peak-to-trough decline | -31.48% | -3.42% | -28.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.75% | 0.69% | +15.06% |
Volatility
AGRO vs. TIP - Volatility Comparison
Adecoagro S.A. (AGRO) has a higher volatility of 16.23% compared to iShares TIPS Bond ETF (TIP) at 1.25%. This indicates that AGRO's price experiences larger fluctuations and is considered to be riskier than TIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AGRO | TIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.23% | 1.25% | +14.98% |
Volatility (6M)Calculated over the trailing 6-month period | 40.67% | 2.54% | +38.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.55% | 3.47% | +45.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.03% | 6.20% | +35.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.97% | 5.73% | +34.24% |
Dividends
AGRO vs. TIP - Dividend Comparison
AGRO's dividend yield for the trailing twelve months is around 2.87%, less than TIP's 4.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGRO Adecoagro S.A. | 2.87% | 4.41% | 3.63% | 2.95% | 3.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TIP iShares TIPS Bond ETF | 4.44% | 3.46% | 2.52% | 2.73% | 6.96% | 4.28% | 1.17% | 1.75% | 2.71% | 2.07% | 1.48% | 0.34% |
Frequently Asked Questions
AGRO and TIP have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AGRO has higher volatility (16.23%) compared to TIP (1.25%). In terms of maximum drawdown, AGRO dropped -73.70% vs TIP's -14.57%.
TIP currently has the higher Sharpe Ratio (0.91 vs 0.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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