ALLW vs. STIP
ALLW (SPDR Bridgewater All Weather ETF) and STIP (iShares 0-5 Year TIPS Bond ETF) are both exchange-traded funds - ALLW is a Tactical Allocation fund actively managed by State Street, while STIP is a Inflation-Protected Bonds fund tracking the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). ALLW is actively managed, while STIP is passively managed. Over the past year, ALLW returned 23.78% vs 4.68% for STIP. At a 0.39 correlation, their price movements are largely independent. ALLW charges 0.85%/yr vs 0.06%/yr for STIP.
Performance
ALLW vs. STIP - Performance Comparison
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Returns By Period
In the year-to-date period, ALLW achieves a 9.20% return, which is significantly higher than STIP's 2.04% return.
ALLW
- 1D
- -0.76%
- 1M
- 0.91%
- YTD
- 9.20%
- 6M
- 8.47%
- 1Y
- 23.78%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
STIP
- 1D
- 0.00%
- 1M
- 0.03%
- YTD
- 2.04%
- 6M
- 2.03%
- 1Y
- 4.68%
- 3Y*
- 5.23%
- 5Y*
- 3.37%
- 10Y*
- 3.18%
ALLW vs. STIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ALLW SPDR Bridgewater All Weather ETF | 9.20% | 15.04% |
STIP iShares 0-5 Year TIPS Bond ETF | 2.04% | 4.01% |
Correlation
The correlation between ALLW and STIP is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Mar 7, 2025 | 0.39 |
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Return for Risk
ALLW vs. STIP — Risk / Return Rank
ALLW
STIP
ALLW vs. STIP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bridgewater All Weather ETF (ALLW) and iShares 0-5 Year TIPS Bond ETF (STIP). 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.
| ALLW | STIP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.96 | ||
| Sortino ratioReturn per unit of downside risk | -2.53 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.69 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 3.30 | 6.76 | -3.46 |
| Martin ratioReturn relative to average drawdown | 14.01 | 26.37 | -12.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ALLW | STIP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.27 | 3.23 | -0.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.23 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.30 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.62 | 1.07 | +0.55 |
Drawdowns
ALLW vs. STIP - Drawdown Comparison
The maximum ALLW drawdown since its inception was -8.78%, which is greater than STIP's maximum drawdown of -5.50%. Use the drawdown chart below to compare losses from any high point for ALLW and STIP.
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Drawdown Indicators
| ALLW | STIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.78% | -5.50% | -3.28% |
Max Drawdown (1Y)Largest decline over 1 year | -7.23% | -0.69% | -6.54% |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.95% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -5.50% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -5.50% | — |
Current DrawdownCurrent decline from peak | -0.79% | -0.03% | -0.76% |
Average DrawdownAverage peak-to-trough decline | -1.20% | -0.99% | -0.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.70% | 0.18% | +1.52% |
Volatility
ALLW vs. STIP - Volatility Comparison
SPDR Bridgewater All Weather ETF (ALLW) has a higher volatility of 3.43% compared to iShares 0-5 Year TIPS Bond ETF (STIP) at 0.40%. This indicates that ALLW's price experiences larger fluctuations and is considered to be riskier than STIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALLW | STIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.43% | 0.40% | +3.03% |
Volatility (6M)Calculated over the trailing 6-month period | 8.71% | 0.99% | +7.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.52% | 1.46% | +9.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.54% | 2.75% | +9.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.54% | 2.45% | +10.09% |
ALLW vs. STIP - Expense Ratio Comparison
ALLW has a 0.85% expense ratio, which is higher than STIP's 0.06% expense ratio.
Dividends
ALLW vs. STIP - Dividend Comparison
ALLW's dividend yield for the trailing twelve months is around 4.28%, which matches STIP's 4.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
ALLW SPDR Bridgewater All Weather ETF | 4.28% | 4.67% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
STIP iShares 0-5 Year TIPS Bond ETF | 4.30% | 4.11% | 2.62% | 2.84% | 6.04% | 4.15% | 1.40% | 2.06% | 2.44% | 1.59% | 0.89% |
Frequently Asked Questions
ALLW and STIP have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALLW has higher volatility (3.43%) compared to STIP (0.40%). In terms of maximum drawdown, ALLW dropped -8.78% vs STIP's -5.50%.
On 1-year performance, ALLW leads with 23.78% vs 4.68% for STIP. On fees, STIP is cheaper at 0.06% per year. On volatility, STIP has been the lower-risk option at 0.40%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, ALLW has performed better with a 23.78% return vs 4.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
STIP is cheaper with a 0.06% expense ratio, compared with 0.85% for ALLW.
STIP has the higher dividend yield at 4.30%, compared with 4.28% for ALLW.
ALLW is categorized as Tactical Allocation, while STIP is Inflation-Protected Bonds. They also come from different issuers: State Street and iShares. Their fees differ too: 0.85% for ALLW and 0.06% for STIP.
STIP currently has the higher Sharpe Ratio (3.23 vs 2.27), 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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