AVLV vs. TIP
AVLV (Avantis U.S. Large Cap Value ETF) and TIP (iShares TIPS Bond ETF) are both exchange-traded funds - AVLV is a Large Cap Value Equities fund actively managed by Avantis, while TIP is a Inflation-Protected Bonds fund tracking the ICE U.S. Treasury Inflation Linked Bond Index. AVLV is actively managed, while TIP is passively managed. Over the past 3 years, AVLV returned 21.73%/yr vs 3.60%/yr for TIP. At a 0.15 correlation, their price movements are largely independent. AVLV charges 0.15%/yr vs 0.18%/yr for TIP.
Performance
AVLV vs. TIP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AVLV achieves a 19.96% return, which is significantly higher than TIP's 0.86% return.
AVLV
- 1D
- -1.32%
- 1M
- 3.29%
- YTD
- 19.96%
- 6M
- 21.55%
- 1Y
- 37.67%
- 3Y*
- 21.73%
- 5Y*
- —
- 10Y*
- —
TIP
- 1D
- -0.67%
- 1M
- -0.17%
- YTD
- 0.86%
- 6M
- 0.82%
- 1Y
- 3.81%
- 3Y*
- 3.60%
- 5Y*
- 0.88%
- 10Y*
- 2.47%
AVLV vs. TIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AVLV Avantis U.S. Large Cap Value ETF | 19.96% | 15.12% | 17.49% | 17.43% | -5.53% | 6.27% |
TIP iShares TIPS Bond ETF | 0.86% | 6.77% | 1.65% | 3.80% | -12.26% | 1.67% |
Correlation
The correlation between AVLV and TIP is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Sep 23, 2021 | 0.15 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AVLV vs. TIP — Risk / Return Rank
AVLV
TIP
AVLV vs. TIP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Large Cap Value ETF (AVLV) 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.
| AVLV | TIP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.90 | ||
| Sortino ratioReturn per unit of downside risk | +2.47 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.20 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 5.92 | 1.93 | +3.99 |
| Martin ratioReturn relative to average drawdown | 23.50 | 5.75 | +17.75 |
Loading charts...
Drawdowns
AVLV vs. TIP - Drawdown Comparison
The maximum AVLV drawdown since its inception was -19.50%, which is greater than TIP's maximum drawdown of -14.57%. Use the drawdown chart below to compare losses from any high point for AVLV and TIP.
Loading charts...
Drawdown Indicators
| AVLV | TIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.50% | -14.57% | -4.93% |
Max Drawdown (1Y)Largest decline over 1 year | -6.39% | -1.98% | -4.41% |
Max Drawdown (3Y)Largest decline over 3 years | -19.50% | -4.54% | -14.96% |
Max Drawdown (5Y)Largest decline over 5 years | — | -14.51% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -14.51% | — |
Current DrawdownCurrent decline from peak | -1.80% | -0.99% | -0.81% |
Average DrawdownAverage peak-to-trough decline | -3.90% | -3.43% | -0.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.61% | 0.66% | +0.95% |
Volatility
AVLV vs. TIP - Volatility Comparison
Avantis U.S. Large Cap Value ETF (AVLV) has a higher volatility of 3.87% compared to iShares TIPS Bond ETF (TIP) at 1.18%. This indicates that AVLV'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.
Loading charts...
Volatility by Period
| AVLV | TIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.87% | 1.18% | +2.69% |
Volatility (6M)Calculated over the trailing 6-month period | 9.38% | 2.42% | +6.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.55% | 3.44% | +9.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.34% | 6.20% | +11.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.34% | 5.74% | +11.60% |
AVLV vs. TIP - Expense Ratio Comparison
AVLV has a 0.15% expense ratio, which is lower than TIP's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
AVLV vs. TIP - Dividend Comparison
AVLV's dividend yield for the trailing twelve months is around 1.39%, less than TIP's 3.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVLV Avantis U.S. Large Cap Value ETF | 1.39% | 1.33% | 1.58% | 1.85% | 2.00% | 0.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TIP iShares TIPS Bond ETF | 3.78% | 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
AVLV and TIP have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVLV has higher volatility (3.87%) compared to TIP (1.18%). In terms of maximum drawdown, AVLV dropped -19.50% vs TIP's -14.57%.
On 3-year performance, AVLV leads with 21.73% vs 3.60% for TIP. On fees, AVLV is cheaper at 0.15% per year. On volatility, TIP has been the lower-risk option at 1.18%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, AVLV has performed better with a 21.73% return vs 3.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AVLV is cheaper with a 0.15% expense ratio, compared with 0.18% for TIP.
TIP has the higher dividend yield at 3.78%, compared with 1.39% for AVLV.
AVLV is categorized as Large Cap Value Equities, while TIP is Inflation-Protected Bonds. They also come from different issuers: Avantis and iShares. Their fees differ too: 0.15% for AVLV and 0.18% for TIP.
AVLV currently has the higher Sharpe Ratio (3.03 vs 1.12), 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.
Find the right allocation for AVLV and TIP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer