Correlation
The correlation between AVIE and TIP is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
AVIE vs. TIP
Compare and contrast key facts about Avantis Inflation Focused Equity ETF (AVIE) and iShares TIPS Bond ETF (TIP).
AVIE and TIP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVIE is an actively managed fund by Avantis. It was launched on Sep 27, 2022. TIP is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L). It was launched on Dec 4, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVIE or TIP.
Performance
AVIE vs. TIP - Performance Comparison
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Key characteristics
AVIE:
0.01
TIP:
1.26
AVIE:
-0.00
TIP:
1.55
AVIE:
1.00
TIP:
1.20
AVIE:
-0.10
TIP:
0.53
AVIE:
-0.27
TIP:
3.33
AVIE:
4.46%
TIP:
1.61%
AVIE:
15.32%
TIP:
4.75%
AVIE:
-12.39%
TIP:
-14.56%
AVIE:
-7.55%
TIP:
-4.78%
Returns By Period
In the year-to-date period, AVIE achieves a 0.62% return, which is significantly lower than TIP's 3.39% return.
AVIE
0.62%
-1.50%
-7.29%
0.18%
N/A
N/A
N/A
TIP
3.39%
-0.84%
1.91%
5.94%
0.41%
1.32%
2.35%
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AVIE vs. TIP - Expense Ratio Comparison
AVIE has a 0.25% expense ratio, which is higher than TIP's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
AVIE vs. TIP — Risk-Adjusted Performance Rank
AVIE
TIP
AVIE vs. TIP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Inflation Focused Equity ETF (AVIE) 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.
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Dividends
AVIE vs. TIP - Dividend Comparison
AVIE's dividend yield for the trailing twelve months is around 2.04%, less than TIP's 2.91% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVIE Avantis Inflation Focused Equity ETF | 2.04% | 1.89% | 3.72% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TIP iShares TIPS Bond ETF | 2.91% | 2.52% | 2.73% | 6.96% | 4.28% | 1.17% | 1.75% | 2.71% | 2.07% | 1.48% | 0.34% | 1.67% |
Drawdowns
AVIE vs. TIP - Drawdown Comparison
The maximum AVIE drawdown since its inception was -12.39%, smaller than the maximum TIP drawdown of -14.56%. Use the drawdown chart below to compare losses from any high point for AVIE and TIP.
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Volatility
AVIE vs. TIP - Volatility Comparison
Avantis Inflation Focused Equity ETF (AVIE) has a higher volatility of 4.23% compared to iShares TIPS Bond ETF (TIP) at 1.46%. This indicates that AVIE'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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