BIIPX vs. STIP
Compare and contrast key facts about iShares Short-Term TIPS Bond Index Fund (BIIPX) and iShares 0-5 Year TIPS Bond ETF (STIP).
BIIPX is managed by BlackRock. It was launched on Feb 15, 2016. STIP is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). It was launched on Dec 1, 2010.
Performance
BIIPX vs. STIP - Performance Comparison
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BIIPX vs. STIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BIIPX iShares Short-Term TIPS Bond Index Fund | 0.73% | 6.05% | 4.75% | 3.25% | -4.12% | 5.19% | 4.89% | 4.83% | 0.58% | 0.88% |
STIP iShares 0-5 Year TIPS Bond ETF | 0.93% | 6.03% | 4.77% | 4.63% | -3.02% | 5.68% | 5.18% | 4.89% | 0.54% | 0.75% |
Returns By Period
In the year-to-date period, BIIPX achieves a 0.73% return, which is significantly lower than STIP's 0.93% return.
BIIPX
- 1D
- 0.00%
- 1M
- -0.10%
- YTD
- 0.73%
- 6M
- 1.05%
- 1Y
- 3.76%
- 3Y*
- 4.19%
- 5Y*
- 2.88%
- 10Y*
- —
STIP
- 1D
- -0.09%
- 1M
- 0.08%
- YTD
- 0.93%
- 6M
- 1.17%
- 1Y
- 3.87%
- 3Y*
- 4.66%
- 5Y*
- 3.47%
- 10Y*
- 3.10%
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BIIPX vs. STIP - Expense Ratio Comparison
BIIPX has a 0.08% expense ratio, which is higher than STIP's 0.06% 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%.
Return for Risk
BIIPX vs. STIP — Risk / Return Rank
BIIPX
STIP
BIIPX vs. STIP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Short-Term TIPS Bond Index Fund (BIIPX) 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.
| BIIPX | STIP | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.54 | 2.12 | -0.58 |
Sortino ratioReturn per unit of downside risk | 2.59 | 3.23 | -0.64 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.45 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 4.06 | 4.10 | -0.04 |
Martin ratioReturn relative to average drawdown | 11.31 | 13.94 | -2.63 |
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
| BIIPX | STIP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.54 | 2.12 | -0.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | 1.27 | -0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.27 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 1.05 | +0.05 |
Correlation
The correlation between BIIPX and STIP 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
BIIPX vs. STIP - Dividend Comparison
BIIPX's dividend yield for the trailing twelve months is around 3.57%, more than STIP's 3.43% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
BIIPX iShares Short-Term TIPS Bond Index Fund | 3.57% | 4.64% | 4.30% | 2.65% | 4.56% | 4.39% | 1.58% | 2.27% | 2.74% | 1.89% | 0.00% |
STIP iShares 0-5 Year TIPS Bond ETF | 3.43% | 4.11% | 2.62% | 2.84% | 6.04% | 4.15% | 1.40% | 2.06% | 2.44% | 1.59% | 0.89% |
Drawdowns
BIIPX vs. STIP - Drawdown Comparison
The maximum BIIPX drawdown since its inception was -6.46%, which is greater than STIP's maximum drawdown of -5.50%. Use the drawdown chart below to compare losses from any high point for BIIPX and STIP.
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Drawdown Indicators
| BIIPX | STIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.46% | -5.50% | -0.96% |
Max Drawdown (1Y)Largest decline over 1 year | -1.12% | -0.95% | -0.17% |
Max Drawdown (5Y)Largest decline over 5 years | -6.46% | -5.50% | -0.96% |
Max Drawdown (10Y)Largest decline over 10 years | — | -5.50% | — |
Current DrawdownCurrent decline from peak | -0.51% | -0.33% | -0.18% |
Average DrawdownAverage peak-to-trough decline | -1.09% | -1.00% | -0.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.40% | 0.28% | +0.12% |
Volatility
BIIPX vs. STIP - Volatility Comparison
The current volatility for iShares Short-Term TIPS Bond Index Fund (BIIPX) is 0.56%, while iShares 0-5 Year TIPS Bond ETF (STIP) has a volatility of 0.60%. This indicates that BIIPX experiences smaller price fluctuations and is considered to be less risky 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
| BIIPX | STIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.56% | 0.60% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 1.28% | 0.97% | +0.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.53% | 1.83% | +0.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.07% | 2.76% | +0.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.63% | 2.45% | +0.18% |