ALMIX vs. VTIPX
Compare and contrast key facts about Invesco Short Duration Inflation Protected Fund (ALMIX) and Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares (VTIPX).
ALMIX is managed by Invesco. It was launched on Jul 12, 1987. VTIPX is managed by Vanguard. It was launched on Oct 16, 2012.
Performance
ALMIX vs. VTIPX - Performance Comparison
Loading graphics...
ALMIX vs. VTIPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALMIX Invesco Short Duration Inflation Protected Fund | 0.89% | 6.13% | 4.29% | 4.17% | -4.35% | 5.20% | 5.35% | 4.84% | 0.12% | 0.45% |
VTIPX Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares | 0.93% | 5.96% | 4.65% | 4.51% | -2.93% | 5.21% | 4.85% | 4.74% | 0.49% | 0.72% |
Returns By Period
The year-to-date returns for both investments are quite close, with ALMIX having a 0.89% return and VTIPX slightly higher at 0.93%. Over the past 10 years, ALMIX has underperformed VTIPX with an annualized return of 2.73%, while VTIPX has yielded a comparatively higher 2.97% annualized return.
ALMIX
- 1D
- 0.30%
- 1M
- -0.11%
- YTD
- 0.89%
- 6M
- 1.01%
- 1Y
- 3.61%
- 3Y*
- 4.40%
- 5Y*
- 2.98%
- 10Y*
- 2.73%
VTIPX
- 1D
- 0.28%
- 1M
- 0.04%
- YTD
- 0.93%
- 6M
- 1.25%
- 1Y
- 3.76%
- 3Y*
- 4.58%
- 5Y*
- 3.40%
- 10Y*
- 2.97%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ALMIX vs. VTIPX - Expense Ratio Comparison
ALMIX has a 0.30% expense ratio, which is higher than VTIPX's 0.14% expense ratio.
Return for Risk
ALMIX vs. VTIPX — Risk / Return Rank
ALMIX
VTIPX
ALMIX vs. VTIPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Short Duration Inflation Protected Fund (ALMIX) and Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares (VTIPX). 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.
| ALMIX | VTIPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.75 | 2.19 | -0.44 |
Sortino ratioReturn per unit of downside risk | 2.68 | 3.29 | -0.62 |
Omega ratioGain probability vs. loss probability | 1.39 | 1.47 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 3.65 | 4.39 | -0.74 |
Martin ratioReturn relative to average drawdown | 12.15 | 14.13 | -1.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ALMIX | VTIPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.75 | 2.19 | -0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | 1.28 | -0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.01 | 1.34 | -0.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.66 | 1.00 | +0.65 |
Correlation
The correlation between ALMIX and VTIPX is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
ALMIX vs. VTIPX - Dividend Comparison
ALMIX's dividend yield for the trailing twelve months is around 4.39%, more than VTIPX's 3.50% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALMIX Invesco Short Duration Inflation Protected Fund | 4.39% | 4.38% | 3.00% | 3.24% | 7.59% | 4.38% | 1.19% | 2.17% | 2.80% | 2.19% | 1.53% | 0.09% |
VTIPX Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares | 3.50% | 3.70% | 2.60% | 2.76% | 6.74% | 4.59% | 1.11% | 1.88% | 2.37% | 1.50% | 0.55% | 0.00% |
Drawdowns
ALMIX vs. VTIPX - Drawdown Comparison
The maximum ALMIX drawdown since its inception was -6.61%, which is greater than VTIPX's maximum drawdown of -5.36%. Use the drawdown chart below to compare losses from any high point for ALMIX and VTIPX.
Loading graphics...
Drawdown Indicators
| ALMIX | VTIPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.61% | -5.36% | -1.25% |
Max Drawdown (1Y)Largest decline over 1 year | -1.18% | -0.95% | -0.23% |
Max Drawdown (5Y)Largest decline over 5 years | -6.61% | -5.36% | -1.25% |
Max Drawdown (10Y)Largest decline over 10 years | -6.61% | -5.36% | -1.25% |
Current DrawdownCurrent decline from peak | -0.31% | -0.32% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -0.45% | -1.13% | +0.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.36% | 0.30% | +0.06% |
Volatility
ALMIX vs. VTIPX - Volatility Comparison
Invesco Short Duration Inflation Protected Fund (ALMIX) has a higher volatility of 0.68% compared to Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares (VTIPX) at 0.62%. This indicates that ALMIX's price experiences larger fluctuations and is considered to be riskier than VTIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ALMIX | VTIPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.68% | 0.62% | +0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 1.19% | 0.96% | +0.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.20% | 1.81% | +0.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.19% | 2.66% | +0.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.71% | 2.22% | +0.49% |